STOHF - Equinor ASA (EQNR) Q1 2024 Earnings Call Transcript
2024-04-25 09:40:26 ET
Equinor ASA (EQNR)
Q1 2024 Earnings Conference Call
April 25, 2024, 05:30 AM ET
Company Participants
Bard Pedersen - SVP of IR
Torgrim Reitan - CFO
Conference Call Participants
Biraj Borkhataria - RBC Capital Markets
Teodor Sveen-Nilsen - Sparebank 1 Market
Martijn Rats - Morgan Stanley
Michele Della Vigna - Goldman Sachs
Kim Fustier - HSBC
Yoann Charenton - Bernstein
Paul Redman - BNP Paribas
Henri Patricot - UBS
Jason Gabelman - TD Cowen
Peter Low - Redburn
Chris Kuplent - Bank of America Merrill Lynch
Nash Cui - Barclays
Presentation
Operator
Ladies and gentlemen, thank you for standing by. Welcome, everyone, to the Equinor Analyst Call for Q1. At this time, all lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.
I would now like to hand the call over to Mr. Bard Glad Pedersen, Senior Vice President and Head of Investor Relations. You may begin your conference.
Bard Pedersen
Thank you, operator, and good morning to you all. My name is Bard Glad Pedersen, and I'm heading up Investor Relations in Equinor. As usual, I'm here together with Torgrim Reitan, our CFO. Torgrim will take you through our results first before we open for the Q&A, and we will keep this within one hour.
So with that, I hand it to you, Torgrim.
Torgrim Reitan
Okay, so thank you very much, Bard, and good morning. And thank you all for joining us. I hope you all are doing well and are being well since we last met in February.
So let's dive straight into the results. Today, we delivered solid financial results driven by strong operational performance and production in a quarter with increasing liquids prices, but lower gas prices than we saw last year. The solid results are also supported by MMP coming in above the guided range.
From this quarter, we have introduced adjusted net income and adjusted earnings per share as new performance measures....
Equinor ASA (EQNR) Q1 2024 Earnings Call Transcript