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EQNR News and Press, Equinor ASA From 07/26/23

Stock Information

Company Name: Equinor ASA
Stock Symbol: EQNR
Market: NYSE
Website: equinor.com

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EQNR - Equinor GAAP EPS of $0.60, revenue of $22.87B misses by $1.89B; reaffirms FY23 guidance

2023-07-26 01:44:19 ET Equinor press release ( NYSE: EQNR ): Q2 GAAP EPS of $0.60. Revenue of $22.87B (-37.3% Y/Y) misses by $1.89B . Equinor delivered adjusted earnings of $7.54 billion and $2.25 billion after tax in the second quarter of 2023. Net operating i...

EQNR - Equinor Q2 2023 Earnings Preview

2023-07-25 11:16:50 ET Equinor ( NYSE: EQNR ) is scheduled to announce Q2 earnings results on Wednesday, July 26th, before market open. The consensus EPS Estimate is $0.94 (-55.5% Y/Y) and the consensus Revenue Estimate is $24.76B (-32.1% Y/Y). Over the last 1 year, EQ...

EQNR - ENOR: Norwegian Stocks Are Unbelievably Undervalued

2023-07-21 14:08:42 ET Summary Norwegian stocks are extremely undervalued, offering an 8% dividend yield and trading at a PE ratio of around 6x, making them a great investment opportunity. The Norwegian krone is also undervalued by 35% in purchasing power parity terms, despite the...

EQNR - Equinor to buy Brazil renewable energy producer Rio Energy

2023-07-21 10:35:27 ET Equinor ( NYSE: EQNR ) said Friday it agreed to acquire Brazilian onshore renewable energy producer Rio Energy from Denham Capital; financial terms were not disclosed. After the carve out of certain assets by the U.S. P-E firm, Equinor ( EQNR ) sai...

EQNR - Transocean adds $1.2B to backlog after six new Q2 rig deals

2023-07-20 12:56:33 ET Transocean ( NYSE: RIG ) -0.4% in Thursday's trading despite reporting new contracts and extensions for six rigs in its fleet, lifting its total contract backlog to $9.2B, according to its latest quarterly fleet status report . The company said agg...

EQNR - Crude oil extends gains as global demand seen rising to record highs this year

2023-07-13 18:45:03 ET Crude oil prices continued their recent bounce Thursday, rising for a third straight session to settle at their best levels since late April, supported by production cuts from Saudi Arabia and Russia, a weaker U.S. dollar, and expectations for record global oil demand...

EQNR - Baker Hughes wins 'significant' gas technology contract for work offshore Brazil

2023-07-05 08:21:56 ET Baker Hughes ( NASDAQ: BKR ) said Wednesday it was awarded a "significant" order by MODEC to supply gas technology equipment for Equinor's ( EQNR ) BM-C-33 project in the Brazilian pre-salt Campos area. Baker Hughes ( BKR ) said the order inclu...

EQNR - Transocean: Total Backlog Likely To Be Down Sequentially Despite Impressive Contract Win

2023-07-04 15:35:09 ET Summary Last week, Transocean reported an impressive contract win for the harsh-environment semi-submersible rig Transocean Equinox. Including mobilization and demobilization fees, the rig's dayrate should be well above $500,000, a number not witnessed for a...

EQNR - Cheniere Energy's Stock Is Too Cheap To Ignore

2023-06-30 15:03:44 ET Summary Cheniere Energy, Inc. stock has declined amid low natural gas prices. Its long-term cash generating potential and growth prospects are unchanged. With more than 40% upside to our valuation this year, Cheniere shares are an attractive Buy. ...

EQNR - Equinor wins government OK for Norwegian Sea oil and gas fields

2023-06-28 07:47:12 ET Equinor ( NYSE: EQNR ) said Wednesday that Norwegian authorities approved its plans for development and operation of the Irpa and Verdande fields and Andvare production well in the Norwegian Sea. The company said the Irpa gas field will be connected to...

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