EQNR

Equinor (EQNR) emerges as the more attractive investment compared to Cenovus Energy (CVE), trading at a significantly lower valuation of 2.38X EV/EBITDA versus CVE's 6X. EQNR benefits from its position as a leading European natural gas supplier with low production costs and growing Norwegian offshore output, while CVE focuses on Canadian oil sands expansion through acquisitions. Both companies are positioned to benefit from elevated oil prices and tight refined product markets, though EQNR's cheaper valuation makes it the more compelling choice.

Equinor (EQNR) is highlighted as a strong momentum pick with a Zacks Rank #1 (Strong Buy) and Momentum Style Score of B. The oil and gas company has outperformed its industry with a 9.23% weekly gain and 97.16% annual return, while earnings estimates have been revised upward over the past two months, with consensus estimates increasing from $4.93 to $5.60.

Equinor ASA, a Norway-based integrated energy company and Europe's largest pipeline gas supplier, has been identified as a Zacks Rank #1 Strong Buy with an A VGM Score. The stock has gained 9.5% over the past four weeks, with four analysts raising earnings estimates in the last 60 days, pushing the consensus estimate to $5.60 per share for fiscal 2026.

Equinor (EQNR), a Norway-based integrated energy company, has been added to the Zacks Rank #1 (Strong Buy) list on October 10, 2026. Four analysts revised earnings estimates higher in the last 60 days, with consensus estimates increasing $0.67 to $5.6 per share.

The company is expected to see 126.7% earnings growth and 19.7% revenue increase for fiscal 2026, with a 10.5% average earnings surprise. EQNR has outperformed the S&P 500 over the past four weeks.

Equinor (EQNR) has signed a five-year agreement with Dutch energy firm Eneco to supply approximately 9 TWh of natural gas annually from the Norwegian Continental Shelf to the Netherlands, effective October 1, 2026. This marks the third supply agreement between the two companies this year. The Norwegian gas has an 11.8% lower lifecycle greenhouse gas footprint than the Dutch grid average, with emissions tracking capabilities included.

Equinor (EQNR) and Galp Energia (GLPEY) are highlighted as strong performers in the Oils-Energy sector. Equinor has returned 90.5% year-to-date, significantly outpacing the sector average of 41%, with a Zacks Rank #1 (Strong Buy) rating and improving analyst sentiment. Galp Energia has returned 49.6% year-to-date with a 39.8% increase in consensus EPS estimates over three months, also holding a Zacks Rank #1 rating.

Zacks highlights three stocks with Rank #1 buy ratings and strong momentum scores: NN, Inc. (NNBR), a precision components manufacturer with 15.4% earnings estimate increase; Equinor ASA (EQNR), an energy company with 11.4% earnings estimate increase; and IMAX Corporation (IMAX), an entertainment technology platform with 10% earnings estimate increase. All three have outperformed the S&P 500 over the last three months.

Equinor ASA (EQNR) shares have surged 75.7% over the past year and are trading near 52-week highs. The Norwegian energy company is positioned for 3% production growth in 2026 driven by new Norwegian Continental Shelf fields and international developments.

Elevated oil and gas prices, strong refining margins, and a discounted valuation (2.15X EV/EBITDA vs. industry average 5.88X) support a constructive outlook. As Europe's leading piped gas supplier, EQNR benefits from tight LNG supplies and robust demand. The stock carries a Zacks Rank #2 (Buy) rating.

Equinor ASA, a Norway-based integrated energy company and Europe's largest pipeline gas supplier, has been identified as a #2 (Buy) on the Zacks Rank with an A-rated VGM Score. The stock has shown positive momentum with a 1.1% gain over four weeks, four analyst upgrades in the last 60 days, and a consensus earnings estimate increase of $0.52 to $5.45 per share, along with a +10.5% average earnings surprise.

Equinor ASA (EQNR), a Norway-based integrated energy company and Europe's largest pipeline gas supplier, has been identified as a #1 Strong Buy on the Zacks Rank with an A-rated VGM Score. The company benefits from attractive valuation metrics including a forward P/E ratio of 7.81, and analysts have revised fiscal 2026 earnings estimates upward by $0.36 to $5.29 per share over the last 60 days.

The article highlights two oil and energy stocks with positive Earnings Surprise Prediction (ESP) metrics: Chevron (CVX) with a +7.77% ESP and a Hold rating, and Equinor (EQNR) with a +1.86% ESP and a Strong Buy rating. Both stocks are expected to report earnings soon and may deliver positive earnings surprises based on their ESP analysis.

Transocean (RIG) has outperformed the broader energy sector with a 14.7% gain over three months, driven by $550 million in new Gulf of Mexico contracts extending visibility into 2027, 94% contract coverage for 2026, and improving earnings estimates projecting 350% growth in 2026 and 57% growth in 2027. The company's specialized deepwater drilling fleet and multiyear Equinor contracts position it well in a tightening offshore drilling market.

SLB N.V. reported Q3 2026 adjusted EPS of 64 cents, beating estimates by 3.2%, with revenues of $9.45 billion up 5.8% year-over-year. Production Systems revenues surged 15% to $4 billion driven by ChampionX contributions, while Data Center Solutions revenues jumped 76%.

The company generated $828 million in free cash flow and repurchased $656 million in shares. However, margin pressure persisted with adjusted EBITDA margin contracting 121 basis points, and management expects stronger growth in 2027 supported by international activity and the planned Kelvion acquisition.

Kinder Morgan (KMI) beat Q3 2026 earnings expectations with adjusted EPS of 35 cents (up 20.7% YoY) and revenues of $4.53 billion (up 9.3% YoY). The company achieved record EBITDA of $2.18 billion, driven by higher natural gas transportation and gathering volumes. With a $14.4 billion project backlog and improved 2026 guidance expecting EBITDA to exceed budget by over 6%, KMI raised its quarterly dividend by 2%.

The Onward FX program has selected 173 startups from nearly 800 applicants for its first cycle focused on the physical economy. The event on October 27 in Little Rock will feature curated meetings between founders and 44 investors including Eclipse, In-Q-Tel, Chevron Technology Ventures, and others. Historically, one in four participating startups secures a term sheet, with investor interest concentrated on industrial AI, critical materials processing, and dual-use hardware.

Equinor, along with partners Petoro and TotalEnergies, announced an oil and gas discovery at Grimsnes near the Oseberg field in the North Sea. The discovery contains an estimated 19-50 million barrels of recoverable resources.

Equinor plans to leverage existing subsea infrastructure to reduce development costs and expects an investment decision next summer, with production beginning within three years. This discovery supports Equinor's strategy to sustain North Sea production at approximately 1.3 million barrels per day through 2035.

EQT Corporation announced a 3% increase in its quarterly dividend to 17 cents per share, raising its annualized payout to 68 cents. The dividend is payable December 1, 2026. The increase reflects EQT's commitment to gradual shareholder payouts, supported by strong cash generation of $330 million in Q2 2026 and declining net debt of $5.5 billion.

The Trump administration announced plans to expand Delek US Holdings' Tyler refinery in Texas under the Defense Production Act to increase commercial and military-grade fuel production. The expansion aims to boost domestic fuel availability and energy security.

Delek's shares have surged 172.4% year-to-date, outperforming peers and the broader energy sector. The company's Enterprise Optimization Plan targets $220 million in annual free cash flow improvements, while 2026 EPS estimates have risen 54% in 60 days, supported by strong refining margins and expanding midstream operations.

Standard Lithium Ltd. announced the appointment of Ralph Alexander as an independent board member effective immediately. Alexander brings over 40 years of experience in energy, chemicals, power and infrastructure sectors, including previous roles as CEO of Talen Energy Corporation and Managing Director at Riverstone Holdings. The company granted him 300,000 incentive stock options as part of the appointment.

SLB N.V. has won a 15-year contract with TotalEnergies to deploy its DrillPlan well planning and engineering solutions across TotalEnergies' global upstream operations. The agreement strengthens SLB's digital technology portfolio and long-term customer relationships, though financial terms remain undisclosed. The deal reflects growing industry adoption of digital platforms to improve operational efficiency in drilling activities.