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flag Equinor's Q3 profit dropped 10% due to lower oil prices and a major impairment, despite higher production and strong shareholder returns.

flag Equinor reported a 10% drop in third-quarter adjusted operating income to $6.21 billion, slightly below analyst expectations, due to lower oil prices and a $754 million impairment from revised long-term price forecasts. flag Despite a 7% year-over-year production increase to 2.13 million barrels of oil equivalent per day, driven by strong performance in Norway and new Brazilian field output, net income fell nearly 60%. flag The company maintained its full-year production and capital spending guidance, declared a $0.37 quarterly dividend, and launched the final phase of its $5 billion share buyback program, distributing nearly $9 billion to shareholders in 2025.

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