I see $EQNR as a very solid dividend and oil stock.
Dividends and share buybacks are part of the company's strategy.
It also has a reliable partner at its side in the form of the Norwegian state, which will continue to push for reliable dividends due to its majority shareholding. In addition, the company not only relies on oil/gas, but also invests diligently in renewables, thus securing a place in the market of the future in contrast to US stocks.
For me, this is currently an opportunity to invest in a stable, *European* oil giant with secure single-digit yields.