Profitable oil company that is paying a 9.18% Dividend - Equinor

Equinor ASA, formerly Volue AS is a Norway-based international energy company. The Company’s purpose is to turn natural resources into energy. Equinor sells crude oil and delivers natural gas to the European market. It is also engaged in processing, refining, offshore wind and carbon capture and storage activities. Equinor ASA has five reporting segments: Exploration & Production Norway (E&P Norway), Exploration & Production International (E&P International), Exploration & Production USA (E&P USA), Marketing, Midstream & Processing (MMP) and Renewables (REN). The Company has several subsidiaries such as Equinor Nigeria Energy Company Ltd, Equinor Wind Power AS, Equinor International Netherlands BV and Equinor Brasil Energia Ltda.

[@victorhinvesting]

Oil price went up again today

[@godach1lles741]

Nice analysis my friend 😊

[@victorhinvesting]

Thank you, I appreciate you watching and for the comment

[@user-uz5cp4pd9x]

Started buying almost 10 years ago, and its actually become my biggest holding due largely to some great price growth. Normally this would make me conservative, but like yourself, I just find the numbers make sense - plus the large dividend has smoothed out the last year of sidegate to down movement. So the dividend has been my way of diverisifying

[@victorhinvesting]

Good to hear, high oil prices are likely making the stock price go up this month

[@WaitingMorningStar_007]

Thanks

[@victorhinvesting]

You're welcome, thank you for watching

[@user-uz5cp4pd9x]

And great video by the way 👍

[@victorhinvesting]

Glad you enjoyed it

[@mayloo2010]

Just found your video. Thanks for sharing!
One minor note: wasn't Equinor the former Statoil? In your description you mentioned Volue.

[@victorhinvesting]

You are correct

[@steventaylor5283]

THANKS FROM AUSTRALIA

[@victorhinvesting]

You’re welcome

[@jtw259]

Hi Victor, learned about this company today. Great presentation, thank you for all your work. If I may, what’s your take on marketbeat’s dividend calculator? Do you find it to be somewhat accurate? I ran EQNR on it and the numbers it came up with were extreme to say the least. Curious about your opinion if you don’t mind sharing it. Thank you sir

[@victorhinvesting]

I don't use the dividend calculator that you're referring to. I determine the dividend payout ratio to see if the dividend is safe.

[@jtw259]

@@victorhinvesting good morning Victor, thank you for the prompt response. And again thanks for the analysis. Best to you.

[@justinwoah2622]

Hi Victor, as the share price continues to fall do you still have the same perspective? Thank you Sir!

[@victorhinvesting]

Interesting how the stock price has gone down, Oil companies have been beaten down, but they pay high dividends