Reuters·1d ago
Equinor prepares to fix Visund gas, oil platform after fireEquinor prepares to fix Visund gas, oil platform after fire
Equinor's fundamentals show a sharp earnings recovery, with operating margin rebounding to 35.9% in 2026Q3 after a 2025Q3 net loss of $210M, and total equity rising from $40.4B to $44.9B while total debt fell from $33.4B to $29.7B over three quarters.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue peaked near $34.5B in 2026Q2 before easing to $32.9B in 2026Q3, while gross margin compressed from 46.0% to 46.7% in a volatile pattern that reflects commodity-linked timing rather than a steady volume-led trend.
Equinor is a multinational energy company with operations in over 20 countries, leveraging its extensive international presence and expertise in petroleum and renewables.
EQNR's trailing P/E of 9.43 and forward P/E of 16.31 indicate attractive valuation metrics, potentially signaling undervaluation or growth opportunities.
Equinor is expanding its positions in renewables and low-carbon solutions, aligning with global energy transition trends and diversifying its revenue streams.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $1.20-13.0% vs $1.38 | $33.2B-0.3% vs $33.3B |
Q3 2026 Jul 22, 2026 | $1.33-4.3% vs $1.39 | $34.5B+1.5% vs $34.0B |
Q2 2026 May 6, 2026 | $1.48+46.5% vs $1.01 | $27.8B-3.1% vs $28.7B |
Q1 2026 Feb 4, 2026 | $0.81+35.0% vs $0.60 | $25.3B+14.7% vs $22.1B |
Equinor prepares to fix Visund gas, oil platform after fire
EQNR raises its 2026 production growth outlook to 4% on strong operations and refining results despite a Q3 earnings and revenue miss.
LNG, EQNR and GDYN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 4, 2026.
DBI, EQNR, BNED, LNG and ODD have been added to the Zacks Rank #1 (Strong Buy) List on November 4, 2026.
Benchmark EQNR against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Equinor ASA (EQNR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $41.99 | $100.39B | 21.53 | 3.56% | 4.77% | 12.21% | 4.39% | |
| $44.53 | $116.6B | 2182.84 | 0.08% | 3.79% | 11.75% | 4.29% | |
| $99.09 | $276.27B | 16.52 | -6.13% | 10.18% | 17.89% | 2.87% | |
| $87.82 | $195.58B | 15.19 | -6.78% | 10.46% | 17.56% | 4.35% | |
| $55.45 | $80.33B | 31.81 | -7.48% | 8.72% | 14.2% | 4.02% | |
| $15.55 | $31.97B | 12.34 | -16.39% | 10.11% | 11.73% | 10.57% |
Equinor ASA (EQNR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Equinor ASA (EQNR) stock FAQ — growth, dividends, profitability & financials explained
Equinor ASA (EQNR) reported $120.54B in revenue over the trailing twelve months. Revenue was $106.16B in fiscal year 2025. That is 664% more than the $13.90B of fiscal year 1998.
Equinor ASA (EQNR) grew revenue by 3.6% in fiscal year 2025, compared with the prior fiscal year.
Yes. Equinor ASA (EQNR) earned $11.80B in net income over the trailing twelve months (a 9.8% net margin).
Yes. Equinor ASA (EQNR) pays a dividend that yields 4.39% at the current price, a high yield.
Equinor ASA (EQNR) had a return on equity (ROE) of 12.2% in fiscal year 2025. That is in line with the market's typical 10-15%.
Equinor ASA (EQNR) generated $11.31B in free cash flow over the trailing twelve months.
