Equinor posts record profit for 2022, Q4 beats expectation

Reuters2023-02-08

OSLO, Feb 8 (Reuters) - Equinor on Wednesday posted a record $74.9 billion adjusted operating profit for 2022, more than double the previous record thanks to soaring gas prices and with fourth-quarter results beating analyst expectations.

The oil and gas producer's adjusted earnings before tax and interest for October-December rose to $15.1 billion from $15 billion a year earlier, beating the $14.4 billion predicted in a poll of 25 analysts compiled by Equinor.

(Reporting by Nerijus Adomaitis, editing by Terje Solsvik)

((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters Messaging: nerijus.adomaitis.thomsonreuters@reuters.net))

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