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. In addition, the company develops wind, and carbon capture and storage projects, as well as offers other renewable energy. As of December 31, 2020, it had proved oil and gas reserves of 5,260 million barrels of oil equivalent. Equinor ASA has a strategic collaboration agreement with SINTEF. 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.
IPO Year:
Exchange: NYSE
Website: equinor.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/20/2024 | Neutral → Buy | Redburn Atlantic | |
| 10/14/2024 | $25.80 | Underweight → Equal-Weight | Morgan Stanley |
| 8/29/2024 | Equal-Weight → Underweight | Morgan Stanley | |
| 8/8/2024 | Sell → Reduce | UBS | |
| 8/8/2024 | Sell → Neutral | UBS | |
| 4/26/2024 | $28.00 → $30.00 | Hold | TD Cowen |
| 4/24/2024 | $28.00 | Hold | TD Cowen |
| 2/20/2024 | $26.40 → $28.50 | Underweight → Equal-Weight | Morgan Stanley |
| 2/8/2024 | Buy → Hold | DZ Bank | |
| 1/10/2024 | $28.00 | Market Perform | TD Cowen |
Torgrim Reitan has been appointed Chief Financial Officer and executive vice president in Equinor ((OSE: EQNR, NYSE:EQNR), with effect from 6 October 2022. Reitan succeeds Ulrica Fearn who has decided to leave the company to pursue a CFO opportunity outside the company. Ulrica Fearn will be available to secure a good hand over to her successor until further notice. "I am very pleased to welcome Torgrim back to the Corporate Executive Committee. Torgrim has a very strong background to take on the complex challenge as CFO in Equinor, as we progress our ambition to be a leading company in the energy transition. In the current energy crisis, it is a definite strength to have Torgrim in my
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
6-K - EQUINOR ASA (0001140625) (Filer)
The shares in Equinor ASA ((OSE: EQNR, NYSE:EQNR) will as from today be traded on Oslo Børs exclusive the second quarter 2024 cash dividend as detailed below. Ex. date: 18 November 2024 Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Equinor ((OSE: EQNR, NYSE:EQNR) will on 25 October 2024 commence the fourth and final tranche of up to USD 1.6 billion of the share buy-back programme for 2024, as announced in relation with the third quarter results 24 October 2024. In this fourth tranche, shares for up to USD 528 million will be purchased in the market, implying a total tranche of up to USD 1.6 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 31 January 2025. Equinor announced at the Capital Market Update in February 2024 a two-year share buy-back programme of total USD 10-12 billion for 2024-2025, with up to USD 6 billion for 2024, including shares to be redeemed f
Key information relating to the cash dividend to be paid by Equinor ASA ((OSE: EQNR, NYSE:EQNR) for third quarter 2024. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 12 February 2025 Ex-date Oslo Børs: 13 February 2025 Ex-date New York Stock Exchange: 14 February 2025 Record date : 14 February 2025 Payment date: 28 February 2025 Date of approval: 23 October 2024 Other information: The cash dividend per share in NOK will be communicated 21 February 2025. This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuan
Equinor ((OSE: EQNR, NYSE:EQNR) delivered adjusted operating income* of USD 6.89 billion and USD 2.04 billion after tax in the third quarter of 2024. Equinor reported net operating income of USD 6.91 billion and net income at USD 2.29 billion. Adjusted net income* was USD 2.19 billion, leading to adjusted earnings per share* of USD 0.79. Financial and operational performance Solid financial resultsEffective execution of extensive turnaround programmeStrong cash flow from operations Strategic progress All-time high production from the Troll field in the gas yearNorthern Lights facility completed and ready to receive CO2Acquired a 9.8 percent stake in Ørsted in October Capital d
Equinor ASA ((OSE:EQNR, NYSE:EQNR) has acquired 41,197,344 shares in Ørsted A/S ("Ørsted"), corresponding to 9.8% of the shares and votes in the company. The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. "Equinor has a long-term perspective and will be a supportive owner in Ørsted. This is a counter-cyclical investment in a leading developer, and a premium portfolio of operating offshore wind assets. The exposure to producing assets complements Equinor's operated offshore wind portfolio of large projects under development", says Anders Opedal, CEO of Equinor. Equinor is
Issuer: Equinor ASA ((OSE:EQNR, NYSE:EQNR)ISIN for bond loan: NO0010689607Original maturity date: 16 September 2025New maturity date: 9 September 2024Redemption price: NOK 99.56 This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 in the Norwegian Securities Trading Act. For further information, please contact: Investor relations Bård Glad Pedersen, senior vice president Investor Relations,+47 918 01 791 Media Sissel Rinde, vice president Media Relations,+47 412 60 584
Equinor ASA ((OSE: EQNR, NYSE:EQNR) announced on 25 April 2024 an ordinary cash dividend per share of USD 0.35 and an extraordinary cash dividend per share of USD 0.35 for first quarter 2024. The NOK cash dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 19 August 2024, in total seven business days. Average Norges Bank fixing rate for this period was 10.6204. Total cash dividend for first quarter 2024 of USD 0.70 per share is consequently NOK 7.4343 per share. On 28 August 2024, the cash dividend will be paid to relevant shareholders on Oslo Børs (Oslo Stock Exchange) and to holders of American Deposita
The shares in Equinor ASA ((OSE: EQNR, NYSE:EQNR) will as from today be traded on Oslo Børs exclusive the first quarter 2024 cash dividend as detailed below. Ex. date: 16 August 2024 Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Equinor ((OSE: EQNR, NYSE:EQNR) will on 25 July 2024 commence the third tranche of up to USD 1.6 billion of the share buy-back programme for 2024, as announced in relation with the second quarter results 24 July 2024. In this third tranche of the share buy-back programme for 2024, shares for up to USD 528 million will be purchased in the market, implying a total third tranche of up to USD 1.6 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 22 October 2024. Equinor announced at the Capital Market Update in February 2024 a two-year share buy-back programme of total USD 10-12 billion for 2024-2025, with up to USD 6 billion for 2024, inc
Key information relating to the cash dividend to be paid by Equinor ASA ((OSE: EQNR, NYSE:EQNR) for second quarter 2024. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 15 November 2024 Ex-date Oslo Børs: 18 November 2024 Ex-date New York Stock Exchange: 19 November 2024 Record date: 19 November 2024 Payment date: 29 November 2024 Date of approval: 23 July 2024 Other information: The cash dividend per share in NOK will be communicated 25 November 2024. This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure
The shares in Equinor ASA ((OSE: EQNR, NYSE:EQNR) will as from today be traded on Oslo Børs exclusive the second quarter 2024 cash dividend as detailed below. Ex. date: 18 November 2024 Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Equinor ((OSE: EQNR, NYSE:EQNR) will on 25 October 2024 commence the fourth and final tranche of up to USD 1.6 billion of the share buy-back programme for 2024, as announced in relation with the third quarter results 24 October 2024. In this fourth tranche, shares for up to USD 528 million will be purchased in the market, implying a total tranche of up to USD 1.6 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 31 January 2025. Equinor announced at the Capital Market Update in February 2024 a two-year share buy-back programme of total USD 10-12 billion for 2024-2025, with up to USD 6 billion for 2024, including shares to be redeemed f
Key information relating to the cash dividend to be paid by Equinor ASA ((OSE: EQNR, NYSE:EQNR) for third quarter 2024. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 12 February 2025 Ex-date Oslo Børs: 13 February 2025 Ex-date New York Stock Exchange: 14 February 2025 Record date : 14 February 2025 Payment date: 28 February 2025 Date of approval: 23 October 2024 Other information: The cash dividend per share in NOK will be communicated 21 February 2025. This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuan
Equinor ((OSE: EQNR, NYSE:EQNR) delivered adjusted operating income* of USD 6.89 billion and USD 2.04 billion after tax in the third quarter of 2024. Equinor reported net operating income of USD 6.91 billion and net income at USD 2.29 billion. Adjusted net income* was USD 2.19 billion, leading to adjusted earnings per share* of USD 0.79. Financial and operational performance Solid financial resultsEffective execution of extensive turnaround programmeStrong cash flow from operations Strategic progress All-time high production from the Troll field in the gas yearNorthern Lights facility completed and ready to receive CO2Acquired a 9.8 percent stake in Ørsted in October Capital d
Equinor ASA ((OSE:EQNR, NYSE:EQNR) has acquired 41,197,344 shares in Ørsted A/S ("Ørsted"), corresponding to 9.8% of the shares and votes in the company. The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. "Equinor has a long-term perspective and will be a supportive owner in Ørsted. This is a counter-cyclical investment in a leading developer, and a premium portfolio of operating offshore wind assets. The exposure to producing assets complements Equinor's operated offshore wind portfolio of large projects under development", says Anders Opedal, CEO of Equinor. Equinor is
Equinor ASA ((OSE: EQNR, NYSE:EQNR) announced on 25 April 2024 an ordinary cash dividend per share of USD 0.35 and an extraordinary cash dividend per share of USD 0.35 for first quarter 2024. The NOK cash dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 19 August 2024, in total seven business days. Average Norges Bank fixing rate for this period was 10.6204. Total cash dividend for first quarter 2024 of USD 0.70 per share is consequently NOK 7.4343 per share. On 28 August 2024, the cash dividend will be paid to relevant shareholders on Oslo Børs (Oslo Stock Exchange) and to holders of American Deposita
The shares in Equinor ASA ((OSE: EQNR, NYSE:EQNR) will as from today be traded on Oslo Børs exclusive the first quarter 2024 cash dividend as detailed below. Ex. date: 16 August 2024 Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Equinor ((OSE: EQNR, NYSE:EQNR) will on 25 July 2024 commence the third tranche of up to USD 1.6 billion of the share buy-back programme for 2024, as announced in relation with the second quarter results 24 July 2024. In this third tranche of the share buy-back programme for 2024, shares for up to USD 528 million will be purchased in the market, implying a total third tranche of up to USD 1.6 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 22 October 2024. Equinor announced at the Capital Market Update in February 2024 a two-year share buy-back programme of total USD 10-12 billion for 2024-2025, with up to USD 6 billion for 2024, inc
Key information relating to the cash dividend to be paid by Equinor ASA ((OSE: EQNR, NYSE:EQNR) for second quarter 2024. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 15 November 2024 Ex-date Oslo Børs: 18 November 2024 Ex-date New York Stock Exchange: 19 November 2024 Record date: 19 November 2024 Payment date: 29 November 2024 Date of approval: 23 July 2024 Other information: The cash dividend per share in NOK will be communicated 25 November 2024. This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure
Equinor ((OSE: EQNR, NYSE:EQNR) delivered adjusted operating income* of USD 7.48 billion and USD 2.15 billion after tax in the second quarter of 2024. Equinor reported net operating income of USD 7.66 billion and net income at USD 1.87 billion. Adjusted net income* was USD 2.42 billion, leading to adjusted earnings per share* of USD 0.84. Financial and operational performance Continued strong operational performanceSolid financial resultsCash flow impacted by tax payments in Norway and capital distribution Strategic progress New fields on stream on the NCSContinued high grading of oil and gas portfolioThree new CO2 license awards in Norway and Denmark Capital distribution S
Redburn Atlantic upgraded Equinor from Neutral to Buy
Morgan Stanley upgraded Equinor from Underweight to Equal-Weight and set a new price target of $25.80
Morgan Stanley downgraded Equinor from Equal-Weight to Underweight
UBS upgraded Equinor from Sell to Reduce
UBS upgraded Equinor from Sell to Neutral
TD Cowen reiterated coverage of Equinor with a rating of Hold and set a new price target of $30.00 from $28.00 previously
TD Cowen resumed coverage of Equinor with a rating of Hold and set a new price target of $28.00
Morgan Stanley upgraded Equinor from Underweight to Equal-Weight and set a new price target of $28.50 from $26.40 previously
DZ Bank downgraded Equinor from Buy to Hold
TD Cowen initiated coverage of Equinor with a rating of Market Perform and set a new price target of $28.00
Equinor ASA (NYSE:EQNR) shares are trading higher after the company reported second-quarter FY24 results. Adjusted revenue and other income rose 12% Y/Y to $25.54 billion, above the consensus of $23.72 billion. Total equity liquids and gas production rose 3% Y/Y to 2,048 mboe per day, with equity liquids production falling 1% Y/Y to 1,080 mboe per day and equity gas production rising 7% Y/Y to 968 mboe per day. Production benefited from performance at NCS, driven by Troll and Oseberg, along with the ramp-up of new fields. The contribution from the Buzzard field in the U.K. and new wells partially offset lower production in the U.S. Group average liquids price rose 10% Y/Y to $
Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 15 November 2024 Ex-date Oslo Børs: 18 November 2024 Ex-date New York Stock Exchange: 19 November 2024 Record date: 19 November 2024 Payment date: 29 November 2024 Date of approval: 23 July 2024
In this third tranche of the share buy-back programme for 2024, shares for up to USD 528 million will be purchased in the market, implying a total third tranche of up to USD 1.6 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 22 October 2024.
Equinor (NYSE:EQNR) reported quarterly earnings of $0.84 per share which missed the analyst consensus estimate of $0.85 by 1.18 percent. This is a 5.62 percent decrease over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $25.538 billion which beat the analyst consensus estimate of $23.721 billion by 7.66 percent. This is a 10.41 percent increase over sales of $23.130 billion the same period last year.
TD Cowen analyst Jason Gabelman maintains Equinor (NYSE:EQNR) with a Hold and lowers the price target from $30 to $28.
Schlumberger Limited (NYSE:SLB) disclosed that its OneSubsea joint venture won a contract from TotalEnergies SE (NYSE:TTE) for a Subsea Production System. As per the terms, SLB OneSubsea and TotalEnergies will collaborate to enhance production sustainability in Angola through this project. The Subsea Production System covers 13 wells and includes associated equipment and services for the Kaminho project offshore Angola. Notably, TotalEnergies and its partners in Block 20/11 will develop the project in two phases, focusing on the Cameia and Golfinho discoveries. In the initial phase of the Kaminho project for the Cameia field, SLB OneSubsea will partner with TotalEnergies to imple
Equinor ASA (NYSE:EQNR) shares are trading higher today. Nippon Steel Corporation (OTC:NPSCY) and Sumitomo Corporation (OTC:SSUMY) have renewed a long-term contract with Equinor to supply OCTG for use in Norway and internationally for up to 9 years. The contract renewal recognizes their stable supply of high-performance OCTG, customer-focused product development, reliable delivery, and commitment to low carbon, safety, and human rights compliance in the supply chain. For the past 35 years, Nippon Steel and Sumitomo have supplied OCTG to Equinor for oil, gas, and CCS projects that reduce greenhouse gas emissions. Nippon Steel and Sumitomo aim to expand their long-term collaboration
Schlumberger Limited (NYSE:SLB) and Equinor ASA (NYSE:EQNR) shares are trading higher today after Schlumberger won a contract from Equinor for the Subsea Production Systems (SPS) project in offshore Norway. The contract is for the front-end engineering design (FEED) of a 12-well, all-electric SPS project in the Fram Sør field. Under the agreement, SLB OneSubsea will be directly awarded future engineering, procurement, and construction contracts conditional upon a final investment decision. The Fram Sør project will employ SLB OneSubsea’s standard subsea tree design, enhanced with a fully electrified power, control, and actuation system. This project aims to accelerate the global
Project to Enhance Operator Control, Efficiency, and Reduce Offshore Emissions; Future EPC to Be Awarded to SLB OneSubsea Pending Final Investment Decision
On Thursday, the Australian government reportedly granted Equinor ASA (NYSE:EQNR) and Oceanex Energy a license to assess the feasibility of constructing a wind farm in waters off the country’s east coast. The feasibility license permits developers to conduct environmental assessments and geotechnical surveys, reported Reuters. Energy Minister Chris Bowen announced that the proposed Novocastrian Wind project, located more than 20 km offshore Newcastle in New South Wales, could potentially generate over 2 gigawatts (GW) of electricity, sufficient to power 1.2 million homes, per the report. Bowen added that if feasibility is confirmed, Oceanex, in partnership with Equinor, will be elig