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EQNR

EquinorOB:EQNR Stock Report

Market Cap

kr714.2b

7D

-0.2%

1Y

49.7%

Updated

26 Nov, 2021

Data

Company Financials +
EQNR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends3/6

EQNR Stock Overview

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy, as well as other businesses in Norway and internationally.

Equinor Competitors

Saudi Arabian Oil

SASE:2222

ر.س7.1t

Exxon Mobil

NYSE:XOM

US$259.3b

Chevron

NYSE:CVX

US$220.7b

PetroChina

SEHK:857

HK$1.0t

Price History & Performance

Summary of all time highs, changes and price drops for Equinor
Historical stock prices
Current Share Pricekr219.90
52 Week Highkr238.75
52 Week Lowkr137.40
Beta0.80
1 Month Change-3.49%
3 Month Change16.08%
1 Year Change49.75%
3 Year Change9.68%
5 Year Change47.09%
Change since IPO218.70%

Recent News & Updates

Oct 03
Estimating The Fair Value Of Equinor ASA (OB:EQNR)

Estimating The Fair Value Of Equinor ASA (OB:EQNR)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Equinor ASA ( OB:EQNR...

Aug 30
Here's Why Equinor (OB:EQNR) Can Manage Its Debt Responsibly

Here's Why Equinor (OB:EQNR) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

EQNRNO Oil and GasNO Market
7D-0.2%-0.9%-3.7%
1Y49.7%46.2%18.2%

Return vs Industry: EQNR underperformed the Norwegian Oil and Gas industry which returned 56.4% over the past year.

Return vs Market: EQNR exceeded the Norwegian Market which returned 23% over the past year.

Price Volatility

Is EQNR's price volatile compared to industry and market?
EQNR volatility
EQNR Average Weekly Movement4.6%
Oil and Gas Industry Average Movement5.7%
Market Average Movement5.8%
10% most volatile stocks in NO Market10.5%
10% least volatile stocks in NO Market3.0%

Stable Share Price: EQNR is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: EQNR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197221,245Anders Opedalhttps://www.equinor.com

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy, as well as other businesses in Norway and internationally. The company operates in five segments: Exploration Norway; Exploration & Production (E&P) International; E&P USA; Marketing, Midstream & Processing; and Other. It 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 electricity and emission rights; and operates refineries, terminals and processing, and power plants; and develops low carbon solutions for oil and gas.

Equinor Fundamentals Summary

How do Equinor's earnings and revenue compare to its market cap?
EQNR fundamental statistics
Market CapUS$78.56b
Earnings (TTM)US$2.77b
Revenue (TTM)US$68.49b

28.3x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EQNR income statement (TTM)
RevenueUS$68.49b
Cost of RevenueUS$37.47b
Gross ProfitUS$31.02b
ExpensesUS$28.25b
EarningsUS$2.77b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 09, 2022

Earnings per share (EPS)0.85
Gross Margin45.29%
Net Profit Margin4.05%
Debt/Equity Ratio83.2%

How did EQNR perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

74%

Payout Ratio

Does EQNR pay a reliable dividends?

See EQNR dividend history and benchmarks
When do you need to buy EQNR by to receive an upcoming dividend?
Equinor dividend dates
Ex Dividend DateFeb 11 2022
Dividend Pay DateFeb 25 2022
Days until Ex dividend75 days
Days until Dividend pay date89 days

Does EQNR pay a reliable dividends?

See EQNR dividend history and benchmarks

Valuation

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

28.33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EQNR (NOK219.9) is trading above our estimate of fair value (NOK193.83)

Significantly Below Fair Value: EQNR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EQNR is poor value based on its PE Ratio (28.3x) compared to the Norwegian Oil and Gas industry average (12.6x).

PE vs Market: EQNR is poor value based on its PE Ratio (28.3x) compared to the Norwegian market (15x).


Price to Earnings Growth Ratio

PEG Ratio: EQNR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: EQNR is overvalued based on its PB Ratio (2.1x) compared to the NO Oil and Gas industry average (0.9x).


Future Growth

How is Equinor forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

-11.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EQNR's earnings are forecast to decline over the next 3 years (-11.2% per year).

Earnings vs Market: EQNR's earnings are forecast to decline over the next 3 years (-11.2% per year).

High Growth Earnings: EQNR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: EQNR's revenue is expected to decline over the next 3 years (-0.3% per year).

High Growth Revenue: EQNR's revenue is forecast to decline over the next 3 years (-0.3% 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 (12.6%).


Past Performance

How has Equinor performed over the past 5 years?

-8.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EQNR has high quality earnings.

Growing Profit Margin: EQNR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EQNR has become profitable over the past 5 years, growing earnings by -8.3% per year.

Accelerating Growth: EQNR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EQNR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (180.6%).


Return on Equity

High ROE: EQNR's Return on Equity (7.5%) is considered low.


Financial Health

How is Equinor's financial position?


Financial Position Analysis

Short Term Liabilities: EQNR's short term assets ($50.3B) exceed its short term liabilities ($30.3B).

Long Term Liabilities: EQNR's short term assets ($50.3B) do not cover its long term liabilities ($69.5B).


Debt to Equity History and Analysis

Debt Level: EQNR's net debt to equity ratio (5.3%) is considered satisfactory.

Reducing Debt: EQNR's debt to equity ratio has increased from 83% to 83.2% over the past 5 years.

Debt Coverage: EQNR's debt is well covered by operating cash flow (74.7%).

Interest Coverage: EQNR's interest payments on its debt are well covered by EBIT (25.9x coverage).


Balance Sheet


Dividend

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

2.98%

Current Dividend Yield


Upcoming Dividend Payment

TodayNov 27 2021Ex Dividend DateFeb 11 2022Dividend Pay DateFeb 25 202214 days from Ex DividendBuy in the next 75 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: EQNR's dividend (2.98%) is higher than the bottom 25% of dividend payers in the Norwegian market (1.7%).

High Dividend: EQNR's dividend (2.98%) is low compared to the top 25% of dividend payers in the Norwegian market (4.92%).


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: With its reasonable payout ratio (73.8%), EQNR's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EQNR's dividends in 3 years are forecast to be well covered by earnings (33.9% payout ratio).


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Anders Opedal (53 yo)

1

Tenure

US$814,000

Compensation

Mr. Anders Opedal has been President and Chief Executive Officer at Equinor ASA since November 2, 2020. He had been an Executive Vice President of Technology, Projects & Drilling at Equinor ASA since Octob...


CEO Compensation Analysis

Compensation vs Market: Anders's total compensation ($USD814.00K) is below average for companies of similar size in the Norwegian market ($USD1.17M).

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


Leadership Team

Experienced Management: EQNR's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: EQNR's board of directors are considered experienced (4.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: EQNR insiders have sold more shares than they have bought 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 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: kr714.195b
  • Shares outstanding: 3.25b
  • Website: https://www.equinor.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 21:19
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.