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Equinor ASA is a global energy company operating in the integrated oil and gas industry, originally founded by the Norwegian government under the name Statoil.
Headquartered in Norway and publicly traded in the United States, the company is one of the world’s leading operators in exploration, production, and distribution of oil and natural gas.
Equinor employs approximately 21,000 people worldwide and is strongly focused on the energy transition, expanding its portfolio into renewable energy sources and sustainable solutions for the sector.
Its core operations include offshore oil and gas exploration, renewable energy development — such as wind and solar power — and carbon storage solutions.
With a broad international footprint, Equinor maintains operations across Europe, North America, South America, Africa, and Asia, managing large-scale deepwater assets and renewable energy projects in key global regions.
The company is committed to decarbonization, actively investing in carbon capture and storage (CCS) initiatives and platform electrification projects to lower its emissions.
Equinor’s shares trade on the New York Stock Exchange (NYSE) under the ticker EQNR, and in Brazil, the company’s securities can be accessed through the Brazilian Depositary Receipt (BDR) E1QN34, allowing local investors exposure to the firm.
History and Founding of Equinor ASA
Equinor ASA was founded in 1972 in Norway as a state-owned company tasked with developing the country’s vast North Sea oil and gas reserves.
From its inception, Equinor played a pivotal role in building a sustainable and efficient national oil industry, earning global recognition for its operational excellence and technological innovation.
In its early years, the company was instrumental in driving Norway’s economic growth, overseeing exploration and production in key fields such as Ekofisk, which helped establish Norway as one of the world’s leading oil exporters.
Over the following decades, Equinor expanded internationally, investing in major projects across North America, Brazil, and other strategic energy markets.
In 2001, the company completed its initial public offering (IPO) and began trading on the New York Stock Exchange (NYSE) under the ticker EQNR, strengthening its capital base to support global expansion.
In 2018, the company rebranded from Statoil to Equinor, reflecting its broader strategy to transition toward renewable energy and sustainability, particularly through offshore wind development and carbon emission reduction initiatives.
Between 2020 and 2024, Equinor faced significant challenges stemming from oil price volatility, regulatory shifts, and accelerating pressures for energy transition.
During this period, the company increased its investments in renewable energy, carbon capture and storage (CCS) technologies, and other low-carbon innovations to align with global climate goals.
Today, Equinor ASA remains a key global player in the energy industry, strategically balancing its oil and gas operations with the development of cleaner energy solutions, reinforcing its position as a leader in the global shift toward a low-carbon economy.
Additional Information
The Company Equinor ASA (United States), is listed on NYSE with a market cap of $ 58.07 Billions, having an equity of $ 40.59 Billions.
With a total of 21.245 employees, the company is listed in the sector of Energy and categorized in industry of Oil & Gas Integrated.
In the last 12 months the Company had a revenue of $ 107.07 Billions, which generated a loss in the amount of $ 5.73 Billions.
As for its main indicators, the Company has a P/E ratio of 10.14, a P/BV ratio of 1.43 and in the last 12 months the dividend yield of EQNR was at 9.31%.
The Company is traded internationally through the ticker EQNR.
