Earnings Alerts

Equinor (EQNR) Earnings: Q2 Adjusted Operating Income Surpasses Estimates at $7.48 Billion

  • Equinor‘s 2Q Adjusted Operating Income: $7.48 billion, beating the estimate of $7.23 billion.
  • Average Production: 2.05 million barrels of oil equivalent per day (boe/d), surpassing the estimate of 2.04 million boe/d.
  • Dividend Per Share: 35 cents.
  • Adjusted Operating Income After Tax: $2.15 billion, ahead of the estimate of $2.11 billion.
  • Analyst Ratings: 7 buys, 14 holds, 12 sells.

A look at Equinor Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience5
Momentum3
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Equinor ASA, an energy company focusing on oil, gas, wind, and solar projects, has a promising long-term outlook based on the Smartkarma Smart Scores. With a strong emphasis on growth and resilience, Equinor scored high with a 5 in both categories. This indicates that the company is well-positioned to expand and adapt to industry challenges in the future. Additionally, Equinor received solid scores of 3 in both value and dividend, showing a stable financial foundation and a commitment to rewarding shareholders. While momentum scored a 3, the overall outlook for Equinor looks positive, especially in terms of growth and resilience.

In summary, Equinor‘s Smartkarma Smart Scores highlight its solid positioning in the energy sector, with a focus on both growth and resilience. The company’s diverse energy portfolio and offshore expertise contribute to its positive outlook. With a balanced approach to value, dividend, and momentum, Equinor demonstrates a strong foundation for long-term success in serving its global customers and advancing energy projects worldwide.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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