Equinor ASA (DNQ.HM)
- 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.
- GlobeNewswire
Equinor to commence second tranche of the 2024 share buy-back programme
Equinor (OSE: EQNR, NYSE: EQNR) will after the annual general meeting 14 May 2024 commence the second tranche of up to USD 1.6 billion of the share buy-back programme for 2024, as announced in relation with the first quarter results 25 April 2024. Execution of share buy-back under this second tranche is subject to renewal of a board authorisation for share buy-back from the annual general meeting 14 May 2024 and agreement with the Norwegian State regarding share buy-back. In this second tranche
- GlobeNewswire
Equinor first quarter 2024 results
Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted operating income* of USD 7.53 billion and USD 2.57 billion after tax in the first quarter of 2024. Equinor reported net operating income of USD 7.63 billion and net income at USD 2.67 billion. Adjusted net income* was USD 2.84 billion, leading to adjusted earnings per share* of USD 0.96. Financial and operational performance Strong operational performance and productionSolid financial results and cash flowHigh results from marketing and trading
