Equinor ASA (NYSE:EQNR) is included among the 12 Best Large Cap Energy Stocks to Buy Now.
Equinor ASA is an international energy company headquartered in Norway, with over 25,000 employees in around 20 countries worldwide.
Equinor ASA revealed on March 10 that it had discovered oil in the Troll area and gas and condensate in the Sleipner area in the North Sea. The find at Troll’s Byrding C prospect contains between 4 million and 8 million barrels of oil equivalent (boe), while the discovery in the well northwest of the Sleipner Vest field is estimated to contain 5M-9M boe.
Moreover, both these discoveries are considered commercial and were made in areas with well-developed infrastructure for export to Europe. Equinor owns 75% of the permit in the Byrding C prospect and 58.3% in the Sleipner field, while also being the operator in both.
The discoveries come as Equinor ASA is targeting to grow its production by 3% in 2026, after already hitting a record high production level. Meanwhile, the company’s CapEx guidance stands at $13 billion for 2026 and $9 billion for 2027.
READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 13 Undervalued Dividend Aristocrats to Buy Now.
