Norway's state-controlled Equinor reported adjusted operating income of $11.48B (£8.6B) for the second quarter, nearly double the $6.54B (£4.9B) it made a year earlier. The war against Iran pushed oil and gas prices sharply higher.
The figure beat the $11.37B (£8.5B) consensus of 17 analysts compiled by the company. Net operating income more than doubled to $12.99B (£9.7B) from $5.72B (£4.3B), net income reached $4.84B (£3.6B), and shares in Oslo rose about 2% on the day.
