Equinor (EQNR) Stock Price, Fundamentals & Analysis

What EQNR does

Equinor (EQNR) is an energy company headquartered in Stavanger, Norway, listed on the Oslo Børs with 23,545 employees. It operates through segments covering Exploration & Production in Norway, International markets, and the USA, alongside Marketing, Midstream & Processing and Renewables. The company is involved in discovering and developing oil and gas resources, operating fields, and marketing crude oil, condensate, natural gas, and refined products. It also invests in renewable energy areas such as offshore wind, green hydrogen, storage solutions, and solar power, and provides low-carbon solutions including pipeline transport, shipping, and emissions trading.

Key numbers explained

• 404,7 NOK is the current share price, the last traded price on the Oslo Børs.
• The trailing P/E ratio of 11,6 divides the current price by the last twelve months of earnings per share (35,01 USD), showing how much investors pay per dollar of recent earnings.
• The forward P/E ratio of 10,2 uses expected future earnings, which can be more relevant for growth or cyclical companies.
• 3.61% is the dividend yield, the annual dividend payment expressed as a percentage of the share price, with 41% of earnings paid out as dividends.
• The ex-dividend date is 13 nov. 2026, the date after which a buyer is no longer entitled to the next dividend.
• -0,73 is the beta, indicating the stock has historically moved in the opposite direction of the broader market, with less volatility.
• The 66,7% price change over the last 52 weeks shows the total return from the low of 226,4 NOK to the current level, compared with a high of 426 NOK.
• 8% profit margin and 36,1% operating margin show how much of each revenue dollar remains as profit after costs and operating expenses.

What to watch

• Energy prices and the global demand outlook for oil and gas, which directly affect Equinor's Exploration & Production revenues.
• The company's capital allocation between dividends, share buybacks, and new investment in renewables, which shapes long-term returns.
• Currency movements, especially USD/NOK, since earnings are reported in USD while the share price is in NOK.
• Regulatory and policy shifts in Norway and key international markets, including carbon pricing and renewable energy incentives.
• The next earnings report on 28 oct. 2026, which can shift sentiment based on production volumes, costs, and reserve updates.
• Peer activity among Norwegian energy and offshore companies such as Vår Energi ASA (VAR), Subsea 7 (SUBC), Frontline (FRO), BW LPG (BWLPG), and Aker BP (AKRBP), which can signal sector trends.