Equinor is trading 4% up at NOK 358.70 today, outperforming the broader market as rising oil prices and an aggressive capital-return strategy boost investor sentiment.
- Energy stocks are gaining ground due to firmer crude prices, driven by escalating U.S.–Iran tensions and potential supply disruptions in critical shipping lanes.
- The company recently completed the second tranche of its 2026 share buy-back program and announced plans to double buybacks for 2026, providing a strong tailwind for the stock.