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Senegal , Friday 17 April 2026

Equinor shareholders to get $10 billion payout as energy prices soar

Published on: Wednesday 09 February 2022

Equinor shareholders to get $10 billion payout as energy prices soar Norway's Equinor will pay out $10 billion to shareholders this year after it reported record fourth-quarter pretax profits, joining European rivals in cashing in on a boom in oil and gas prices and sending its shares to a new high. Adjusted earnings before tax leapt to $15.0 billion in the October-December quarter, up from $756 million a year earlier and beating the $13.2 billion predicted in a poll of 23 analysts compiled by Equinor. Thanks to high energy prices and disciplined spending, Equinor generated $25 billion of free cash flow last year - equivalent to Senegal's GDP in 2020, according to World Bank data.


News source: https://finance.yahoo.com/news/equinor-posts-record-q4-hikes-055327807.html

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