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Equinor added to the portfolio

I have added 50 Equinor shares to my portfolio. Equinor is Norways largest company. Its largest income comes from oil and gas, but they are also investing in offshore wind. I’m planning on buying at three seperate occations. The first I bought at 155 nok a share. This means a P/E above 7, and P/B above 1,26. They pay a quarterly dividend, and the last one was $0,26, or 2,32 nok a share. This gives a current dividend yield of 5,98%

The share has taken quite a stuble, and it might even fall further. The gas price is currently low, and a lot of their income comes from this. But Equinor owns 40% of Johan Sverdrup, and it is getting close to first oil. This will greatly increase production.

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