Equinor ASA (0M2Z)

Profile

https://www.equinor.com

Equinor ASA is a Norway-based integrated energy company engaged in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy primarily on the Norwegian Continental Shelf and internationally. It operates through key segments including Exploration & Production Norway, Exploration & Production International, Exploration & Production USA, Marketing, Midstream & Processing, Renewables, and Other, producing around 2.1 million barrels of oil equivalent per day with proven reserves of 6.1 billion barrels. The company develops carbon capture and storage projects, renewable energy sources such as offshore wind, solar power, and green hydrogen, while providing transportation solutions via pipelines, shipping, trucking, and rail. Equinor ASA holds a significant 10% stake in Ørsted A/S, a leading offshore wind developer, and maintains strong cash flow generation with a focus on shareholder returns through dividends and share buybacks. Headquartered in Stavanger with approximately 25,155 employees, Equinor ASA plays a pivotal role in Europe's energy supply, particularly as the largest natural gas provider, and is positioning itself as a leader in the energy transition by leveraging its oil and gas expertise alongside growing low-carbon initiatives.