Equinor ASA

EQNR: XOSL (NOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	NOK 959.00	Wgtl	Gzgbtnjz

Equinor Earnings: Steady Payouts to Shareholders Continue

Allen Good

Oct 27, 2023

Equinor’s third-quarter adjusted earnings decreased to $8.0 billion before tax and $2.7 billion after tax, compared with $24.5 billion and $7.2 billion last year, respectively, because of oil and natural gas prices falling from extraordinary levels in 2022. Operating cash flow, excluding working capital and taxes, was $11.3 billion during the quarter compared with $24.5 billion in 2022. Capital expenditure totaled $2.6 billion and is still expected to be $10 billion-$11 billion for the full year.

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