Stock Groups

Equinor posts record Q4, hikes dividend and share buybacks -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – Equinor’s Flag in Stavanger (Norway), December 5, 2019. REUTERS/Ints Kalnins

OSLO (Reuters) – Norway’s Equinor has posted record pretax profits for its fourth quarter. The increase in oil and natural gas prices drove Equinor to post records. Equinor also announced that it will be increasing its dividend as well as buying back shares.

The adjusted earnings before taxes rose to $15.0billion in October-December from $756m in the previous year. This is more than the predicted $13.2 billion by Equinor polled 23 analysts.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]