Equinor Finishes Year Strong, Looks to Keep Momentum Into 2019
Equinor reported adjusted earnings of $4.4 billion in the fourth quarter of 2018, a 10.9% year-over-year change, and $18 billion for the fiscal year 2018, an increase of 42% compared with 2017. Net operating income amounted to $20.1 billion and organic free cash flow rose to $6.3 billion. The upstream segment drove the increase due to higher production and higher oil and gas realizations of nearly 30%. Midstream and Downstream, or MMP, segment results dampened Equinor’s overall earnings increase...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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