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Equinor's Recovery Is in Full Swing

TheMotleyFool

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Equinor's Recovery Is in Full SwingPhoto, wide shot, wide-angle lens, Gas company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/01083d82-021d-4573-8c40-0e836a0771d6.png

Like its competitors, Equinor (NYSE: EQNR) has been rebounding nicely so far this year. Norway's integrated oil and gas major just recorded arguably its best quarter since just before the oil crash of 2014. Equinor is now in a period of dividend raises, share buybacks, and debt repayment, a stark contrast from the dividend slashes and debt increases we saw last year.

With a recovery in full swing, Equinor is in better shape now than it was before the pandemic. Let's break down the company's financial health to determine if it is a good buy now.

Image source: Getty Images.

Source Fool.com

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