energy

Equinor lifts output guidance and profit on stronger prices

Equinor reported 2% third-quarter output growth and $12.4 billion adjusted operating income; full-year output guidance raised to about 4%, per TradingView.

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what happened

Equinor's third-quarter output rose 2% year on year, according to TradingView. Adjusted operating income reached $12.4 billion, and cash flow after tax came in at $8.1 billion.

The company raised its full-year production growth guidance to about 4% and plans share buybacks of up to $3 billion.

why it matters

Higher output and stronger oil and gas prices improved the company's financial results, which matters for the wider energy sector. Buybacks reduce the number of shares outstanding, a factor investors watch closely at large energy producers.

market impact

Equinor shares: higher output guidance and buybacks support the stock

  • Equinor shares pressure up — buyback plan of up to $3 billion and raised output guidance

tags

instruments

BrentEQNREquinor shares

sources

  1. EQNR: Production growth and stronger prices lifted adjusted operating income to $12.4bn — TradingView, 28 October 2026 at 05:47 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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