Value20202021202220232024TTMSelling/general/admin expenses706 M780 M986 M1.22 B1.25 B—Research & development254 M291 M308 M311 M348 M—Operating income3.42 B33.66 B78.81 B35.77 B30.93 B—Non-Operating Income, Total——————Interest expense, net of interest capitalized——————Non-Operating Income, excl. Interest Expenses——————Unusual income/expense——————Pretax income4.26 B31.58 B78.6 B37.88 B30.99 B—Equity in earnings——————Taxes1.24 B23.01 B49.86 B25.98 B22.16 B—Non-controlling/minority interest14 M14 M3 M19 M23 M—After tax other income/expense——————Net income before discontinued operations5.5 B8.58 B28.74 B11.9 B8.83 B—Discontinued operations——————Net income5.5 B8.58 B28.74 B11.9 B8.83 B—Dilution adjustment——————Preferred dividends——————Diluted net income available to common stockholders——————Basic earnings per share (Basic EPS)——————Diluted earnings per share (Diluted EPS)——————Average basic shares outstanding——————Diluted shares outstanding——————EBITDA——33.88 B-3.03 B-9.43 B—EBIT-24.41 B-1.5 B25 B-12.4 B-19.11 B—Cost of revenue20.99 B35.16 B53.81 B48.17 B50.04 B—Other cost of goods sold——————Depreciation & amortization (cash flow)——8.88 B9.37 B9.68 B—
Equinor ASA
Equinor ASA is a Norwegian multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy and lithium mining. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. As of 2021, the company has 21,126 employees.
The current company was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro. As of 2017, the Government of Norway is the largest shareholder with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy. The company is headquartered and led from Stavanger, while most of their international operations are currently led from Fornebu, outside Oslo.
The name Equinor was adopted in 2018 and is formed by combining equi, the root for words such as equity, equality, and equilibrium, and nor, indicating that the company is of Norwegian origin. The Norwegian meaning of the former name Statoil is 'state oil', indicating that the oil company is state-owned.