EQNR Awards New IMR Contract Supporting Sustainable Subsea Operations
Equinor's new contract with DeepOcean shall set a new industry standard for sustainable IMR operations. The contract has a duration of eight years.
Reasons to Retain Equinor Stock in Your Portfolio for Now
EQNR's ambitious expansion into renewables positions it as a leader in the energy transition. Its focus on oil and gas operations underscores its commitment to energy security.
Norway's Equinor cuts 20% of staff at renewables unit
Norway's Equinor is trimming 20% of the staff from its renewable energy division and will compete for a smaller number of new projects as it streamlines the business unit, the company told Reuters on Thursday.
Equinor: Adding And Buying On An Attractive Thesis
Equinor's strong fundamentals, state ownership, and strategic moves in renewables make it a solid medium to long-term investment with a target price of 300 NOK/share. The company's dominance in the Norwegian Continental Shelf, cost reductions, and new discoveries ensure high-margin, low-cost crude production with significant upside. Equinor's shift towards renewables, including a stake in Orsted and projects like "Northern Lights," positions it well for future growth despite short-term yield adjustments.
Meet the Ultra-High-Yield Value Stock That's Going to End Up Returning $14 Billion to Shareholders in 2024
Equinor is on track to return a staggering $44.7 billion to shareholders in just three years.
Equinor Plans to Cut Back on Renewables, Adjusts 2024 Capex Outlook
EQNR's acquisition of a stake in Orsted offers a cost-effective opportunity for the company to participate in offshore wind projects without having to develop them.
Equinor: A Reliable Double-Digit Yield Is Tough To Find In This Market
Equinor ASA's strong cash flow, low P/E ratio, and net cash position make it a valuable investment opportunity with a double-digit dividend yield. The company's equity production remains robust despite weak prices, with significant growth expected from new projects like Johan Castberg and Dogger Bank A. Despite substantial tax obligations, Equinor generates hefty cash flow, enabling continued shareholder returns and heavy investments in renewables.
Equinor says gas delivery remains unaffected by Sleipner fields incidents
Norway's Equinor continues to meet its gas supply commitments to Europe following two recent security incidents at its Sleipner field in the North Sea, the company said on Friday.
Equinor ASA (EQNR) Q3 2024 Earnings Call Transcript
Equinor ASA (NYSE:EQNR ) Q3 2024 Earnings Conference Call October 24, 2024 3:00 AM ET Company Participants Torgrim Reitan - Executive Vice President, Chief Financial Officer Bard Glad Pedersen - Senior Vice President of Investor Relations Conference Call Participants Biraj Borkhataria - RBC Teodor Sveen Nilsen - SpareBank 1 Markets Martijn Rats - Morgan Stanley Henri Patricot - UBS Alastair Syme - Citi Alejandro Vigil - Santander Yoann Charenton - Bernstein Lydia Rainforth - Barclays Giacomo Romeo - Jefferies Michele della Vigna - Goldman Sachs Kim Fustier - HSBC Matt Lofting - JPMorgan Anders Rosenlund - SEB Peter Low - Redburn Operator Good day and welcome to the Equinor Analysts Call Q3 Conference Call. All lines have been placed on mute to prevent any background noise.
Equinor Q3 Earnings Surpass Estimates, Revenues Decline Y/Y
Robust liquid and gas production due to the ramp-up of new fields, and a reduction in unplanned losses aid EQNR's earnings in Q3.
Equinor sees upward gas price pressure, lower storages next year
European gas prices are still subject to upward pressure due to rising demand in Asia and concerns over future supply of Russian and liquefied natural gas (LNG), the CEO of Norwegian oil and gas producer Equinor said on Thursday.
Output from Norway's largest oilfield to begin decline in 2025, Equinor says
Norway's largest oilfield Johan Sverdrup is expected to come off its production plateau early next year, operator Equinor said on Thursday.
