Equinor reported a strong financial performance in Q2 2025, with adjusted operating income of USD 6.53 billion and net income of USD 1.32 billion. The company’s production grew by 2% to 2,096 mboe per day, driven by operational achievements and new projects. Equinor announced a capital distribution plan, including an ordinary cash dividend of USD 0.37 per share.

Strategically, Equinor made progress on key projects like Johan Castberg and Johan Sverdrup phase 3. The company divested the Peregrino field in Brazil for USD 3.5 billion and closed financing for offshore wind projects in Poland. CEO Anders Opedal emphasized commitment to long-term energy provision amid market volatility and production growth goals.

Equinor’s financial results were impacted by lower liquids prices but offset by higher gas prices and production. The company reported an adjusted net income of USD 1.67 billion and operating income of USD 5.72 billion. Cash flow from operations was USD 9.17 billion, with total capital expenditures of USD 3.58 billion. Equinor aims for a total capital distribution of USD 9 billion in 2025.

The company’s operational performance was strong, with new production from Johan Castberg and Halten East fields offsetting natural decline. Equinor experienced a 28% increase in US onshore oil and gas production and made commercial discoveries in offshore exploration wells. Power generation from renewables also increased, contributing positively to Equinor’s portfolio.

Read more at GlobeNewswire: Equinor second quarter 2025 results