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Equinor reported a stronger-than-expected first-quarter profit of $9.77 billion, driven by record production and rising oil and gas prices due to the ongoing Middle East conflict, while maintaining a reduced share buyback program and standard cash dividend despite potential windfall gains. #Energy #OilAndGas #Equinor #NO #QA #IR
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Equinor first-quarter profit rises more than expected
OSLO, May 6 (Reuters) - Equinor (EQNR. OL), opens new tab on Wednesday reported a bigger-than-expected rise in first-quarter profits, lifted by record output and as oil and gas prices soared in March due to the war in the Middle East.