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EQNR - Equinor: Gushing Cash
May, 04 2022 04:25 PM
Equinor ASA
Earnings of $5.18 billion beat $4.85 billion estimate that had already been raised. Quarterly free cash flow of close to $13 billion boosts net cash position. Gas supplied to Europe up 10%. Company is an essential entity for European energy needs. Added $1.33 billion to share repurchase program, still leaving the company with massive excess cash balances. For further details see:
Equinor: Gushing Cash
Stock Information
Company Name:
Equinor ASA
Stock Symbol:
EQNR
Market:
NYSE
Website:
equinor.com
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