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Equinor ASA (EQNR) Q3 2024 Earnings Call Transcript

October 24, 2024
in Market & News
Reading Time: 2 mins read
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Equinor ASA (EQNR) Q3 2024 Earnings Call Transcript
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Equinor ASA (NYSE:EQNR) Q3 2024 Earnings Conference Call October 24, 2024 3:00 AM ET

Company Participants

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Torgrim Reitan – Executive Vice President, Chief Financial Officer
Bard Glad Pedersen – Senior Vice President of Investor Relations

Conference Call Participants

Biraj Borkhataria – RBC
Teodor Sveen Nilsen – SpareBank 1 Markets
Martijn Rats – Morgan Stanley
Henri Patricot – UBS
Alastair Syme – Citi
Alejandro Vigil – Santander
Yoann Charenton – Bernstein
Lydia Rainforth – Barclays
Giacomo Romeo – Jefferies
Michele della Vigna – Goldman Sachs
Kim Fustier – HSBC
Matt Lofting – JPMorgan
Anders Rosenlund – SEB
Peter Low – Redburn

Operator

Good day and welcome to the Equinor Analysts Call Q3 Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. [Operator Instructions]. And finally, I would like to advise all participants that this call is being recorded. Thank you.

I’d now like to welcome Bard Glad Pedersen, Senior Vice President of Investor Relations to begin the conference. Bard, over to you.

Bard Glad Pedersen

Thank you, operator. And good morning to all. I’m here together with Torgrim Reitan, our CFO. As usual, he will take us through the numbers and then we will open for questions-and-answers.

So, with that, I hand it over to Torgrim.

Torgrim Reitan

Thank you, Bard. And good morning, everyone, and thank you for joining. Before we go into the results, take a look at the photo of Johan Sverdrup. It’s a truly remarkable asset. After five years in production, it has now produced more than 1 billion barrels. It continues to create significant value and cash flow quarter-after-quarter, and total revenue is already higher than $80 billion.

On the 21st of September, we set a new record with over 756,000 barrels

Credit: Source link

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