Equinor

Gas prices in Europe reached a multi-year high, driven by the blockade of the Strait of Hormuz and low German storage levels (54 percent). As the largest Western European gas producer, Equinor is advantaged as an important supplier to Germany. Chancellor Friedrich Merz warned against frantic gas buying and sees winter supply as fundamentally secure, while operators are calling for better framework conditions for filling storage. A further rise in prices would support the outlook for Equinor shares. » Altro su deraktionaer.de

If the coming winter is unusually cold, Germany’s gas storage facilities could be empty as early as early February according to model calculations, which would increase demand for gas deliveries. Currently storage levels are around 54 percent, well below last year’s level, and injections are delayed despite booked capacities. As the largest gas producer in Western Europe, Equinor is seen as the main beneficiary of the tight situation; the stock recently reached a new all-time high and remains attractively valued because of its dividend and chart performance. Experts are calling for political incentives to accelerate injections, while the Federal Network Agency currently describes the supply situation as secure. » Altro su deraktionaer.de

German gas storage is at a record low of 49% full — the emptiest level since records began; a year earlier it was 67% at the same time. The Federal Ministry for Economic Affairs currently sees no acute gas shortage but stresses that supplies are secured via pipelines from Norway, LNG terminals and neighboring countries. High prices after the Iran war are boosting Equinor’s revenues: Q2 pipeline gas prices rose sharply and adjusted operating income was $11.48 billion. Equinor reports production at capacity and can direct volumes primarily to higher‑priced markets, supporting margins. » Altro su deraktionaer.de