Long-Term Investor Stock Analysis of Equinor ASA (EQNR)Read More »
This content is restricted to site members. If you are an existing user, please log in. New users may register below.
Long-Term Investor Stock Analysis of Equinor ASA (EQNR)
Views: 774 Date: 2025-07-28 Equinor is Norway’s state-majority-owned integrated energy company, operating oil & gas exploration, production, refining, trading, and increasingly renewables (wind, hydrogen, solar). In 2024, Equinor produced ~2.07 MBOE/day, with ~$103.8 B in revenue and net income of ~$8.8 B. It earns primarily from upstream hydrocarbons, plus downstream and low-carbon projects. Is the business model simple and sustainable? Yes—though capital-intensive. Hydrocarbon margins deliver high free cash flow, supported by disciplined capex (~$12 B/year) and Norway’s low-cost operations. The backbone is sustainable as long as oil/gas prices remain favorable and cost structure tight. Cash flow from operations after tax was ~$17.9 B in 2024. …
