Equinor ASA (EQNR) Q4 2025 Earnings Call Transcript
EQNR sells its onshore Vaca Muerta assets to Vista Energy for $1.1B, strengthening cash flow while retaining offshore exposure in Argentina.
Equinor's fourth-quarter earnings slid as weaker oil and gas prices bite, with the company targeting a 10% reduction in operating costs this year and paring back capital expenditure.
Equinor reported a decline in fourth-quarter profits on Wednesday from the same period last year as oil and gas prices fell, but still outperformed analysts' expectations for the period.
EQNR to report 4Q25 results on Feb. 4, with lower crude prices and the Peregrino divestment likely weighing on revenues and EPS expectations.
Oil Price Volatility Is Our Base Case In A Visibly Surplus Market
Equinor is set to restart Empire Wind after a court injunction, as a judge warns that delays could cause irreversible damage to the offshore New York project.
Equinor ASA is rated Buy, given its strategic importance for Europe's oil and gas sector amid macro tensions and rising uncertainty. EQNR expects 2025 oil and gas production to grow 4%, with a robust capital distribution framework targeting ~$9 billion in payouts, for a 14.75% dividend and buyback yield. High CAPEX will persist as EQNR plans to drill 250 wells by 2035 to maintain production, supporting long-term stability but increasing investment risk.
A federal judge will rule on whether Norwegian offshore wind developer Equinor can resume work on its New York Empire Wind project at a hearing on Thursday, according to a court communication.
Equinor ASA wins 35 new production licenses across the NCS for acreage in North Sea, Norwegian Sea and Barents to expand oil & gas exploration and production.
Norway's Equinor aims to settle the technical plans this year for developing the Wisting undersea oil discovery in the Arctic after significantly reducing its costs, a senior company executive told Reuters on Tuesday.
EQNR gives a NOK 100B deal to 7 suppliers, backing upgrade of its onshore installations and offshore plants, and targets a daily output of 1.2M barrels by '35.