Equinor(US:EQNR)2024-07-24 14:12Financial Performance - Adjusted operating income reached $7.5 billion in 2Q 2024[13] - Net income for 2Q 2024 was $1.9 billion[13] - Cash flow from operations after tax was $1.9 billion in 2Q 2024 and $7.7 billion year-to-date[13, 2] - The company expects a total capital distribution of $14 billion in 2024[2] Production and Operations - Equity production was supported by the Buzzard field in the UK and new wells, offset by lower production in the US[8] - Renewable assets in operation contributed $41 million in adjusted operating income[21] - Strong production and operational performance on the NCS (Norwegian Continental Shelf) was supported by Troll and Oseberg and ramp up of new fields[18] - Renewables power production growth ~70% from 2023-24[26] Capital Distribution and Investments - Significant capital distribution of $2.5 billion in 2Q 2024[42] - Organic capex was $2.9 billion[22] - The company has cash, cash equivalents, and financial investments of $32 billion[42] Safety - Total Recordable Injury Frequency (TRIF) and Serious Incident Frequency (SIF) data are provided, indicating safety performance[4, 16]