Equinor ASA

EQNR: XOSL (NOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	NOK 756.00	Sqhq	Cmmxsvfz

Equinor Achieves Stellar Q3 2021 Results on Higher Oil and Gas Prices; Repurchases Amount Trebled

Allen Good

Oct 28, 2021

Equinor’s third-quarter results showed marked improvements in all segments, except for renewables. A surge in oil and gas prices lifted earnings and strengthened cash flow generation. For the quarter, adjusted after-tax earnings were $2.8 billion compared with $271 million the year before. The strong results prompted an increase in its next tranche of repurchases to $1 billion from $300 million.

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