Equinor's Renewable Energy Business Is Progressing, but Questions Remain

Norwegian energy titan Equinor (NYSE: EQNR) has spent a lot of time talking about oil and gas this year, which might seem odd given that it talked a lot about renewable energy last year. Oil and gas is doing well, and Equinor's business is benefiting from it. But investors interested in the company's transition from fossil fuels to wind energy could be concerned that it is losing sight of its long-term objectives.

With that, let's dive into company updates from its second-quarter earnings and its Capital Markets Day presentation to determine if its renewable aspirations are legitimate or just for the positive press.

Image source: Getty Images.

Source Fool.com