TD Cowen analyst Jason Gabelman maintains Equinor (NYSE:EQNR) with a Hold and lowers the price target from $30 to $28.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/14/2024 | $25.80 | Underweight → Equal-Weight | Morgan Stanley |
| 8/29/2024 | Equal-Weight → Underweight | Morgan Stanley | |
| 8/8/2024 | Sell → Reduce | UBS | |
| 8/8/2024 | Sell → Neutral | UBS | |
| 4/26/2024 | $28.00 → $30.00 | Hold | TD Cowen |
| 4/24/2024 | $28.00 | Hold | TD Cowen |
| 2/20/2024 | $26.40 → $28.50 | Underweight → Equal-Weight | Morgan Stanley |
| 2/8/2024 | Buy → Hold | DZ Bank |
Equinor ASA (NYSE:EQNR) shares are trading higher after the company reported second-quarter FY24 results. Adjusted revenue and other income rose 12% Y/Y to $25.54 billion, above the consensus of $23.72 billion. Total equity liquids and gas production rose 3% Y/Y to 2,048 mboe per day, with equity liquids production falling 1% Y/Y to 1,080 mboe per day and equity gas production rising 7% Y/Y to 968 mboe per day. Production benefited from performance at NCS, driven by Troll and Oseberg, along with the ramp-up of new fields. The contribution from the Buzzard field in the U.K. and new wells partially offset lower production in the U.S. Group average liquids price rose 10% Y/Y to $
Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 15 November 2024 Ex-date Oslo Børs: 18 November 2024 Ex-date New York Stock Exchange: 19 November 2024 Record date: 19 November 2024 Payment date: 29 November 2024 Date of approval: 23 July 2024
In this third tranche of the share buy-back programme for 2024, shares for up to USD 528 million will be purchased in the market, implying a total third tranche of up to USD 1.6 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 22 October 2024.
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. In this fourth tranche, shares for up to USD 528 million will be purchased in the market, implying a total tranche of up to USD 1.6 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 31 January 2025. Equinor announced at the Capital Market Update in February 2024 a two-year share buy-back programme of total USD 10-12 billion for 2024-2025, with up to USD 6 billion for 2024, including shares to be redeemed f
Key information relating to the cash dividend to be paid by Equinor ASA ((OSE: EQNR, NYSE:EQNR) for third quarter 2024. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 12 February 2025 Ex-date Oslo Børs: 13 February 2025 Ex-date New York Stock Exchange: 14 February 2025 Record date : 14 February 2025 Payment date: 28 February 2025 Date of approval: 23 October 2024 Other information: The cash dividend per share in NOK will be communicated 21 February 2025. This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuan
Equinor ((OSE: EQNR, NYSE:EQNR) delivered adjusted operating income* of USD 6.89 billion and USD 2.04 billion after tax in the third quarter of 2024. Equinor reported net operating income of USD 6.91 billion and net income at USD 2.29 billion. Adjusted net income* was USD 2.19 billion, leading to adjusted earnings per share* of USD 0.79. Financial and operational performance Solid financial resultsEffective execution of extensive turnaround programmeStrong cash flow from operations Strategic progress All-time high production from the Troll field in the gas yearNorthern Lights facility completed and ready to receive CO2Acquired a 9.8 percent stake in Ørsted in October Capital d
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
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. In this fourth tranche, shares for up to USD 528 million will be purchased in the market, implying a total tranche of up to USD 1.6 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 31 January 2025. Equinor announced at the Capital Market Update in February 2024 a two-year share buy-back programme of total USD 10-12 billion for 2024-2025, with up to USD 6 billion for 2024, including shares to be redeemed f
Key information relating to the cash dividend to be paid by Equinor ASA ((OSE: EQNR, NYSE:EQNR) for third quarter 2024. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 12 February 2025 Ex-date Oslo Børs: 13 February 2025 Ex-date New York Stock Exchange: 14 February 2025 Record date : 14 February 2025 Payment date: 28 February 2025 Date of approval: 23 October 2024 Other information: The cash dividend per share in NOK will be communicated 21 February 2025. This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuan
Equinor ((OSE: EQNR, NYSE:EQNR) delivered adjusted operating income* of USD 6.89 billion and USD 2.04 billion after tax in the third quarter of 2024. Equinor reported net operating income of USD 6.91 billion and net income at USD 2.29 billion. Adjusted net income* was USD 2.19 billion, leading to adjusted earnings per share* of USD 0.79. Financial and operational performance Solid financial resultsEffective execution of extensive turnaround programmeStrong cash flow from operations Strategic progress All-time high production from the Troll field in the gas yearNorthern Lights facility completed and ready to receive CO2Acquired a 9.8 percent stake in Ørsted in October Capital d
Torgrim Reitan has been appointed Chief Financial Officer and executive vice president in Equinor ((OSE: EQNR, NYSE:EQNR), with effect from 6 October 2022. Reitan succeeds Ulrica Fearn who has decided to leave the company to pursue a CFO opportunity outside the company. Ulrica Fearn will be available to secure a good hand over to her successor until further notice. "I am very pleased to welcome Torgrim back to the Corporate Executive Committee. Torgrim has a very strong background to take on the complex challenge as CFO in Equinor, as we progress our ambition to be a leading company in the energy transition. In the current energy crisis, it is a definite strength to have Torgrim in my
Morgan Stanley upgraded Equinor from Underweight to Equal-Weight and set a new price target of $25.80
Morgan Stanley downgraded Equinor from Equal-Weight to Underweight
UBS upgraded Equinor from Sell to Reduce