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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  Equinor ASA    EQNR   NO0010096985

EQUINOR ASA

(EQNR)
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Equinor, partners to invest $280 million to extend output at Norway's Gudrun field

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07/16/2019 | 08:16am EDT
A logo of Equinor, formerly known as Statoil, is seen at the company's headquarters in Fornebu

OSLO (Reuters) - Equinor and its partners in the Gudrun oilfield in the North Sea off Norway will invest some 2.4 billion crowns (£225.48 million) in a water injection plant expected to prolong output by three years compared to the original plan, it said on Tuesday.

OSLO (Reuters) - Equinor and its partners in the Gudrun oilfield in the North Sea off Norway will invest some 2.4 billion crowns (£225.48 million) in a water injection plant expected to prolong output by three years compared to the original plan, it said on Tuesday.

Output at the field is now expected to be extended to 2032. Equinor's partners include Repsol, OMV and Neptune Energy.

(Reporting by Gwladys Fouche)

Stocks mentioned in the article
ChangeLast1st jan.
EQUINOR ASA 0.70% 180.75 Delayed Quote.-2.31%
OMV AG 1.86% 49.83 End-of-day quote.29.09%
REPSOL -0.35% 14.21 End-of-day quote.0.92%
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Financials (USD)
Sales 2019 71 274 M
EBIT 2019 15 159 M
Net income 2019 5 739 M
Debt 2019 15 714 M
Yield 2019 5,19%
P/E ratio 2019 11,9x
P/E ratio 2020 10,7x
EV / Sales2019 1,15x
EV / Sales2020 1,02x
Capitalization 66 384 M
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Number of Analysts 29
Average target price 22,68  $
Last Close Price 19,96  $
Spread / Highest target 50,8%
Spread / Average Target 13,6%
Spread / Lowest Target -20,9%
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NameTitle
Eldar Sætre President & Chief Executive Officer
Jon Erik Reinhardsen Chairman
Jannicke Nilsson Chief Operating Officer & Executive Vice President
Lars Christian Bacher Chief Financial Officer & Executive Vice President
Anders Opedal Executive VP-Technology, Projects & Drilling
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