Equinor sees MMP profit at low end of range in Q4

OSLO (Reuters) – Norway’s Equinor said on Wednesday the adjusted fourth-quarter earnings of its Marketing, Midstream & Processing (MMP) unit was expected to be “around the low end of the guided range” of between $400 million and $800 million.

“The fourth quarter refining and liquids margins are reduced from 3Q,” Equinor said.

The disclosure was part of a quarterly release of information to analysts and investors, which the company typically makes a few weeks ahead of its earnings reports.

Equinor is due to report its overall October-December and full-year earnings on Feb. 7.

(Reporting by Terje Solsvik, editing by Louise Rasmussen)

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