Equinor

Equinor ASA engages in the exploration, production, transport, refining, and marketing of petroleum and petroleum-derived products. It operates through the following segments: Exploration and Production Norway, Exploration and Production International, Exploration and Production USA, Marketing, Midstream, and Processing, Renewables, and and Other. The Exploration and Production Norway segment includes the commercial development of oil and gas portfolios on the Norwegian continental shelf. The Exploration and Production International segment covers offshore and onshore activities in the USA, Mexico, and other operations worldwide. The Exploration and Production USA segment covers both onshore and offshore exploration, development, and Production of oil and gas in USA. The Marketing, Midstream, and Processing segment markets and trades of crude oil and condensate, natural gas, NGL and refined products. The Renewables segment focuses on offshore wind,and integrated solutions for onshore renewables. The Other segment includes projects, drilling and procurement, the business area technology, digital and innovation, and corporate staffs and support functions. The company was founded on September 18, 1972 and is headquartered in Stavanger, Norway.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Equinor ASA engages in the exploration, production, transport, refining, and marketing of petroleum and petroleum-derived products. It operates through the following segments: Exploration and Production Norway, Exploration and Production International, Exploration and Production USA, Marketing, Midstream, and Processing, Renewables, and Other. The Exploration and Production Norway segment includes the commercial development of oil and gas portfolios on the Norwegian continental shelf. The Exploration and Production International segment covers offshore and onshore activities in the USA, Mexico, and other operations worldwide. The Exploration and Production USA segment covers both onshore and offshore exploration, development, and Production of oil and gas in the USA. The Marketing, Midstream, and Processing segment markets and trades of crude oil and condensate, natural gas, NGL and refined products. The Renewables segment focuses on offshore wind, and integrated solutions for onshore renewables. The Other segment includes projects, drilling and procurement, the business area technology, digital and innovation, and corporate staffs and support functions. The company was founded on September 18, 1972, and is headquartered in Stavanger, Norway.

Norway's Equinor is trimming 20% of the staff from its renewable energy division and will compete for a smaller number of new projects as it streamlines the business unit, the company told Reuters on Thursday.

Norway's Equinor cuts 20% of staff at renewables unit

Please see below information about transactions made under the buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR) for shares to be used in the share-based incentive programmes for employees and management.

Equinor ASA: Buy-back of shares to share programmes for employees

Equinor's strong fundamentals, state ownership, and strategic moves in renewables make it a solid medium to long-term investment with a target price of 300 NOK/share. The company's dominance in the Norwegian Continental Shelf, cost reductions, and new discoveries ensure high-margin, low-cost crude production with significant upside. Equinor's shift towards renewables, including a stake in Orsted and projects like "Northern Lights," positions it well for future growth despite short-term yield adjustments.

Equinor: Adding And Buying On An Attractive Thesis

EQNR, along with Var Energi and INPEX Idemitsu Norge, makes a new hydrocarbon discovery in PL 090, where it serves as the operator with a 45% stake.

Equinor Strikes New Oil and Gas Reserves in the Norwegian North Sea

Please see below information about transactions made under the fourth tranche of the 2024 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).

Equinor ASA: Share buy-back

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Rising geopolitical tensions provided additional support to oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Equinor Halts Johan Sverdrup Oilfield

The shares in Equinor ASA (OSE: EQNR; NYSE: EQNR) will as from today be traded on Oslo Børs exclusive the second quarter 2024 cash dividend as detailed below.

Equinor ASA: Ex. dividend second quarter 2024 today - Oslo Børs

Shell PLC

TotalEnergies SE

Leading energy companies TotalEnergies , BP , Shell and Equinor announced a $500-million joint investment commitment, aimed at increasing people's access to sustainable modern energy sources.

TotalEnergies, BP, Equinor and Shell commit $500 mln to boost energy access

Norwegian oil major Equinor will report Greenpeace to police after the environmental group protested at the home of its CEO Anders Opedal by dumping debris from recent floods in Brazil in his garden on Wednesday.

Equinor to report Greenpeace to police after protest at CEO's home

Shell and Equinor on Tuesday urged a Scottish court to uphold Britain's approval for the development of two vast North Sea oil and gas fields, as environmental campaigners attempted to block the projects.

Shell and Equinor fight challenges to UK North Sea gas, oil projects

Shell PLC (LSE:SHEL, NYSE:SHEL) is facing a big day in court as two highly contested legal cases in the UK and Netherlands come to a head. In Scotland, a legal challenge to the oil giant's proposed Jackdaw North Sea gas development gets underway.

Legal action starts over Shell's Jackdaw and Equinor's Rosebank North Sea fields

APA Corporation

Black Stone Minerals LP

Chord Energy Corp

Civitas Resources

Canadian Natural Resources

Chevron

Devon Energy

Eni SpA Sponsored ADR

EOG Resources

Diamondback Energy

Northern Oil and Gas

Permian Resources Corp

Repsol SA

With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-factor relative value matrix and ranked from most to least favorable. Based on this evaluation, EQNR, VRN, MGYOY, PCCYF, and CHRD appear to be the best prospects.

High Yield Oil And Gas Ranked By Relative Quality

Norway's Equinor said on Thursday it has agreed to buy Sval Energi's 11.8% stake in the ongoing offshore development Halten East Unit in the Norwegian Sea, increasing the company's ownership to 69.5%.

Equinor agrees to buy Sval Energi's 11.8% stake in Halten East Unit

Equinor is on track to return a staggering $44.7 billion to shareholders in just three years.

Meet the Ultra-High-Yield Value Stock That's Going to End Up Returning $14 Billion to Shareholders in 2024

EQNR's acquisition of a stake in Orsted offers a cost-effective opportunity for the company to participate in offshore wind projects without having to develop them.

Equinor Plans to Cut Back on Renewables, Adjusts 2024 Capex Outlook

Equinor ASA's strong cash flow, low P/E ratio, and net cash position make it a valuable investment opportunity with a double-digit dividend yield. The company's equity production remains robust despite weak prices, with significant growth expected from new projects like Johan Castberg and Dogger Bank A. Despite substantial tax obligations, Equinor generates hefty cash flow, enabling continued shareholder returns and heavy investments in renewables.

Equinor: A Reliable Double-Digit Yield Is Tough To Find In This Market

A close associate of a primary insider in Equinor ASA (OSE: EQNR, NYSE: EQNR) has purchased shares in Equinor ASA: Tocaba AS, a close associate of board member Tone Hegland Bachke, has on 25 October 2024 purchased 2000 shares in Equinor ASA at a price of NOK 276.76 per share. Details of the purchase of shares are set forth in the attached notification.

Equinor ASA: Notifiable trading

Norway's Equinor continues to meet its gas supply commitments to Europe following two recent security incidents at its Sleipner field in the North Sea, the company said on Friday.

Equinor says gas delivery remains unaffected by Sleipner fields incidents

Equinor ASA (NYSE:EQNR ) Q3 2024 Earnings Conference Call October 24, 2024 3:00 AM ET Company Participants Torgrim Reitan - Executive Vice President, Chief Financial Officer Bard Glad Pedersen - Senior Vice President of Investor Relations Conference Call Participants Biraj Borkhataria - RBC Teodor Sveen Nilsen - SpareBank 1 Markets Martijn Rats - Morgan Stanley Henri Patricot - UBS Alastair Syme - Citi Alejandro Vigil - Santander Yoann Charenton - Bernstein Lydia Rainforth - Barclays Giacomo Romeo - Jefferies Michele della Vigna - Goldman Sachs Kim Fustier - HSBC Matt Lofting - JPMorgan Anders Rosenlund - SEB Peter Low - Redburn Operator Good day and welcome to the Equinor Analysts Call Q3 Conference Call. All lines have been placed on mute to prevent any background noise.

Equinor ASA (EQNR) Q3 2024 Earnings Call Transcript

Robust liquid and gas production due to the ramp-up of new fields, and a reduction in unplanned losses aid EQNR's earnings in Q3.

Equinor Q3 Earnings Surpass Estimates, Revenues Decline Y/Y

European gas prices are still subject to upward pressure due to rising demand in Asia and concerns over future supply of Russian and liquefied natural gas (LNG), the CEO of Norwegian oil and gas producer Equinor said on Thursday.

Equinor sees upward gas price pressure, lower storages next year

Norway's largest oilfield Johan Sverdrup is expected to come off its production plateau early next year, operator Equinor said on Thursday.

Output from Norway's largest oilfield to begin decline in 2025, Equinor says

The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.

Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes

Equinor on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its full-year outlook for capital expenditure and renewable energy production growth.

Equinor Q3 profit lags forecast

Equinor (OSE: EQNR, NYSE: EQNR) will on 25 October 2024 commence the fourth and final tranche of up to USD 1.6 billion of the share buy-back programme for 2024, as announced in relation with the third quarter results 24 October 2024.

Equinor to commence fourth tranche of the share buy-back programme for 2024

News for Equinor Stock (EQNR)