EQNR's $940M Lackawanna deal expands its power-market exposure, adds cash-flow potential and links its gas portfolio to PJM demand.
Equinor's 22.2% monthly rally rests on rebounding earnings, higher output and trading strength, but richer valuation and weaker 2027 estimates raise the stakes.
Equinor's Q2 earnings miss estimates, but revenues rise 40% as higher prices, production growth and strong trading lift results.
Equinor ASA is downgraded to Hold as its valuation now reflects fair value after a 61% return since the initial Buy rating. Q2 2026 results were robust, with $7.68 billion in quarterly cash flow from operations and reaffirmed CapEx and production growth guidance. EQNR is executing portfolio adjustments, increasing buybacks, and maintaining a strong balance sheet, but still faces macro uncertainty worth considering.
The CEO of Europe's largest supplier of natural gas expects the region to fall short of its goal to fill gas storage sites to 80% of capacity before the winter, hampered by market tightness that has increased competition from buyers in Asia.
Second-quarter adjusted operating income jumped over 75% as the Norwegian energy major captured higher oil and gas prices triggered by the conflict in the Middle East.
Equinor on Wednesday reported a sharp rise in second-quarter profits, as expected, lifted by a surge in oil and gas prices as the war in the Middle East disrupted global energy supplies.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Equinor (EQNR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2026.
BP optimizes its upstream portfolio by selling the Bay du Nord stake, sharpening capital allocation while focusing on higher-value investments.
Equinor extends its key offshore helicopter services and secures drilling rigs to support long-term production growth on the Norwegian Continental Shelf.
EQNR expands its Troll-Fram position through a strategic asset swap, adding producing and development assets while advancing Peon.
Equinor exits Japan's offshore wind market, closing its Tokyo office as it refocuses on integrated power and oil and gas production.