Equinor ASA (NYSE:EQNR) is expected to report third quarter earnings results, , on Thursday 29th October 2020.
Previous Quarter Performance
Equinor ASA outlined income for the second quarter of $ 0.20 per share, from the revenue of $ 8,044.00 million. The quarterly earnings 41.18 percent while revenues gained 47,554.03 percent compared with the same quarter last year. The consensus estimates are $ 16520.00 million in revenue The top line results fell short of analysts by $ 8 million or 51.31 percent.
Stock Performance
Shares of Equinor ASA traded low $ -0.47 or -3.50 percent on Wednesday, reaching $ 12.96 with volume of 5.12 million shares. Equinor ASA has traded high as $ 13.15 and has cracked $ 12.82 on the downward trend
According to the previous trading day, closing price of $ 12.96, representing a 59.69 % increase from the 52 week low of $ 8.41 and a 36.17 % decrease over the 52 week high of $ 21.04.
The company has a market capital of $ 42.59 billion and is part of the Energy sector and Oil & Gas Integrated industry.
Recent Analyst recommendations
- On 11th September 2020, upgraded by RBC Capital to Outperform from Sector Perform rating.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.09 per share on July 24, 2020. The dividend were payable on November 25, 2020 to holders of record as of the close of business on November 13, 2020 and ex-dividend date on November 12, 2020.
Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company operates through Development & Production Norway; Development & Production Brazil; Development & Production International; Marketing, Midstream & Processing; New Energy Solutions; Technology, Projects & Drilling; Exploration; and Global Strategy & Business Development segments. It also transports, processes, manufactures, markets, and trades in oil and gas commodities, such as crude and condensate products, gas liquids, natural gas, and liquefied natural gas; markets and trades in electricity and emission rights; and operates refineries, processing and power plants, and terminals.
