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 Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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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 has consistent share price weakness but has a strong dividend yield and generates massive cash flow, making it a valuable long-term investment. The company aims to achieve aggressive growth in both its current portfolio and in renewable energy, with a target of over $26 billion in post-tax cash flow from operations. Equinor plans to reduce emissions substantially but will still primarily be an oil and gas company by 2035.

Equinor Remains A Heavily Undervalued Opportunity

Equinor ASA's earnings were affected by lower natural gas prices in 2023, but still generated significant cash flow and dividends.

Equinor: 14% Yield, Near 52-Week Low (Rating Upgrade)

Norwegian energy firm Equinor , which is majority state-owned, should stick to a plan of growing its renewable energy portfolio despite recent headwinds, the country's prime minister said on Wednesday.

'Stick to your plan': Norway PM backs Equinor's green energy agenda

The shares in Equinor ASA (OSE: EQNR; NYSE: EQNR) will as from today be traded excluding the third quarter 2023 cash dividend as detailed below.

Equinor ASA: Ex dividend third quarter 2023 today

Equinor's (EQNR) Q4 earnings reflect the impacts of lower prices of liquids and gas in Norway.

Equinor (EQNR) Q4 Earnings Miss Estimates, Revenues Beat

Equinor ASA (EQNR) Q4 2023 Earnings Call Transcript

Correction: The below stock market announcement (SMA) is a correction of the SMA published on 7 February 2024. The reason for the correction is that the following sentence was missing towards the end of the release: "Updated outlook for 2024:"The attached pdf is correct.

Correction: Equinor fourth quarter and full year 2023 results

Equinor on Wednesday posted higher-than-expected profits for the final three months of 2023, but cut its overall shareholder payments and said production was expected to be unchanged in 2024.

Equinor Q4 operating profit beats forecast

Equinor (OSE: EQNR, NYSE: EQNR) will on 8 February 2024 commence the first tranche of up to USD 1.2 billion of the share buy-back programme for 2024, as announced at the Capital Market Update 7 February 2024.

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

Key information relating to the proposed cash dividends to be paid by Equinor (OSE: EQNR, NYSE: EQNR) for fourth quarter 2023.

Equinor ASA: Key information relating to proposed cash dividend for fourth quarter 2023

Equinor (OSE:EQNR, NYSE:EQNR) delivered adjusted earnings* of USD 8.68 billion and USD 1.88 billion after tax in the fourth quarter of 2023. Net operating income was USD 8.75 billion and net income was USD 2.61 billion.

Equinor fourth quarter and full year 2023 results

Equinor (EQNR), holding a 60% operating interest in the Peregrino heavy-oil field, collaborates with SLB to conduct a five-well program.

Equinor (EQNR), SLB Reach Milestone in Autonomous Drilling

Equinor (EQNR) secures full ownership of the Empire Wind lease in a swap deal with BP, reinforcing its commitment to U.S. offshore wind development. In return, BP takes over the Beacon Wind project.

Equinor (EQNR) Takes 100% Ownership in Empire Wind Swap With BP

Equinor (EQNR) and Kongsberg join forces in a 25M NOK two-year venture to enhance Sleipner's simulation capabilities in the North Sea gas field, off Norway.

Equinor (EQNR) Taps Kongsberg for NOK 25M Simulator Project

Orsted AS

New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices.

Equinor, Orsted bid for better contract in NY offshore wind auction

NEW YORK--(BUSINESS WIRE)--The Empire Wind 1 project has bid into New York's fourth offshore wind solicitation (NY4). Empire Wind 1 is ready to deliver reliable renewable power to more than half a million New York homes while helping achieve the state's 2035 climate targets and establishing New York as a leader in the offshore wind future. If awarded, Empire Wind 1 is expected to provide first power in 2026. Already several years into development, Empire Wind 1 will anchor the East Coast offsho.

Equinor Bids Shovel-Ready Empire Wind 1 into New York's Expedited Wind Solicitation

Norway's Equinor maintains an ambition to reach 12-16 gigawatts (GW) of installed renewable energy capacity by 2030, despite dropping out of some projects in New York, its renewables head told Reuters on Friday.

Equinor sticks to 2030 renewables targets after US wind reshuffle

Offshore wind developers submitted revised bids to supply power to New York state on Thursday to cope with soaring costs, with industry heavyweights Equinor and BP saying they would no longer develop projects together.

Offshore wind industry turns out for NY auction as BP and Equinor split

Equinor said on Thursday it has entered into a swap transaction with BP to take full ownership of Empire Wind lease and projects while the British energy company takes over Beacon Wind.

Equinor to take full ownership of Empire Wind through swap transaction with BP

Equinor (OSE: EQNR, NYSE: EQNR) has entered into a swap transaction with bp, under which Equinor will take full ownership of the Empire Wind lease and projects and bp will take full ownership of the Beacon Wind lease and projects.

Equinor to take full ownership in Empire Wind through a swap transaction with bp in the US

Equinor (EQNR) initiates operations for its first commercial battery storage asset in the U.K., signaling the company's entry into this sector.

Equinor (EQNR) Begins Operations at UK Blandford Road Asset

Equinor's (EQNR) Snohvit Future project takes a step forward with a contract worth NOK 1.5B, promising 200 person years of employment and a low-emission energy future.

Equinor (EQNR) Awards NOK 1.5B Contract to LNS for Snohvit Future

Correction: The below stock market announcement (SMA) is a correction of the SMA published on 18 January 2024. The reason for the correction is that the numbers of Equinor's own shares is stated as 6,191,269. The correct number is 59,221,062.

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

The licenses will provide fresh opportunities for Equinor (EQNR) and its partners to further develop the NCS as an essential energy region.

Equinor (EQNR) Receives New Production Licenses in Norway

Longboat Energy PLC (AIM:LBE) has expanded its offshore footprint, picking up acreage in Norway's 2023 licensing round. It was granted a 20% interest in Licence PL 1212 S, which hosts the Magnolia prospect, which is in an area that's been a focus for Longboat since 2021 – with the Kveikje discovery nearby.

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