Key Factors to Evaluate Before Investing in Equinor (EQNR)

By Emilio Sanchez • Monday, October 07 10:11 • Permanent Link

Equinor sank -3.6% today, compared to the S&P 500's day change of -0.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Equinor has moved -18.7% over the last year, and the S&P 500 logged a change of 32.6%
EQNR has an average analyst rating of buy and is -11.76% away from its mean target price of $29.64 per share
Its trailing earnings per share (EPS) is $3.29
Equinor has a trailing 12 month Price to Earnings (P/E) ratio of 7.9 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $2.95 and its forward P/E ratio is 8.9
The company has a Price to Book (P/B) ratio of 1.71 in contrast to the S&P 500's average ratio of 4.74
Equinor is part of the Energy sector, which has an average P/E ratio of 13.62 and an average P/B of 1.86
EQNR has reported YOY quarterly earnings growth of 8.4% and gross profit margins of 0.4%
The company has a free cash flow of $12.97 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum 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; trades in power and emissions; operates refineries, terminals and processing, and power plants; and develops low carbon solutions for oil and gas. In addition, it develops carbon capture and storage projects; provides transportation solutions, including pipelines, shipping, trucking, and rail; and develops and explores for renewable energy, such as offshore wind, green hydrogen, and solar power. 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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.