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2024

Equinor Beats Q1 Earnings Expectations as Oil and Gas Output Jumps

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Equinor (NYSE: EQNR) reported on Thursday consensus-beating earnings for the first quarter of 2024, driven by higher production in Norway and rising oil prices. The Norwegian energy major booked an adjusted net income of $2.84 billion for Q1, down by 27% on the year due to lower natural gas prices in Europe this year. But the result beat the company-provided analysis consensus forecast of $2.04 billion.     Adjusted pre-tax operating income of $7.53 billion also fell year-over-year, by 37%, but again beat the…



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