Free Trial
NYSE:EQNR

Equinor ASA (EQNR) Stock Price, News & Analysis

$24.93
-0.38 (-1.50%)
(As of 09/6/2024 ET)
Today's Range
$24.88
$25.41
50-Day Range
$24.92
$29.00
52-Week Range
$24.44
$34.73
Volume
3.36 million shs
Average Volume
2.44 million shs
Market Capitalization
$69.62 billion
P/E Ratio
7.72
Dividend Yield
4.77%
Price Target
$26.90

Equinor ASA MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
7.9% Upside
$26.90 Price Target
Short Interest
Healthy
0.51% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.60mentions of Equinor ASA in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.66%
From $3.38 to $3.29 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.04 out of 5 stars

Oils/Energy Sector

211th out of 239 stocks

Petroleum Refining Industry

15th out of 17 stocks

EQNR stock logo

About Equinor ASA Stock (NYSE:EQNR)

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. The company also transports, processes, manufactures, markets, and trades in oil and gas commodities, such as crude and condensate products, gas liquids, natural gas, and liquefied natural gas; trades in power and emissions; operates refineries, terminals and processing, and power plants; and develops low carbon solutions for oil and gas. In addition, it develops carbon capture and storage projects; provides transportation solutions, including pipelines, shipping, trucking, and rail; and develops and explores for renewable energy, such as offshore wind, green hydrogen, and solar power. 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.

EQNR Stock Price History

EQNR Stock News Headlines

Why Equinor Stock Tumbled by 5% on Tuesday
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Equinor ASA: Share buy-back
Equinor ASA (NYSE:EQNR) Stock Price Down 2.3%
Morgan Stanley Lowers Equinor ASA (NYSE:EQNR) to Underweight
Equinor ASA (NYSE:EQNR) Downgraded by StockNews.com to Buy
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Brokerages Set Equinor ASA (NYSE:EQNR) PT at $28.25
Equinor ASA: Share buy-back
See More Headlines
Receive EQNR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Equinor ASA and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/28 Dividend
8/19/2024
Dividend Payable
8/28/2024
Today
9/07/2024
Next Earnings (Estimated)
10/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Petroleum And Natural Gas
Employees
23,000
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$26.90
High Stock Price Target
$28.00
Low Stock Price Target
$25.80
Potential Upside/Downside
+7.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
8 Analysts

Profitability

Net Income
$11.89 billion
Pretax Margin
30.57%

Debt

Sales & Book Value

Annual Sales
$107.17 billion
Cash Flow
$7.00 per share
Book Value
$15.65 per share

Miscellaneous

Outstanding Shares
2,792,780,000
Free Float
2,944,439,000
Market Cap
$69.62 billion
Optionable
Optionable
Beta
0.83

Social Links

7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

Key Executives

  • Mr. Anders OpedalMr. Anders Opedal (Age 56)
    President & CEO
    Comp: $1.67M
  • Mr. Torgrim Reitan (Age 55)
    Executive VP & CFO
    Comp: $787k
  • Mr. Jannik Lindbaek Jr. (Age 59)
    Executive Vice President for Communication
    Comp: $527k
  • Ms. Irene Rummelhoff (Age 57)
    Executive Vice President of Marketing, Midstream & Processing
    Comp: $731k
  • Mr. Aksel Stenerud (Age 61)
    Executive Vice President for the People & Organization
    Comp: $550k
  • Mr. Kjetil Hove (Age 59)
    Executive Vice President of Exploration & Production Norway
    Comp: $859k
  • Mr. Mathieu Francois Philippe
    Executive VP of Exploration & Production International
  • Mr. Pal Eitrheim (Age 53)
    Executive Vice President of Renewables (REN)
    Comp: $691k
  • Ms. Jannicke Nilsson (Age 59)
    Executive Vice President of Safety, Security & Sustainability (SSU)
    Comp: $674k
  • Mr. Geir Tungesvik (Age 63)
    Executive Vice President of Projects, Drilling & Procurement Business
    Comp: $675k

Should I Buy Equinor ASA Stock? EQNR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Equinor ASA:

  • Equinor ASA has shown consistent growth in revenue and earnings, with a positive EPS surprise in the latest quarterly report, indicating strong financial performance.
  • The company has a healthy return on equity of 20.65%, reflecting efficient utilization of shareholder funds to generate profits.
  • Equinor ASA's stock price has been relatively stable, providing a sense of security for investors looking for a less volatile investment option.
  • With a market capitalization of $80.27 billion, Equinor ASA is a well-established player in the energy sector, offering stability and long-term growth potential.
  • The company's current ratio of 1.53 and quick ratio of 1.43 indicate strong liquidity positions, reducing the risk of financial distress.

Cons

Investors should be bearish about investing in Equinor ASA for these reasons:

  • Equinor ASA has received mixed ratings from analysts, with some issuing sell ratings, potentially signaling uncertainties about future performance.
  • The company's PEG ratio of 3.77 suggests that the stock may be overvalued relative to its expected earnings growth, posing a risk for investors seeking undervalued opportunities.
  • Equinor ASA's beta of 0.84 indicates lower volatility compared to the market, which may limit potential returns for investors seeking higher-risk investments.
  • Despite recent upgrades to a neutral rating, the stock has faced price target reductions, indicating potential challenges in achieving significant price appreciation in the near term.
  • Investors should consider the impact of the debt-to-equity ratio of 0.53 on Equinor ASA's financial leverage, as higher debt levels can increase financial risks during economic downturns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 13, 2024. Please send any questions or comments about these Equinor ASA pros and cons to contact@marketbeat.com.

EQNR Stock Analysis - Frequently Asked Questions

How have EQNR shares performed this year?

Equinor ASA's stock was trading at $31.64 at the beginning of the year. Since then, EQNR stock has decreased by 21.2% and is now trading at $24.93.
View the best growth stocks for 2024 here
.

How were Equinor ASA's earnings last quarter?

Equinor ASA (NYSE:EQNR) posted its earnings results on Wednesday, July, 24th. The company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.03. The company had revenue of $25.54 billion for the quarter, compared to analysts' expectations of $25.93 billion. Equinor ASA had a trailing twelve-month return on equity of 20.65% and a net margin of 9.11%.

What is Eldar Sætre's approval rating as Equinor ASA's CEO?

131 employees have rated Equinor ASA Chief Executive Officer Eldar Sætre on Glassdoor.com. Eldar Sætre has an approval rating of 70% among the company's employees.

Who are Equinor ASA's major shareholders?

Equinor ASA's top institutional investors include Earnest Partners LLC (0.13%), Teachers Retirement System of The State of Kentucky (0.03%), Sei Investments Co. (0.03%) and Sarasin & Partners LLP (0.02%).

How do I buy shares of Equinor ASA?

Shares of EQNR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Equinor ASA own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Equinor ASA investors own include Cisco Systems (CSCO), Boeing (BA), Walt Disney (DIS), Enterprise Products Partners (EPD), NVIDIA (NVDA), Pfizer (PFE) and AT&T (T).

This page (NYSE:EQNR) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners