EQNR
Equinor·NYSE
--
--(--)
--
--(--)
EQNR fundamentals
Equinor (EQNR) released its earnings on Feb 4, 2026: revenue was 25.30B (YoY -8.25%), beat estimates; EPS was 0.81 (YoY +28.57%), beat estimates.
Revenue / YoY
25.30B
-8.25%
EPS / YoY
0.81
+28.57%
Report date
Feb 4, 2026
EQNR Earnings Call Summary for Q4,2025
- Record Production Growth: 2025 production at 2.137 million bpd, up 3.4% YoY. 2026 growth of 3% driven by new fields and U.S. gas expansion.
- CapEx Reductions: $4 billion cut over 2026-2027, focusing on renewables and low-carbon solutions due to slower market development.
- Empire Wind Financial Impact: $7.5 billion total CapEx, with $2.5 billion in tax credits. 2027 cash flow boosted by $2 billion from tax credits.
- Dividend Growth: Quarterly dividend increased by $0.02 per share annually, with 2026 dividend at $0.39 per share. Share buyback program of $1.5 billion announced.
- Cost Efficiency: 10% OpEx reduction target for 2026, supported by AI and portfolio high-grading.
- Political Risks: Empire Wind legal challenges highlight above-ground risks, but project execution remains on track.
- U.S. Gas Growth: 2025 U.S. gas production up 45%, with cash flow of $1 billion. 2026 growth driven by Northeast demand and trading optimization.
EPS
Actual | 0.17 | 0.2 | 0.08 | -0.17 | 0.8191 | 0.48 | 0.83 | 1.35 | 1.59 | 2.11 | 2.13 | 1.8462 | 1.13 | 0.74 | 0.9171 | 0.6346 | 0.96 | 0.84 | 0.79 | 0.63 | 0.66 | 0.64 | 0.37 | 0.81 | ||||||||||
Forecast | 0.2071 | -0.009 | 0.1061 | 0.1571 | 0.7184 | 0.52 | 0.7506 | 1.0683 | 1.4498 | 1.6291 | 2.0562 | 1.2707 | 0.9731 | 0.7472 | 0.7547 | 0.8504 | 0.7151 | 0.7361 | 0.7395 | 0.7376 | 0.8335 | 0.6543 | 0.6026 | 0.608 | ||||||||||
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -17.91% | +2322.22% | -24.60% | -208.21% | +14.02% | -7.69% | +10.58% | +26.37% | +9.67% | +29.52% | +3.59% | +45.29% | +16.12% | -0.96% | +21.52% | -25.38% | +34.25% | +14.11% | +6.83% | -14.59% | -20.82% | -2.19% | -38.60% | +33.22% |
Revenue
Actual | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 14.97B | 8.04B | 11.25B | 11.84B | 17.55B | 17.46B | 23.26B | 32.61B | 36.39B | 36.31B | 43.63B | 34.00B | 29.11B | 22.87B | 25.73B | 28.48B | 25.10B | 25.54B | 25.45B | 27.57B | 29.92B | 25.11B | 26.06B | 25.30B |
Forecast | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 12.73B | 9.02B | 11.14B | 12.74B | 16.57B | 17.93B | 22.28B | 35.84B | 33.86B | 35.16B | 43.07B | 36.54B | 27.92B | 23.88B | 24.01B | 27.51B | 26.53B | 24.59B | 24.40B | 25.80B | 26.56B | 24.11B | 23.42B | 22.06B |
Surprise | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | +17.63% | -10.86% | +1.02% | -7.08% | +5.91% | -2.64% | +4.43% | -9.03% | +7.49% | +3.27% | +1.31% | -6.95% | +4.28% | -4.21% | +7.18% | +3.53% | -5.38% | +3.86% | +4.27% | +6.85% | +12.66% | +4.16% | +11.26% | +14.67% |
Earnings Call
You can ask Aime
What is the revenue and EPS growth rate for Equinor year over year?What guidance did Equinor's management provide for the next earnings period?Did Equinor beat or miss consensus estimates last quarter?What does Equinor do and what are its main business segments?What were the key takeaways from Equinor’s earnings call?What is the market's earnings forecast for Equinor next quarter?What factors drove the changes in Equinor's revenue and profit?What were the key takeaways from Equinor's earnings call?
