Related Articles
Equities
Morningstar Upgrades Equinor to Hold Rating
Morningstar on Wednesday upgraded oil and gas giant Equinor (EQNR.OL) to hold from sell, while maintaining its price target at 311 Norwegian kroner.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
$EQNR.OL
Equities
BNP Paribas Lifts Saudi Aramco's PT, Affirms Neutral Rating
BNP Paribas on Thursday raised the price target for oil giant Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, to 28.00 Saudi riyals from 26.50 riyals and kept its rating at neutral.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
$SASE:2222
Equities
Fitch Affirms BP Rating on Balance Sheet Improvement; Outlook Stable
Fitch Ratings on Wednesday affirmed BP's (BP.L) A+ long-term issuer default rating with a stable outlook.The oil and gas company's rating mirrors its ability to execute its updated strategy, which prioritizes strengthening the balance sheet through reduced share buybacks, asset divestments and cost-saving measures, while shifting investment toward upstream oil and gas operations.BP's large-scale global operations and diversified business model also support the rating.
$BP.L