EQUINOR (EQNR) Company Report

Equinor ASA announced an update on its share buy-back programme for employee and management share-based incentive programs, which is scheduled to run from February 14, 2025, to January 15, 2026.
The total purchase amount under the program is NOK 1,992,000,000, with a maximum of 19,080,000 shares to be acquired.
On December 10, 2025, Equinor ASA purchased 747,336 own shares at the Oslo Stock Exchange at an average price of NOK 232.8268 per share.
Total buy-backs under the program, including previously disclosed amounts, accumulated to 7,330,562 shares with a total transaction value of NOK 1,817,998,910.
Following these transactions, Equinor ASA owns a total of 53,066,260 own shares, corresponding to 2.08% of its share capital.

18 hours ago

6-K

Equinor ASA Announces Cash Dividend for Second Quarter 2025

EQNR

Dividends

Equinor ASA announced a cash dividend of USD 0.37 per share for the second quarter 2025.
The NOK cash dividend per share is NOK 3.7324, based on an average USDNOK fixing rate of 10.0875.
The cash dividend is scheduled to be paid on November 26, 2025, to shareholders on Oslo Børs and holders of American Depositary Receipts (ADRs) on the New York Stock Exchange.

Nov 20, 2025, 11:05 AM

6-K

Equinor ASA issues $1.5 billion in fixed-rate notes

EQNR

Debt Issuance

Equinor ASA issued a total of $1,500,000,000 in new fixed-rate notes on November 14, 2025.
The issuance includes $250,000,000 of 4.250% Fixed Rate Notes due 2028, $250,000,000 of 4.500% Fixed Rate Notes due 2030, and $1,000,000,000 of 4.750% Fixed Rate Notes due 2035.
The 2028 Notes and 2030 Notes are further issuances of existing series, bringing their total outstanding principal amounts to $800,000,000 and $650,000,000, respectively. All notes are guaranteed by Equinor Energy AS.

Nov 14, 2025, 9:03 PM

6-K

Equinor ASA executes $1.5 billion debt capital market transactions

EQNR

Debt Issuance

Equinor ASA executed debt capital market transactions on November 6, 2025, issuing a total of $1.5 billion in new notes.
The issuance includes $250 million in 4.25% Notes due June 2, 2028, $250 million in 4.50% Notes due September 3, 2030, and $1 billion in 4.75% Notes due November 14, 2035.
The net proceeds from these notes will be used for general corporate purposes, which may include the repayment or purchase of existing debt, and are intended to increase the company's financial flexibility.
The offering is scheduled to close on November 14, 2025.

Nov 6, 2025, 11:15 PM

6-K

Equinor Reports Q3 2025 Results

EQNR

Earnings

Dividends

Share Buyback

Equinor reported an adjusted operating income of USD 6.21 billion and a net loss of USD 0.20 billion for the third quarter of 2025, with adjusted earnings per share of USD 0.37.
The company's equity oil and gas production increased by 7% to 2,130 MBOE/D in Q3 2025 compared to the same quarter last year.
Equinor announced a cash dividend of USD 0.37 per share for Q3 2025 and is executing a share buy-back programme for 2025 of USD 5 billion, with total capital distribution for 2025 expected to be around USD 9 billion.
The reported results were impacted by net impairments of USD 754 million, primarily due to a lower price outlook.
The net debt to capital employed adjusted ratio stood at 12.2% at the end of the third quarter of 2025.

Oct 29, 2025, 10:58 AM

6-K

Equinor Reports Q3 2025 Financial Results and Capital Distribution Plans

EQNR

Earnings

Dividends

Share Buyback

Equinor reported a net operating income of $5.27 billion and a net loss of $0.20 billion for the third quarter of 2025, with basic earnings per share at ($0.08).
Total equity oil and gas production increased by 7% year-over-year to 2,130 mboe per day in Q3 2025.
The company declared a cash dividend of $0.37 per share for Q3 2025 and initiated the fourth tranche of its 2025 share buy-back program, valued at up to $1.266 billion, which completes the $5 billion program for the year.
Results were impacted by net impairments, including $650 million related to UK assets and $385 million related to US offshore assets.

Oct 29, 2025, 10:38 AM

6-K

Equinor Commences Fourth Tranche of 2025 Share Buy-back Programme

EQNR

Share Buyback

Equinor ASA will commence the fourth and final tranche of its 2025 share buy-back programme on October 30, 2025.
This tranche is for up to USD 1,266 million, including shares redeemed from the Norwegian State, with up to USD 417.8 million to be purchased in the market.
The tranche is expected to conclude by February 2, 2026, and the shares purchased will be cancelled at the annual general meeting in May 2026 to reduce issued share capital.
The total 2025 share buy-back programme, announced in February 2025, is for up to USD 5 billion.

Oct 29, 2025, 10:30 AM

6-K

EQNR Reports Q3 2025 Financial Results and Operational Updates

EQNR

Earnings

Guidance Update

M&A

Equinor reported an adjusted operating income of $6.2 billion before tax and a net income of -$0.2 billion for Q3 2025, impacted by net impairments. Adjusted earnings per share (EPS) was $0.37, and year-to-date cash flow from operations after tax reached $14.7 billion.
The company achieved a 7% increase in production compared to Q3 last year, remaining on track to meet its 4% production growth target for the full year.
Equinor approved an ordinary cash dividend of $0.37 per share and a share buyback program of up to $1.266 billion for the final tranche of 2025, bringing the total capital distribution for the year to approximately $9 billion.
Net impairments of $754 million were recorded, mainly driven by lower long-term oil price assumptions. The company participated in Ørsted's rights issue with a $900 million cash flow impact in Q4 and intends to seek a board seat.
The disposal of Peregrino is underway, with a headline transaction value of $3.5 billion and expected consideration of just under $3 billion, with parts closing in Q4 2025 and Q1 2026. The average adjusted operating income guidance for Marketing, Midstream & Processing (MMP) was updated to approximately $400 million per quarter.

Oct 29, 2025, 10:30 AM

Transcript

Equinor Reports Q3 2025 Results with Increased Production and Updated Guidance

EQNR

Earnings

Guidance Update

Dividends

Equinor reported a Q3 2025 adjusted operating income of $6.2 billion before tax and a net income of -$0.2 billion, impacted by net impairments mainly due to a lower long-term oil price outlook. Adjusted earnings per share was $0.37.
Production increased by 7% from Q3 last year to 2,130,000 barrels per day, keeping the company on track to deliver 4% production growth for the year.
The company announced a Q3 2025 ordinary cash dividend of $0.37 per share and a fourth and final tranche of the share buyback program for 2025 of up to $1.266 billion, bringing total capital distribution for the year to approximately $9 billion.
Equinor updated its Marketing, Midstream & Processing (MMP) guidance to an average adjusted operating income of around $400 million per quarter and expects its net debt to capital employed ratio to be in the lower end of the 15%-30% guided range by year-end.
The Bacalhau project came on stream in October, with a production capacity of 220,000 barrels per day, and ramp-up is expected to continue through 2026. Equinor also participated in Ørsted's rights issue, with a $900 million cash flow impact in Q4, and will seek a more active role on the board.

Oct 29, 2025, 10:30 AM

Transcript

Equinor Reports Q3 2025 Results with Production Growth and Updated Guidance

EQNR

Earnings

Guidance Update

Share Buyback

Equinor reported Q3 2025 adjusted operating income of $6.2 billion before tax and a net income of -$0.2 billion, with adjusted earnings per share at $0.37.
Production for Q3 2025 was 2,130,000 barrels per day, an increase of 7% from the prior year, aligning with the company's 4% production growth target for the year.
The company announced an ordinary cash dividend of $0.37 per share and a share buyback program of up to $1.266 billion for Q3 2025, contributing to a total capital distribution of approximately $9 billion for the year.
Net impairments totaled $754 million, primarily driven by a lower long-term oil price outlook.
Equinor updated its Marketing, Midstream & Processing (MMP) guidance to approximately $400 million per quarter, a reduction from the previous range, attributed to changed market conditions and the divestment of gas infrastructure assets.