Equinor Exits Nigeria & Azerbaijan With $2B Asset Divestments [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
The company aims to increase its international production by 100,000 barrels of oil equivalent per day by 2030, and is concentrating its resources on core areas such as Brazil, the United Kingdom, and the United States. The divested assets in Nigeria and Azerbaijan were significant contributors to Equinor's international production, with average net production of 24,600 barrels of oil equivalent per day in Azerbaijan and 17,700 barrels of oil equivalent per day in Nigeria during the first three quarters of 2024. The proceeds from the divestments will enhance Equinor's fourth-quarter cash flow, enabling the company to reinvest in regions where it expects to maximize value. The divestments will enable Equinor to build a more robust and focused portfolio that aligns with its future growth and sustainability objectives. The company aims to increase its international production by 100,000 barrels of oil equivalent per day by 2030, and is focusing on developing new fields in high-pote
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EQNR
News
- Equinor ASA (NYSE: EQNR) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
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EQNR
Earnings
- 10/24/24 - Beat
EQNR
Sec Filings
- 12/17/24 - Form 6-K
- 12/13/24 - Form 6-K
- 12/12/24 - Form 6-K
- EQNR's page on the SEC website