🟢 EQNR is trading 4% up today after taking full ownership of Bay du Nord project

EQNR is trading 4% up at $33.35 after acquiring BP’s entire stake in the Bay du Nord offshore oil project, becoming its 100% owner.

• The acquisition provides Equinor with full control and increased strategic flexibility over the large-scale Canadian offshore development.
• The stock is benefiting from a company-specific catalyst, significantly outperforming broader equity markets which are trading lower today.