Equinor sees solid Q3 2025 with strong production and cost control despite impairments

Equinor ASA reported an adjusted operating income of USD 6.21 billion and an after‑tax result of USD 1.51 billion for Q3 2025. While the net operating income was USD 5.27 billion and the company logged a net loss of USD 0.20 billion, adjusted net income stood at USD 0.93 billion, equating to adjusted earnings per share of USD 0.37. On the operational side, Equinor achieved production growth of 7 % compared with the same quarter last year, boosted by strong output from the Johan Sverdrup and Johan Castberg fields. The company emphasised its cost discipline: overall costs remained stable year‑on‑year, while the renewables segment saw a 50 % cost reduction. Strategically, Equinor commenced production at the Bacalhau field in Brazil — its largest international offshore development to date — and made seven commercial discoveries on the Norwegian continental shelf in Q3. For capital distribution, the board approved a cash dividend of USD 0.37 per share and announced a fourth tranche of share buy‑back up to USD 1.266 billion, which completes the 2025 programme and aligns with its targeted ~USD 9 billion total capital distribution. #Equinor #Q3Results #OilAndGas #EnergyTransition #SlimScan #GrowthStocks #CANSLIM