Equinor ASA (EQNR)

The company now

Equinor reported third-quarter 2026 net income of $2.54 billion on 28 October, against a loss of $204 million a year earlier 16. Adjusted operating income, the company's own measure that sets aside one-off items, was $12.35 billion 1. Equity production, its share of what its fields pump, was 2,166 thousand barrels of oil equivalent a day, up 2 percent 1.

The company tied the rise to higher oil and European gas prices and to record results at its Mongstad refinery 1. It realised a European gas price of $20.0 per million British thermal units and $92.3 a barrel for liquids 1. Tight markets after the conflict in the Middle East pushed European gas prices up during the quarter, the report says 1.

Most of the profit went to Norway as tax: the effective tax rate was 77.6 percent, because income from the Norwegian shelf carries a 78 percent statutory rate 1. The board kept the quarterly dividend at $0.39 a share and began a fourth buy-back tranche of up to $1,125 million, completing a 2026 programme of up to $3 billion 16.

Two decisions remain open 1215. Equinor targets a final investment decision on Bay du Nord, an oil project off Canada, for early 2027 12. Rosebank, the oil field of Adura, Equinor's joint venture with Shell, still awaits UK consent 15.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.