Equinor ASA (NYSE:EQNR)

$ 24.18 -0.19 (-0.78%) Market Cap: 66.17 Bil Enterprise Value: 66.85 Bil PE Ratio: 7.73 PB Ratio: 1.56 GF Score: 79/100

Q3 2020 Equinor ASA Earnings Call Transcript

Oct 29, 2020 / 10:30AM GMT

Release Date Price: $12.72 (-1.85%)

Transcript

Peter Hutton

Equinor ASA - SVP of IR

Ladies and gentlemen, thank you, everyone, and welcome to the Third Quarter 2020 Equinor Results Call. And what I know is an especially busy day. Lars Christian Bacher, CFO, will run through the results and then open up for questions. Also on the line, we have Sven Skeie, Head of Performance and from the first of November, Acting CFO; Ãrjan Kvelvane, Head of Accounting; and Mads Holm, Head of Finance. (Operator Instructions)

So with that, I am very pleased to pass the word through to Lars Christian. Thanks very much.

Lars Christian Bacher

Equinor ASA - Executive VP & CFO

Thank you, Peter, and good morning, everybody. I hope you are all doing well, and thank you for joining the call. Equinor delivered solid overall operational performance in the quarter. Prices have recovered somewhat from the very low levels in second quarter, and we have seen less volatility, but concerns of a second COVID wave in many countries have muted further demand and corresponding price optics.

Despite this challenging

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