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 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.
Analyst Outlook | Delve into mixed analyst perspectives, with price targets ranging from NOK 270 to $300, reflecting both optimism and caution about Equinor's future prospects |
Market Challenges | Learn how Equinor navigates lower European gas prices and changing market dynamics, balancing traditional oil and gas operations with renewable investments |
Financial Strength | Discover Equinor's robust financial position, with more cash than debt and an impressive 41.1% gross profit margin on $104.8 billion in annual revenue |
Energy Transition | Explore Equinor's strategic shift towards renewable energy, including its recent acquisition of a 10% stake in offshore wind developer Orsted |
Metrics to compare | EQNR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipEQNRPeersSector | |
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P/E Ratio | 7.3x | 10.4x | 4.6x | |
PEG Ratio | −3.11 | −0.31 | 0.00 | |
Price / Book | 1.4x | 1.1x | 1.1x | |
Price / LTM Sales | 0.6x | 1.2x | 1.1x | |
Upside (Analyst Target) | 21.0% | 14.6% | 33.5% | |
Fair Value Upside | Unlock | 28.0% | 12.9% | Unlock |