NYSE: EQNR
Equinor ASA
Energy · Oil & Gas Integrated
Market Cap
$92.52B
52w High
$43.46
52w Low
$22.26
P/E
16.45
Volume
3.48M
Outstanding Shares
2.53B
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 50.27% over the last year. Revenue declined 2.41% over the trailing twelve months. Operating margin moved from 30.12% to 24.8%. Free cash flow declined 72.68% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 92nd percentile of its historical P/FCF range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 24.8%) would need to stabilize or improve to justify the move. Revenue is declining 2.41% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
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.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
7
Buy
13
Hold
3
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 22, 2026
Q3 FY26 · EPS est $1.39 · Revenue est $34.5B
View
Dividends
$1.52/shareQuarterlyAdequateEQNR pays a dividend with a 4.16% declared yield, growing at 26.46% annually, covered 1.3× by free cash flow.
Declared Yield
4.16%
Annual Div / Share
$1.52
TTM $1.58
5yr CAGR
+26.46%
Doubles every ~3.0yr
Payout Ratio
68.26%
Adequate
Dividend Growth Rate
3yr CAGR
-23.54%
5yr CAGR
+26.46%
10yr CAGR
+5.61%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$3/mo
In 5 yrs
$6/mo
In 10 yrs
$11/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$42/yr $3/mo | $73/yr+76% $6/mo | $129/yr+211% $11/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 4.16% → 12.93% over 10yr
Analysis
Dividend Strengths
Strong dividend growth rate
The 5-year CAGR of 26.46% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.