With the Strait of Hormuz closure disrupting global energy and commodity flows, the article recommends 10 stocks positioned to benefit from supply chain shifts. These include U.S. oil producers, refiners benefiting from widened crack spreads, LNG exporters filling supply gaps, shipping companies handling longer routes, and fertilizer producers gaining from reduced competition.

Equinor ASA has completed the first tranche of its 2026 share buy-back programme, purchasing 463,958 shares between 23-27 March 2026 at an average price of NOK 387.93 per share. The total accumulated buy-backs under the tranche reached 3,896,543 shares at an average price of NOK 305.09. Following these transactions, Equinor owns 64,652,070 own shares, representing 2.53% of its share capital.

Equinor ASA has completed the first tranche of its 2026 share buy-back program, repurchasing a total of 3,896,543 shares at an average price of NOK 305.09 per share for approximately NOK 1.19 billion. The company now holds 64,652,070 treasury shares, representing 2.53% of its share capital.

The blockade of the Strait of Hormuz, through which 25% of global seaborne oil and 20% of LNG trade flows, is creating significant ripple effects across energy markets. Rising oil prices benefit U.S. exploration and production companies, while refining crack spreads have soared above $58. The disruption also benefits LNG suppliers from alternative sources, fertilizer producers, and LNG shipping companies facing longer routes.

Equinor acquired the 230-megawatt Esquina do Vento onshore wind project in Brazil from Vestas Wind Systems, expanding its integrated renewable energy portfolio. The project features 51 wind turbines expected to generate about 1 terawatt-hour annually with double-digit returns. The stock was down 1.52% in premarket trading Tuesday, though technical analysis shows a longer-term uptrend with overbought momentum conditions.

Equinor ASA delivered record-high production of 2,137 mboe per day in 2025, with adjusted operating income of USD 27.6 billion and adjusted net income of USD 6.43 billion. The company achieved its lowest serious incident frequency at 0.21 per million hours worked, though a tragic fatality at Mongstad highlighted ongoing safety challenges. Equinor paid USD 20.5 billion in corporate income taxes and maintained an industry-leading return on capital employed of 14.5%, while reducing operated emissions by 34% since 2015.

Equinor ASA announced strong 2025 results with record production of 2,137 million foe per day (up 3.4%), adjusted operating income of $27.6 billion, and net income of $6.43 billion after tax. The company achieved its lowest serious incident frequency (0.21 per million work hours) while maintaining industry-leading capital discipline with organic investments of $13.1 billion. New fields Johan Castberg and Halten Øst contributed to the highest Norwegian shelf production in over 15 years, though the company adjusted its energy transition plan due to slower-than-expected renewable market development.

Equinor ASA has purchased 472,602 shares on 13 March 2026 at an average price of NOK 336.44 per share as part of its 2026 buy-back programme. The company has now acquired a total of 1,068,721 shares under the programme, which runs until 15 January 2027 with a total budget of NOK 1.971 billion and a maximum of 19.6 million shares.

Equinor ASA announced the completion of share buy-back transactions on March 13, 2026, acquiring 472,602 shares at an average price of NOK 336.44 per share for a total value of NOK 158,999,854. The company now holds 63,756,322 treasury shares (2.49% of share capital) from both employee incentive programs and capital reduction initiatives. The buy-back program runs from February 13, 2026 to January 15, 2027, with a total budget of up to NOK 1.971 billion.

Equinor ASA completed its first tranche of share buy-backs for 2026, repurchasing 555,717 shares between March 2-6 at an average price of NOK 306.33 per share. Combined with previously announced buy-backs, the company has repurchased a total of 2,580,775 shares under this tranche, bringing its total treasury holdings to 63.1 million shares (2.47% of share capital).

Equinor ASA completed share buy-back transactions from March 2-6, 2026, purchasing 555,717 shares at an average price of NOK 306.33 per share. The accumulated buy-back under the first tranche reached 2,580,775 shares at an average price of NOK 277.73. Following these transactions, Equinor owns 63,106,987 own shares, representing 2.47% of its share capital.

Smackover Lithium, a joint venture between Standard Lithium and Equinor, announced its first commercial offtake agreement with Trafigura for 8,000 metric tonnes per year of battery-quality lithium carbonate over 10 years. This agreement represents over 40% of the targeted 22,500 tonnes annual nameplate capacity and is a major milestone toward Final Investment Decision and project financing, with over $1 billion in debt indications of interest already received.