Equinor expects oil and gas output to rise about 4% in 2026
Equinor estimates its 2026 oil and gas production will grow around 4% from 2025 levels. The company also reported third-quarter results, according to Reuters.
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what happened
Equinor said its oil and gas production for 2026 is estimated to grow around 4% compared with 2025, Reuters reported. In the third quarter, the company posted net income of $2.54 billion and net operating income of $11.95 billion. Capital expenditure for the quarter came to $3.28 billion, and total equity production reached 2,166 thousand barrels of oil equivalent per day.
The company also declared a quarterly dividend of $0.39 per share and launched the fourth tranche of its share buyback program, worth up to $1.125 billion.
why it matters
Two points matter for the market: output growth alongside continued shareholder payouts, and a new buyback tranche that supports investor interest in the stock. The report shows a major oil and gas producer still expanding volumes, which could weigh on the supply balance for Brent over time. The text does not mention oil prices themselves.
market impact
Equinor shares: dividend and buyback support the stock; output growth matters for oil supply
- Equinor shares pressure up — the dividend and new buyback tranche support demand for the stock
tags
instruments
sources
- Equinor 2026 Oil & Gas Production Is Estimated To Grow Around 4% — Reuters, 28 October 2026 at 06:50 UTC
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