Equinor (EQNR)
(Delayed Data from NYSE)
$24.86 USD
-0.26 (-1.04%)
Updated Sep 19, 2024 04:00 PM ET
After-Market: $24.86 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value D Growth F Momentum C VGM
Company Summary
Headquartered in Stavanger, Norway, Equinor ASA is one of the premier integrated energy companies in the world, with operations spreading across 30 countries. In Europe, the company is the second-largest supplier of natural gas. Equinor is also a leading seller of crude oil. Over the years, the company has developed its expertise to expand upstream operations outside of conventional offshore resources to the prolific shale oil and gas plays. Importantly, at 2023-end, the company had estimated proved reserves of 5.214 billion barrels of oil equivalent (Boe), reflecting an increase of 23 million Boe from 2022-end. The reserve replacement ratio ...
Company Summary
Headquartered in Stavanger, Norway, Equinor ASA is one of the premier integrated energy companies in the world, with operations spreading across 30 countries. In Europe, the company is the second-largest supplier of natural gas. Equinor is also a leading seller of crude oil. Over the years, the company has developed its expertise to expand upstream operations outside of conventional offshore resources to the prolific shale oil and gas plays. Importantly, at 2023-end, the company had estimated proved reserves of 5.214 billion barrels of oil equivalent (Boe), reflecting an increase of 23 million Boe from 2022-end. The reserve replacement ratio was 104% in 2023.
Notably, the integrated firm’s key strategy is to capitalize on the renewable energy space and to align its operations with the Paris Climate Agreement. Thus, to combat climate change, the company is investing actively in renewable energy projects, comprising power generations from solar and wind energy. Equinor expects to boost production capacities from renewables to 4 to 6 gigawatt (GW) by 2026. The company also aims to reduce the carbon intensity of its energy products by 50%, across its worldwide operations, by 2050.
Importantly, to reduce the net carbon intensity of its energy products, there has been heightened need for new technologies and innovation. This in turn boosts demand for the company’s research and development (R&D) projects. The company significantly boosted its low carbon share of R&D capital budget in the last few years.
Notably, the company’s emphasis on renewable energy over oil and gas business has become prominent when the energy major rebranded as Equinor in 2018 from Statoil after dropping ‘Oil’ from its name.
Equinor divides its operations into four main segments: Exploration & Production (E&P) Norway, E&P International, E&P USA and Marketing, Midstream & Processing (MMP).
General Information
Equinor ASA
FORUSBEEN 50
STAVANGER NORWAY, Q8 N 4035
Phone: 011-47-5199-0000
Fax: 011-47-5199-0050
Email: irpost@equinor.com
Industry | Oil and Gas - Refining and Marketing |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/25/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.75 |
Current Year EPS Consensus Estimate | 3.33 |
Estimated Long-Term EPS Growth Rate | 2.20 |
Exp Earnings Date | 10/25/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 25.12 |
52 Week High | 34.73 |
52 Week Low | 24.09 |
Beta | 0.83 |
20 Day Moving Average | 2,663,592.50 |
Target Price Consensus | 29.20 |
4 Week | -6.65 |
12 Week | -9.48 |
YTD | -20.61 |
4 Week | -6.61 |
12 Week | -11.74 |
YTD | -32.60 |
Shares Outstanding (millions) | 2,792.78 |
Market Capitalization (millions) | 70,154.66 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 4.74% |
Annual Dividend | $1.19 |
Payout Ratio | 0.34 |
Change in Payout Ratio | 0.02 |
Last Dividend Payout / Amount | 8/19/2024 / $0.59 |
Fundamental Ratios
P/E (F1) | 7.55 |
Trailing 12 Months | 7.48 |
PEG Ratio | 3.43 |
vs. Previous Year | 13.51% |
vs. Previous Quarter | -12.50% |
vs. Previous Year | 11.66% |
vs. Previous Quarter | 1.60% |
Price/Book | 1.61 |
Price/Cash Flow | 3.52 |
Price / Sales | 0.66 |
6/30/24 | 20.65 |
3/31/24 | 19.67 |
12/31/23 | 20.32 |
6/30/24 | 7.12 |
3/31/24 | 6.92 |
12/31/23 | 7.21 |
6/30/24 | 1.53 |
3/31/24 | 1.88 |
12/31/23 | 1.71 |
6/30/24 | 1.43 |
3/31/24 | 1.76 |
12/31/23 | 1.60 |
6/30/24 | 9.33 |
3/31/24 | 9.40 |
12/31/23 | 9.68 |
6/30/24 | 9.11 |
3/31/24 | 9.30 |
12/31/23 | 11.09 |
6/30/24 | 30.57 |
3/31/24 | 31.21 |
12/31/23 | 35.35 |
6/30/24 | 15.65 |
3/31/24 | 17.01 |
12/31/23 | 16.47 |
6/30/24 | 13.05 |
3/31/24 | 12.24 |
12/31/23 | 12.33 |
6/30/24 | 0.53 |
3/31/24 | 0.48 |
12/31/23 | 0.51 |
6/30/24 | 34.60 |
3/31/24 | 32.63 |
12/31/23 | 33.58 |