Equinor ASA Logo

Equinor ASA

EQNR.OL

(2.0)
Stock Price

265,70 NOK

12.85% ROA

17.72% ROE

5.3x PER

Market Cap.

90.898.166.794,10 NOK

61.11% DER

2.47% Yield

11.9% NPM

Equinor ASA Stock Analysis

Equinor ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Equinor ASA Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (32.78%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

4 PBV

The stock's PBV ratio (1.97x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 DER

The stock maintains a fair debt to equity ratio (61%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

7 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-43) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Equinor ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Equinor ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Equinor ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Equinor ASA Revenue
Year Revenue Growth
1998 13.902.024.676
1999 17.463.440.070 20.39%
2000 25.992.000.000 32.81%
2001 25.720.000.000 -1.06%
2002 35.109.000.000 26.74%
2003 37.506.000.000 6.39%
2004 50.740.000.000 26.08%
2005 58.247.000.000 12.89%
2006 68.197.000.000 14.59%
2007 96.247.000.000 29.14%
2008 94.270.000.000 -2.1%
2009 80.317.000.147 -17.37%
2010 90.093.044.617 10.85%
2011 112.284.713.845 19.76%
2012 126.404.043.588 11.17%
2013 101.847.862.905 -24.11%
2014 81.615.854.028 -24.79%
2015 52.932.503.947 -54.19%
2016 45.688.000.000 -15.86%
2017 60.971.000.000 25.07%
2018 78.555.000.000 22.38%
2019 62.911.000.000 -24.87%
2020 45.753.000.000 -37.5%
2021 88.744.000.000 48.44%
2022 149.004.000.000 40.44%
2023 103.696.000.000 -43.69%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Equinor ASA Research and Development Expenses
Year Research and Development Expenses Growth
1998 433.502.866
1999 275.688.629 -57.24%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Equinor ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Equinor ASA EBITDA
Year EBITDA Growth
1998 3.893.779.982
1999 4.773.529.900 18.43%
2000 8.475.000.000 43.68%
2001 7.065.000.000 -19.96%
2002 7.263.000.000 2.73%
2003 10.465.000.000 30.6%
2004 13.473.000.000 22.33%
2005 16.961.000.000 20.56%
2006 21.329.000.000 20.48%
2007 30.451.000.000 29.96%
2008 39.034.000.000 21.99%
2009 30.958.679.540 -26.08%
2010 32.490.942.183 4.72%
2011 44.303.880.177 26.66%
2012 48.158.748.809 8%
2013 38.049.072.451 -26.57%
2014 28.891.043.911 -31.7%
2015 17.268.760.153 -67.3%
2016 12.065.000.000 -43.13%
2017 22.902.000.000 47.32%
2018 29.670.000.000 22.81%
2019 23.249.000.000 -27.62%
2020 12.368.000.000 -87.98%
2021 45.041.000.000 72.54%
2022 86.425.000.000 47.88%
2023 44.988.000.000 -92.11%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Equinor ASA Gross Profit
Year Gross Profit Growth
1998 6.481.143.544
1999 7.077.338.769 8.42%
2000 12.239.000.000 42.17%
2001 11.679.000.000 -4.79%
2002 13.495.000.000 13.46%
2003 14.999.000.000 10.03%
2004 19.256.000.000 22.11%
2005 22.855.000.000 15.75%
2006 29.774.000.000 23.24%
2007 46.222.000.000 35.58%
2008 44.855.000.000 -3.05%
2009 41.911.837.031 -7.02%
2010 33.835.751.586 -23.87%
2011 46.297.748.291 26.92%
2012 50.524.613.301 8.37%
2013 39.380.954.417 -28.3%
2014 27.451.871.798 -43.45%
2015 13.685.321.781 -100.59%
2016 12.633.000.000 -8.33%
2017 24.115.000.000 47.61%
2018 30.790.000.000 21.68%
2019 20.175.000.000 -52.61%
2020 9.532.000.000 -111.66%
2021 41.865.000.000 77.23%
2022 88.807.000.000 52.86%
2023 41.144.000.000 -115.84%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Equinor ASA Net Profit
Year Net Profit Growth
1998 17.592.182
1999 424.510.590 95.86%
2000 1.822.000.000 76.7%
2001 1.919.000.000 5.05%
2002 2.426.000.000 20.9%
2003 2.490.000.000 2.57%
2004 4.129.000.000 39.69%
2005 4.551.000.000 9.27%
2006 6.515.000.000 30.15%
2007 8.118.000.000 19.75%
2008 6.217.000.000 -30.58%
2009 3.056.972.019 -103.37%
2010 6.477.742.435 52.81%
2011 13.199.805.656 50.93%
2012 12.342.114.501 -6.95%
2013 6.560.751.905 -88.12%
2014 2.945.595.259 -122.73%
2015 -4.265.998.062 169.05%
2016 -2.922.000.000 -46%
2017 4.590.000.000 163.66%
2018 7.535.000.000 39.08%
2019 1.843.000.000 -308.84%
2020 -5.496.000.000 133.53%
2021 8.563.000.000 164.18%
2022 28.746.000.000 70.21%
2023 9.988.000.000 -187.81%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Equinor ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 2 100%
2005 2 50%
2006 3 0%
2007 3 0%
2008 2 -100%
2009 1 0%
2010 2 100%
2011 4 50%
2012 4 -33.33%
2013 2 -50%
2014 1 -100%
2015 -1 200%
2016 -1 0%
2017 1 100%
2018 2 50%
2019 1 0%
2020 -2 100%
2021 3 150%
2022 9 77.78%
2023 3 -200%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Equinor ASA Free Cashflow
Year Free Cashflow Growth
1998 -1.589.204.177
1999 -694.460.904 -128.84%
2000 4.451.000.000 115.6%
2001 2.507.000.000 -77.54%
2002 880.000.000 -184.89%
2003 1.312.000.000 32.93%
2004 1.161.000.000 -13.01%
2005 3.682.000.000 68.47%
2006 3.043.000.000 -21%
2007 4.226.000.000 27.99%
2008 4.767.000.000 11.35%
2009 -370.840.128 1385.46%
2010 431.373.216 185.97%
2011 3.222.758.343 86.61%
2012 2.796.803.244 -15.23%
2013 -1.973.158.468 241.74%
2014 524.558.060 476.16%
2015 -1.786.031.188 129.37%
2016 -3.157.000.000 43.43%
2017 3.608.000.000 187.5%
2018 8.327.000.000 56.67%
2019 3.545.000.000 -134.89%
2020 1.910.000.000 -85.6%
2021 20.776.000.000 90.81%
2022 26.378.000.000 21.24%
2023 2.584.000.000 -920.82%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Equinor ASA Operating Cashflow
Year Operating Cashflow Growth
1998 1.322.564.467
1999 2.516.750.267 47.45%
2000 6.402.000.000 60.69%
2001 4.360.000.000 -46.83%
2002 3.459.000.000 -26.05%
2003 4.632.000.000 25.32%
2004 6.430.000.000 27.96%
2005 8.331.000.000 22.82%
2006 9.770.000.000 14.73%
2007 17.292.000.000 43.5%
2008 14.734.000.000 -17.36%
2009 12.597.347.691 -16.96%
2010 13.746.619.266 8.36%
2011 18.674.272.886 26.39%
2012 22.930.383.510 18.56%
2013 16.656.746.064 -37.66%
2014 17.014.511.428 2.1%
2015 12.399.834.366 -37.22%
2016 9.034.000.000 -37.26%
2017 14.363.000.000 37.1%
2018 19.694.000.000 27.07%
2019 13.749.000.000 -43.24%
2020 10.386.000.000 -32.38%
2021 28.816.000.000 63.96%
2022 35.136.000.000 17.99%
2023 5.236.000.000 -571.05%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Equinor ASA Capital Expenditure
Year Capital Expenditure Growth
1998 2.911.768.644
1999 3.211.211.171 9.32%
2000 1.951.000.000 -64.59%
2001 1.853.000.000 -5.29%
2002 2.579.000.000 28.15%
2003 3.320.000.000 22.32%
2004 5.269.000.000 36.99%
2005 4.649.000.000 -13.34%
2006 6.727.000.000 30.89%
2007 13.066.000.000 48.52%
2008 9.967.000.000 -31.09%
2009 12.968.187.819 23.14%
2010 13.315.246.049 2.61%
2011 15.451.514.542 13.83%
2012 20.133.580.266 23.26%
2013 18.629.904.532 -8.07%
2014 16.489.953.368 -12.98%
2015 14.185.865.554 -16.24%
2016 12.191.000.000 -16.36%
2017 10.755.000.000 -13.35%
2018 11.367.000.000 5.38%
2019 10.204.000.000 -11.4%
2020 8.476.000.000 -20.39%
2021 8.040.000.000 -5.42%
2022 8.758.000.000 8.2%
2023 2.652.000.000 -230.24%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Equinor ASA Equity
Year Equity Growth
1998 5.432.439.458
1999 5.190.680.477 -4.66%
2000 7.651.000.000 32.16%
2001 5.762.000.000 -32.78%
2002 8.210.000.000 29.82%
2003 10.554.000.000 22.21%
2004 14.089.000.000 25.09%
2005 15.794.000.000 10.8%
2006 19.605.000.000 19.44%
2007 32.636.000.000 39.93%
2008 30.763.000.000 -6.09%
2009 34.222.728.410 10.11%
2010 37.344.060.964 8.36%
2011 46.728.990.752 20.08%
2012 57.174.073.464 18.27%
2013 58.454.819.604 2.19%
2014 51.218.386.971 -14.13%
2015 40.350.653.665 -26.93%
2016 35.072.000.000 -15.05%
2017 39.861.000.000 12.01%
2018 42.989.000.000 7.28%
2019 41.159.000.000 -4.45%
2020 33.892.000.000 -21.44%
2021 39.024.000.000 13.15%
2022 53.989.000.000 27.72%
2023 48.733.000.000 -10.79%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Equinor ASA Assets
Year Assets Growth
1998 18.654.670.724
1999 20.974.415.846 11.06%
2000 25.158.000.000 16.63%
2001 22.226.000.000 -13.19%
2002 29.582.000.000 24.87%
2003 33.329.000.000 11.24%
2004 41.134.000.000 18.97%
2005 42.220.000.000 2.57%
2006 50.601.000.000 16.56%
2007 88.960.000.000 43.12%
2008 83.119.000.000 -7.03%
2009 97.125.945.867 14.42%
2010 109.375.563.456 11.2%
2011 128.770.774.695 15.06%
2012 140.498.570.702 8.35%
2013 145.619.094.912 3.52%
2014 132.672.838.518 -9.76%
2015 109.960.366.034 -20.66%
2016 104.530.000.000 -5.2%
2017 111.100.000.000 5.91%
2018 112.507.000.000 1.25%
2019 118.063.000.000 4.71%
2020 121.972.000.000 3.2%
2021 147.120.000.000 17.09%
2022 158.021.000.000 6.9%
2023 139.430.000.000 -13.33%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Equinor ASA Liabilities
Year Liabilities Growth
1998 13.222.231.266
1999 15.783.735.369 16.23%
2000 17.227.000.000 8.38%
2001 16.297.000.000 -5.71%
2002 21.149.000.000 22.94%
2003 22.552.000.000 6.22%
2004 26.777.000.000 15.78%
2005 26.205.000.000 -2.18%
2006 30.761.000.000 14.81%
2007 55.994.000.000 45.06%
2008 52.072.000.000 -7.53%
2009 62.592.774.744 16.81%
2010 70.865.808.229 11.67%
2011 80.996.515.212 12.51%
2012 83.203.777.072 2.65%
2013 87.082.060.372 4.45%
2014 81.400.650.721 -6.98%
2015 69.575.584.385 -17%
2016 69.431.000.000 -0.21%
2017 71.215.000.000 2.51%
2018 69.518.000.000 -2.44%
2019 76.904.000.000 9.6%
2020 88.080.000.000 12.69%
2021 108.096.000.000 18.52%
2022 104.032.000.000 -3.91%
2023 90.697.000.000 -14.7%

Equinor ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
37.65
Net Income per Share
5.78
Price to Earning Ratio
5.3x
Price To Sales Ratio
0.81x
POCF Ratio
3.47
PFCF Ratio
5.66
Price to Book Ratio
1.87
EV to Sales
0.97
EV Over EBITDA
1.97
EV to Operating CashFlow
4.12
EV to FreeCashFlow
6.73
Earnings Yield
0.19
FreeCashFlow Yield
0.18
Market Cap
90,90 Bil.
Enterprise Value
108,03 Bil.
Graham Number
46.19
Graham NetNet
-13.15

Income Statement Metrics

Net Income per Share
5.78
Income Quality
0.61
ROE
0.33
Return On Assets
0.07
Return On Capital Employed
0.26
Net Income per EBT
0.33
EBT Per Ebit
1.06
Ebit per Revenue
0.35
Effective Tax Rate
0.67

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.46
Operating Profit Margin
0.35
Pretax Profit Margin
0.37
Net Profit Margin
0.12

Dividends

Dividend Yield
0.02
Dividend Yield %
2.47
Payout Ratio
0.61
Dividend Per Share
7.77

Operating Metrics

Operating Cashflow per Share
8.83
Free CashFlow per Share
5.4
Capex to Operating CashFlow
-0.39
Capex to Revenue
-0.09
Capex to Depreciation
-1.13
Return on Invested Capital
0.21
Return on Tangible Assets
0.13
Days Sales Outstanding
49.12
Days Payables Outstanding
75.14
Days of Inventory on Hand
31.38
Receivables Turnover
7.43
Payables Turnover
4.86
Inventory Turnover
11.63
Capex per Share
-3.42

Balance Sheet

Cash per Share
12,77
Book Value per Share
16,40
Tangible Book Value per Share
16.4
Shareholders Equity per Share
16.4
Interest Debt per Share
10.61
Debt to Equity
0.61
Debt to Assets
0.21
Net Debt to EBITDA
0.31
Current Ratio
1.79
Tangible Asset Value
43,00 Bil.
Net Current Asset Value
-28,73 Bil.
Invested Capital
0.61
Working Capital
27,35 Bil.
Intangibles to Total Assets
0.04
Average Receivables
13,70 Bil.
Average Payables
10,76 Bil.
Average Inventory
4310000000
Debt to Market Cap
0.33

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Equinor ASA Dividends
Year Dividends Growth
2002 11
2003 11 0%
2004 11 9.09%
2005 8 -57.14%
2006 4 -133.33%
2007 7 50%
2008 4 -50%
2009 3 -100%
2010 4 50%
2011 6 33.33%
2012 7 0%
2013 7 0%
2014 9 25%
2015 7 -14.29%
2016 7 0%
2017 6 -40%
2018 7 28.57%
2019 9 12.5%
2020 7 -33.33%
2021 3 -100%
2022 9 66.67%
2023 2 -800%

Equinor ASA Profile

About Equinor ASA

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 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 electricity and emission rights; operates refineries, terminals and processing, and power plants; and develops low carbon solutions for oil and gas. In addition, it develops wind, and carbon capture and storage projects, as well as offers other renewable energy. As of December 31, 2021, the company had proved oil and gas reserves of 5,356 million barrels of oil equivalent. Equinor ASA has collaboration agreements with Vårgrønn; and RWE Renewables and Hydro REIN. 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.

CEO
Mr. Anders Opedal
Employee
21.936
Address
Forusbeen 50
Stavanger, 4035

Equinor ASA Executives & BODs

Equinor ASA Executives & BODs
# Name Age
1 Mr. Anders Opedal
President & Chief Executive Officer
70
2 Ms. Siv Helen Rygh Torstensen
Executive Vice President of Legal & Compliance (LEG)
70
3 Ms. Irene Rummelhoff
Executive Vice President of Marketing, Midstream & Processing
70
4 Mr. Jannik Lindbaek Jr.
Executive Vice President for Communication
70
5 Mr. Pal Eitrheim
Executive Vice President of Renewables (REN)
70
6 Mr. Aksel Stenerud
Executive Vice President for the People & Organization
70
7 Mr. Kjetil Hove
Executive Vice President of Exploration & Production Norway
70
8 Ms. Hege Skryseth
Executive Vice President of Technology, Digital & Innovation
70
9 Ms. Jannicke Nilsson
Executive Vice President of Safety, Security & Sustainability (SSU)
70
10 Mr. Torgrim Reitan
Executive Vice President & Chief Financial Officer
70

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