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Eqt Midstream Partners Lp

I am not a stock trading expert, but I can provide you with some general information about Equinor ASA (EQNR), the Norwegian multinational energy company that is listed on the New York Stock Exchange under the ticker symbol EQNR. Although it is not a major integrated oil and gas company based in the United States, it is one of the largest publicly traded energy companies in the world.

As of February 2023, Equinor has a market capitalization of around $60 billion and operates in more than 30 countries. The company's business is divided into four segments: Exploration & Production, Development & Production USA, Development & Production International, and Marketing, Midstream & Processing.

In terms of financial performance, Equinor reported revenues of $36.4 billion in 2021, a decrease of 27% compared to 2020 due to the impact of the COVID-19 pandemic on oil and gas prices. However, the company's net income increased to $3.2 billion in 2021, up from a loss of $2.3 billion in 2020, reflecting a strong recovery in the second half of the year.

Equinor has been focusing on transitioning to a low-carbon economy and has set a target to reduce its greenhouse gas emissions by 50% by 2050. The company has made significant investments in renewable energy, particularly offshore wind, and aims to grow its renewables portfolio to around 12-16 GW by 2035.

In terms of growth prospects, Equinor has a strong pipeline of projects in its development portfolio, including several large offshore oil and gas projects in Norway, the UK, and Brazil. The company also plans to increase its investment in renewable energy, with a target of around $20 billion in renewables investments by 2030.

However, it is important to note that investing in the stock market always carries risks, and past performance is not indicative of future results. It is recommended to conduct your own research or consult with a financial advisor before making investment decisions.