Equinor Stock Reaches New High on Strong Earnings and LNG Expansion Plans
Equinor ASA's stock price is trading near its 52-week high as of September 16, 2026, due to strong Q2 2026 earnings and an ambitious liquefied natural gas expansion strategy. The company reported an adjusted operating income of $11.0 billion before tax in the second quarter, supported by higher energy prices and increased production volumes.
The year-to-date IFRS net income reached $4.8 billion in Q2 2026, highlighting Equinor's ability to convert elevated commodity prices into robust profitability compared with the prior year's lower earnings base.
Equinor plans to expand its LNG supply portfolio to between 10 million and 15 million metric tons per year early in the next decade, aiming to balance near-term cash generation with longer-term gas-focused growth in markets that remain structurally tight.