Equinor upgraded at Barclays as market too negative on European natural gas

seekingalpha03:28

posteriori/E+ via Getty Images Equinor (NYSE:EQNR) -1.1% in Monday's trading despite an upgrade to Overweight from Equal Weight at Barclays, as crude oil prices slide following reports that Israel and...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2486519800?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/157612903/image_157612903.jpg","is_english":true,"pubTime":"2024-11-26 03:28","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2486519800","market":"nz","top_or_hot":-1,"title":"Equinor upgraded at Barclays as market too negative on European natural gas","media":"seekingalpha","content":"<div>\n<p>posteriori/E+ via Getty Images Equinor (NYSE:EQNR) -1.1% in Monday's trading despite an upgrade to Overweight from Equal Weight at Barclays, as crude oil prices slide following reports that Israel and...</p>\n\n<a href=\"https://seekingalpha.com/news/4331578-equinor-upgraded-at-barclays-as-market-too-negative-on-european-natural-gas\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Equinor upgraded at Barclays as market too negative on European natural gas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEquinor upgraded at Barclays as market too negative on European natural gas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-26 03:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4331578-equinor-upgraded-at-barclays-as-market-too-negative-on-european-natural-gas><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>posteriori/E+ via Getty Images Equinor (NYSE:EQNR) -1.1% in Monday's trading despite an upgrade to Overweight from Equal Weight at Barclays, as crude oil prices slide following reports that Israel and...</p>\n\n<a href=\"https://seekingalpha.com/news/4331578-equinor-upgraded-at-barclays-as-market-too-negative-on-european-natural-gas\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EQNR","symbol_name":"Equinor ASA","start_time":0,"source_url":"https://seekingalpha.com/news/4331578-equinor-upgraded-at-barclays-as-market-too-negative-on-european-natural-gas","article_id":"2486519800","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/157612903/image_157612903.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486519800","pubTimestamp":1732562918,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"posteriori/E+ via Getty Images Equinor  -1.1% in Monday's trading despite an upgrade to Overweight from Equal Weight at Barclays, as crude oil prices slide following reports that Israel and Lebanon have agreed to terms that would end the Israel-Hezbollah conflict. Barclays analysts believe the market appears too negative on European natural gas with 2025 forward prices ~35% above consensus, and they see gas as a relative area of strength amid limited new liquefied natural gas supplies into 2025. European natgas prices have climbed 30% so far in November, driven by colder weather and lower wind power output, the bank says, and gas storage is being drawn down rapidly while supply is tight. Barclays notes that Equinor  remains a key supplier of natural gas into Europe with the ability to add flexible volumes, and as such is sensitive to European natural gas prices; the bank says its upgrades reflects this, as well as a more pragmatic approach from the company to low carbon investments.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"EQNR":"Equinor ASA"},"translate_title":"由于市场对欧洲天然气过于负面，巴克莱上调Equinor评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EQNR":0.9},"content_text":"posteriori/E+ via Getty Images Equinor (NYSE:EQNR) -1.1% in Monday's trading despite an upgrade to Overweight from Equal Weight at Barclays, as crude oil prices slide following reports that Israel and Lebanon have agreed to terms that would end the Israel-Hezbollah conflict. Barclays analysts believe the market appears too negative on European natural gas with 2025 forward prices ~35% above consensus, and they see gas as a relative area of strength amid limited new liquefied natural gas supplies into 2025. European natgas prices have climbed 30% so far in November, driven by colder weather and lower wind power output, the bank says, and gas storage is being drawn down rapidly while supply is tight. Barclays notes that Equinor (EQNR) remains a key supplier of natural gas into Europe with the ability to add flexible volumes, and as such is sensitive to European natural gas prices; the bank says its upgrades reflects this, as well as a more pragmatic approach from the company to low carbon investments.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486519800"}