Analysts see USD 12.19 billion Q3 profit for Equinor stock

Published on 10/21/2026 at 09:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Equinor expects adjusted pretax profit of USD 12.19 billion in Q3. Equinor stock costs EUR 40.79 on October 21, 2026 before October 28 results.

Third-quarter expectations set the frame

Analysts expect USD 12.19 billion in adjusted pretax profit for the third quarter on October 21, 2026.
Equinor's marketing, midstream and processing division is expected to exceed its USD 400 million guidance for the third quarter.
Equinor stock trades at EUR 40.79 at 9:11 a.m. CEST at Lang & Schwarz on October 21, 2026.

Architektur-Render eines gläsernen Firmensitzes an nordischer Küste mit Windrädern — Equinor ASA (NO0010096985) betreibt moderne Bürogebäude, hier als futuristisches Glas-Hochhaus an nordischer Küste gerendert, Illustration mit AI erstellt.

Equinor (ISIN NO0010096985) is priced at EUR 40.79 at Lang & Schwarz on October 21, 2026 at 9:11 a.m. CEST. Analysts expect adjusted pretax profit of USD 12.19 billion for the third quarter, according to E24 on October 21, 2026.

Profit expectations rise ahead

The consensus gathered from 21 analysts would mark Equinor's strongest adjusted pretax result since the fourth quarter of 2022, when the figure reached USD 15.00 billion, E24 reported. The same source put third-quarter production expectations at 2.129 million barrels of oil equivalent per day, broadly matching the year-earlier level.

The earnings picture also has a trading component. Equinor expects its marketing, midstream and processing division to exceed USD 400 million of third-quarter guidance, supported by refining margins and oil and liquefied natural gas trading, Yahoo Finance reported on October 7, 2026.

What does the estimate mean?

The result would be a sharp step up from Equinor's adjusted pretax profit of USD 11.50 billion in the second quarter, while the current consensus points to USD 3.405 billion in third-quarter net income, according to E24. For investors, the key test is whether stronger trading income can offset the sensitivity of upstream earnings to oil and gas prices.

Three dates shape the setup

On October 7, 2026, Equinor said its marketing, midstream and processing division was expected to exceed USD 400 million of third-quarter guidance, according to Equinor. On October 15, 2026, the company said the Troll B and Troll C electrification project had reduced annual emissions by 330,000 tonnes, according to the same Equinor update. On October 21, 2026, E24 reported the USD 12.19 billion adjusted pretax consensus for the third quarter.

Results and dividend dates

Equinor's third-quarter results are scheduled for October 28, 2026, with the analyst conference listed for 11:30 a.m. to 12:30 p.m. CET, according to Equinor. The next ex-dividend date listed for the Oslo Stock Exchange is November 13, 2026.

Stock price before the results

Equinor stock was trading at EUR 40.79 at Lang & Schwarz on October 21, 2026 at 9:11 a.m. CEST. The upcoming results now provide the next dated test for the profit expectations and trading strength outlined above. The further course of trading is shown by the continuously updated real-time quote of Equinor stock.