Equinor ASA

Equinor ASA ($EQNR) ~ Beautiful WaVes...

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Business Summary

Equinor ASA, formerly Statoil ASA is a Norway-based international energy company. The Company’s purpose is to turn natural resources into energy. Equinor sells crude oil and delivers natural gas to the European market. It is also engaged in processing, refining, offshore wind and carbon capture and storage activities. Equinor ASA has five reporting segments: Exploration & Production Norway (E&P Norway), Exploration & Production International (E&P International), Exploration & Production USA (E&P USA), Marketing, Midstream & Processing (MMP) and Renewables (REN). The Company has several subsidiaries such as Equinor Nigeria Energy Company Ltd, Equinor Wind Power AS, Equinor International Netherlands BV and Equinor Brasil Energia Ltda. EQNR 1.15%↑

Financial Summary

BRIEF: For the six months ended 30 June 2025, Equinor ASA (ADR) revenues increased 8% to $54.51B. Net income decreased 13% to $3.94B. Revenues reflect Marketing, Processing and Renewable Energy segment increase from $25.14B to $53.86B, Exploration and Production - International segment increase of 90% to $308M. Net income was offset by REN segment loss increase from $90M to $1.26B, Marketing.

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