Equinor posts strong Q1 2026 with record production and $9.77B adjusted operating income

Equinor reported a record 9% production increase in Q1 2026, reaching 2,313 mboe per day, driven by strong performance on the Norwegian continental shelf and international assets. The company posted an adjusted operating income of $9.77 billion and adjusted net income of $3.7 billion, supported by higher liquids and US gas prices despite lower European gas prices. Key milestones include seven new discoveries on the Norwegian shelf, drilling in Brazil, and a $0.39 per share dividend with ongoing share buy-backs. These results highlight Equinor's resilience amid geopolitical tensions and its commitment to maintaining long-term production and cash flow growth.