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Equinor ASA, with a market cap over $65 billion, reported strong 2024 earnings, despite taxes and the Ørsted acquisition, showcasing substantial shareholder returns. For 2025, Equinor projects 4% production growth, $13 billion in organic capex, and robust shareholder returns through dividends and share buybacks. Long-term, Equinor targets 30-40% emissions reduction by 2035, net-zero by 2050, and significant investments in renewable energy, enhancing diversification.
Allocation of shares to certain primary insiders and their close associates in Equinor (OSE: EQNR, NYSE: EQNR) under Equinor's share savings plan.
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EQNR's Q4 earnings suffer due to lower production across all segments and weaker commodity prices.
Investors were hardly energetic about Norwegian energy company Equinor (EQNR -5.37%) on Wednesday. They traded out of the stock to the point where it lost more than 5% of its value.
Equinor ASA (NYSE:EQNR ) Q4 2024 Earnings Conference Call February 5, 2024 4:00 AM ET Company Participants Bård Glad Pedersen - SVP, IR Jannicke Nilsson - EVP, Safety, Security & Sustainability Torgrim Reitan - EVP and CFO Anders Opedal - President and CEO Irene Rummelhoff - EVP, MMP Conference Call Participants Martijn Rats - Morgan Stanley Biraj Borkhataria - RBC Teodor Sveen Nilsen - SpareBank 1 Markets Lydia Rainforth - Barclays Yoann Charenton - Bernstein John Olaisen - ABG Michele della Vigna - Goldman Sachs Peter Low - Redburn Henri Patricot - UBS Chris Kuplent - Bank of America Bård Glad Pedersen Good morning all. It's a pleasure to welcome you to the Equinor's Capital Market Update and Presentation for 2024.
Norway's Equinor is reducing its ambitions for developing renewable energy capacity by 2030, it said on Wednesday, the latest move by a European energy company to cut green targets as the market for renewables sours.
Equinor ASA (OSE: EQNR, NYSE: EQNR) has on 5 February 2025 engaged a third party to conduct repurchases of the company's shares to be used in the share-based incentive plans for employees and management for the period from 14 February 2025 until 15 January 2026.
Equinor (OSE: EQNR, NYSE: EQNR) will on 6 February 2025 commence the first tranche of up to USD 1.2 billion of the share buy-back programme for 2025, as announced at the Capital Market Update 5 February 2025.
Key information relating to the proposed cash dividend to be paid by Equinor (OSE: EQNR, NYSE: EQNR) for fourth quarter 2024. Cash dividend amount: 0.37 Announced currency: USD Last day including rights: 14 May 2025 Ex-date Oslo Børs: 15 May 2025 Ex-date New York Stock Exchange: 16 May 2025 Record date: 16 May 2025 Payment date: 28 May 2025 Date of approval: the proposed cash dividend is subject to approval by the annual general meeting of Equinor ASA on 14 May 2025.