EQNR

Energy

Equinor ASA · Oil & Gas Integrated · $99B

UQS Score — Balanced Preset
11.5
Poor

Equinor ASA scores 11.5/100 using the Balanced preset.

UQS vs Energy Sector
EQNR
11.5
Sector avg
43.5
Quality
Weak
Moat
Weak
Growth
Weak
Risk
Weak
Valuation
Elevated

What is Equinor ASA?

Equinor ASA is a Norway-based international energy company engaged in oil and gas exploration, production, and marketing, with a growing presence in renewable energy.

Equinor generates revenue by exploring for and producing oil and gas — primarily on the Norwegian continental shelf and internationally — while also transporting, refining, and trading petroleum products. The company is expanding into wind energy and carbon capture, reflecting a broader energy transition strategy.

Incorporated in 1972 and headquartered in Stavanger, Norway, the company rebranded from Statoil ASA to Equinor ASA in 2018.

  • Oil and gas exploration and production
  • Liquefied natural gas (LNG) marketing and trading
  • Offshore wind development
  • Carbon capture and storage solutions

Is EQNR a Good Stock to Buy?

UQS Score rates EQNR as Below Average overall.

Equinor's strongest attributes lie in its Risk and Valuation pillars — the stock carries a relatively manageable risk profile for the energy sector and appears Attractively valued relative to peers.

Growth and Moat are both rated Weak, reflecting limited competitive differentiation and constrained near-term expansion prospects.

See the full pillar breakdown and underlying financial metrics by signing up for a Pro account at UQS Score. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does EQNR pay dividends?

Yes — Equinor ASA pays a dividend.

Equinor pays a regular dividend, consistent with the capital return practices common among large integrated energy companies. The dividend reflects the company's cash generation from its upstream operations, though payouts can be sensitive to commodity price cycles.

When does EQNR report earnings?

Equinor reports earnings on a quarterly cadence, typical for internationally listed energy companies.

Results tend to be closely tied to global oil and gas prices, with upstream production volumes and refining margins driving variability quarter to quarter. Renewable energy contributions remain a smaller but growing part of the overall picture.

For the most recent quarter's results, visit Equinor's official investor relations page.

EQNR Price History

+131.5% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Equinor ASA?

$
Today it would be worth
$30,113
That's a +201% total return, or +24.7% annualized.

Based on Equinor ASA's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

Frequently Asked Questions

What does Equinor do?

Equinor is an integrated energy company based in Norway. It explores for and produces oil and gas, trades petroleum products, and is expanding into offshore wind and carbon capture. The Norwegian government is a major shareholder.

Does EQNR pay dividends?

Yes, Equinor pays a regular dividend. Like most large energy producers, its dividend capacity is linked to commodity prices and free cash flow generation. Investors should check the company's investor relations page for the current dividend schedule.

When does EQNR report earnings?

Equinor reports on a quarterly basis. Exact dates are not covered by our data source — visit Equinor's investor relations page for the current earnings calendar.

Is EQNR a good stock to buy?

UQS Score rates EQNR as Below Average overall. While its Risk profile is Good and Valuation is Attractive, weak Growth and Moat scores temper the overall picture. Pro members can view the complete pillar breakdown to form their own assessment.

Is EQNR overvalued?

Based on the UQS Valuation pillar, EQNR is rated Attractive — suggesting the stock is not considered expensive relative to its fundamentals. Energy valuations can shift quickly with commodity prices, so ongoing monitoring matters.

What is EQNR's market cap bracket?

Equinor is classified as a large-cap company, placing it among the bigger publicly traded energy producers globally.

Who founded Equinor?

Equinor was incorporated in 1972 as Statoil, established by the Norwegian government to manage the country's petroleum resources. It rebranded to Equinor in 2018 to reflect its broader energy ambitions beyond oil and gas.

Is EQNR a long-term quality investment?

As a long-term quality indicator, EQNR scores Below Average on the UQS composite. Its Attractive valuation and manageable risk are positives, but weak Moat and Growth scores suggest limited structural advantages for long-term compounding. Full details are available to Pro members.

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  • ✓Compare EQNR side-by-side with energy sector peers
  • ✓Track score changes over time with historical data
Analyze EQNR in Detail →

Pro Analysis

EQNR — Score History

102030405060Jul 11Jul 29Aug 16Sep 3Sep 21Oct 8
Score changes· 14 most recent
DateUQSQualityMoatGrowthRiskValueChange
Aug 30, 202611.50.024.00.036.90.0-36.0
Aug 9, 202647.563.324.04.964.4100.0-4.3
Aug 2, 202651.866.324.024.766.595.2-0.1
Jul 25, 202651.966.324.024.666.596.1+0.1
Jul 24, 202651.866.324.024.466.595.7-0.1
Jul 23, 202651.966.324.024.466.596.3+4.8
Jul 22, 202647.146.524.024.466.597.50.0
Jul 20, 202647.146.624.024.466.597.6+0.4
Jul 18, 202646.746.624.022.266.597.6-0.1
Jul 16, 202646.846.724.022.366.597.90.0

EQNR — Pillar Breakdown

◆

Quality

— 0.0/100 (25%)

Equinor ASA currently shows below-average quality metrics, suggesting challenges with profitability.

Capital Efficiency (ROIC)Weak

How effectively capital is deployed to generate returns.

Operating ProfitabilityWeak

Ability to convert revenue into operating profit.

Cash GenerationWeak

Free cash flow relative to market value.

▲

Growth

— 0.0/100 (20%)

Equinor ASA faces growth headwinds with declining or stagnant revenue trends.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

Forward Revenue OutlookWeak

Analyst consensus for future revenue growth.

◈

Risk

— 36.9/100 (15%)

Equinor ASA has some risk factors including moderate leverage or solvency concerns.

Financial LeverageStrong

Debt levels relative to earnings capacity.

Current RatioWeak

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

●

Valuation

— 0.0/100 (15%)

Equinor ASA appears expensively valued relative to its fundamentals and growth prospects.

⬡

Moat

— 24/100 (25%)

Equinor ASA operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for EQNR.

Score Composition

Quality
0.0×25%0.0
Growth
0.0×20%0.0
Risk
36.9×15%5.5
Valuation
0.0×15%0.0
Moat
24.0×25%6.0
Total
11.5Poor

Financial Data

More Stock Analysis

How is the EQNR UQS Score Calculated?

The UQS (Unified Quality Score) for Equinor ASA is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Equinor ASA's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Equinor ASA is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.