Equinor Projects Lower Liquids & LNG Trading Results in Q1

Company Overview - Equinor ASA (EQNR) anticipates weak results in liquids and LNG trading for the first quarter of 2025, with nearly 100 million in costs related to carbon capture and storage (CCS) appraisal wells in its Marketing, Midstream & Processing segment [1] - The company reported that its Hammerfest LNG and Snøhvit facilities were shut down for 20 days during the quarter for maintenance, impacting overall performance [2] Price Estimates - EQNR estimates the average realized liquids price for its E&P Norway segment to be between 72.80 and 74.80 per barrel, while for E&P International, it is expected to be between 66 and $70 per barrel [2] - In the United States, EQNR expects to benefit from higher realized natural gas prices compared to the previous quarter, driven by a particularly cold winter [2] Industry Comparisons - Exxon Mobil Corporation has reported that higher oil and natural gas prices, along with increasing refining margins, are expected to positively influence its financial results for the first quarter [3] - EQNR currently holds a Zacks Rank of 3 (Hold), while competitors such as Archrock Inc. (Rank 1), Nine Energy Service (Rank 2), and Kinder Morgan, Inc. (Rank 2) are noted for their stronger positions in the energy sector [4]