Equinor : Record Q4 results and FCF, stronger cash returns and net zero carbon targets
>Record earnings, 20% ahead of expectations - Q4 2021 adjusted EBIT came in at $ 15bn (+53% q-o-q), 13% better than the consensus, while adjusted net profit amounted to € 4.4bn (+58% q-o-q), 20% better than expected thanks to the excellent performance from the E&P Norway division and to production growth of 8.5% to 2 012 kboe/d, ahead of forecasts, with increased output for Troll Ph3, Martin Linge and Johan Sverdrup, as well as high and optimised gas production. For 2...Equinor is engaged in oil and gas exploration and production activities. Co. is primarily focused on exploration, development and production of oil and gas on the Norwegian continental shelf (NCS). Co.'s operations are organized into four segments. The Development and Production Norway and Development and Production International segments explore, develop, produce and extract crude oil, natural gas and natural gas liquids. The Marketing, Processing and Renewable Energy segment markets, trades, transports and processes oil and natural gas and renewable energy. The Other segment consists of global well and project delivery, research and develpoment, and business development.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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