Equinor Q3 core profit falls more than expected, oil‑price outlook lowered

Norwegian energy major Equinor saw its third‑quarter adjusted earnings before tax decline by 9.9 % year‑on‑year to $6.21 billion, missing the analyst consensus of about $6.31 billion. The company also recorded net asset impairments of roughly $754 million, driven by a weaker long‑term crude‑price outlook. Looking ahead, Equinor has revised its benchmark Brent Blend oil‑price forecast down to $75 / barrel for the 2030‑2040 period (previously $80) and trimmed guidance for its Midstream, Marketing & Processing segment to about $400 million average adjusted operating income from a prior range of $400 million‑$800 million. Despite the headwinds, the company maintained a 4 % output growth forecast for 2025 and held its capital‐expenditure estimate at $13 billion. #EquinorEarnings #OilPriceOutlook #EnergySector #Impairments #SlimScan #GrowthStocks #CANSLIM