|Bid||26.28 x 1400|
|Ask||26.60 x 3100|
|Day's range||26.41 - 26.82|
|52-week range||26.28 - 42.53|
|Beta (5Y monthly)||0.51|
|PE ratio (TTM)||2.94|
|Forward dividend & yield||1.20 (4.52%)|
|Ex-dividend date||11 May 2023|
|1y target est||37.47|
Norway's Equinor said it shut production at the Statfjord A oil and gas platform in the North Sea on Thursday due to a gas leakage. Equinor had detected a leakage of hydrogen sulfide gas in one of the platform shafts, a spokesperson told Reuters in a text message. In 2022, the Statfjord field's average output was about 26,900 barrels of oil equivalent per day (boepd) of oil and gas, according to data from the Norwegian Petroleum Directorate.
Equinor (EQNR) and Johan Sverdrup field partners, following a capacity test, verify an oil production increase for the North Sea field of up to 755,000 barrels per day.
Equinor (EQNR) fails to see a way ahead to deliver on its original plan of having an operational wind farm well before 2030.
Equinor (EQNR), ExxonMobil and Shell enter into an agreement with the government of Tanzania to build a multi-billion dollar LNG export facility. The final investment decision for the same is yet to be taken.
TechnipFMC (FTI) secures a major contract from Equinor for Riserless Light Well Intervention services, boosting production efficiency on the Norwegian Continental Shelf.
Please see below information about transactions made under the share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR). Date on which the second tranche of the share buy-back programme for 2023 was announced: 4 May 2023. The duration of the second tranche of the buy-back programme for 2023: 11 May to no later than 25 July 2023. Size of the buy-back programme: Up to 94,000,000 shares, with a maximum total consideration for the second tranche: USD 550,000,000. From 16 May to 19 May, Equinor
Today's Research Daily features new research reports on 16 major stocks, including Oracle Corporation (ORCL), NIKE, Inc. (NKE) and Starbucks Corporation (SBUX).
Equinor (OSE: EQNR, NYSE: EQNR) announced on 8 February 2023 an ordinary dividend per share of USD 0.30 and an extraordinary dividend per share of USD 0.60 for fourth quarter 2022. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 12 May 2023, in total seven business days. Average Norges Bank fixing rate for this period was 10.6392. Total cash dividend for fourth quarter 2022 of USD 0.90 per share is c
Allocation of shares to certain primary insiders and their close associates in Equinor (OSE: EQNR, NYSE: EQNR) under Equinor’s share saving plan and long-term incentive programme. Certain primary insiders, and their close associates, participating in Equinor’s share saving plan, have on 19 May 2023 been allocated shares. Further, certain primary insiders participating in Equinor’s long term incentive programme, have on 19 May 2023 been allocated shares at a share price of NOK 300.94 per share in
Please see below information about transactions made under the buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR) for shares to be used in the share-based incentive programmes for employees and management. Date on which the buy-back programme was announced: 8 February 2023. The duration of the buy-back programme: 15 February 2023 to 15 January 2024. Size of the buy-back programme: The total purchase amount under the programme is NOK 1,535,150,000 and the maximum shares to be acquired is 20
Higher daily production of liquids and gas aids Equinor's (EQNR) Q1 results.
On 10 May 2023, the annual general meeting in Equinor ASA (OSE: EQNR, NYSE: EQNR) approved the annual report and accounts for Equinor ASA and the Equinor group for 2022, as proposed by the board of directors. An ordinary dividend of US dollar ("USD") 0.30 per share and an extraordinary dividend of USD 0.60 will be distributed for the fourth quarter of 2022. The fourth quarter 2022 dividend accrues to the shareholders as registered in Equinor's shareholder register with the Norwegian Central Secu
The Norwegian company is waiting for UK Government approval to begin extracting up to 500 million barrels of oil from the North Atlantic.
Equinor's Hammerfest LNG plant in Arctic Norway suffered a compressor failure on Thursday and is expected to remain offline until May 19, Norwegian gas system company Gassco said in a regulatory note on Friday. The outage was caused by a technical problem with a heat exchanger that occurred during a restart of the plant following a one-day maintenance outage, an Equinor spokesperson said. Hammerfest LNG, also known as Melkoeya, has capacity to deliver about 6.5 billion cubic metres (bcm) of gas per year, enough to cover energy demand for about 6.5 million European homes, or 5% of all Norwegian gas exports, Equinor has said.
The risk of price spikes lingers on the European gas market, depending largely on weather during the peak demand heating season later this year and liquefied natural gas (LNG) supplies, the head of Norway's Equinor said on Thursday. Plentiful supply, reduced demand helped by mild weather and high storage levels have lowered gas prices since records hit last year following disruption linked to Russia's invasion of Ukraine. Equinor, which has become Europe's gas supplier following the reduction in Russian imports, on Thursday reported first-quarter earnings that beat analyst expectations but fell from last year's record earnings that were driven by the surge in prices.
Energy giants Shell and Equinor reported higher-than-expected first-quarter profits on Thursday, using the heft of their trading desks to offset lower oil and gas prices. Shell's shares were up around 2.1% in early trading and Equinor shares rose around 2.7%, outperforming a European index of oil and gas companies which was up around 1%. Equinor, which has taken pole position to replace Russian gas and oil exports, said its average gas sales price to Europe had declined by 37% year-on-year in the first quarter while the price of oil was down by 24%.
Norway's Equinor beat first-quarter profit expectations on Thursday, driven by strong results in energy trading, although earnings were below last year's record amid a sharp fall in natural gas prices. The oil and gas producer said adjusted profit before interest and tax for January-March fell to $12 billion from $18 billion a year earlier, but exceeded the $11.2 billion predicted in a poll of 26 analysts compiled by Equinor. Shares in Equinor rose 3.1% by 1049 GMT, outperforming a European index of oil and gas companies which was up around 0.7%.
Equinor (OSE: EQNR, NYSE: EQNR) will after the Annual General Meeting 10 May 2023 commence the second tranche of the share buy-back programme for 2023 of around USD 1.67 billion, as announced in relation with the first quarter results on 4 May 2023. Execution of share buy-back from May 2023 and until April 2024 is subject to renewal of an authorisation from the annual general meeting 10 May 2023 to the Board of Directors. The second tranche of the share buy-back programme for 2023 of around USD
Key information relating to the cash dividend and extraordinary cash dividend to be paid by Equinor (OSE: EQNR, NYSE: EQNR) for first quarter 2023. Cash dividend amount: 0.30 Extraordinary cash dividend: 0.60 Declared currency: USD Last day including rights: 11 August 2023 Ex-date: 14 August 2023 Record date: 15 August 2023 Payment date: 25 August 2023 Other information: Cash dividend and extraordinary dividend per share in NOK will be communicated 21 August 2023. This information is published i
Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted earnings* of USD 12.0 billion and USD 3.51 billion after tax in the first quarter of 2023. Net operating income was USD 12.5 billion, and net income was USD 4.97 billion. The first quarter was characterised by: Strong earnings and cash flow across the businessSolid operational performance and production growth– Continued high gas production from NCS to EuropeHigh value creation from marketing and tradingMaintaining cost and capital disciplineOrd
Energy giants BP and Equinor have demanded Britain’s biggest freeport guarantee that it is not corrupt following a Labour “smear” campaign.
Favorable commodity prices and production are likely to have aided Equinor's (EQNR) Q1 earnings.
In the latest trading session, Equinor (EQNR) closed at $28.92, marking a +1.69% move from the previous day.
After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. Rising costs and supply chain bottlenecks have hit some projects and without investment in infrastructure to launch the vast turbines and tow them to sea, hopes of harnessing the full power of the ocean's winds to hit climate targets could be dashed, industry experts say. "If the next decade is to see the adoption of floating offshore wind, and its growth into a leading market, the work that we do in 2023 will dictate just how successful this is," said Felipe Cornago, commercial director offshore wind at BayWa, which is developing a wind farm off Scotland.
Equinor (EQNR) closed at $29.06 in the latest trading session, marking a -0.89% move from the prior day.