EQNR Stock Recent News
EQNR LATEST HEADLINES
Equinor's (EQNR) Q1 earnings benefit from increased production across its segments. However, lower price of gas partially offset the positives.
The planned restart of Equinor's Hammerfest liquefied natural gas (LNG) plant, which was evacuated and shut earlier this week due to a gas leak, has been postponed until Saturday, transparency data showed on Friday.
The chief executive officer of Norway's Equinor, Anders Opedal, said the company is still producing gas at "extremely high level" and that it is "well positioned for future gas investments." Speaking on Bloomberg Television, Opedal also said he sees a slight upside risk to gas prices in the future.
Equinor on Thursday posted higher-than-expected profits for the first quarter and said this was driven by high production in its native Norway and strong operational performance.
Equinor's Hammerfest LNG plant in Arctic northern Norway was evacuated on Tuesday due to a gas leak that occurred during maintenance, the company said in a statement.
Equinor (EQNR) extends partnership with Soiltech for two years to provide innovative waste management solutions in the North Sea, thereby advancing sustainability.
Equinor has shown outperformance, rising 5% while the market has gone negative, indicating its potential value. Equinor has an AA credit rating and low long-term debt/leverage, making it an attractive investment. The company is accelerating its move into the renewable sector and has plans to increase its renewable capacity significantly. However, due to valuation, I view the company as a "HOLD".
EQT said on Monday it would sell 40% interest in its non-operated natural gas assets in northeast Pennsylvania to Equinor USA Onshore Properties for $500 million in cash and some assets.
Equinor's (EQNR) electrification efforts are reshaping the future of offshore energy, thereby reducing carbon emissions and paving the way for a greener tomorrow.
Equinor's (EQNR) alliance with DeepOcean is revolutionizing subsea repairs and powering the next wave of offshore innovation and renewable energy solutions.