Equinor: Q2 adjusted EPS down 5%
(CercleFinance.com) - Equinor reported net income of $1,872m for Q2 2024, up 2% on Q2 2023.
On an adjusted basis, net income came to $2,417m, down 11% from last year.
Adjusted EPS came in at E0.84, down 5%.
Total group sales reached $25.5bn, up 12% from $22.8bn a year earlier.
The company reports that it generated 1,083 GWh over the period, up 14%, including 655 GWh from renewable sources (+90%), as well as 2,048 million barrels of oil equivalent per day in Q2, up 3%.
Anders Opedal, Equinor's Chairman and CEO, describes the company's operating performance and financial results as "solid". The company maintains a competitive capital distribution which should provide a total of $14bn to its shareholders in 2024, he adds.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
On an adjusted basis, net income came to $2,417m, down 11% from last year.
Adjusted EPS came in at E0.84, down 5%.
Total group sales reached $25.5bn, up 12% from $22.8bn a year earlier.
The company reports that it generated 1,083 GWh over the period, up 14%, including 655 GWh from renewable sources (+90%), as well as 2,048 million barrels of oil equivalent per day in Q2, up 3%.
Anders Opedal, Equinor's Chairman and CEO, describes the company's operating performance and financial results as "solid". The company maintains a competitive capital distribution which should provide a total of $14bn to its shareholders in 2024, he adds.
Copyright (c) 2024 CercleFinance.com. All rights reserved.