Net income of $1.2bn (-15% from Q2 17) • E&P Norway: adjusted earnings of $3bn +58% from Q2 17 • E&P International: adjusted earnings of $1bn (+18%) • Marketing, Midstream & Processing: adjusted earnings of $300m Quarterly dividend is maintained ($0.23 per share) as well as the guidance: • Organic capex: $11bn • Exploration activity:$1.5bn • Production growth: 1-2%
26 Jul 2018
Q2: higher production cost, no buy-backs yet
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Q2: higher production cost, no buy-backs yet
Net income of $1.2bn (-15% from Q2 17) • E&P Norway: adjusted earnings of $3bn +58% from Q2 17 • E&P International: adjusted earnings of $1bn (+18%) • Marketing, Midstream & Processing: adjusted earnings of $300m Quarterly dividend is maintained ($0.23 per share) as well as the guidance: • Organic capex: $11bn • Exploration activity:$1.5bn • Production growth: 1-2%