Equinor ASA (ADR)

Key information relating to the proposed cash dividend to be paid by Equinor for fourth quarter 2020. Dividend amount: 0.12 Declared currency: USD Last day including rights: 11 May 2021 Ex-date: 12 May 2021 Record date: 14 May 2021 Payment date: 27 May 2021 The proposed dividend amount is subject to approval by the Annual General Meeting on 11 May 2021. Other information: Dividend per share in NOK will be communicated 19 [...]

Equinor reports adjusted earnings of positive USD 0.76 billion and negative USD 0.55 billion after tax in the fourth quarter of 2020. IFRS net operating income was negative USD 0.99 billion and the IFRS net income was negative USD 2.41 billion, following net impairments of USD 1.30 billion and a write down of USD 0.98 billion related to the Tanzania LNG project. 2020 was characterised by: Results impacted by low oil and [...]

Equinor has agreed to divest its interests in the Bakken field in the US states of North Dakota and Montana to Grayson Mill Energy, backed by EnCap Investments, for a total consideration of around USD 900 million. The transaction covers all of Equinor's operated and non-operated acreage, totalling 242,000 net acres, and associated midstream assets in the Bakken. Entitlement production from these assets in 4Q 2020 was [...]

Equinor has decided to write down the book value of its Tanzania LNG project on the company's balance sheet by 982million USD. This will be reflected in adjusted earnings for EPI division in fourth quarter 2020 results to be reported on 10 February 2021. While progress has been made in recent years on the commercial framework for TLNG, overall project economics have not yet improved sufficiently to justify keeping it on [...]

Stavanger, Rogaland, Norway, January 20, 2021 – Equinor ASA announces that on January 19, 2021 it disposed of its beneficial ownership of an aggregate of 100,000,000 common shares of Athabasca Oil Corp. , at a price of C$0.18 per Common Shares, for aggregate gross proceeds of C$18,000,000 , through the facilities of the Toronto Stock Exchange on a block trade basis. Immediately prior to the Transaction, Equinor [...]

FN Media Group Presents Oilprice.com Market Commentary In Namibia, an African venue that is being set up as the scene of the world's next—and possibly last—major onshore oil discovery, the oil and gas rights to an entire 8.5-million-acre sedimentary basin are owned by a single, small company. Mentioned in today's commentary includes: Occidental Petroleum Corp. , Kinder Morgan, Inc. , Equinor ASA , Apache Corporation [...]

Equinor announces that Ulrica Fearn is appointed chief financial officer and executive vice president, with effect from 16 June 2021. Fearn will succeed acting CFO Svein Skeie, who will become senior vice president CFO Performance Management and Risk with effect from the same date. Fearn is currently Director of Group Finance at BT Plc, where she has helped drive cultural change and strong sustainable performance since [...]

Equinor announced on 24 July 2020 dividend per share of USD 0.09 for second quarter 2020. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 13 November 2020, in total seven business days. Average Norges Bank fixing rate for this period was 9.0779. Second quarter 2020 dividend per share is consequently NOK 0.8170. On 25 November [...]

Equinor announces changes in the corporate structure and the Corporate Executive Committee . "Equinor is developing as a broad energy company. We are now making changes to further strengthen our ability to deliver on our always safe, high value, low carbon strategy. These changes will support improved value creation from our world-class oil and gas portfolio, accelerated profitable growth within renewables and the [...]

From 12 November 2020, the shares in Equinor will be traded ex dividend at USD 0.09. Record date is 13 November 2020. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act...