Equinor ASA Releases First Quarter 2025 Results
Equinor ASA, a leading energy company, has released its first quarter 2025 results, which show a profit miss. The company’s net income for the quarter was not disclosed in the release.
Key Financials
- Revenue: $X billion (not specified)
- Net income: Not disclosed
- Cash dividend declared: $0.37 per share
Shareholder Distributions
Equinor has maintained its shareholder distributions, declaring a cash dividend of $0.37 per share.
Stock Price Performance
The company’s stock price has been trading lower due to concerns over a potential lawsuit against the US government. The stock price has declined.
Litigation Update
Equinor is considering legal action against the US government after a $2.5 billion wind project was halted. The company estimates that the project’s cancellation could result in billions of dollars in losses.
Financial Impact
The company has not disclosed the potential financial impact of the lawsuit on its operations. However, the stock price decline suggests that investors are concerned about the potential outcome.
Note
The company’s first quarter 2025 results are available on its website.