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.

Equinor ASA

Equinor Ventures

We're Equinor, an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.  

We're the leading operator on the Norwegian continental shelf and have substantial international activities. We are engaged in exploration, development and production of oil and gas, as well as wind and solar power. We sell crude oil and are a major supplier of natural gas, with activities in processing, refining, and trading. Our activities are managed through eight business areas, staffs and support divisions, and we have operations in North and South America, Africa, Asia, Europe and Oceania, and Norway.
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On this page we encourage you to share your views on energy, sustainability, technology and innovation. We appreciate all feedback, but encourage politeness and a respectful tone.

See our full privacy policy here: https://www.equinor.com/about-us/privacy-policy-and-data-protection

See our policy for social media here: En: https://www.equinor.com/about-us/social-media#social-media-guidelines

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Are you ready to become an apprentice in Equinor? Or do you know someone that should? 

We are closing in on the deadline for applying for an apprenticeship in Equinor. The important date is 30 January. 

When I visit Equinor’s plants, installations, and sites, I really like to meet and chat with Equinor’s apprentices. They always have interesting perspectives on why they chose Equinor and how it has been to join our organization. When I ask them why they chose Equinor, many say that they really wanted to learn from the best, to get opportunities and to work in a good place. This is why many continue to work for us for many years. 

We have a long-term perspective on the apprenticeship program and take a broad perspective to ensure recruitment of employees with important skills for the future. 

If you want to learn more on our apprenticeship program, the available positions and apply, check out the link: 

https://lnkd.in/dr_7zhre

Photo: Meeting apprentices at Melkøya in Hammerfest  

Equinor has applied for two CCS licenses in Denmark, together with Ørsted in one license and the other together with Wintershall Dea. We are happy to be a part of developing the Danish CCS industry to offer efficient decarbonization to European industry.
 
Safety and quality is important as we look forward to work with Danish authorities, partners, and local communities to develop new value chains needed to support the energy transition. 

#ccs #denmark 

Offshore wind is here to stay!

Many thanks to #Handelsblatt conference and Kathrin Witsch for leading us through a good and important conversation and my fellow panelists Carsten Bovenschen and Günter Gülker for sharing their insights and perspectives. Equinor wants to be a trusted energy partner to Germany and help reach the Government’s climate and decarbonisation ambitions.
 
To do that we want to broaden the Germany – Norway energy partnership that’s existed since the 1970s with offshore wind. Despite the rough weather offshore wind has faced the last year, we very much believe this key and scalable provider of green electrons is here to stay. Germany is paving the way in Europe and I leave this year’s Handelsblatt conference with an increased belief that the tide is beginning to turn. Thanks also for the excellent meetings and talks! A successful transition can only be achieved with strong and reliable partners.

Our first commercial battery storage asset has now come into operation 🔋

The Blandford Road asset in Dorset can store enough electricity to power 75,000 UK homes for two hours, and marks an important milestone in our ambition of delivering flexible power solutions in the country 🇬🇧

The British Energy Security Strategy has set an ambition for 95% of the UK’s electricity to be low carbon by 2030, and #batterystorage systems can play an important role in this transition. They can store excess power generated from wind and solar and release it when the electricity grid needs the power most ⚡

We plan to invest over £10 billion in the UK by 2030 and create over 5,000 jobs in offshore wind, CO2 capture and storage, hydrogen, battery storage, and oil and gas 🙏

We’ve been awarded 39 new production licences by the Norwegian Ministry of Energy in this year's Awards in Predefined Areas (APA).
 
These include 18 production licences in the North Sea, 13 in the Norwegian Sea, and 8 in the Barents Sea. We’re the operator of 14 of the awarded licenses, and a partner in 25 🇳🇴
 
New discoveries reduce Norwegian continental shelf (NCS) production decline, secure long-term NCS activity and contribute to energy security in the European and UK energy transition 🇪🇺🇬🇧
 
They are also included in our energy transition plan – which is committed to cutting emissions in line with the Paris Agreement.
 
We’re the operator of – or participating in – 20-30 exploration wells on the NCS. Around 80 percent of these are near existing infrastructure and in known geology.
 
Infrastructure-led discoveries can be rapidly developed, at a low cost, and with low greenhouse gas emissions from production and transportation.
 
More ⬇️

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	101.85B -	81.62B 19.86%	52.93B 35.14%	45.69B 13.69%	60.97B 33.45%	78.56B 28.84%	62.91B 19.91%	45.75B 27.27%	88.74B 93.96%	149.00B 67.90%	106.85B 28.29%
cost of revenue	62.47B -	54.16B 13.29%	39.25B 27.54%	33.05B 15.78%	36.86B 11.50%	47.77B 29.60%	42.74B 10.53%	36.22B 15.24%	46.88B 29.42%	60.20B 28.41%	70.13B 16.49%
gross profit	39.38B -	27.45B 30.29%	13.69B 50.15%	12.63B 7.69%	24.11B 90.89%	30.79B 27.68%	20.18B 34.48%	9.53B 52.75%	41.87B 339.20%	88.81B 112.13%	36.72B 58.65%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses	1.51B -	981.87M 35.09%	853.20M 13.10%	762M 10.69%	738M 3.15%	758M 2.71%	809M 6.73%	706M 12.73%	780M 10.48%	986M 26.41%	1.22B 23.53%
research and development expenses							300M -	254M 15.33%	291M 14.57%	308M 5.84%	311M 0.97%
other expenses	12.89B -	12.21B 5.26%	11.56B 5.36%	12.09B 4.63%	10.21B 15.59%	10.65B 4.31%	10.23B 3.92%	12.30B 20.24%	8.13B 33.88%	9.63B 18.40%
cost and expenses	76.34B -	66.86B 12.42%	51.21B 23.40%	45.49B 11.18%	47.39B 4.17%	58.71B 23.89%	53.78B 8.40%	49.23B 8.46%	55.79B 13.33%	70.81B 26.92%	71.34B 0.75%
operating expenses	13.88B -	12.70B 8.51%	11.97B 5.75%	12.44B 3.91%	10.53B 15.30%	10.95B 3.91%	11.04B 0.87%	13.01B 17.83%	8.91B 31.47%	10.62B 19.10%	1.22B 88.53%
interest expense	756.38M -	1.02B 35.15%	887.33M 13.20%	1.04B 17.54%	903M 13.42%	1.04B 15.17%	1.45B 39.42%	1.39B 4%	769M 44.76%	1.38B 79.32%	1.66B 20.38%
ebitda	38.05B -	28.89B 24.07%	17.27B 40.23%	12.06B 30.13%	22.90B 89.82%	29.67B 29.55%	23.25B 21.64%	12.37B 46.80%	45.04B 264.17%	86.42B 91.88%	46.08B 46.68%
operating income	25.57B -	14.73B 42.40%	1.70B 88.49%	80M 95.28%	13.77B 17,113.75%	20.14B 46.23%	9.30B 53.82%	-2.87B 130.83%	33.66B 1,274.15%	78.81B 134.12%	35.51B 54.95%
depreciation and amortization	11.90B -	13.64B 14.56%	15.22B 11.60%	11.55B 24.12%	8.64B 25.16%	9.25B 7.00%	13.95B 50.83%	15.23B 9.21%	11.38B 25.32%	7.61B 33.08%	10.57B 38.86%
total other income expenses net	-2.61B -	443.86M 116.98%	-705.31M 258.91%	231M 132.75%	253M 9.52%	-216M 185.38%	-7M 96.76%	-1.39B 19,785.71%	-2.08B 49.43%	-207M 90.05%	2.38B 1,249.76%
income before tax	22.76B -	14.71B 35.34%	489.17M 96.68%	-178M 136.39%	13.42B 7,639.33%	18.87B 40.64%	9.29B 50.77%	-4.26B 145.84%	31.58B 841.56%	78.60B 148.88%	37.88B 51.80%
income tax expense	16.31B -	11.76B 27.93%	4.73B 59.74%	2.72B 42.44%	8.82B 223.86%	11.34B 28.49%	7.44B 34.35%	1.24B 83.38%	23.01B 1,759.90%	49.86B 116.72%	25.98B 47.90%
net income	6.56B -	2.95B 55.10%	-4.27B 244.83%	-2.92B 31.50%	4.59B 257.08%	7.54B 64.16%	1.84B 75.54%	-5.50B 398.21%	8.56B 255.80%	28.75B 235.70%	11.88B 58.66%
weighted average shs out	3.18B -	3.18B 0.02%	3.18B 0.03%	3.19B 0.50%	3.27B 2.29%	3.33B 1.77%	3.33B 0%	3.27B 1.71%	3.25B 0.73%	3.17B 2.19%	3.02B 4.82%
weighted average shs out dil	3.19B -	3.19B 0.13%	3.18B 0.26%	3.19B 0.49%	3.27B 2.28%	3.33B 1.77%	3.33B 0.24%	3.27B 1.95%	3.25B 0.46%	3.18B 2.18%	3.03B 4.90%
eps	2.06 -	0.93 54.85%	-1.34 244.09%	-0.91 32.09%	1.40 253.85%	2.27 62.14%	0.55 75.77%	-1.68 405.45%	2.64 257.14%	9.06 243.18%	3.93 56.62%
epsdiluted	2.06 -	0.92 55.34%	-1.34 245.65%	-0.91 32.09%	1.40 253.85%	2.27 62.14%	0.55 75.77%	-1.68 405.45%	2.63 256.55%	9.03 243.35%	3.93 56.48%

NYSE:EQNR

Equinor

Last Close

27.10

25/04 20:00

Market Cap

86.51B

Beta: 0.51

Volume Today

11.78M

Avg: 3.39M

PE Ratio

4.93

PFCF: 5.26

Dividend Yield

9.47%

Payout:60.72%

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