Key facts
- Equinor's third-quarter adjusted net income tripled to $2.86 billion.
- Oil and gas production rose 2% to 2.166 million barrels of oil equivalent per day.
- Realized European gas price was $20.0 per million British thermal units.
- Realized liquids price averaged $92.3 per barrel, up 42% year-over-year.
- Marketing, Midstream and Processing division income was $574 million.
Equinor reported a threefold increase in adjusted net income for the third quarter, reaching $2.86 billion, driven by strong refining margins, elevated oil and gas prices, and a 2% rise in production to 2.166 million barrels of oil equivalent per day. The company benefited from a European gas price of $20.0 per million British thermal units and realized liquids prices averaging $92.3 per barrel. The Marketing, Midstream and Processing division also performed strongly, with income at $574 million, exceeding guidance. Equinor raised its 2026 oil and gas production growth forecast to around 4%.