EQNR

Equinor ASA

Fundamental data last updated:May 13, 2026

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company profile

SECTOR

Energy

industry

Oil & Gas Integrated

Exchange

NYSE

County of HQ

NO

Next Earnings Date

07/22/2026

Business Summary

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.

 


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VALUATION

P/E

17.20

Market Cap ($M USD)

$96.88B

Forward P/E

11.19

PEG

0.21

PRICE TO SALES

0.92

PRICE TO BOOK

2.22

EV / EBITDA

3.10

5-Year Average P/E

Free Cash Flow Yield

1.99%

DCF Value

$238.78

Graham Number

$29.54

Price to FCF

50.13

EV to FCF

63.64

Earnings Yield

5.74%

FCF Yield

1.99%

DIVIDEND

Yield

4.20%

Annual Payout

$1.62

Payout Ratio

68.26%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$2.22

Next Year EPS Growth Estimate

$3.41

Next Year Revenue Growth Estimate

$9.06T

Return on Equity (ROE)

13.33%

FREE CASH FLOW

Operating Margin

26.38%

Debt-to-Equity

0.83

Piotroski F-Score

6

Altman Z-Score

2.56

Return on Invested Capital (ROIC)

26.67%

Current Ratio

1.24

Quick Ratio

1.12

Net Debt to EBITDA

0.66

Interest Coverage

24.14

Gross Profit margin

30.59%

FCF PER SHARE

$0.77

REVENUE PER SHARE

$42.16

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Gainseekers Quantitative Analysis

Summary

Equinor ASA’s valuation appears dramatically misaligned with its intrinsic worth. The stock has traded significantly below its DCF value, suggesting a potential deep value opportunity. With a Forward P/E of 11.35 and an Earnings Yield of 5.90%, the market seems to underestimate its growth prospects. The Altman Z-score of 2.53 indicates moderate financial health, but not without risk. Overall, the market may be overlooking Equinor’s potential for robust returns.

AI Exposure / Tech Reliance

In the energy sector, Equinor is well-positioned to leverage AI and modern technology to optimize exploration and production. As an integrated oil and gas company, it can utilize AI for predictive maintenance and operational efficiency. This adaptability could enhance its competitive edge in a rapidly evolving industry.

The Bull Case

For value and GARP investors, Equinor presents a compelling case. With a robust ROIC of 26.67%, the company demonstrates exceptional capital efficiency. The Piotroski F-Score of 6 suggests solid financial health, while a healthy operating margin of 26.38% underscores its pricing power. These metrics indicate a company capable of generating substantial shareholder value.

The Bear Case

Despite its strengths, Equinor faces significant structural risks. The Price to FCF ratio of 48.83 and EV to FCF of 62.33 highlight concerning cash flow inefficiencies. Trading near its 52-week high, the stock may be technically overextended. Additionally, a Price/Book ratio of 2.16 suggests it might be overvalued relative to its book assets, posing a risk for potential investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$36.50

Institutional Ownership %

1-Year Beta

-0.72

Insider Buying % (6 Mo)

Distance to 52-Week High

13.71%

Distance to 52-Week Low

41.76%

EARNINGS SURPRISE %

46.53%

50-DAY SMA

$37.94

200-DAY SMA

$28.00

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.