Darren SissonsEquinor ASAEQNRPAST TOP PICKJul 30, 2020
(A Top Pick Jul 26/19, Down 13%) Fundamentally, we have to figure out where energy consumption will be going forward. For him, it's a buy and he's still holding.
(A Top Pick Oct 25/19, Down 30%) Still owns it. It is over sold significantly. They raised dividends by 22% a couple weeks ago. At these levels, it is very attractive with some upside. Once energy prices normalized, they will lighten their energy exposure.
Old state oil based in Norway. A European supermajor. They recently tapped a new lake of oil. Refined cost of oil is sub $20. The dividend is great with an attractive value.
The old Statoil. Norwegian national sovereign oil company that they partially sold to the public. No energy discount as we have here in Canada. Very well run. Profitable. Reported OK numbers today. Thinks it's very very cheap at these levels. (Analysts’ price target is $24.01)