Equinor Beats Earnings Estimates Despite Oil & Gas Price Slump ...Middle East

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Equinor Beats Earnings Estimates Despite Oil & Gas Price Slump
Norway’s energy major Equinor on Thursday reported adjusted earnings for the first quarter that beat the analyst consensus as increased production partly offset a decline in oil prices and a crash in natural gas prices compared to a year earlier.   Equinor booked adjusted earnings before tax of $12 billion for the first quarter, down by 33% compared to the first quarter of 2022 but higher than the $11.2 billion expected by an analyst consensus of 26 analysts provided by the company. Adjusted earnings after tax of $3.5 billion also beat…

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