Equinor ASA (EQNR) reported fourth-quarter 2023 adjusted earnings per share of 64 cents, which missed the Zacks Consensus Estimate of $1.08. The bottom line also declined from the year-ago quarter’s $1.84.Total quarterly revenues declined to $29,054 million from $34,321 million in the prior-year quarter. However, the top line beat the Zacks Consensus Estimate of $27,351 million.Weak quarterly earnings can be attributed to lower prices of liquids and gas in Norway.Segmental AnalysisExploration & Production N ...

Equinor ASA (NYSE:EQNR) Q4 2023 Earnings Conference Call February 7, 2024 7:30 AM ET Company Participants Bard Glad Pedersen - Senior Vice President of Investor Relations Anders Opedal - President and Chief Executive Officer Kjetil Hove - Executive Vice President of Exploration and Production Norway Hege Skryseth - Executive Vice President of Technology, Digital & Innovation Torgrim Reitan - Executive Vice President and Chief Financial Officer Irene Rummelhoff - Executive Vice President of Marketing, Midstr ...

2024 Update This presentation contains forward-looking statements concerning, inter alia, Equinor's business, financial condition, future prospects and results of operations that are based on current estimates, forecasts, and projections about the industries in which Equinor operates and the current expectations and assumptions of Equinor's management. Forward-looking statements include all statements other than statements of historical facts, including, among others, statements regarding future financial o ...

Equinor ASA ((OSE: EQNR, NYSE:EQNR) has on 7 February 2024 engaged a third party to conduct repurchases of the company's shares to be used in the share-based incentive plans for employees and management for the period from 15 February 2024 until 15 January 2025. Acquisition of shares under the buy-back programme from 15 February 2024 to 15 May 2024 is based upon the authorization from the annual general meeting on 10 May 2023, registered in the Norwegian register for business enterprises. According to the a ...

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. In this first tranche of the share buy-back programme for 2024, shares for up to USD 396 million will be purchased in the market, implying a total first tranche of up to USD 1.2 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 5 April 2024. Equinor an ...

Key information relating to the proposed cash dividends to be paid by Equinor ((OSE: EQNR, NYSE:EQNR) for fourth quarter 2023. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 14 May 2024 Ex-date: 15 May 2024 Record date: 16 May 2024 Payment date: 28 May 2024 Date of approval: the proposed cash dividends are subject to approval by the annual general meeting of Equinor ASA on 14 May 2024. Other information: The cash dividends per ...

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. The fourth quarter and full year were characterised by: Strong financial performance2.1% production growth in 2023Continued optimising of oil and gas portfolio, sanctioning projects for future growthGrowth in onshore renewables power production and portfolioCost focus and capital discipline ...

Equinor ASA (EQNR) and SLB (SLB) have achieved a milestone in autonomous drilling operations during a well section drilling offshore Brazil.The achievement is considered the most autonomous drilling operation to date, showcasing the successful integration of digital technologies.SLB’s digital technologies were used for surface automation and autonomous drilling, allowing 99% of a 2.6-kilometer section to be drilled in autonomous control. This led to a 60% increase in drilling speed over five wells, making w ...

Equinor ASA, (EQNR) the Norwegian state-owned energy giant, announced a swap transaction with BP plc (BP) , leading to Equinor's full ownership of the Empire Wind lease and projects in the United States.Per the terms of the agreement, Equinor will gain 100% ownership of Empire Offshore Wind Holdings LLC and BP's 50% share of the South Brooklyn Marine Terminal lease. In return, BP will take over Beacon Wind Holdings LLC and become the operator of the Beacon Wind projects. The transaction is designed to be ca ...

Equinor ASA, (EQNR) the Norwegian state-owned energy giant, awarded a two-year life cycle simulator project to Kongsberg Digital, a fellow Norwegian digital solutions provider, for a gas field located in the North Sea off the coast of Norway. The aim is to boost operational efficiency, enhance training programs and ensure the simulator-based engineering achieves the highest level of fidelity.The agreement with Equinor, valued at over NOK 25 million (almost $2.4 million), involves the reconstruction of the S ...