Equinor ASA

EQNR: XOSL (NOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	NOK 721.00	Wbc	Wfghnwprz

Equinor's Earnings Increase Further in Q3; Strong Outlook Underpins Another Increase in Returns

Allen Good

Oct 28, 2022

Equinor's quarterly adjusted earnings increased to $24.3 billion before tax and $6.7 billion aftertax, compared with $9.8 billion and $2.8 billion, respectively the year before due to higher oil and gas prices. Equinor posted operating cash flow, excluding working capital and taxes, of $24.5 billion during the quarter compared with $10.8 billion in 2021. Capital expenditures increased slightly to $2.1 billion.

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