EQNR News and Press, Equinor ASA From 05/17/22

Equinor (NYSE:EQNR) and partner Exxon Mobil (NYSE:XOM) have taken the first steps to expand the $8B Bacalhau oilfield off Brazil's coast, Reuters reported on Tuesday. The companies want to boost future production from Bacalhau, Equinor's (EQNR) largest project outside of Norway, and are consi...

Equinor’s 2016 decision to align shareholder interests with those of management has turned the company’s fortunes around. Since 2016, revenue, profits, free cash flow, and return on invested capital are all up. Equinor’s stock has been in a positive bubble sin...

European natural gas prices rallied as much as 14% Thursday, after Gazprom (OTCPK:OGZPY) announced it would no longer export gas through Poland via the Yamal pipeline (EQNR) (SHEL). The announcement comes after Moscow prohibited dealings with former Gazprom (OTCPK:OGZPY) subsidiaries which ha...

From 12 May 2022, the shares in Equinor (OSE: EQNR; NYSE: EQNR) will be traded ex dividend USD 0.40 (ordinary dividend of USD 0.20 and extraordinary dividend of USD 0.20). This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities T...

Equinor (NYSE:EQNR) shareholders approved the company's energy transition plan on Wednesday and rejected proposals for tougher emission cuts, including absolute reduction of Scope 3 emissions. In the short term, absolute emission targets could only be reached by selling or shutting down profi...

On 11 May 2022, the annual general meeting in Equinor ASA (OSE: EQNR, NYSE: EQNR) approved the annual report and accounts for Equinor ASA and the Equinor group for 2021, as proposed by the board of directors. The fourth quarter 2021 dividend accrues to the shareholders as registered...

Legacy oil companies need to consider their long-term prospects and some companies appear substantially more progressive than others. Total and BP are currently equipped with the most trustworthy business plans carrying them into a greener future. Companies not embarking in due ti...

Equinor (NYSE:EQNR) said on Tuesday it agreed to sell its 7.6% stake in Norway's giant Ekofisk field and a 19% stake in the Martin Linge field to Sval Energi for $1B plus contingent payments linked to realized oil and gas prices for 2022-23. Equinor (EQNR) said it will no longer have any owne...

Equinor (NYSE:EQNR) is downgraded to Sector Perform from Outperform at RBC Capital, saying the company's balance sheet superiority likely will narrow as peers rapidly reduce their debts. Equinor's (EQNR) stock "has outperformed the peer group materially over the last year as the surge ac...

The major offshore driller reported roughly in-line earnings and also announced a $200 million contract addition. The management said the day rates can get close to $400,000. Offshore recovery has started to take shape even though the process is not very quick. It is likely th...