EQNR News and Press, Equinor ASA From 08/30/22

Summary Revenues and others were $36.46 billion in 2Q'22, up from $17.46 billion in the same quarter a year ago and up slightly sequentially. The 2Q'22 production was 1,984K Boep/d, down from 1,987K Boep/d in the same period in 2021 and down 5.8% sequentially. Gas production was 1...

Clean energy hub in Ohio, Pennsylvania and West Virginia would generate new jobs, stimulate economic growth, and reduce carbon emissions United States Steel Corporation (NYSE: X) (“U. S. Steel”) Equinor US Holdings Inc (NYSE: EQNR) (“Equinor”), an...

Shell ( NYSE: SHEL ) said late Friday it has restarted the Mars and Amberjack pipelines in the Gulf of Mexico after completing repairs to the Fourchon booster station, and is ramping up production at its Mars, Ursa and Olympus fields. Shell ( SHEL ) shut the three ...

The Department of Energy said Thursday that nine companies will buy 20M barrels of oil in the latest sale from the U.S. Strategic Petroleum Reserve , part of the Biden administration's release of 1M bbl/day of crude oil for six months. The companies buying oil Thursday included ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips There are cheap stocks, and then there are penny stocks.  The former aren’t necessarily bad investments. The latter — defined as stocks trading at $5 or less — often turn out to be duds.  ...

Equinor has outperformed the S&P 500 since we last spoke about the company. The Norwegian energy giant is trading cheaply on a PE basis, and it has a very attractive FCF yield. The company remains in positive bubble territory and a correction is unlikely to happen in the near ...

Equinor ( NYSE: EQNR ) took a key step forward toward sanctioning its planned Rosebank project on Thursday, as it submitted plans to U.K. regulators for the development of the North Sea oilfield ahead of a final investment decision early next year. Equinor ( EQNR ) s...

The best companies in the world have a reputation for bringing new products and services to market to maintain their competitive edge in a changing economy. Massive industry-leading companies might be able to get away with a lack of innovation for a while, but over time, complacently often ...

US oil majors are having an enormously successful year and Q2 confirmed the industry’s exceptional profit windfall due to inflationary pressures in the energy market. Chevron Q2 profit was $11.6 billion, which is the company’s highest quarterly profit ever. Thus, it ...

Equinor's after-tax earnings of $5 billion reflect extremely healthy commodity pricing in Europe and the US, offset partially by higher electricity and CO2 costs. The company is upping buybacks by $1 billion to $6 billion for the year. Special dividends for Q2 and Q3 increased to ...