Equinor third quarter 2026 results
Key Highlights
- ➤Adjusted operating income USD 12.35 billion in third quarter 2026
- ➤Net income USD 2.54 billion; adjusted EPS USD 1.20
- ➤2026 production growth guidance raised from 3% to around 4%
- ➤Cash flow from operations after taxes paid USD 8.14 billion
- ➤Fourth share buy-back tranche approved for up to USD 1,125 million
Expert Statements
Anders Opedal, President and CEO of Equinor ASA
“High production in the third quarter enabled us to capture additional value from higher prices. Based on safe and efficient operations we are increasing our 2026 guiding for oil and gas production growth from 3 to around 4 per cent.”
Anders Opedal, President and CEO of Equinor ASA
“In a period of continued geopolitical tension, we remain committed to safe and reliable operations, supplying the products our customers need. At the Mongstad refinery, our operational performance was strong and we achieved record results.”
Anders Opedal, President and CEO of Equinor ASA
“We continue to deliver on our strategy by creating new opportunities for long-term value. In the quarter, we have accessed new exploration acreage and acquired a stake in a gas-fired power plant in the US. We have also progressed the Bay du Nord project in Canada with a new partner.”
Equinor (OSE:EQNR, NYSE:EQNR) delivered an adjusted operating income* of USD 12.35 billion in the third quarter of 2026. Equinor reported a net operating income of USD 11.95 billion and a net income of USD 2.54 billion. Adjusted net income* was USD 2.86 billion, leading to adjusted earnings per share* of USD 1.20.
Delivering on the strategy * Acquired gas-fired power plant in the US * Progressing Bay du Nord with new partner in October * Accessed attractive exploration acreage in Namibia, and established a strategic exploration collaboration on the NCS Strong production, cash flow and financial results * Production growth of 2% * Increased 2026 production guiding to ~4% * Strong Marketing, Midstream and Processing results with record contribution from the Mongstad refinery * Cash flow from operations after taxes paid* of USD 8.1 billion Capital distribution * Third quarter cash dividend of USD 0.39 per share * Fourth tranche of the share buy-back of up to USD 1,125 million * Share buy-back of up to USD 3 billion for 2026 Anders Opedal, President and CEO of Equinor ASA:
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