- Equinor saw its performance negatively impacted by the low oil price environment.
- The company managed to produce production growth YOY, which was largely expected.
- This production growth is likely to continue going forward and this will help offset some of the impact from the lower energy prices.
- The firm's renewable energy segment swung to a profit, which was very nice given the struggles with its traditional business.
- Equinor generated a sizable amount of free cash flow, allowing it to be one of the few oil companies that managed to actually increase its dividend this year.
For further details see:
Equinor: Continuing To Show That It Is A Cash Flow Machine