Equinor delivered an adjusted operating result of USD 6.89 billion, or around NOK 75 billion after tax, in the third quarter of 2024. The result is somewhat weaker than expected, and weaker than in the corresponding quarter last year. This is revealed in a stock exchange announcement sent out by the company this Thursday. – We have good operations and solid results, and are on track to deliver strong cash flow from operations. This is in line with what we said at the capital market update in February, is the statement from Anders Opedal, CEO of Equinor. In advance, it was expected that the company would deliver weaker figures than in the same quarter last year. The company then had a profit before tax of NOK 8.02 billion. According to the estimates that the company itself has published in advance, a result of 7.08 billion dollars was expected in the third quarter of this year. CEO Anders Opedal also reports very good gas production at Johan Sverderup and the Troll field in today’s stock exchange announcement. – Over time, we have upgraded the capacity in the gas value chain. This has contributed to the highest ever production from the Troll field in the gas year. In the quarter, the Johan Sverdrup field set a production record with over 756,000 barrels of oil in one day. Energy Minister Terje Aasland together with CEO of Equinor Anders Opedal. This is how the quarters ended last year Equinor’s adjusted profit in 2023 was around NOK 400 billion. 2022 was a record year for the company, with a result of NOK 800 billion. Much of the reason why 2022 was a record year for Equinor was the war in Ukraine. After the war, oil and especially gas prices have been very high. This is how operating profit before tax looked for the company last year. 1st quarter: $12 billion. Q2: $7.54 billion. Q3: $8.02 billion. 4th quarter: $8.68 billion. Among other things, allegations have been made that Equinor is profiting from the war in Europe. Published 24.10.2024, at 06.53 Updated 24.10.2024, at 07.22
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