Equinor Reports Record Profits In 2022 ...Middle East

OILPRICE - Economy
Equinor Reports Record Profits In 2022
Equinor (NYSE: EQNR) on Wednesday joined the group of oil and gas majors reporting record profits for 2022 as its adjusted earnings after tax more than doubled on the back of high oil and gas prices. The Norwegian energy major reported adjusted earnings after tax of $22.7 billion for 2022, more than double the $10 billion earnings booked in 2021. Fourth-quarter adjusted earnings of $15.1 billion beat a company-provided poll of analysts who had expected $14.4 billion in earnings. Adjusted earnings after tax rose by 32% year on year to $5.8 billion…

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