Equinor ASA (NYSE:EQNR) Posts Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Equinor ASA (NYSE:EQNR) released its earnings results on Tuesday. The company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.38 by ($0.18), FiscalAI reports. The business had revenue of $32.96 billion for the quarter, compared to analyst estimates of $33.30 billion. Equinor ASA had a return on equity of 23.60% and a net margin of 7.92%.

Equinor ASA Stock Up 1.2%

Shares of EQNR traded up $0.54 during trading hours on Wednesday, reaching $47.60. The stock had a trading volume of 2,382,416 shares, compared to its average volume of 5,081,356. The firm has a 50-day simple moving average of $43.69 and a 200 day simple moving average of $37.07. Equinor ASA has a 12 month low of $22.26 and a 12 month high of $49.08. The company has a current ratio of 1.18, a quick ratio of 1.10 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $113.80 billion, a price-to-earnings ratio of 13.04, a P/E/G ratio of 1.82 and a beta of 0.13.

Analysts Set New Price Targets

Several analysts have recently weighed in on EQNR shares. SEB Equity Research reiterated a “sell” rating on shares of Equinor ASA in a research note on Friday, October 2nd. Bank of America upgraded shares of Equinor ASA from a “neutral” rating to a “buy” rating and set a $49.00 price target for the company in a report on Friday, September 18th. Berenberg Bank reaffirmed a “hold” rating on shares of Equinor ASA in a research note on Friday, July 24th. DZ Bank lowered shares of Equinor ASA from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, Zacks Research raised shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 25th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $43.47.

Key Stories Impacting Equinor ASA

Here are the key news stories impacting Equinor ASA this week:

• Positive Sentiment: Equinor reported third-quarter adjusted operating income of $12.35 billion and adjusted net income of $2.86 billion. Profit benefited from favorable energy-market conditions, with earnings described as nearly a four-year high. Equinor third quarter 2026 results
• Positive Sentiment: The company raised its 2026 oil and gas production-growth target to approximately 4%, from 3% previously, signaling stronger output and potentially higher cash generation. Equinor’s Earnings Double
• Positive Sentiment: Equinor will begin the fourth tranche of its 2026 share-buyback program on October 29, supporting per-share value and signaling management confidence. Equinor share buyback
• Positive Sentiment: Equinor declared a third-quarter cash dividend of $0.39 per share, adding to the stock’s income appeal. Renewable generation also rose 26% year over year, highlighting progress in its energy-transition portfolio. Equinor dividend announcement
• Neutral Sentiment: Equinor warned that colder weather could trigger another European natural-gas price spike as inventories decline and the region relies more heavily on scarce LNG supplies. Higher prices could benefit Equinor, but the risk underscores demand and supply volatility. Equinor winter gas warning
• Negative Sentiment: Adjusted EPS of $1.20 and revenue of $32.96 billion both fell short of analyst expectations of $1.38 and $33.30 billion, respectively. DZ Bank also downgraded the stock from “buy” to “hold.”
• Negative Sentiment: Board member Hilde Møllerstad sold 1,662 shares at NOK 442.50 each. The transaction is relatively small, but insider selling can weigh modestly on sentiment. Equinor insider share sale

About Equinor ASA

Equinor ASA is a Norwegian energy company headquartered in Stavanger, Norway. Founded in 1972 as Den norske stats oljeselskap, the company was later known as Statoil and StatoilHydro before adopting the Equinor name in 2018. The Norwegian state remains its largest shareholder.

Equinor’s core business is the exploration, development, production and marketing of oil and natural gas, with Norway’s continental shelf serving as its principal operating area. The company also processes and markets energy products and supplies natural gas and crude oil to customers in Europe and other international markets.

In addition to its oil and gas operations, Equinor is developing lower-carbon energy businesses, including offshore wind, solar power, carbon capture and storage, and other renewable energy projects.