EQNR is trading 21.9% up at $38.51 in after-hours trading as investor attention shifts to significant updates regarding shareholder returns and core production growth.
- Equinor has doubled its 2026 share buyback target to $3 billion, a move that has significantly bolstered investor sentiment.
- The company announced a new investment to increase gas output at the Troll field, reinforcing its long-term production strategy.
- The sharp move higher comes despite the stock facing a weak technical setup earlier in the week.