Equinor Profits Triple as Oil and Gas Prices Surge

Equinor tripled its adjusted net income for the third quarter from a year earlier, on the back of strong refining margins, high oil and natural gas prices, and increased hydrocarbon production. 86 billion for the third quarter, tripled from the $932 million income for the same period last year. 166 million barrels of oil equivalent per day boepd.

79 per MMBtu in the second quarter. The realized gas price also surged by 75% compared to the third quarter of 2025, as European gas prices spiked this summer amid a lack of LNG supply from Qatar due to the Iran war and the disruption at the Strait of Hormuz.