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.
Snowflake
Fundamentals
Undervalued with solid track record.
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
Market Performance
7 Day Return
2.9%
OB:EQNR
3.1%
NO Oil and Gas
1.5%
NO Market
1 Year Return
-29.5%
OB:EQNR
-27.8%
NO Oil and Gas
-14.8%
NO Market
EQNR underperformed the Oil and Gas industry which returned -27.8% over the past year.
EQNR underperformed the Market in Norway which returned -14.8% over the past year.
Share holder returns
| EQNR | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.9% | 3.1% | 1.5% |
| 30 Day | -5.3% | -6.4% | -3.8% |
| 90 Day | -10.8% | -10.6% | -5.3% |
| 1 Year | -26.1%-29.5% | -24.3%-27.8% | -10.0%-14.8% |
| 3 Year | 31.0%14.3% | 38.2%21.2% | 38.1%19.9% |
| 5 Year | 11.1%-12.8% | 17.7%-6.8% | 38.6%6.9% |
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
2 days ago | Simply Wall St
Boasting A 18% Return On Equity, Is Equinor ASA (OB:EQNR) A Top Quality Stock?1 week ago | Simply Wall St
Why You Might Be Interested In Equinor ASA (OB:EQNR) For Its Upcoming Dividend1 week ago | Simply Wall St
Is Equinor ASA (OB:EQNR) Trading At A 39% Discount?Valuation
Is Equinor undervalued based on future cash flows and its price relative to the stock market?
41%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Equinor's share price is below the future cash flow value, and at a moderate discount (> 20%).
Equinor's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Equinor is good value based on earnings compared to the NO Oil and Gas industry average.
Equinor is good value based on earnings compared to the Norway market.
Price Based on Expected Growth
Equinor is good value based on expected growth next year.
Price Based on Value of Assets
Equinor is overvalued based on assets compared to the NO Oil and Gas industry average.
Next Steps
Future Growth
How is Equinor expected to perform in the next 1 to 3 years based on estimates from 24 analysts?
7.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Equinor's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).
Equinor's earnings are expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).
Equinor's revenue growth is expected to exceed the Norway market average.
Equinor's earnings growth is positive but not above the Norway market average.
Equinor's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Earnings per Share Growth Estimates
Future Return on Equity
Equinor is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Equinor performed over the past 5 years?
27.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Equinor has delivered over 20% year on year earnings growth in the past 5 years.
Equinor's 1-year earnings growth exceeds its 5-year average (78.7% vs 27.4%)
Equinor's earnings growth has exceeded the NO Oil and Gas industry average in the past year (78.7% vs 51.4%).
Return on Equity
Equinor has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Equinor used its assets more efficiently than the NO Oil and Gas industry average last year based on Return on Assets.
Return on Capital Employed
Equinor has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Equinor's financial position?
Financial Position Analysis
Equinor is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Equinor's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Equinor's level of debt (57.5%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (50.4% vs 57.5% today).
Debt is well covered by operating cash flow (67.2%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 110.5x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.1x debt.
Next Steps
Dividend
What is Equinor's current dividend yield, its reliability and sustainability?
6.49%
Expected Dividend Yield
Upcoming Dividend Payment
Purchase Equinor before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield and Payments Analysis
Equinor's pays a higher dividend yield than the bottom 25% of dividend payers in Norway (2.72%).
Equinor's dividend is below the markets top 25% of dividend payers in Norway (6.42%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have fallen over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
Next Steps
Management
What is the CEO of Equinor's salary, the management and board of directors tenure and is there insider trading?
1.8yrs
Average management tenure
CEO
Eldar Sætre (63yo)
4.8yrs
Tenure
US$2,068,000
Compensation
Mr. Eldar Sætre has been the Chief Executive Officer and President of Statoil ASA since October 15, 2014. Mr. Sætre served as an Interim President the Chief Executive Officer of Statoil ASA from October 20 ...
CEO Compensation Analysis
Eldar's remuneration is about average for companies of similar size in Norway.
Eldar's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
1.8yrs
Average Tenure
54.5yo
Average Age
The average tenure for the Equinor management team is less than 2 years, this suggests a new team.
Board Age and Tenure
4.0yrs
Average Tenure
57.5yo
Average Age
The tenure for the Equinor board of directors is about average.
Insider Trading
More shares have been bought than sold by Equinor individual insiders in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 3,400 |
| Max Price | US$148.50 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | US$159.76 |
| Entity | Company |
| Shares | 689,472 |
| Max Price | US$147.06 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Development & Production International |
| Shares | 7,500 |
| Max Price | US$149.47 |
| Entity | Individual |
| Role | Vice Chairman Deputy Chairman |
| Shares | 3,000 |
| Max Price | US$158.83 |
| Entity | Individual |
| Shares | 2,500 |
| Max Price | US$159.79 |
| Entity | Individual |
| Role | Chairman of the Board Chair of the Board |
| Shares | 2,000 |
| Max Price | US$159.50 |
| Entity | Individual |
| Role | Chief Executive Officer President & CEO |
| Shares | 6,000 |
| Max Price | US$159.82 |
| Entity | Company |
| Shares | 592,725 |
| Max Price | US$171.10 |
| Entity | Company |
| Shares | 557,325 |
| Max Price | US$182.08 |
| Entity | Company |
| Shares | 515,865 |
| Max Price | US$196.32 |
| Entity | Individual |
| Shares | 780 |
| Max Price | US$194.78 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of New Energy Solutions |
| Shares | 428 |
| Max Price | US$194.78 |
| Entity | Individual |
| Shares | 756 |
| Max Price | US$194.78 |
| Entity | Individual |
| Role | Head of Marketing Executive Vice President of Marketing |
| Shares | 702 |
| Max Price | US$194.78 |
| Entity | Individual |
| Role | Chief Operating Officer Executive VP & COO |
| Shares | 517 |
| Max Price | US$194.78 |
| Entity | Company |
| Shares | 521,209 |
| Max Price | US$192.16 |
| Entity | Company |
| Shares | 498,958 |
| Max Price | US$200.02 |
| Entity | Company |
| Shares | 515,550 |
| Max Price | US$191.21 |
| Entity | Company |
| Shares | 482,585 |
| Max Price | US$196.51 |
| Entity | Company |
| Shares | 459,974 |
| Max Price | US$205.56 |
| Entity | Individual |
| Shares | 3,833 |
| Max Price | US$212.22 |
| Entity | Company |
| Shares | 422,751 |
| Max Price | US$221.99 |
| Entity | Individual |
| Shares | 470 |
| Max Price | US$215.09 |
Ownership Breakdown
Management Team
Eldar Sætre (63yo)
President & CEO
- Tenure: 4.8yrs
- Compensation: US$2.07m
Margareth Øvrum (61yo)
Executive Vice President of Development & Production Brazil
- Tenure: 0.8yrs
- Compensation: US$919.00k
Tim Dodson (60yo)
Executive Vice President of Exploration
- Tenure: 8.6yrs
- Compensation: US$1.04m
Lars Bacher (55yo)
Executive VP & CFO
- Tenure: 1.0yrs
- Compensation: US$1.06m
Torgrim Reitan (50yo)
Executive Vice President of Development & Production International
- Tenure: 8.6yrs
- Compensation: US$1.21m
Irene Rummelhoff (52yo)
Executive Vice President of Marketing
- Tenure: 1.0yrs
- Compensation: US$926.00k
Jannicke Nilsson (54yo)
Executive VP & COO
- Tenure: 2.7yrs
- Compensation: US$891.00k
Arne Nylund (59yo)
Executive Vice President of Development & Production - Norway
- Tenure: 5.6yrs
- Compensation: US$1.00m
Anders Opedal (51yo)
Executive Vice President of Technology
- Tenure: 0.8yrs
- Compensation: US$439.00k
Pål Eitrheim (48yo)
Executive Vice President of New Energy Solutions
- Tenure: 1.0yrs
- Compensation: US$303.00k
Board Members
Jeroen van der Veer (72yo)
Deputy Chairman
- Tenure: 0.1yrs
Jon Erik Reinhardsen (63yo)
Chair of the Board
- Tenure: 1.9yrs
Rebekka Herlofsen (49yo)
Independent Director
- Tenure: 4.4yrs
Nils Bastiansen (59yo)
Deputy Chairman of Corporate Assembly
- Tenure: 0.0yrs
Wenche Agerup (55yo)
Independent Director
- Tenure: 4.0yrs
Tone Cathrine Bakker (57yo)
Chair of Corporate Assembly
- Tenure: 3.6yrs
Stig Lægreid (56yo)
Director
- Tenure: 6.1yrs
Bjørn Godal (74yo)
Independent Director
- Tenure: 8.9yrs
Ingrid di Valerio (55yo)
Director
- Tenure: 6.1yrs
Per Labråten (58yo)
Director
- Tenure: 2.2yrs
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: kr505.015b
- Shares outstanding: 3.33b
- Website: https://www.equinor.com
Number of Employees
Location
- Equinor ASA
- Forusbeen 50
- Stavanger
- Rogaland
- 4035
- Norway
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EQNR | NYSE (New York Stock Exchange) | SPON ADR EACH REP 1 ORD SHS | US | USD | Jun 2001 | |
| EQNR | OB (Oslo Bors) | Yes | Common Stock | NO | NOK | Jun 2001 |
| DNQA | DB (Deutsche Boerse AG) | SPON ADR EACH REP 1 ORD SHS | DE | EUR | Jun 2001 | |
| STL | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Jun 2001 |
| DNQ | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jun 2001 |
| STOH.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jun 2001 |
| 0M2Z | LSE (London Stock Exchange) | Yes | Common Stock | GB | NOK | Jun 2001 |
| EQNR N | BMV (Bolsa Mexicana de Valores) | SPON ADR EACH REP 1 ORD SHS | MX | MXN | Jun 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/25 20:50 |
| End of Day Share Price | 2019/08/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.