Equinor Announces Production Growth Targets and $2B-$4B Annual Buyback Framework for 2027
Equinor ASA (EQNR) reported strong operational performance in its latest update, noting a 2% production growth this quarter and nearly 5% year-to-date. Driven by these robust operations, the company is increasing its guidance for the current year. Looking ahead, Equinor has outlined strategic long-term targets, including an aim for approximately 4% production growth by 2026. Furthermore, the company established a capital return framework projecting annual share buybacks between $2 billion and $4 billion starting in 2027.
Tickers: $EQNR
Topics: earnings report guidance increase production growth
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