EQNR News and Press, Equinor ASA From 04/03/23

2023-04-03 09:51:30 ET KBR ( NYSE: KBR ) said Monday it received a letter of intent from Equinor ( EQNR ) for the front-end engineering design of the topside facilities of the new Bay Du Nord floating production, storage, and offloading facility to be located offshore Ne...

2023-03-30 15:53:42 ET Equinor ( NYSE: EQNR ) +1.1% in Thursday's trading as Deutsche Bank upgraded the stock to Buy from Hold after falling 25% during the past year and lagging other European oil names. Equinor ( EQNR ) has less EPS sensitivity to oil prices than mo...

2023-03-28 21:34:53 ET Summary Company secures eagerly-awaited follow-on work with Equinor for two of its so-called Category D ("CAT-D") rigs at respectable terms. Total firm backlog addition amounts to $382 million. Both rigs will be upgraded at the expense of Equinor. While ...

2023-03-28 14:24:55 ET Transocean ( NYSE: RIG ) +6% in Tuesday's trading after Equinor ( EQNR ) awarded new contracts for two of the company's harsh environment semisub drilling rigs offshore Norway. The Transocean Encourage , for use mainly in the Norwegian ...

2023-03-28 10:55:59 ET Investors are raising pressure on Equinor ( NYSE: EQNR ) to cut its carbon emissions more quickly by holding the first direct talks with Norway's government, Reuters reported Tuesday. The group of investors, which manage or advise on more than $2T in a...

2023-03-27 06:46:31 ET Summary Equinor's revenues and others were $34.32 billion in Q4'22, up from $32.61 billion in the same quarter a year ago and down 21.3% sequentially. Equinor had an outstanding year in 2022 but is now facing tough headwinds, with commodity prices retreating...

2023-03-20 08:57:59 ET Equinor ( NYSE: EQNR ) said Monday it agreed to sell a 28% interest in its North Sea production license for the Statfjord oil and gas field to Okea ASA for an initial $220M, plus a contingent payment based on oil and gas prices over a three-year period...

2023-03-19 09:15:00 ET Summary Management increased the regular quarterly dividend by 50% for Q1 '23. Management also proposed a special $.60 dividend for Q1-3 2023 - that puts EQNR's yield over 13%. Total dividends and buybacks will rise 25% in 2023. EQNR's net debt/EBITD...

2023-03-17 14:24:28 ET Wall Street’s attention has turned away from corporate earnings and has been understandably drawn to uncertainty in the financial industry and the Federal Reserve’s upcoming decision. Still, earnings chug along into the penultimate week of March, wit...

2023-03-10 09:30:00 ET Summary After a significant downtrend, oil seems to be bottoming out. Both companies (XOM and CVX) have a proven track records of consistent dividend growth. In addition, share buybacks could put a stable support under the share prices of both stocks. Bo...