Equinor's Record Production Sets It Up Well -- Market Talk

Dow Jones05-06

0734 GMT - Equinor's record quarterly bodes well for the second quarter given high oil-and-gas prices, RBC Capital Markets analyst Biraj Borkhataria writes. Prices have been elevated since the start of the conflict in Iran and Equinor should be set to capitalize once again. The Norwegian energy company's EBIT came in ahead of consensus and was aided by strong U.S. gas sales and a strong performance in its U.S. gas-trading division, he says. Shares fall 5.3% to 362.90 kroner. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

May 06, 2026 03:34 ET (07:34 GMT)

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