Equinor ASANYSE: EQNR

Equinor is on track to return a staggering $44.7 billion to shareholders in just three years.

EQNR's acquisition of a stake in Orsted offers a cost-effective opportunity for the company to participate in offshore wind projects without having to develop them.

Equinor ASA's strong cash flow, low P/E ratio, and net cash position make it a valuable investment opportunity with a double-digit dividend yield. The company's equity production remains robust despite weak prices, with significant growth expected from new projects like Johan Castberg and Dogger Bank A. Despite substantial tax obligations, Equinor generates hefty cash flow, enabling continued shareholder returns and heavy investments in renewables.

Norway's Equinor continues to meet its gas supply commitments to Europe following two recent security incidents at its Sleipner field in the North Sea, the company said on Friday.

Equinor ASA (NYSE:EQNR ) Q3 2024 Earnings Conference Call October 24, 2024 3:00 AM ET Company Participants Torgrim Reitan - Executive Vice President, Chief Financial Officer Bard Glad Pedersen - Senior Vice President of Investor Relations Conference Call Participants Biraj Borkhataria - RBC Teodor Sveen Nilsen - SpareBank 1 Markets Martijn Rats - Morgan Stanley Henri Patricot - UBS Alastair Syme - Citi Alejandro Vigil - Santander Yoann Charenton - Bernstein Lydia Rainforth - Barclays Giacomo Romeo - Jefferies Michele della Vigna - Goldman Sachs Kim Fustier - HSBC Matt Lofting - JPMorgan Anders Rosenlund - SEB Peter Low - Redburn Operator Good day and welcome to the Equinor Analysts Call Q3 Conference Call. All lines have been placed on mute to prevent any background noise.

European gas prices are still subject to upward pressure due to rising demand in Asia and concerns over future supply of Russian and liquefied natural gas (LNG), the CEO of Norwegian oil and gas producer Equinor said on Thursday.

Norway's largest oilfield Johan Sverdrup is expected to come off its production plateau early next year, operator Equinor said on Thursday.

Equinor on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its full-year outlook for capital expenditure and renewable energy production growth.

Equinor (OSE: EQNR, NYSE: EQNR) will on 25 October 2024 commence the fourth and final tranche of up to USD 1.6 billion of the share buy-back programme for 2024, as announced in relation with the third quarter results 24 October 2024.