Equinor's Shares Slide Despite Beat to Expectations as Oil Prices Fall -- Market Talk
Dow Jones05-06
0852 GMT - Equinor's shares fall over 5% despite posting first-quarter earnings that beat expectations. The operationally strong performance wasn't enough to stop shares sliding on a drop in oil prices, with both Brent crude and WTI prices down around 3.3%. The Norwegian energy major's shares have outperformed its European peers since the conflict began. This is partially because it has no direct exposure to the region and is therefore able to fully capture the higher prices. Despite Wednesday's fall, shares remain up more than 50% over the year to date. Shares fall 5.5% to 362.3 kroner. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
May 06, 2026 04:52 ET (08:52 GMT)
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