Equinor Reduces Share Buyback as Quarterly Earnings Tumble

Equinor ASA reined in its share buyback after fourth-quarter profit missed analyst estimates amid a drop in oil and gas prices.

The Norwegian energy giant will repurchase as much as $1.5 billion of shares this year, down from $5 billion in 2025, the company said Wednesday. Profit slumped by almost a third year-on-year.