Equinor reports Q1 adjusted EPS $1.48, consensus $1.37

Reports Q1 adjusted revenue $28.4B, consensus $29.3B. “This quarter, we deliver exceptional operational performance and record-high production. Combined with higher prices, we present strong financial results. Heightened geopolitical tension continues to disrupt energy flows and commodity prices. In such volatile markets, continued high production from the Norwegian continental shelf reinforces Equinor’s (EQNR) role as a trusted energy partner to Europe. Successful exploration results on the Norwegian continental shelf underpin long-term supply and value creation. With our strong onshore gas position in the US and the optimised international portfolio, we are further strengthening competitiveness and future cash flow.”