NYSE:EQNR

Equinor ASA (EQNR) Stock Price, News & Analysis

$26.97
-0.16 (-0.59%)
(As of 12:27 PM ET)
Today's Range
$26.82
$26.99
50-Day Range
$24.62
$28.23
52-Week Range
$24.44
$34.73
Volume
1.24 million shs
Average Volume
3.59 million shs
Market Capitalization
$84.20 billion
P/E Ratio
6.90
Dividend Yield
3.63%
Price Target
$28.25

Equinor ASA MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
4.2% Upside
$28.25 Price Target
Short Interest
Healthy
0.35% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.72mentions of Equinor ASA in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.53%
From $3.26 to $3.31 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.

1.98 out of 5 stars

Oils/Energy Sector

172nd out of 236 stocks

Petroleum Refining Industry

13th 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

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Equinor ASA (NYSE:EQNR) Sees Large Volume Increase
Equinor ASA (EQNR)
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Equinor Releases Overview of Share Buyback Program
Analyzing Equinor ASA (NYSE:EQNR) and Orlen (OTCMKTS:PSKOF)
2 High-Dividend Stocks I'd Buy Right Now
Equinor ASA: Share buy-back
Equinor ASA: Share buy-back
Equinor ASA: Share buy-back
Equinor presents 2023 Integrated annual report
Equinor ASA: Election to Equinor's board of directors
Election to Equinor's board of directors
Equinor ASA: Share buy-back
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Ex-Dividend for 2/27 Dividend
2/14/2024
Dividend Payable
2/27/2024
Today
4/22/2024
Next Earnings (Estimated)
5/02/2024
Ex-Dividend for 5/28 Dividend
5/15/2024
Dividend Payable
5/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
N/A
Employees
23,000
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$28.25
High Stock Price Target
$28.50
Low Stock Price Target
$28.00
Potential Upside/Downside
+4.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
8 Analysts

Profitability

Net Income
$11.89 billion
Pretax Margin
35.35%

Debt

Sales & Book Value

Annual Sales
$107.17 billion
Cash Flow
$6.68 per share
Book Value
$15.53 per share

Miscellaneous

Outstanding Shares
3,121,940,000
Free Float
3,121,630,000
Market Cap
$84.67 billion
Optionable
Optionable
Beta
0.85

Social Links

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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 a market cap of $83.12 billion, indicating a strong financial position in the market.
  • The company operates in various segments including renewables, which shows a commitment to sustainable energy solutions.
  • Equinor ASA has a diversified portfolio in exploration, production, transportation, refining, and marketing of petroleum and other energy forms, reducing risk exposure.
  • Despite recent fluctuations, Equinor ASA's stock price has shown stability, making it a potentially reliable investment option.
  • The company's focus on low carbon solutions and renewable energy projects positions it well for future growth in the evolving energy sector.

Cons

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

  • Equinor ASA reported an EPS of $0.64 for the last quarter, missing analysts' consensus estimates, indicating potential volatility in earnings.
  • The company's stock performance has shown a decline, with a twelve month low of $24.44, suggesting potential market challenges.
  • Equinor ASA's debt-to-equity ratio of 0.51 may raise concerns about its leverage and financial stability.
  • Analysts anticipate a lower EPS of 3.26 for the current fiscal year, signaling potential challenges in revenue growth.
  • The company's 200-day moving average price of $30.31 is below the current stock price, indicating a possible downward trend.
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 Wednesday, April 10, 2024. Please send any questions or comments about these Equinor ASA pros and cons to contact@marketbeat.com.

EQNR Stock Analysis - Frequently Asked Questions

Should I buy or sell Equinor ASA stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Equinor ASA in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" EQNR shares.
View EQNR analyst ratings
or view top-rated stocks.

What is Equinor ASA's stock price target for 2024?

8 brokers have issued 1-year price targets for Equinor ASA's stock. Their EQNR share price targets range from $28.00 to $28.50. On average, they predict the company's stock price to reach $28.25 in the next year. This suggests a possible upside of 4.2% from the stock's current price.
View analysts price targets for EQNR
or view top-rated stocks among Wall Street analysts.

How have EQNR shares performed in 2024?

Equinor ASA's stock was trading at $31.64 on January 1st, 2024. Since then, EQNR stock has decreased by 14.3% and is now trading at $27.12.
View the best growth stocks for 2024 here
.

Are investors shorting Equinor ASA?

Equinor ASA saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 11,200,000 shares, a decline of 11.3% from the February 29th total of 12,620,000 shares. Based on an average daily volume of 3,430,000 shares, the short-interest ratio is currently 3.3 days. Approximately 0.4% of the company's shares are short sold.
View Equinor ASA's Short Interest
.

When is Equinor ASA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our EQNR earnings forecast
.

How were Equinor ASA's earnings last quarter?

Equinor ASA (NYSE:EQNR) released its quarterly earnings results on Wednesday, February, 7th. The company reported $0.64 EPS for the quarter, missing analysts' consensus estimates of $1.08 by $0.44. The company earned $29.05 billion during the quarter, compared to analyst estimates of $27.35 billion. Equinor ASA had a trailing twelve-month return on equity of 20.32% and a net margin of 11.09%.

How often does Equinor ASA pay dividends? What is the dividend yield for Equinor ASA?

Equinor ASA announced a quarterly dividend on Tuesday, March 26th. Investors of record on Thursday, May 16th will be paid a dividend of $0.30 per share on Tuesday, May 28th. This represents a $1.20 annualized dividend and a dividend yield of 4.42%. The ex-dividend date of this dividend is Wednesday, May 15th.
Read our dividend analysis for EQNR
.

Is Equinor ASA a good dividend stock?

Equinor ASA (NYSE:EQNR) pays an annual dividend of $0.98 per share and currently has a dividend yield of 3.58%. The dividend payout ratio is 25.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EQNR will have a dividend payout ratio of 29.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EQNR.

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.

What other stocks do shareholders of Equinor ASA own?

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

Who are Equinor ASA's major shareholders?

Equinor ASA's stock is owned by many different retail and institutional investors. Top institutional investors include Folketrygdfondet (3.37%), Sarasin & Partners LLP (0.02%), Legacy Wealth Asset Management LLC (0.00%), Naviter Wealth LLC (0.00%), SeaCrest Wealth Management LLC (0.00%) and First Trust Direct Indexing L.P. (0.00%).

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.

This page (NYSE:EQNR) was last updated on 4/23/2024 by MarketBeat.com Staff

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