Equinor ASA (EQNR) To Go Ex-Dividend on February 17th

Equinor ASA (NYSE:EQNR) declared a quarterly dividend on Tuesday, January 20th. Investors of record on Tuesday, February 17th will be given a dividend of 0.37 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Tuesday, February 17th.

Equinor ASA has raised its dividend by an average of 0.3%per year over the last three years. Equinor ASA has a dividend payout ratio of 39.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Equinor ASA to earn $3.38 per share next year, which means the company should continue to be able to cover its $1.21 annual dividend with an expected future payout ratio of 35.8%.

Equinor ASA Price Performance

EQNR stock opened at $25.64 on Thursday. The business’s 50-day moving average is $23.48 and its two-hundred day moving average is $24.28. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.48 and a quick ratio of 1.38. The firm has a market capitalization of $75.51 billion, a P/E ratio of 12.15, a P/E/G ratio of 3.07 and a beta of 0.36. Equinor ASA has a 1 year low of $21.41 and a 1 year high of $28.26.

Equinor ASA (NYSE:EQNR) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.20). The firm had revenue of $26.06 billion during the quarter, compared to analyst estimates of $23.26 billion. Equinor ASA had a net margin of 5.27% and a return on equity of 14.34%. Analysts anticipate that Equinor ASA will post 3.46 earnings per share for the current fiscal year.

Equinor ASA Company Profile

Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.

In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.