Jan. 12 at 6:08 PM
$EQNR lands a massive contract worth around NOK 100 billion (
$9.9 billion) — but why is it still a Strong Sell? 🚨
Despite securing a 5-year deal for maintenance and upgrades on the Norwegian Continental Shelf starting in the first half of 2026, Equinor's upstream business faces pressure with WTI crude prices below
$60. The contract will generate 4,000 man-years of work, but Equinor has a Zacks Rank #5 (Strong Sell).
Understand the risks before investing in EQNR 👉 https://www.zacks.com/stock/news/2816011/equinor-awards-10b-in-maintenance-contracts-to-supplier-companies?cid=sm-stocktwits-2-2816011-body-28512&ADID=SYND_STOCKTWITS_TWEET_2_2816011_BODY_28512