Equinor ASA (NYSE:EQNR – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.03, Yahoo Finance reports. Equinor ASA had a return on equity of 20.65% and a net margin of 9.11%. The business had revenue of $25.54 billion for the quarter, compared to analysts’ expectations of $25.93 billion. During the same period last year, the business earned $0.74 EPS.
Equinor ASA Stock Performance
Shares of Equinor ASA stock traded up $0.02 during trading hours on Friday, hitting $26.01. 2,478,300 shares of the company’s stock traded hands, 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 stock has a market capitalization of $72.64 billion, a price-to-earnings ratio of 8.05, a PEG ratio of 3.57 and a beta of 0.84. The company has a fifty day simple moving average of $27.75 and a 200-day simple moving average of $27.46. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.53 and a quick ratio of 1.76.
Equinor ASA Cuts Dividend
The firm also recently announced a — dividend, which will be paid on Wednesday, August 28th. Stockholders of record on Monday, August 19th will be given a dividend of $0.35 per share. This represents a dividend yield of 4.1%. The ex-dividend date is Monday, August 19th. Equinor ASA’s dividend payout ratio is presently 35.60%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on Equinor ASA
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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