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0.000559075661572887 0.000559075661572887 -0.000186358553857585 -0.00149086843086094 -0.00149086843086094 -0.00149086843086094 -0.00149086843086094 -0.00149086843086094
Stock impact report

Equinor Flags 10%--20% Output Decline at Johan Sverdrup This Year [Yahoo! Finance]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
oil output from its Johan Sverdrup field is expected to decline this year. Chief executive Anders Opedal said production could fall by more than 10% but remain below 20%, following a period in which the field delivered sustained growth to European oil supply. Exports from Johan Sverdrup averaged about 712,000 barrels a day last year, based on loading programs compiled by Bloomberg, underscoring the scale of the asset as it enters a new phase. Warning! GuruFocus has detected 8 Warning Signs with TSLA. Is EQNR fairly valued? Test your thesis with our free DCF calculator. Opedal said Equinor has been able to keep production elevated for longer than originally anticipated, helped by operational measures and ongoing optimization efforts. The company is now working to manage the decline through new wells and other methods, with management suggesting the drop in output has been postponed as much as possible. Despite the outlook for lower volumes this year, Equinor indicated that the de Show less Read more
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