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Equinor EQNR

US equityMarket cap rank #154
$43.22
+$0.32 (+0.75%)
Market open · Sep 24, 2:00 pm ET
After hours $43.06 +0.37%
Open$43.70
Prev close$42.90
Day range$42.94 – $44.10
Volume3.59M
Market cap$102.46B
P/E (TTM)11.7
Dividend yield3.47%

Earnings

Average move on report day±3.0%last 15 reports
Closed higher7 of 1547% of the time
Best reaction+6.5%
Worst reaction-8.1%

Stock move on the day after each report

-1.8%2023/Q2-2.7%2023/Q4-0.6%2024/Q1-0.5%2024/Q2+3.6%2024/Q3-5.4%2024/Q4-3.4%2025/Q1+1.4%2025/Q2+0.3%2025/Q3+1.7%2025/Q4-8.1%2026/Q1+6.3%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q328 Oct 2026––––
2026/Q222 Jul 2026–±3.2%+6.30%Bigger than priced
2026/Q16 May 2026–±2.5%-8.05%Bigger than priced
2025/Q44 Feb 2026–±1.3%+1.71%Bigger than priced
2025/Q329 Oct 2025–±1.1%+0.33%Within range
2025/Q223 Jul 2025–±1.7%+1.37%Within range
2025/Q130 Apr 2025–±1.7%-3.42%Bigger than priced
2024/Q45 Feb 2025–±1.6%-5.37%Bigger than priced
2024/Q324 Oct 2024–±1.7%+3.63%Bigger than priced
2024/Q224 Jul 2024Pre Market±1.5%-0.50%Within range
2024/Q125 Apr 2024–±1.7%-0.57%Within range
2023/Q47 Feb 2024–±1.4%-2.66%Bigger than priced
2023/Q226 Jul 2023–±2.0%-1.76%Within range
2023/Q14 May 2023–±1.5%+6.53%Bigger than priced
2022/Q48 Feb 2023–±2.0%+1.05%Within range
2022/Q328 Oct 2022–±3.7%-1.44%Within range

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Where the revenue comes from

Quarter 2026/Q1

By business line

  • Marketing, Midstream & Processing (MMP)$26.65B 65.1%
  • Exploration & Production (E&P) Norway$10.44B 25.5%
  • Exploration & Production (E&P) International$1.59B 3.9%
  • Exploration & Production (E&P) USA$1.38B 3.4%
  • Power$824.00M 2.0%
  • Other$46.00M 0.1%

Latest reported quarter: Q2, ended Jun 2026

Revenue$34.52B+37.4% YoY
Operating profit$12.86B+125.2% YoY
Net profit$4.84B+267.2% YoY
Diluted EPS$1.99+298.0% YoY
Free cash flow$6.60B+814.1% YoY
Operating cash flow$9.47B

Revenue, last 8 quarters

$25.4BSep '24$26.5BDec '24$29.4BMar '25$25.1BJun '25$26.0BSep '25$25.3BDec '25$27.8BMar '26$34.5BJun '26

Net profit, last 8 quarters

$2.3BSep '24$2.0BDec '24$2.6BMar '25$1.3BJun '25$-204.0MSep '25$1.3BDec '25$3.1BMar '26$4.8BJun '26

Profitability & balance sheet

Gross margin40.4%
Operating margin28.0%
Net margin8.0%
Return on equity21.3%
Return on assets6.5%
Return on invested capital12.0%
Current ratio1.18
Liabilities / assets69.4%
Cash & investments$23.73B
Total debt$31.05B
Net cash (debt)-$7.32B
Free cash flow / sales8.4%
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