Norwegian State Educational Loan Fund

Equinor to commence fourth and final tranche of the 2023 share buy-back programme

Retrieved on: 
Vendredi, octobre 27, 2023
Oslo Stock Exchange, OSE, EQNR, Security (finance), NYSE, State, Disclosure, EC, Norwegian State Educational Loan Fund, USD, EEA, NOK, Reinsurance, Pharmaceutical industry, Video game, Financial adviser, Equinor, EU

Equinor (OSE: EQNR, NYSE: EQNR) will on 30 October 2023 commence the fourth tranche of the share buy-back programme for 2023 of up to USD 1.67 billion, as announced in relation with the third quarter results on 27 October 2023.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) will on 30 October 2023 commence the fourth tranche of the share buy-back programme for 2023 of up to USD 1.67 billion, as announced in relation with the third quarter results on 27 October 2023.
  • The share buy-back programme for 2023 is structured into tranches where Equinor will buy back shares for a certain value in USD over a defined period.
  • This fourth and final tranche will complete Equinor’s announced share buy-back programme of USD 6 billion for 2023.
  • Further information about the share buy-back programme and the fourth tranche:
    The fourth tranche of the share buy-back programme for 2023 is based on an authorisation granted to the Board of Directors at the annual general meeting 10 May 2023.

Equinor third quarter 2023

Retrieved on: 
Vendredi, octobre 27, 2023
Dogger Bank Wind Farm, New York Public Service Commission, EQNR, MMP, NYSE, Midstream, Tax, Dogger Bank, Government, Buzzard, Use, Public expenditure, Farm, Troll, Carbon, Wind, Norwegian State Educational Loan Fund, Maintenance, Senior, Bayou Bend Collection and Gardens, NCS, Kilowatt-hour, USD, Investment, Vito, New York Stock Exchange, Marketing, Communication, Rosebank, Renewable energy, Nyhamna, Speciality chemicals, Holding company, Management, Natural gas, Petroleum, Pharmaceutical industry, Bank, Equinor, Eirin, LNG

Power production from renewable energy sources was 373 GWh in the quarter, up from 294 GWh in the same quarter last year.

Key Points: 
  • Power production from renewable energy sources was 373 GWh in the quarter, up from 294 GWh in the same quarter last year.
  • Equinor maintains a strong financial position with adjusted net debt to capital employed ratio* at negative 22.9% by the end of the third quarter, from negative 35.1% at the end of the second quarter of 2023.
  • The Equinor shares will trade ex-dividend on Oslo Børs and New York Stock Exchange from and including 14 February 2023.
  • The third tranche of the share buy-back programme for 2023 was completed on 20 October 2023 with a total value of up to USD 1.67 billion.

Norsk Hydro: Positioning for the long-term, navigating challenging markets

Retrieved on: 
Mardi, octobre 24, 2023
Shanghai Metals Market, JV, Hydroelectricity, APM, EV, Bauxite, Government, Family, United Auto Workers, EBITDA, PAX, Injection, Carbon, Wind, Norwegian State Educational Loan Fund, Maintenance, UAW, EBIT, Social, Growth, Mercedes-Benz, Macquarie Group, Plant, Partnership, EUR, Share repurchase, CO2, LME, Recycling, USD, Investment, EU, NOK, Risk management, Renewable energy, Lithium, Financial services, Extrusion, Macquarie

Global demand has remained weak for residential building and construction, and industrial segments, while demand for automotive has been more stable.

Key Points: 
  • Global demand has remained weak for residential building and construction, and industrial segments, while demand for automotive has been more stable.
  • Within Hydro Extrusions and recycling, we are using our production flexibility and adaption abilities to maneuver in weaker markets,” says Aasheim.
  • Hydro’s improvement program has progressed significantly during the quarter and commercial ambitions are ahead of the target for 2023.
  • The 2024 Norwegian national budget proposal, revealed on October 6, surprised with significant changes to industrial and power development conditions.

Equinor to commence third tranche of the 2023 share buy-back programme

Retrieved on: 
Mercredi, juillet 26, 2023
EEA, State, Disclosure, Oslo Stock Exchange, USD, NYSE, Norwegian State Educational Loan Fund, Security (finance), EQNR, EC, OSE, NOK, Reinsurance, Financial adviser, EU, Equinor

Equinor (OSE: EQNR, NYSE: EQNR) will on 27 July 2023 commence the third tranche of the share buy-back programme for 2023 of around USD 1.67 billion, as announced in relation with the second quarter results on 26 July 2023.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) will on 27 July 2023 commence the third tranche of the share buy-back programme for 2023 of around USD 1.67 billion, as announced in relation with the second quarter results on 26 July 2023.
  • The third tranche of the share buy-back programme for 2023 of around USD 1.67 billion includes shares to be redeemed from the Norwegian State and will end no later than 26 October 2023.
  • The share buy-back programme for 2023 will be structured into tranches where Equinor will buy back shares for a certain value in USD over a defined period.
  • Further information about the share buy-back programme and the third tranche:
    The third tranche of the share buy-back programme for 2023 is based on an authorisation granted to the Board of Directors at the annual general meeting 10 May 2023.

Equinor second quarter 2023

Retrieved on: 
Mercredi, juillet 26, 2023
Maintenance, Communication, Peregrino, Use, Dogger Bank, Tax, Dogger Bank Wind Farm, MMP, USD, Marketing, Wind, NCS, NYSE, Public expenditure, Midstream, Norwegian State Educational Loan Fund, Investment, Kilowatt-hour, Decarbonisation measures in proposed UK electricity market reform, Engie, EQNR, OSE, NOK, Floral industry, Bank, Holding company, Management, Renewable energy, Petroleum, Equinor

Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted earnings* of USD 7.54 billion and USD 2.25 billion after tax in the second quarter of 2023.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted earnings* of USD 7.54 billion and USD 2.25 billion after tax in the second quarter of 2023.
  • Power production from renewable energy sources was 345 GWh in the quarter, up from 325 GWh for the same quarter last year.
  • Equinor maintains a strong financial position with adjusted net debt to capital employed ratio* at negative 35.1% by the end of the second quarter, from negative 52.3% at the end of the first quarter of 2023.
  • The second tranche of the share buy-back programme for 2023 was completed on 12 July 2023 with a total value of around USD 1.67 billion.

Equinor to commence second tranche of the 2023 share buy-back programme

Retrieved on: 
Jeudi, mai 4, 2023
EEA, State, Annual, Disclosure, Oslo Stock Exchange, USD, NYSE, Norwegian State Educational Loan Fund, Security (finance), EQNR, EC, OSE, NOK, Financial adviser, Reinsurance, EU, Equinor

Equinor (OSE: EQNR, NYSE: EQNR) will after the Annual General Meeting 10 May 2023 commence the second tranche of the share buy-back programme for 2023 of around USD 1.67 billion, as announced in relation with the first quarter results on 4 May 2023.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) will after the Annual General Meeting 10 May 2023 commence the second tranche of the share buy-back programme for 2023 of around USD 1.67 billion, as announced in relation with the first quarter results on 4 May 2023.
  • The second tranche of the share buy-back programme for 2023 of around USD 1.67 billion, including shares to be redeemed from the Norwegian State, will end no later than 25 July 2023.
  • The purpose of the share buy-back programme is to reduce the issued share capital of the company.
  • Further information about the share buy-back programme and the second tranche:
    The second tranche of the share buy-back programme for 2023 is subject to an authorisation to the Board of Directors from the annual general meeting 10 May 2023.

Equinor first quarter 2023

Retrieved on: 
Jeudi, mai 4, 2023
Communication, Partnership, Use, Tax, MMP, USD, Marketing, Wind, NCS, Public expenditure, Midstream, Suncor Energy, SSE, Acquisition, Norwegian State Educational Loan Fund, Investment, Kilowatt-hour, RWE, Growth, EQNR, OSE, NYSE, Farm, Holding company, Management, Renewable energy, Rare-earth element, Petroleum, Oil, Bank, Security (finance), Dogger Bank, Statfjord oil field, Equinor

Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted earnings* of USD 12.0 billion and USD 3.51 billion after tax in the first quarter of 2023.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted earnings* of USD 12.0 billion and USD 3.51 billion after tax in the first quarter of 2023.
  • Equinor completed nine exploration wells offshore with three commercial discoveries in the quarter, and three wells were ongoing at the quarter end.
  • Equinor paid the first of three equal NCS tax instalments of USD 5.42 billion in the quarter and will pay the next two in the second quarter.
  • The first tranche of the share buy-back programme for 2023 was completed on 20 March 2023 with a total value of USD 1 billion.

Norsk Hydro: 2022 record results, Q4 down on lower prices

Retrieved on: 
Mardi, février 14, 2023
CRU, CFO, GDP, Recycling, Mergers & Acquisitions, Carbon accounting, Health, European Commission, PCS, Share repurchase, LME, Lifting, Investment, Safety, Zephyr, Wind, Civil service commission, Bauxite, CO2, EBITDA, Norwegian State Educational Loan Fund, Acquisition, Mercedes-Benz, Annual, Sale, Industrialisation, Sunnfjord, USD, Capital market, Partnership, Growth, TRI, Mergers and acquisitions, NOK, PAX, Hydro Husnes, Video game, Cryptocurrency, Renewable energy, Aluminium, Reinsurance, Bank, Extrusion, EU, Energy

Strong results and aluminium margins, lower upstream prices and higher costs

Key Points: 
  • Strong results and aluminium margins, lower upstream prices and higher costs
    Hydro experienced record results for the full year 2022, with an Adjusted EBITDA of NOK 39.7 billion.
  • “Having concluded a strong fourth quarter of 2022, I am very satisfied to see Hydro completing a year of record results both financially and safety wise.
  • Nordic power prices are on average higher in the fourth quarter compared to the same period last year, but declined significantly compared to the third quarter of 2022.
  • Significant price area differences in the Nordic region have continued, however they were considerably lower compared to the third quarter.

Equinor to commence first tranche of the 2023 share buy-back programme

Retrieved on: 
Mercredi, février 8, 2023
OSE, IA, Oslo Stock Exchange, Norwegian State Educational Loan Fund, Security (finance), NYSE, EC, State, NOK, Capital market, American depositary receipt, Disclosure, USD, Reinsurance, EU, Equinor

Equinor (OSE: EQNR, NYSE: EQNR) will commence on 9 February 2023 the first tranche of around USD 1 billion of the 2023 share buy-back programme, as announced at the Capital Market Update 8 February 2023.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) will commence on 9 February 2023 the first tranche of around USD 1 billion of the 2023 share buy-back programme, as announced at the Capital Market Update 8 February 2023.
  • The first tranche of the share buy-back programme for 2023 is around USD 1 billion, including shares to be redeemed from the Norwegian State, and will end no later than 24 March 2023.
  • For 2023 Equinor announces a share buy-back programme of up to USD 6 billion, including shares to be redeemed from the Norwegian State.
  • The purpose of the share buy-back programme is to reduce the issued share capital of the company.

Equinor fourth quarter and full year 2022 results

Retrieved on: 
Mercredi, février 8, 2023
Well, Policy, Marketing, Midstream, Tax, Norwegian State Educational Loan Fund, Hydrogen, Longevity, NYSE, Carbon, MMP, Wind, Bank account, Henry Hub, Dogger Bank, CO2, NCS, Kilowatt-hour, AGM, Exploration, Use, Investment, Growth, Natural gas, USD, Share repurchase, Video game, Bookkeeping, Holding company, Software, Renewable energy, Bank, Cryptocurrency, Equinor

Equinor (OSE:EQNR, NYSE:EQNR) delivered adjusted earnings* of USD 15.1 billion and USD 5.80 billion after tax in the fourth quarter of 2022.

Key Points: 
  • Equinor (OSE:EQNR, NYSE:EQNR) delivered adjusted earnings* of USD 15.1 billion and USD 5.80 billion after tax in the fourth quarter of 2022.
  • Equinor completed five exploration wells offshore with one commercial discovery in the quarter and four wells were ongoing at the quarter end.
  • Equinor realised a European gas price of USD 29 per mmbtu and realised liquids prices where USD 80.4 per bbl in the fourth quarter.
  • Although prices are comparatively higher than the corresponding quarter in 2021, European gas price weakened through the fourth quarter of 2022.