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flag Equinor's profit dropped 22% in Q4 2025 due to lower oil and gas prices, but it raised its dividend and plans cost cuts and share buybacks.

flag Equinor reported a 22% drop in fourth-quarter adjusted operating income to $6.2 billion, missing estimates, due to weaker oil and gas prices, with net profit falling to $1.31 billion. flag The company expects 3% oil and gas production growth in 2026, plans a 10% cut in operating costs, and will reduce organic capital spending by $4 billion through 2027. flag Despite lower profits, it will raise its quarterly dividend to $0.39 per share and repurchase up to $1.5 billion in shares.

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