Equinor ASA
EQNR · NYSE
Company research
Equinor ASA (NYSE: EQNR) is a Norwegian multinational integrated energy company headquartered in Stavanger, Norway, incorporated in 1972 and formerly known as Statoil ASA until its rebranding in May 2018. With approximately 24,600 employees and a market capitalization of approximately $86 billion, the company operates across five segments: Exploration & Production Norway, Exploration & Production International, Exploration & Production USA, Marketing, Midstream & Processing, and Renewables, covering the full value chain from upstream exploration to downstream trading and distribution. Equinor holds a dominant position on the Norwegian Continental Shelf and is one of Europe's largest suppliers of pipeline natural gas and crude oil, while also actively expanding into renewable energy through offshore wind, green hydrogen, solar power, and carbon capture and storage (CCS) projects. Under CEO Anders Opedal, the company is pursuing an ambition to become a net-zero energy company by 2050, with the Norwegian government retaining a 67% ownership stake, and its shares listed on both the New York Stock Exchange and the Oslo Stock Exchange.
Research reports
Ultra Stock Analysis Pro · May 8, 2026Equinor ASA (EQNR) - Comprehensive Analyst Report
Algorithmic analysis assigns a WAIT rating and market‑weight stance, citing challenged revenue growth, only 0.8% upside to the average analyst target, mixed technical momentum, and an unfavorable risk‑reward profile that argues for patience rather than immediate entry.
Sure Dividend · February 5, 2026Equinor ASA (EQNR)The February 2026 update rates Equinor a hold and projects roughly 11.6% annualized total returns over five years driven by about 7% EPS growth, a near 6% dividend yield, and a valuation seen as approximately fair rather than deeply discounted, with emphasis on strong assets but cyclical earnings.
Sure Dividend · October 30, 2025Equinor ASA (EQNR)The October 2025 report argues Equinor is significantly undervalued with an expected 13.7% medium‑term annual total return supported by planned production growth, disciplined cost control, share buybacks and robust dividend growth, yet maintains a hold rating due to energy‑sector cyclicality, policy risk and recession sensitivity despite the “rock‑solid” investment case.