Equinor ASA (DNQ.HA)
| Previous Close | 25.39 |
| Open | 25.10 |
| Bid | 25.05 x 0 |
| Ask | 25.42 x 0 |
| Day's Range | 25.10 - 25.10 |
| 52 Week Range | 22.70 - 32.80 |
| Volume | |
| Avg. Volume | 82 |
| Market Cap | N/A |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Reuters
Equinor seeks to revive costly Norway, Canada oil prospects
Equinor has signed a long-term deal with engineering companies to help drive down the cost of developing two offshore oil discoveries that were previously postponed, the Norwegian energy group said on Thursday. The agreement with the Subsea Integration Alliance, an oilfield services group comprising Subsea7 and OneSubsea, could help revive plans to develop Norway's Wisting field and Canada's Bay du Nord, potentially unlocking around one billion barrels of oil. "Selecting the supplier at this early stage is a new way of approaching project development for us," Equinor project development head Trond Bokn said in a joint statement with Subsea7.
- Reuters
Equinor first-quarter profit down 37% on lower gas prices
OSLO (Reuters) -Equinor posted a sharp fall in first-quarter profit on Thursday, hit by tumbling natural gas prices in Europe, though strong energy trading and rising output limited the decline. The Norwegian oil and gas producer's adjusted earnings before tax for January-March fell almost 37% to $7.53 billion but beat the $7.2 billion forecast in a poll of 22 analysts compiled by Equinor. "Production on the Norwegian continental shelf was high,and the international portfolio contributed with solid production growth," Equinor CEO Anders Opedal said in a statement.
- Reuters
Equinor trims cash payouts, share price drops 7%
Equinor said on Wednesday it would cut its overall cash returns to shareholders this year by $3 billion, sending its shares down 7% even after it posted a slightly smaller-than-expected drop in operating profit for the final quarter of 2023. By contrast, rivals including BP, Chevron and Shell have announced plans to increase dividends or share buybacks after reporting fourth-quarter profits that beat forecasts. The Norwegian oil and gas producer's adjusted earnings before tax for October-December fell to $8.68 billion from $17.0 billion a year earlier amid lower energy prices, but beat the $8.46 billion seen in a poll of 26 analysts compiled by Equinor.
