Global Upstream Capex Set To Fall Again In 2026 Amid Low Oil Prices [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
Companies across the industry continued to prioritize profitability, free cash flow, and debt reduction over aggressive production growth, a trend reinforced by macro uncertainty. The decline was also driven by reduced spending by U.S. independent light tight oil and shale producers, even as national oil companies (NOCs) in the Middle East increased their investment, and spending on conventional projects generally proved more resilient. And now energy experts at Wood Mackenzie are predicting that these trends will continue in the current year. According to the analysts, global upstream operators will cut investment for a second consecutive year in 2026, with capital expenditure expected to fall by at least 2-3% year-on-year, and more than 5% compared to 2024 levels, as the industry navigates sub-$60/bbl oil prices while maintaining focus on long-term resilience. Reductions in North America and Europe will offset increases in Africa, Latin America, and the Middle East. Despite thes
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EQNR
Earnings
- 10/29/25 - Miss
EQNR
Sec Filings
- 1/20/26 - Form 6-K
- 1/20/26 - Form 6-K
- 1/13/26 - Form 6-K
- EQNR's page on the SEC website