Equinor ASA operates as an energy company in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; and Renewables segments. The company engages in the discovery and appraisal of new resources, as well as commercial development and operation of the oil and gas portfolios; oil and gas field development, well deliveries, and sourcing; research, technology development, specialist advisory services, digitalization, IT, improvement, innovation, and ventures and future business; and developing, exploring, investing in, and operating areas within renewable energy, such as offshore wind, green hydrogen, storage solutions, and solar power. It is also involved in the marketing, trading, processing, and transportation of crude oil and condensate, natural gas, NGL and refined products, including refineries, terminals, and processing plant operation; power and emissions trading; development of transportation solutions for natural gas, liquids, and crude oil, including pipelines, shipping, trucking, and rail; and provision of low carbon solutions. The company was formerly known as Statoil ASA and changed its name to Equinor ASA in May 2018. Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway.
Energy Transition | Explore Equinor's strategic shift towards renewable energy, highlighted by its recent 10% stake acquisition in offshore wind developer Orsted |
Financial Resilience | Delve into Equinor's robust financial health, with a "GREAT" overall score and impressive revenues of $104.8 billion in the last twelve months |
Market Challenges | Uncover the potential impact of subdued European gas prices on Equinor's revenue streams and the company's strategies to navigate this headwind |
Investor Outlook | Learn about Equinor's evolving dividend policy, with special payments likely to cease in 2025, and its implications for investor appeal and stock valuation |
Metrics to compare | EQNR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipEQNRPeersSector | |
|---|---|---|---|---|
P/E Ratio | 17.3x | 13.9x | 7.0x | |
PEG Ratio | −0.46 | −1.09 | 0.00 | |
Price/Book | 2.2x | 1.8x | 1.1x | |
Price / LTM Sales | 0.8x | 2.1x | 1.5x | |
Upside (Analyst Target) | 9.5% | 12.1% | 18.5% | |
Fair Value Upside | Unlock | 15.6% | 6.0% | Unlock |