Equinor ASA (STOHF) Stock Price & Analysis
Equinor ASA (STOHF) — price $45.25 (+6.10%), as of the Oct 6, 2026 trading session; market cap $107B.
Educational signal · not a buy or sell recommendation · How to read this
Equinor ASA · STOHF · Energy · Oil & Gas Integrated
Research dated 2026-09-12: Equinor spans petroleum production, processing, transport, trading and refining while also developing wind, carbon storage and other energy projects. Its financial case depends on whether the latest recovery in profit and operating cash flow can persist while capital spending continues and hydrocarbon products remain the economic engine.
Price as of Oct 6, 2026
Key Statistics
MoonshotScore is not published for this security.
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $45.25 | |
| Change on the day | +6.10% | |
| 52-week range | $22.21–$45.70 | |
| Market capitalisation | $107B | |
| Price / earnings (trailing) | 11.34 | |
| Beta (volatility vs the S&P 500) | -0.73 |
Price & events
Point at or tab to any week for its close.
Other perspectives
Council score for Equinor ASA (STOHF): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
9-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 11, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Jun 29, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Jun 29, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.
Readings on this page are from Oct 6, 2026, except a card that shows its own read date.
Watch the STOHF film — every key number, told as a short cinematic story
~2 min · open the film
What is Equinor ASA (STOHF), and what does it report?
Short answer · as of
Equinor is not merely an upstream producer. It extracts crude oil and gas, then processes, transports, refines, markets and trades energy products; it also sells power and emission rights and develops wind and carbon-storage projects.
Research dated 2026-09-12.
Equinor is not merely an upstream producer. It extracts crude oil and gas, then processes, transports, refines, markets and trades energy products; it also sells power and emission rights and develops wind and carbon-storage projects.
Reported revenue therefore measures commodity sales, refined products, liquids, power and trading activity rather than production volumes alone. Crude oil is the largest disclosed product line, with natural gas and natural gas liquids also carrying far more weight than power.
What do the latest results show for Equinor ASA (STOHF)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $34.52B.
Research dated 2026-09-12.
The latest period brought a broad sequential rebound: revenue, gross profit, operating profit and net income all increased, while operating cash flow strengthened and capital expenditure eased. Gross profit had already returned to positive territory in the prior period after an unusual negative reading.
Revenue exceeded the latest market estimate, although reported earnings in the earnings-history series fell short. That distinction matters because stronger sales did not translate into an earnings beat.
Management expects substantial free cash flow over its stated long-range horizon and capital distributions from Adura over the near term. Those are management expectations, while the reported improvement is the current evidence.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 30, 2026 | Not available | Not available | Not available | Not available |
| Mar 31, 2026 | Not available | Not available | Not available | Not available |
| Dec 31, 2025 | Not available | Not available | Not available | Not available |
| Sep 30, 2025 | Not available | Not available | Not available | Not available |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $34.52B | $4.85B | $1.99 (diluted) |
| Q1 FY2026 | $27.82B | $3.11B | $1.24 (diluted) |
| Q4 FY2025 | $25.30B | $1.31B | $0.52 (diluted) |
| Q3 FY2025 | $26.02B | -$210M | -$0.08 (diluted) |
What are the financial strengths and risks for Equinor ASA (STOHF)?
Short answer
Cash and short-term investments were $0.00 at the Jun 30, 2026 balance-sheet date. This figure does not establish a cash runway.
Research dated 2026-09-12.
Cash and short-term investments remain below total debt, leaving Equinor in a net-debt position on that liquidity basis. Cash plus long-term investments exceeds debt, but the long-term holdings are unclassified, so treating the entire amount as readily available liquidity would be aggressive; near-term liquidity ratios nevertheless remain above parity.
Operating cash flow covered capital expenditure comfortably in the latest period, yet the history is uneven and includes periods when investment spending outran operating inflows. Cash recovered recently but still ended below its opening level across the reported window.
The income statement carries direct exposure to crude oil, natural gas, liquids and refined products. Weaker realizations or processing and trading economics can therefore pressure revenue and profit while capital commitments continue; annual revenue most recently rose even as net income extended its retreat from the earlier peak.
What should you watch next at Equinor ASA (STOHF)?
Research dated 2026-09-12.
Equinor has flagged a forthcoming production update and expects a pending transaction to close around the turn of its stated calendar window. Progress on those items, followed by actual Adura distributions, would make management’s cash-flow narrative more concrete.
At the next earnings release, watch the relationship among petroleum-led revenue, operating profit, operating cash flow and capital expenditure. Revenue growth without comparable cash conversion would weaken the latest improvement, especially if cash slips while debt remains above short-term liquidity.
Longer-range consensus revenue expectations slope downward before leveling, while earnings expectations soften and later recover. The useful test is whether operating performance begins to support that stabilization rather than merely clearing a quarterly estimate.
What the records here don't tell us
- No forward revenue or earnings estimate is on file.
- The next earnings date is not yet scheduled in the calendar we read.
- No insider Form 4 transaction falls inside the window this page reads.
Checked against the records this page reads, on the dates shown above.
How is Equinor ASA scored?
Research dated 2026-09-12.
Compared with a pure exploration-and-production company, Equinor captures economics from extraction through processing, transport, refining, marketing and trading. Compared with a power or renewable developer, its reported sales remain overwhelmingly tied to crude oil, gas, liquids and refined products.
The Norway production base sits alongside international and American upstream operations, while wind and carbon storage provide a transition platform within the same enterprise. That breadth changes where earnings can arise, but it does not yet make Equinor’s financial profile resemble a renewable utility.
| Company | Price | Market value | Score |
|---|---|---|---|
| $19.99 Oct 5, 2026 | $104B | — Model unavailable | |
| $26.88 Oct 5, 2026 | $77.9B | — Model unavailable | |
| $14.96 Oct 5, 2026 | $74.2B | — Model unavailable | |
| $24.59 Oct 5, 2026 | $53.7B | — Model unavailable | |
| $44.62 Oct 5, 2026 | $117B | — 5-pillar · not comparable | |
| $68.77 Oct 5, 2026 | $80.7B | — 5-pillar · not comparable | |
| $24.14 Oct 5, 2026 | $156B | — 5-pillar · not comparable | |
| $84.37 Oct 5, 2026 | $188B | — 5-pillar · not comparable | |
| $123.51 Oct 5, 2026 | $61.2B | — 5-pillar · not comparable | |
| $31.47 Oct 5, 2026 | $58.0B | — 5-pillar · not comparable | |
| $96.52 Oct 5, 2026 | $269B | — 5-pillar · not comparable | |
| $17.25 Oct 5, 2026 | $35.5B | — 5-pillar · not comparable |
The comparison model is unavailable. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
What has been published about Equinor ASA (STOHF)?
Common Questions About STOHF (Energy)
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last question is answered from this page's own dated data, not from the research.
Why is Equinor more than a Norwegian oil producer?
Equinor combines Norwegian, international and American production with processing, transport, refining, marketing and trading, while also developing wind and carbon-storage projects. Its reach across the energy chain is broader than upstream extraction.
Which Equinor products shape reported revenue most strongly?
Crude oil is the largest disclosed product line, followed by substantial contributions from natural gas, natural gas liquids and refined products. Power remains comparatively small, so petroleum markets still govern the revenue mix.
Does Equinor’s operating cash flow cover its energy investments?
Coverage was strong in the latest period, but it has not been consistent across the reported history; operating inflows have sometimes fallen below capital expenditure. The recent cash recovery therefore needs to persist before it outweighs the earlier decline.
What is Adura expected to contribute to Equinor?
Management expects Adura to provide capital distributions during the stated near-term window. Delivery depends on the associated transaction progressing to closure, making completion and subsequent cash receipts the relevant checks.
What is the STOHF stock price today?
The last price recorded on this page for Equinor ASA (STOHF) is $45.25, as of the Oct 6, 2026 trading session (source: Financial Modeling Prep (FMP) quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (17 figures)
The 17 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates are shown with the basis each row actually carries; capture and recorded dates are not relabelled as provider-effective dates, and derived figures restate their arithmetic. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 1 fact from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
id.hq | SEC filing business address | Forusbeen 50, Stavanger Norway, Q8, N 4035 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "Forusbeen 50, Stavanger, RO, 4035, NO". |
FMP — 16 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $45.25 | FMP | Financial Modeling Prep (FMP) quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. | |
px.change | Change on the day | +6.10% | FMP | Financial Modeling Prep (FMP) quote | |
px.mcap | Market capitalization | $107B | FMP | Financial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-06. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | +$2.60 | FMP | Financial Modeling Prep (FMP) quote | |
px.range52 | 52-week range | $22.21–$45.70 | FMP | Financial Modeling Prep (FMP) quote | |
px.pe | Price / earnings (trailing) | 11.34 | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | -0.73 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Anders Opedal | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 24,620 | FMP | Financial Modeling Prep (FMP) company profile | |
fin.q_revenue | Revenue, Q2 FY2026 | $34.52B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
fin.annual | Revenue and net result by fiscal year | 4 fiscal years, FY2022 through FY2025: FY2022 revenue $0.00, net result $0.00; FY2023 revenue $0.00, net result $0.00; FY2024 revenue $0.00, net result $0.00; FY2025 revenue $0.00, net result $0.00 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.gross_margin | Gross margin (trailing twelve months) | 40.1% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $0.00 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. The market-value ratio is undefined when the reported amount is zero. | |
fin.total_debt | Total debt | $0.00 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 2.59× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. |
- Published
- Research standards
- Methodology · Editorial policy · Corrections
- Report a number
- sedat@stockexpertai.com
Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Legal name | EQUINOR ASA Our market-data provider lists the name as "Equinor ASA"; the filer's own record is used here. | 2026-09-12 | OFFICIAL | SEC EDGAR filer record |
| Business description | Equinor ASA, an energy enterprise headquartered in Stavanger, Norway, was established in 1972 and operated as Statoil ASA until its renaming in May 2018. The company conducts extensive operations both within Norway and globally, covering the exploration, extraction, movement, refining, and commercialization of petroleum, its derivatives, and various other energy sources. Its activities are organized into several divisions: Exploration & Production Norway, Exploration & Production International, Exploration & Production USA, Marketing, Midstream & Processing, Renewables, and Other. Beyond its core involvement with oil and gas commodities—including crude, condensate, natural gas liquids, natural gas, and liquefied natural gas, which it transports, processes, manufactures, markets, and trades—Equinor also engages in the marketing and trading of electricity and emission rights. The company oversees refineries, terminals, processing plants, and power generation facilities, while actively developing low-carbon technologies for its oil and gas operations. Furthermore, it is a key player in the development of wind energy, carbon capture and storage initiatives, and other renewable energy projects. As of December 31, 2021, Equinor ASA reported proven oil and gas reserves totaling 5,356 million barrels of oil equivalent. The company has forged significant partnerships, including collaboration agreements with Vårgrønn, RWE Renewables, and Hydro REIN. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Power: $2.10B; Crude Oil: $58.40B; Natural gas: $25.29B; Refined products: $10.38B; Natural gas liquids: $21.22B | 2025-12-31 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Sector / industry (provider taxonomy) | Energy / Oil & Gas Integrated The company's SEC filings classify it under SIC 2911 — Petroleum Refining. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-07-22 | FMP | Financial Modeling Prep (FMP) earnings |
| Management outlook — dated call excerpts | Captured record · 4 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-07-22 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Cash, investments and debt | Total debt: $32.42B; Liquidity basis: cash and short-term investments; Total liabilities: $97.77B; Cash and short-term investments: $23.73B; Cash and investments: $39.47B; Long-term investments: $15.74B; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $39.47B; Cash and short-term investments: $23.73B; Long-term investments: $15.74B; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-06-30 | COMPUTED | Computed from the balance sheet |
| Cash against market value | As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$8.69B; Total debt: $32.42B; Cash and investments: $23.73B Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-06-30 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Trailing twelve-month ratio set | Quick ratio: 1.1; Current ratio: 1.18; Debt to equity: 0.75; Net margin: 7.9%; Gross margin: 35.9%; Operating margin: 29.6%; Return on assets: 6.4%; Return on equity: 21.6% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash decline over the reported window | To: 2026-06-30; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $23.73B; Decline: $5.19B; Opening balance: $28.91B; Average change per period: $741.10M Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-30 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length. | 2026-06-30 | COMPUTED | Computed from reported balances |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-12-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Next earnings report | Date: 2026-10-28; EPS estimate: $1.32 per share; Revenue estimate: $32.32B The date is our provider's estimate until the company confirms it. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-12 | FMP | Financial Modeling Prep (FMP) analyst estimates |
Data provided for informational purposes only.