Equinor ASA (NYSE:EQNR – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.03, Yahoo Finance reports. The company had revenue of $25.54 billion during the quarter, compared to analysts’ expectations of $25.93 billion. Equinor ASA had a net margin of 9.11% and a return on equity of 20.65%. During the same period last year, the business earned $0.74 EPS.
Equinor ASA Stock Up 0.1 %
Shares of NYSE:EQNR traded up $0.02 during midday trading on Friday, hitting $26.01. The stock had a trading volume of 2,478,300 shares, compared to its average volume of 2,574,325. Equinor ASA has a 12 month low of $24.44 and a 12 month high of $34.73. The company has a quick ratio of 1.76, a current ratio of 1.53 and a debt-to-equity ratio of 0.53. The business’s 50-day simple moving average is $27.75 and its 200-day simple moving average is $27.46. The company has a market cap of $72.64 billion, a P/E ratio of 8.05, a PEG ratio of 3.57 and a beta of 0.84.
Equinor ASA Cuts Dividend
The company also recently announced a — dividend, which will be paid on Wednesday, August 28th. Investors of record on Monday, August 19th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Monday, August 19th. This represents a dividend yield of 4.1%. Equinor ASA’s dividend payout ratio is presently 35.60%.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on EQNR
About Equinor ASA
Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments.
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