Equinor ASA operates as an energy company in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; and Renewables segments. The company engages in the discovery and appraisal of new resources, as well as commercial development and operation of the oil and gas portfolios; oil and gas field development, well deliveries, and sourcing; research, technology development, specialist advisory services, digitalization, IT, improvement, innovation, and ventures and future business; and developing, exploring, investing in, and operating areas within renewable energy, such as offshore wind, green hydrogen, storage solutions, and solar power. It is also involved in the marketing, trading, processing, and transportation of crude oil and condensate, natural gas, NGL and refined products, including refineries, terminals, and processing plant operation; power and emissions trading; development of transportation solutions for natural gas, liquids, and crude oil, including pipelines, shipping, trucking, and rail; and provision of low carbon solutions. 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 | |
|---|---|---|---|---|
P/E Ratio | 18.4x | 14.8x | 6.9x | |
PEG Ratio | −0.50 | −1.24 | 0.00 | |
Price / Book | 2.3x | 2.1x | 1.1x | |
Price / LTM Sales | 0.9x | 2.1x | 1.5x | |
Upside (Analyst Target) | 2.2% | 2.5% | 16.1% | |
Fair Value Upside | Unlock | 11.3% | 4.8% | Unlock |