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

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Earnings data Q1 2022

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Earnings data Q4 2022

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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

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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.

Equinor (EQNR) plans to offload a 20% stake in the Rosebank oil project in the U.K. North Sea. This move is likely to fetch approximately $1.5 billion.

Equinor (EQNR) to Sell 20% Stake in Rosebank Project for $1.5B

Dominion Energy

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The Biden administration early this week approved the construction of the largest wind-power farm in the United States, more than 170 giant turbines to be built roughly 27 miles off the coast of Virginia Beach, Va.

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Equinor Energy has extended the contract for Havila Charisma by exercising one year option to mid December 2024.Equinor Energy has three additional options, each of one year for the period to mid December 2027.

Havila Shipping ASA: Equinor Energy has extended the contract for the PSV Havila Charisma

BP remains committed to its offshore wind growth plans after the energy company booked a $540 million impairment on two U.S. projects, CEO Murray Auchincloss told Reuters on Tuesday.

BP CEO Auchincloss says BP, Equinor assessing New York's wind plan

Equinor Energy has extended the contract for Havila Foresight by exercising one year option for 2024.  Equinor Energy has three additional options, each of one year for the period from 2025 to the end of 2027.

Havila Shipping ASA: Equinor Energy has extended the contract for the PSV Havila Foresight

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Big Oil Spending Spree: Should Investors Buy or Sell on the Acquisition Bonanza?

Lower liquids and gas production, coupled with a sharp decline in gas prices in Norway, hurts Equinor's (EQNR) earnings in Q3.

Equinor (EQNR) Q3 Earnings Lag Estimates, Revenues Fall Y/Y

Equinor ASA (NYSE:EQNR ) Q3 2023 Earnings Call Transcript October 27, 2023 5:30 AM ET Company Participants Bard Glad Pedersen - Senior Vice President of Investor Relations Torgrim Reitan - Executive Vice President and Chief Financial Officer Conference Call Participants Biraj Borkhataria - RBC Capital Markets Giacomo Romeo - Jefferies Oswald Clint - Sanford C. Bernstein Teodor Sveen-Nilsen - Sparebank 1 Markets Alastair Syme - Citigroup Inc. Henri Patricot - UBS Kim Fustier - HSBC Peter Low - Redburn Anders Rosenlund - SEB Michele Della Vigna - Goldman Sachs Henry Tarr - Berenberg Christopher Kuplent - Bank of America Merrill Lynch Paul Redman - BNP Paribas Operator Thank you for standing by and welcome to the Equinor Q3 2023 Analyst Call.

Equinor ASA (EQNR) Q3 2023 Earnings Call Transcript

Equinor on Friday cut its full-year oil and gas output guidance while posting a bigger-than-expected profit for the third quarter, boosted by the company's trading unit.

Equinor cuts output guidance; Q3 profit beats forecast

Equinor (OSE: EQNR, NYSE: EQNR) will on 30 October 2023 commence the fourth tranche of the share buy-back programme for 2023 of up to USD 1.67 billion, as announced in relation with the third quarter results on 27 October 2023. The fourth tranche will end no later than 29 January 2024.

Equinor to commence fourth and final tranche of the 2023 share buy-back programme

Key information relating to the cash dividend to be paid by Equinor ASA (OSE: EQNR, NYSE: EQNR) for third quarter 2023. Ordinary cash dividend amount: 0.30 Extraordinary cash dividend amount: 0.60 Declared currency: USD Last day including rights: 13 February 2024 Ex-date: 14 February 2024 Record date: 15 February 2024 Payment date: 27 February 2024 Date of approval: 26 October 2023 Other information: the cash dividend per share in NOK will be communicated on 21 February 2024.

Equinor ASA: Information relating to the cash dividend for third quarter 2023

Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted earnings* of USD 8.02 billion and USD 2.73 billion after tax in the third quarter of 2023. Net operating income was USD 7.45 billion, and net income was USD 2.50 billion.

Equinor third quarter 2023

Correction: The below stock market announcement (SMA) is a correction of the SMA published on 24 October 2023. The reason for the correction is that the attachment showing daily trades attached to the SMA was from week 41 but should have been from week 42.

Correction: Equinor ASA: Share buy-back

Equinor's (EQNR) project is highly profitable, contributing significant volumes to the market, and generating substantial value for Norwegian society and the project's stakeholders.

Equinor (EQNR) Commences Breidablikk Field Production Early

19 October 2023, Oslo: Scatec ASA and Equinor ASA have agreed to sell their shares in the 117-megawatt (MW) Guañizuil IIA solar power plant in Argentina, as well as their shares in the local operating services company to Central Puerto, one of Argentina's largest power generators. As a result, Scatec is exiting the Argentinian market.

Scatec and Equinor sell solar power plant in Argentina to Central Puerto

Equinor's CEO said on Wednesday the European gas market will remain volatile this winter, and will face a lot of variables, but is in a stronger position than last year.

Equinor chief sees EU gas market in 'better place' than last year

Equinor's valuation at 5x its 2024 free cash flows points to a rewarding investment. Equinor's robust capital returns program reflects its commitment to shareholders. Equinor's strong balance sheet position, with a net cash position of approximately $12 billion, provides a solid foundation for future growth.

Equinor Ignites Electrification Momentum In Europe

Equinor's (EQNR) Dogger Bank will provide a substantial boost to U.K. energy security, affordability and leadership in tackling climate change.

Equinor (EQNR) Achieves First Power at Dogger Bank Wind Farm

The chief economist of oil major Equinor on Wednesday said Europe could reduce carbon dioxide emissions by 70% by 2050, but said oil and gas investments must continue in ordre to keep pace with growth in demand.

Europe can slice CO2 emissions 70% by 2050, says Equinor executive

The project will receive a total investment of $3.8 billion, with Equinor (EQNR) overseeing Rosebank as the majority stakeholder.

Equinor (EQNR) to Advance Rosebank Phase 1 Development Project

Equinor (EQNR) inks a 5-year strategic gas supply deal with OMV, in a bid for energy security that promises 12 TWh of natural gas supply for Europe.

Equinor (EQNR) Strengthens Its European Presence With Gas Deal

Norwegian energy group Equinor has signed a five-year agreement to supply gas to Austria's OMV as part of the latter's supply diversification strategy, the companies said on Wednesday.

Norway's Equinor signs 5-year gas supply deal with Austria's OMV

TechnipFMC

The U.K. on Wednesday granted approval to what is called the country's largest untapped oil field, a move that sent shares of one of its producers surging and triggered criticism by environmental campaigners.

U.K. approves development of largest untapped oil field

Chappal Energies emerges as a potential new buyer for Equinor's (EQNR) Agbami field stake sale in Nigeria, among other bids.

Equinor (EQNR) Prefers Chappal as Buyer for Agbami Stake Sale

The fields align with Equinor's (EQNR) strategy in a nation where it has a robust record. The company plans to bolster its presence in the nation.

News for Equinor Stock (EQNR)