Equinor ASA

EQNR: XOSL (NOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	NOK 439.00	Xczt	Qsrtklcg

Equinor Boosts Shareholder Returns on Back of Soaring Earnings; Strong Conditions Likely to Continue

Allen Good

Jul 27, 2022

Equinor's quarterly adjusted earnings soared to $17.6 billion before tax and $5.0 billion after tax, compared with $4.6 billion and $1.6 billion, respectively, the year before thanks to higher oil and gas prices. Equinor posted operating cash flow, excluding working capital and taxes, of $18.1 billion during the quarter compared with $6.5 billion in 2021. Capital expenditures fell slightly to $1.7 billion.

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