Equinor CFO Says `No News' on Buybacks, Will Maintain Exploration Target

Equinor CFO Says `No News' on Buybacks, Will Maintain Exploration Target

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Business

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The transcript covers an interview with Equinor's CFO discussing the company's recent earnings, capex plans, exploration activities, debt situation, dividend policy, and market outlook. Equinor plans to maintain a capex of $11 billion, focusing on project completions and exploration wells, particularly in Norway and Brazil. The company's debt profile shows a slight increase due to currency effects and investments. While the dividend policy remains firm, the scope for share buybacks is emerging. The market outlook anticipates volatility in oil prices, with a focus on maintaining a strong development portfolio.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected outcomes of the exploration activities in Brazil?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Equinor's approach to share buybacks as mentioned in the discussion?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are influencing the price of oil according to the CFO?

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