Equinor ASA (LTS:0A7F)
$ 36.02 +2.46 (+7.33%) Market Cap: 82.03 Bil Enterprise Value: 93.86 Bil PE Ratio: 16.11 PB Ratio: 2.05 GF Score: 68/100

Q4 2025 Equinor ASA Analyst Call-Q&A Transcript

Feb 04, 2026 / 10:30AM GMT
Release Date Price: $26.81 (+2.53%)
Bard Pedersen
Equinor ASA - Senior vice president Equinor, Norway Head of Investor Relations

Good morning to all, both here in the room in Oslo, and to all our participants online. Welcome to the presentation of Equinor's fourth quarter and full year results for 2025. My name is Bard Glad Pedersen. I'm Head of Investor Relations in Equinor.

To those of you who are in the room, I want to inform you that there are no emergency drills planned for today, so if there is an alarm, we will evacuate and follow instructions.

Today, we will have a presentation first from our CEO, Anders Opedal, followed by a presentation from our CFO, Torgrim Reitan. (Operator Instructions)

So with that, I hand it to you, Anders, for your presentation.

Anders Opedal
Equinor ASA - President, Chief Executive Officer

Thank you very much, Bob, and thank you all for joining here in the room and thank you for participating, on digital.

So, for Equino, 2025 was a year of strong, deliveries, but it was also a year of increased geopolitical tension and

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