OB:EQNR

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Executive Summary

Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. More Details


Snowflake Analysis

Reasonable growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Equinor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EQNR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.0%

EQNR

-1.9%

NO Oil and Gas

-1.8%

NO Market


1 Year Return

-26.0%

EQNR

-29.6%

NO Oil and Gas

-10.3%

NO Market

Return vs Industry: EQNR matched the Norwegian Oil and Gas industry which returned -26.3% over the past year.

Return vs Market: EQNR underperformed the Norwegian Market which returned -7.7% over the past year.


Shareholder returns

EQNRIndustryMarket
7 Day-2.0%-1.9%-1.8%
30 Day-8.7%-7.6%-0.6%
90 Day-10.4%-10.8%0.3%
1 Year-21.9%-26.0%-25.6%-29.6%-7.2%-10.3%
3 Year-7.8%-19.9%-8.4%-20.1%-0.9%-11.8%
5 Year21.1%-5.4%20.9%-4.0%41.6%12.9%

Price Volatility Vs. Market

How volatile is Equinor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Equinor undervalued compared to its fair value and its price relative to the market?

34.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EQNR (NOK129.5) is trading below our estimate of fair value (NOK197.41)

Significantly Below Fair Value: EQNR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EQNR is unprofitable, so we can't compare its PE Ratio to the NO Oil and Gas industry average.

PE vs Market: EQNR is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EQNR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EQNR is overvalued based on its PB Ratio (1.3x) compared to the NO Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is Equinor forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

40.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EQNR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: EQNR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EQNR's is expected to become profitable in the next 3 years.

Revenue vs Market: EQNR's revenue (6.8% per year) is forecast to grow faster than the Norwegian market (5.4% per year).

High Growth Revenue: EQNR's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EQNR's Return on Equity is forecast to be low in 3 years time (12.8%).


Next Steps

Past Performance

How has Equinor performed over the past 5 years?

48.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EQNR is currently unprofitable.

Growing Profit Margin: EQNR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EQNR is unprofitable, but has reduced losses over the past 5 years at a rate of 48.6% per year.

Accelerating Growth: Unable to compare EQNR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EQNR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (699.5%).


Return on Equity

High ROE: EQNR has a negative Return on Equity (-6.44%), as it is currently unprofitable.


Next Steps

Financial Health

How is Equinor's financial position?


Financial Position Analysis

Short Term Liabilities: EQNR's short term assets ($28.1B) exceed its short term liabilities ($16.0B).

Long Term Liabilities: EQNR's short term assets ($28.1B) do not cover its long term liabilities ($63.2B).


Debt to Equity History and Analysis

Debt Level: EQNR's debt to equity ratio (92.5%) is considered high.

Reducing Debt: EQNR's debt to equity ratio has increased from 72.4% to 92.5% over the past 5 years.

Debt Coverage: EQNR's debt is well covered by operating cash flow (34.5%).

Interest Coverage: EQNR is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Equinor current dividend yield, its reliability and sustainability?

2.56%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: EQNR's dividend (2.56%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.49%).

High Dividend: EQNR's dividend (2.56%) is low compared to the top 25% of dividend payers in the Norwegian market (6.53%).


Stability and Growth of Payments

Stable Dividend: EQNR's dividend payments have been volatile in the past 10 years.

Growing Dividend: EQNR's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: EQNR is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: EQNR's dividends in 3 years are forecast to be covered by earnings (53.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Eldar Sætre (64 yo)

6yrs

Tenure

US$1,737,000

Compensation

Mr. Eldar Sætre has been the Chief Executive Officer and President of Equinor ASA (formerly known as Statoil ASA) since October 15, 2014. Mr. Sætre served as an Interim President the Chief Executive Office ...


CEO Compensation Analysis

Compensation vs Market: Eldar's total compensation ($USD1.74M) is above average for companies of similar size in the Norwegian market ($USD1.32M).

Compensation vs Earnings: Eldar's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Eldar Sætre
President & CEO6yrsUS$1.74m0.0029%
$ 12.4m
Lars Bacher
Executive VP & CFO2.17yrsUS$877.00k0.0011%
$ 4.7m
Jannicke Nilsson
Executive VP & COO3.83yrsUS$757.00k0.0016%
$ 6.9m
Irene Rummelhoff
Executive Vice President of Marketing2.17yrsUS$827.00k0.0012%
$ 5.1m
Margareth Ovrum
Executive Vice President of Development & Production Brazil2yrsUS$1.11m0.0023%
$ 9.7m
Torgrim Reitan
Executive Vice President of Development & Production International9.75yrsUS$905.00k0.0017%
$ 7.2m
Arne Nylund
Executive Vice President of Development & Production - Norway6.75yrsUS$889.00k0.00075%
$ 3.2m
Anders Opedal
Executive Vice President2yrsUS$882.00k0.00099%
$ 4.2m
Pål Eitrheim
Executive Vice President of New Energy Solutions2.17yrsUS$669.00k0.00051%
$ 2.2m
Alasdair Cook
Executive Vice President of Global Strategy & Business Development2.42yrsUS$1.37m0.000090%
$ 385.6k
Christer Af Geijerstam
presidentno datano datano data
Morten Haukaas
Chief Accountantno datano datano data

2.3yrs

Average Tenure

54yo

Average Age

Experienced Management: EQNR's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tore Loseth
EVP of Exploration & Member of Corporate Executive Committee0.33yrno datano data
Jeroen van der Veer
Independent Deputy Chairman1.25yrsUS$101.00k0.00018%
$ 771.1k
Jon Erik Reinhardsen
Independent Chair of the Board3.08yrsUS$110.00k0.00014%
$ 599.8k
Rebekka Herlofsen
Independent Director5.58yrsUS$62.00kno data
Per Ødegård
Observer26.75yrsno data0.000030%
$ 128.5k
Jonathan Lewis
Independent Director2.25yrsUS$93.00kno data
Nils Bastiansen
Deputy Chairman of Corporate Assemblyno datano datano data
Tone Cathrine Bakker
Chair of Corporate Assembly4.75yrsno datano data
Stig Lægreid
Employee-elected Director7.25yrsUS$56.00k0.000060%
$ 257.0k
Bjørn Godal
Independent Director10.08yrsUS$67.00kno data
Per Labråten
Employee-elected Director3.33yrsUS$56.00k0.000070%
$ 299.9k
Hilde Møllerstad
Employee Representative Director1.33yrsUS$32.00k0.00025%
$ 1.1m

3.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: EQNR's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Equinor ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Equinor ASA
  • Ticker: EQNR
  • Exchange: OB
  • Founded: 1972
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Market Cap: kr428.404b
  • Shares outstanding: 3.26b
  • Website: https://www.equinor.com

Number of Employees


Location

  • Equinor ASA
  • Forusbeen 50
  • Stavanger
  • Rogaland
  • 4035
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EQNRNYSE (New York Stock Exchange)SPONSORED ADRUSUSDJun 2001
EQNROB (Oslo Bors)YesCommon StockNONOKJun 2001
DNQADB (Deutsche Boerse AG)SPONSORED ADRDEEURJun 2001
DNQDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2001
STOH.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2001
0M2ZLSE (London Stock Exchange)YesCommon StockGBNOKJun 2001
EQNROBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBNOKJun 2001
EQNR NBMV (Bolsa Mexicana de Valores)SPONSORED ADRMXMXNJun 2001
0L9HLSE (London Stock Exchange)SPONSORED ADRGBUSDJun 2001

Biography

Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company opera ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 20:48
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.