文章核心观点 - 公司在第三季度取得了稳健的财务和运营业绩 [1] - 公司在可再生能源领域取得了进展,但部分项目进度有所延迟 [3][4] - 公司继续优化资产组合,并在低碳解决方案领域取得进展 [4] 财务表现 - 公司第三季度调整后营业收入为68.9亿美元,其中勘探与生产挪威贡献58.8亿美元、国际勘探与生产贡献4.07亿美元、美国勘探与生产贡献2.07亿美元 [5] - 营销、中游和加工业务贡献5.45亿美元,主要来自液化天然气、电力贸易和地理套利 [5] - 可再生能源业务调整后营业收入为负1.15亿美元,因项目开发成本超过运营资产收益 [5] - 第三季度经营活动产生的现金流为62.5亿美元,全年累计为140亿美元 [6] - 第三季度有机资本支出为30.8亿美元,全年预计为120-130亿美元 [6] - 第三季度净现金流为负34.2亿美元,主要受到7月挪威国家股份回购计划的影响 [6] - 第三季度末调整后净债务资本比率为负2.0%,较上季度的负3.4%有所下降 [6] 运营表现 - 第三季度总权益产量为1984万桶油当量/天,较上年同期略有下降 [2] - 挪威大陆架产量增加2%,主要受特罗尔气田高产和阿斯塔-汉斯滕、奥斯伯格等项目的贡献 [2] - 国际业务新井投产有正面影响,但受海上检修和美国飓风影响有所下降 [2] - 第三季度完成9口海上勘探井,其中1口为商业发现,另有4口正在进行 [2] - 可再生能源发电量增加82%,主要得益于2024年新增的陆上电厂 [3] - 多格银行A项目进度较预期有所延迟,导致2024年可再生能源发电量增长预期调整至50%左右 [3] 战略进展 - 在挪威大陆架,约翰-卡斯特堡生产船已安全锚泊于该油田,预计年底前投产 [3] - 特罗尔B和C平台部分实现岸电供电,有助于公司降低运营排放 [3] - 收购了丹麦能源公司奥斯特9.8%的股权,获得优质海上风电资产和项目管线 [4] - 在美国大西洋海域获得了约2吉瓦的海上风电租赁权,增加了公司的可再生能源投资选择 [4] - 公司正在重新调整早期可再生能源项目组合,以降低成本并聚焦于核心市场 [4] - 北部光线碳捕集设施如期完工,英国两个关键的低碳解决方案项目获得政府资助 [4] 资本分配 - 第三季度派发普通现金股利每股0.35美元,特别现金股利每股0.35美元 [7] - 启动2024年第四期和最后一期共计最高16亿美元的股票回购计划 [7] - 2024年全年资本分配总额约140亿美元,与此前公布的水平一致 [7]

文章核心观点 - 全球经济正在向更清洁的能源转型,能源公司面临着应对气候变化的压力 [1] - 可再生能源将在满足未来能源需求中发挥重要作用,但不会完全取代石油和天然气 [1] - 化石燃料需求预计将继续增长,但增速放缓 [1] 行业总结 - 可再生能源将与电力需求增长步调一致,为同时涉足油气和可再生能源的公司带来机遇 [1] - 三家公司 Equinor、Shell和Enbridge 正积极布局可再生能源和减碳业务,有望长期受益 [1][2] 公司总结 Equinor - 正积极多元化业务,重点发展海上风电、碳捕集和氢能 [2] - 到2050年计划实现温室气体排放与吸收平衡 [2] Shell - 目标到2050年或更早实现净零排放 [2] - 计划到2030年将绝对排放量降低50% [2] Enbridge - 正在积极适应能源转型,预计到2050年实现净零排放 [2]

文章核心观点 - 挪威国有能源公司Equinor宣布收购丹麦最大能源公司Ørsted 10%的股权,价值约25亿美元 [1] - 此次收购旨在增强Equinor在海上风电项目的布局,到2030年Ørsted的净发电能力将达到35-38吉瓦 [1] - 投资者对Equinor高价收购少数股权的战略举措表示担忧,认为其对公司的战略影响有限 [2] 公司财务分析 - Equinor目前股价为26.30美元,市盈率为8.02,市净率为1.75,市值为722.5亿美元 [2] - 根据GuruFocus的估值,Equinor被评为公允价值 [2] - 公司过去12个月的每股收入有所下降,存在一定的财务预警信号 [3] - 但Equinor的Beneish M-Score表明其不太可能存在财务操纵,且股息收益率接近3年高点,估值也接近1年低点 [3] 行业发展 - Equinor此次收购Ørsted旨在增强其可再生能源业务,支持公司的长期增长 [3] - 投资者需权衡公司当前的财务表现和市场估值,评估其战略举措的影响 [3]

Investors seemed skeptical of a buy-in to a fellow Scandinavian energy company. Oil and gas companies might be riding a long-tail boom these days, but you wouldn't know that from the latest action in Equinor (EQNR -3.02%). The Scandanavian energy company didn't do well on Monday, sinking by 3% in price on news of a fresh acquisition. The S&P 500 index also landed in negative territory, but not as deeply, as it fell a comparatively benign 1%. Investing in the wind Equinor's major news item that day was the d ...

Equinor ASA (EQNR) , a Norwegian state-owned energy company, has announced significant progress on its development projects with 19 initiatives currently underway. In the proposed National Budget for 2025, the Norwegian Ministry of Energy detailed the status of 13 Equinor-operated projects that are either under development or have recently been completed. According to Trond Bokn, head of project development at Equinor, the company's developments in 2023 contributed to significant economic activity, with 25 ...

Equinor ASA (EQNR) awarded Aker Solutions a significant contract to enhance the gas production capabilities of the Troll A platform as part of the ongoing Troll Phase 3 development. The contract, valued between NOK 500 million and NOK 1.5 billion, covers engineering, procurement, construction, installation and commissioning services. This work will focus on modifications to the platform that will support the extraction of gas from the Troll West reservoir, one of Norway's largest sources of natural gas. The ...

Equinor ASA (EQNR) , a Norwegian state-owned energy company, has made significant progress in its $9 billion Raia offshore gas project in Brazil. Per a Bloomberg report, the company's CEO Anders Opedal confirmed, during an oil conference in Rio de Janeiro, that all major contracts have been secured to build a floating production vessel, drill wells and install seabed infrastructure. The project, which aims to meet 15% of Brazil's gas demand, is expected to begin production by 2028. Valaris to Lead Offshore ...

Equinor ASA (EQNR) , a Norwegian state-owned energy company, has scrapped its plans to export blue hydrogen to Germany due to high costs and a lack of sufficient demand, per media reports. The move came at the heels of the company's initial partnership with German energy giant RWE, which was established in January 2022 to create a hydrogen supply network aimed at reducing greenhouse gas emissions in German power plants. Cost and Lack of Demand Force EQNR to Reevaluate Partnership Equinor initially expected ...

Equinor ASA (EQNR) , a Norwegian state-owned energy powerhouse, has successfully anchored its floating production, storage, and offloading vessel (FPSO) on the Johan Castberg field in the Barents Sea. This marks a critical step as the FPSO is now set for hook-up to subsea facilities, paving the way for initiating production toward the end of 2024. EQNR Anchors FPSO, Prepares for Subsea Hook-Up The FPSO is currently being hooked up to the subsea infrastructure on the Johan Castberg field, according to Trond ...

A fresh move by an analyst following the stock didn't do it any favors. The market drained the energy from energy stock Equinor (EQNR -4.83%) on Tuesday. Rather than movement on company news, the Norwegian oil and gas major took a hit when an analyst tracking its stock cut his price target. By the end of the day's trading session, Equinor's share price had withered by almost 5%, comparing unfavorably with the relatively modest 2.2% decline of the S&P 500 index. Cutting while maintaining The person behind th ...