Morgan Stanley Cuts PT on Equinor ASA (EQNR) Following Q1 Results

3 hours ago 2

Noor Ul Ain Rehman

Tue, May 26, 2026 astatine 7:08 AM CDT 1 min read

Equinor ASA (NYSE:EQNR) is 1 of the champion commodity stocks to bargain for the supercycle. Morgan Stanley chopped the terms people connected Equinor ASA (NYSE:EQNR) to NOK 376 from NOK 388 connected May 12, maintaining an Equal Weight standing connected the shares. The standing update came aft the institution reported its fiscal Q1 2026 fiscal results, stating that it delivered an adjusted operating income of $9.77 cardinal and $2.86 cardinal aft taxation successful fiscal Q1 2026. Net operating income for the 4th came up to $8.78 billion, with a nett income of $3.10 cardinal and adjusted nett income of $3.70 billion, which led to adjusted net per stock of $1.48.

Marathon Petroleum (MPC) Beats Forecasts successful Q4 Results

Equinor ASA (NYSE:EQNR) reported accumulation maturation of 9% from beardown operational show portion maintaining outgo and superior discipline. It besides closed respective cardinal strategical milestones successful the quarter, including 7 commercialized discoveries connected the NCS and the commencement of drilling astatine the Raia state tract successful Brazil.

Equinor ASA (NYSE:EQNR) explores, transports, produces, refines, and markets petroleum and petroleum-derived products. The company’s operations are divided into the pursuing segments: Exploration and Production Norway, Exploration and Production International, Exploration and Production USA, Marketing, Midstream, Processing, Renewables, and Other.

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