Equinor reported fourth-quarter results that exceeded expectations, prompting the company to increase its oil production. Despite a 2.4% decline in stock price, Equinor announced a $5 billion share buyback and projected a 4% year-over-year growth in oil production for 2025. In related earnings reports, ConocoPhillips posted a fourth-quarter profit of $2.3 billion, or $1.90 per share, down from $3.0 billion, or $2.52 per share, in the same quarter of the previous year. The company’s adjusted earnings per share were $1.98, surpassing estimates of $1.83, and it anticipates production of 2.34 million to 2.38 million barrels of oil equivalent per day in 2025. Additionally, Johnson Controls International reported a first-quarter adjusted EPS of $0.64, beating the estimate of $0.59, with revenues of $5.43 billion, exceeding the expected $5.28 billion. The company raised its full-year guidance, projecting adjusted EPS of $3.50 to $3.60 for fiscal year 2025.