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Equinor (EQNR NO) CFO says must be prepared for some demand destruction in Europe due to high gas prices; production from the Johan Sverdrup field is down 11% to date and it expects a larger decline next year

ORIGINAL · NewsquawkEquinor (EQNR NO) CFO says must be prepared for some demand destruction in Europe due to high gas prices; production from the Johan Sverdrup field is down 11% to date and it expects a larger decline next yearRead originalHide original

Share buybacks will be the flexible part of capital distribution. 2027 production will not match the extraordinary 2026 level but will be higher than 2025.

StockNow breaking-news AI analysis

Equinor’s CFO flagged potential European demand destruction amid high gas prices; the item also reports Johan Sverdrup decline, flexible buybacks, and 2027 production below 2026 but above 2025.

News detail

Share buybacks will be the flexible part of capital distribution. 2027 production will not match the extraordinary 2026 level but will be higher than 2025.

1 stocks
EQNREquinor ASA American Depositary Shares (Each Representing One Ordinary Share, nominal value NOK 2.50 per share)$47.70Current price

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