Equinor Shareholder Returns Disappoint -- Market Talk

Dow Jones
2025/02/05

1014 ET - Equinor cuts capital expenditure as expected, but shareholder distributions are disappointing, Jefferies analysts Giacomo Romeo and Kai Ye Loh write. Updated guidance reflects consensus expectations in terms of the capex cut, due to lower renewables spending. However, 2025 distributions are lower than expected and the outlook for 2026 distributions remains unclear, they say. The 2025 dividend and buyback of $9 billion is below consensus at $10 billion, while Equinor has scrapped its 2026 buyback guidance. Quarterly earnings beat consensus on net income but are relatively inline on the operating line and on cash flow from operations. Shares trade 3.5% lower at 268.20 Norwegian kroner. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

February 05, 2025 10:14 ET (15:14 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10