- Equinor press launch (NYSE:EQNR): Second-quarter non-GAAP earnings per share had been $0.84.
- Income $25.54B (+11.7% year-on-year) beat $860 million.
- The second quarter abnormal money dividend was US$0.35 per share, the particular money dividend was US$0.35 per share, and the third tranche of share repurchases amounted to US$1.6 billion.
- Preserve anticipated whole capital allocation in 2024 of roughly $14 billion.
- Equinor’s fairness manufacturing totaled 2,048 mboe per day within the second quarter, up from 1,994 mboe per day in the identical interval final yr.
- Second-quarter money movement from working actions earlier than unpaid taxes and dealing capital objects was $9.75 billion.
- Natural capital expenditures for the quarter had been $2.89 billion, and whole capital expenditures had been $4.78 billion.
- Look: Natural capital expenditures in 2024 are anticipated to be roughly US$13 billion.
- Oil and fuel manufacturing is anticipated to stay secure in 2024 in contrast with 2023 ranges.
- In contrast with 2023, renewable vitality energy technology is anticipated to extend by about 70% in 2024.
- Equinor goals to maintain unit manufacturing prices within the high quartile of its friends.
- Scheduled upkeep actions all through 2024 are anticipated to lead to a discount in fairness manufacturing of roughly 55 mboe per day.
Equinor non-GAAP EPS of $0.84 on revenue of $25.54B, topping $860M; reiterates fiscal 2024 outlook
By Viral News
