Company Report

Equinor corporate - reported results analysis

25 July 2019

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25 July 2019

Equinor corporate - reported results analysis

Report summary

Equinor delivered a solid set of operational results in Q2. Production was broadly flat year-on-year despite significant planned maintenance activity. Further cost reductions were unveiled at Johan Sverdrup, in which the company has now increased its equity position to 42.6% (from 40%) following its sell down of 16% of the 20.1% stake it held in Lundin. Another positive development was a reduction of 2019 capex guidance to between US$10 and US$11 billion (from US$11 billion).

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Q3 2012
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Q3 2011
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