S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?

Equinor ASA (EQNR) Stock Price, News & Analysis

$26.90
+0.28 (+1.05%)
(As of 03/27/2024 ET)
Today's Range
$26.46
$26.91
50-Day Range
$24.62
$29.48
52-Week Range
$24.44
$34.73
Volume
2.95 million shs
Average Volume
3.65 million shs
Market Capitalization
$84.00 billion
P/E Ratio
6.88
Dividend Yield
3.64%
Price Target
$28.25

Equinor ASA MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
5.0% Upside
$28.25 Price Target
Short Interest
Healthy
0.38% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.56mentions of Equinor ASA in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-3.37%
From $3.26 to $3.15 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.

1.37 out of 5 stars

Oils/Energy Sector

200th out of 239 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; markets and 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

Equinor ASA: Share buy-back
Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
Equinor presents 2023 Integrated annual report
Equinor ASA: Election to Equinor's board of directors
Election to Equinor's board of directors
Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
Equinor ASA: Share buy-back
March's Energy Stock Sizzlers: 3 Picks Ready to Ignite
How to build financial resilience when you're renting
Recommendation from Equinor's nomination committee
Equinor ASA: Share buy-back
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
2/07/2024
Ex-Dividend for 2/27 Dividend
2/14/2024
Dividend Payable
2/27/2024
Today
3/28/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
N/A
Employees
21,936
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
+5.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
10 Analysts

Profitability

Net Income
$11.89 billion
Pretax Margin
35.35%

Debt

Sales & Book Value

Annual Sales
$107.17 billion
Cash Flow
$6.66 per share
Book Value
$15.53 per share

Miscellaneous

Outstanding Shares
3,121,940,000
Free Float
3,121,630,000
Market Cap
$84.00 billion
Optionable
Optionable
Beta
0.84

Social Links

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

  • Mr. Anders OpedalMr. Anders Opedal (Age 56)
    President & CEO
    Comp: $1.74M
  • Mr. Torgrim Reitan (Age 55)
    Executive VP & CFO
    Comp: $210k
  • Ms. Hege Skryseth (Age 57)
    Executive Vice President of Technology, Digital & Innovation
    Comp: $387k
  • Ms. Siv Helen Rygh Torstensen (Age 54)
    Executive Vice President of Legal & Compliance (LEG)
    Comp: $602k
  • Mr. Jannik Lindbaek Jr. (Age 59)
    Executive Vice President for Communication
    Comp: $469k
  • Ms. Irene Rummelhoff (Age 57)
    Executive Vice President of Marketing, Midstream & Processing
    Comp: $825k
  • Mr. Aksel Stenerud (Age 61)
    Executive Vice President for the People & Organization
    Comp: $502k
  • Mr. Kjetil Hove (Age 59)
    Executive Vice President of Exploration & Production Norway
    Comp: $913k
  • Mr. Pal Eitrheim (Age 53)
    Executive Vice President of Renewables (REN)
    Comp: $687k
  • Ms. Jannicke Nilsson (Age 59)
    Executive Vice President of Safety, Security & Sustainability (SSU)
    Comp: $734k

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Equinor ASA was last updated on Monday, March 25, 2024 at 11:10 AM.

Pros

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

  • Equinor ASA reported a strong return on equity of 20.32%, indicating efficient use of shareholder funds.
  • The company's net margin of 11.09% showcases its ability to generate profits from its operations.
  • Equinor ASA's revenue exceeded analyst estimates, demonstrating strong financial performance.
  • Institutional investors have been increasing their stakes in Equinor ASA, indicating confidence in the company's future prospects.
  • Equinor ASA's dividend yield of 4.87% provides investors with a steady income stream.

Cons

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

  • The company's recent earnings report showed a miss on earnings per share, which may raise concerns about profitability.
  • Equinor ASA's dividend payout ratio of 25.06% indicates a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment for growth.
  • Analysts' expectations for Equinor ASA's EPS for the current fiscal year are lower than previous estimates, suggesting potential challenges ahead.
  • Market volatility and fluctuations in oil prices could impact Equinor ASA's financial performance and stock price.
  • Investing in energy companies like Equinor ASA carries inherent risks related to regulatory changes, environmental concerns, and geopolitical factors.

EQNR Stock Analysis - Frequently Asked Questions

Should I buy or sell Equinor ASA stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinor ASA in the last twelve months. There are currently 4 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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?

10 Wall Street analysts have issued 12-month price targets for Equinor ASA's stock. Their EQNR share price targets range from $28.00 to $28.50. On average, they anticipate the company's share price to reach $28.25 in the next twelve months. This suggests a possible upside of 5.0% 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 15.0% and is now trading at $26.9050.
View the best growth stocks for 2024 here
.

Are investors shorting Equinor ASA?

Equinor ASA saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 11,200,000 shares, a decrease 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 presently 3.3 days. Approximately 0.4% of the shares of the stock 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) announced 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 firm had revenue of $29.05 billion for the quarter, compared to the consensus estimate of $27.35 billion. Equinor ASA had a net margin of 11.09% and a trailing twelve-month return on equity of 20.32%.

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

Equinor ASA declared a quarterly dividend on Wednesday, March 27th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.30 per share on Tuesday, May 28th. This represents a $1.20 annualized dividend and a dividend yield of 4.46%. The ex-dividend date 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 3.60%. The company does not yet have a strong track record of dividend growth. 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 31.11% 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 shareholders include Folketrygdfondet (3.46%), Goldman Sachs Group Inc. (0.11%), Goldman Sachs Group Inc. (0.11%), Wellington Management Group LLP (0.09%), Todd Asset Management LLC (0.06%) and Teachers Retirement System of The State of Kentucky (0.03%).

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 3/28/2024 by MarketBeat.com Staff

From Our Partners