Equinor Sees Q3 Trading Profit Above Guidance
Equinor expects its third quarter results to exceed previous guidance driven by strong European refining margins and successful liquefied natural gas trading optimization.
Insights:
Equinor's downstream division will post a third-quarter trading result exceeding its $400M guidance, the company said on Wednesday morning. The Norwegian energy group cited exceptionally strong European refining margins and strong trading results. The profit beat signals robust operational performance for the energy major in Norway.
