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FINWIRES

Equinor Posts Higher Q1 Attributable Net Income; Total Revenue, Other Income Decline

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-- Equinor (EQNR.OL) said Wednesday its attributable net income in the first quarter increased, while revenue declined year over year.

Net income attributable to equity holders for the three months ended March 31 was $3.11 billion, compared with $2.63 billion earlier. EPS moved to $1.24 from $0.96.

The Norwegian energy company's total revenue and other income were $27.84 billion, compared with $29.92 billion a year ago.

Meanwhile, the board declared a cash dividend of $0.39 per share for the quarter, payable Aug. 27. It paid $0.37 per share in the year-ago period.

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