Seeking Dividends? Explore Opportunities in Europe.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10h ago
0mins
Should l Buy EQNR?
Source: Barron's
U.S. Dividend Seekers: Investors in the U.S. are encouraged to explore European markets for potential dividend opportunities.
European Market Appeal: European companies are offering attractive dividend yields, which may be appealing compared to U.S. counterparts.
Economic Factors: Factors such as currency fluctuations and economic recovery in Europe are influencing the attractiveness of these investments.
Investment Strategy: Diversifying into European dividends could enhance returns for U.S. investors seeking income.
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Analyst Views on EQNR
Wall Street analysts forecast EQNR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EQNR is 23.89 USD with a low forecast of 22.00 USD and a high forecast of 25.79 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 28.580
Low
22.00
Averages
23.89
High
25.79
Current: 28.580
Low
22.00
Averages
23.89
High
25.79
About EQNR
Equinor ASA, formerly Statoil ASA is a Norway-based international energy company. The Company’s purpose is to turn natural resources into energy. Equinor sells crude oil and delivers natural gas to the European market. It is also engaged in processing, refining, offshore wind and carbon capture and storage activities. Equinor ASA has five reporting segments: Exploration & Production Norway (E&P Norway), Exploration & Production International (E&P International), Exploration & Production USA (E&P USA), Marketing, Midstream & Processing (MMP) and Renewables (REN). The Company has several subsidiaries such as Equinor Nigeria Energy Company Ltd, Equinor Wind Power AS, Equinor International Netherlands BV and Equinor Brasil Energia Ltda.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Seeking Dividends? Explore Opportunities in Europe.
U.S. Dividend Seekers: Investors in the U.S. are encouraged to explore European markets for potential dividend opportunities.
European Market Appeal: European companies are offering attractive dividend yields, which may be appealing compared to U.S. counterparts.
Economic Factors: Factors such as currency fluctuations and economic recovery in Europe are influencing the attractiveness of these investments.
Investment Strategy: Diversifying into European dividends could enhance returns for U.S. investors seeking income.
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Trump Administration to Appeal Rulings Blocking Offshore Wind Farms
- National Security Concerns: U.S. Secretary of the Interior Doug Burgum stated that the Trump administration's crackdown on the offshore wind industry is not an ideological attack but a genuine concern regarding national security risks, claiming that offshore wind farms could interfere with radar systems, making the U.S. more vulnerable to drone attacks.
- Court Rulings Overturned: U.S. judges have overturned five orders from President Trump aimed at halting multi-billion-dollar offshore wind projects, with the most recent ruling involving a project off Long Island developed by Ørsted, indicating judicial support for wind energy initiatives.
- Project Resumption Progress: The same D.C.-based district judge previously allowed Ørsted to resume work on its Revolution Wind project off Rhode Island, reflecting a supportive judicial stance that may bolster investment confidence in offshore wind projects.
- Optimistic Industry Outlook: Other projects by Dominion Energy, Equinor, and Iberdrola have also prevailed in court, demonstrating the resilience of the offshore wind industry in the face of regulatory pressures, suggesting a positive outlook for future developments in this sector.
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- International Production Target: Equinor aims to increase its overseas oil production to over 900K barrels/day by 2030, up from approximately 730K barrels/day in 2025, reflecting the company's commitment to expanding its international footprint.
- Project-Driven Growth: The Bacalhau and Raia projects are expected to drive this growth, with Bacalhau projected to ramp up to 220K barrels/day in H2 2026 and Raia set to commence production in 2028, enhancing the company's capacity.
- New Project Development: Equinor is weeks away from approval for the Bay du Nord project, one of Canada's largest planned oil projects, initially targeting over 400 million barrels of oil, showcasing the company's investment potential in emerging markets.
- Asset Optimization Strategy: Despite divesting mature assets, Equinor still anticipates growth, indicating an effective strategy in optimizing its asset portfolio and focusing on high-potential projects to ensure sustainable future development.
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Equinor ASA Reports Strong Q4 2025 Earnings Amid Market Uncertainty
- Strong Financial Performance: Equinor reported earnings per share of $0.81 for 2025, with operational cash flow reaching $18 billion, demonstrating the company's robust financial performance amidst market uncertainty, reflecting its competitive edge in oil and gas production.
- CapEx Adjustment: Management has reduced the capital expenditure outlook by $4 billion for 2026-2027, primarily focused on renewables and low-carbon projects, aiming to address market volatility and optimize capital allocation to ensure maximization of long-term shareholder value.
- Project Progress: The Empire Wind project is over 60% complete, with total CapEx expected at $7.5 billion; despite facing legal and regulatory challenges, the project is anticipated to qualify for $2.5 billion in tax credits, enhancing the company's financial flexibility.
- Shareholder Return Plans: The company aims to increase its quarterly cash dividend by $0.02 per share annually and announced a $1.5 billion share buyback program for 2026, indicating management's confidence in future cash flows and profitability, aimed at enhancing shareholder returns and boosting market confidence.
See More
Equinor Expects Johan Sverdrup Oil Production to Decline
- Production Decline Forecast: Equinor anticipates a minimum 10% decline in oil production at its Johan Sverdrup field by 2026, where exports averaged 712K bbl/day last year, indicating potential revenue impacts for the company.
- Cost Control Initiatives: The company plans to cut operating costs by 10% by 2026 and reduce its organic capital expenditure guidance by $4 billion through 2027, addressing challenges posed by insufficient industry investment.
- Adjusted Share Buyback Plan: Equinor announced a share buyback of up to $1.5 billion this year, significantly down from $5 billion in 2025, reflecting a cautious approach to capital allocation in line with J.P. Morgan analysts' expectations.
- Quarterly Earnings Performance: Despite a 22% year-over-year decline in adjusted operating income to $6.2 billion in Q4, which exceeded analysts' expectations of $5.93 billion, net profit fell to $1.31 billion from $2 billion a year earlier, demonstrating the company's resilience amid challenges.
See More
Equinor Reports Q4 Revenue Decline Amid Strong Production
- Revenue and Earnings Performance: Equinor's Q4 adjusted revenue reached $25.26 billion, a 4% year-over-year decline, although it surpassed the market consensus of $20.17 billion, with adjusted operating income at $6.20 billion, down 22% due to falling liquid prices.
- Production and Output Growth: The company reported total equity liquids and gas production of 2,198 mboe per day in Q4, a 6% increase year-over-year, with equity gas production rising 9%, reflecting strong contributions from the Norwegian Continental Shelf and E&P USA segment.
- Dividend and Buyback Plans: Equinor proposed a cash dividend of 39 cents per share for Q4 2025, a 2-cent increase from the previous quarter, and plans to initiate the first tranche of its 2026 share buyback program on February 5, 2026, with a total buyback amount expected to reach $1.5 billion.
- Future Outlook and Investment: The company anticipates approximately $13 billion in inorganic capital expenditures for 2026, with oil and gas production expected to grow by about 3% year-over-year, while planned maintenance is projected to reduce equity production by around 35,000 barrels of oil equivalent per day, emphasizing a focus on cost control.
See More
Seeking Dividends? Explore Opportunities in Europe.
U.S. Dividend Seekers: Investors in the U.S. are encouraged to explore European markets for potential dividend opportunities.
European Market Appeal: European companies are offering attractive dividend yields, which may be appealing compared to U.S. counterparts.
Economic Factors: Factors such as currency fluctuations and economic recovery in Europe are influencing the attractiveness of these investments.
Investment Strategy: Diversifying into European dividends could enhance returns for U.S. investors seeking income.
See More
Trump Administration to Appeal Rulings Blocking Offshore Wind Farms
- National Security Concerns: U.S. Secretary of the Interior Doug Burgum stated that the Trump administration's crackdown on the offshore wind industry is not an ideological attack but a genuine concern regarding national security risks, claiming that offshore wind farms could interfere with radar systems, making the U.S. more vulnerable to drone attacks.
- Court Rulings Overturned: U.S. judges have overturned five orders from President Trump aimed at halting multi-billion-dollar offshore wind projects, with the most recent ruling involving a project off Long Island developed by Ørsted, indicating judicial support for wind energy initiatives.
- Project Resumption Progress: The same D.C.-based district judge previously allowed Ørsted to resume work on its Revolution Wind project off Rhode Island, reflecting a supportive judicial stance that may bolster investment confidence in offshore wind projects.
- Optimistic Industry Outlook: Other projects by Dominion Energy, Equinor, and Iberdrola have also prevailed in court, demonstrating the resilience of the offshore wind industry in the face of regulatory pressures, suggesting a positive outlook for future developments in this sector.
See More
Equinor Targets 23% Growth in International Production by 2030
- International Production Target: Equinor aims to increase its overseas oil production to over 900K barrels/day by 2030, up from approximately 730K barrels/day in 2025, reflecting the company's commitment to expanding its international footprint.
- Project-Driven Growth: The Bacalhau and Raia projects are expected to drive this growth, with Bacalhau projected to ramp up to 220K barrels/day in H2 2026 and Raia set to commence production in 2028, enhancing the company's capacity.
- New Project Development: Equinor is weeks away from approval for the Bay du Nord project, one of Canada's largest planned oil projects, initially targeting over 400 million barrels of oil, showcasing the company's investment potential in emerging markets.
- Asset Optimization Strategy: Despite divesting mature assets, Equinor still anticipates growth, indicating an effective strategy in optimizing its asset portfolio and focusing on high-potential projects to ensure sustainable future development.
See More
Equinor ASA Reports Strong Q4 2025 Earnings Amid Market Uncertainty
- Strong Financial Performance: Equinor reported earnings per share of $0.81 for 2025, with operational cash flow reaching $18 billion, demonstrating the company's robust financial performance amidst market uncertainty, reflecting its competitive edge in oil and gas production.
- CapEx Adjustment: Management has reduced the capital expenditure outlook by $4 billion for 2026-2027, primarily focused on renewables and low-carbon projects, aiming to address market volatility and optimize capital allocation to ensure maximization of long-term shareholder value.
- Project Progress: The Empire Wind project is over 60% complete, with total CapEx expected at $7.5 billion; despite facing legal and regulatory challenges, the project is anticipated to qualify for $2.5 billion in tax credits, enhancing the company's financial flexibility.
- Shareholder Return Plans: The company aims to increase its quarterly cash dividend by $0.02 per share annually and announced a $1.5 billion share buyback program for 2026, indicating management's confidence in future cash flows and profitability, aimed at enhancing shareholder returns and boosting market confidence.
See More
Equinor Expects Johan Sverdrup Oil Production to Decline
- Production Decline Forecast: Equinor anticipates a minimum 10% decline in oil production at its Johan Sverdrup field by 2026, where exports averaged 712K bbl/day last year, indicating potential revenue impacts for the company.
- Cost Control Initiatives: The company plans to cut operating costs by 10% by 2026 and reduce its organic capital expenditure guidance by $4 billion through 2027, addressing challenges posed by insufficient industry investment.
- Adjusted Share Buyback Plan: Equinor announced a share buyback of up to $1.5 billion this year, significantly down from $5 billion in 2025, reflecting a cautious approach to capital allocation in line with J.P. Morgan analysts' expectations.
- Quarterly Earnings Performance: Despite a 22% year-over-year decline in adjusted operating income to $6.2 billion in Q4, which exceeded analysts' expectations of $5.93 billion, net profit fell to $1.31 billion from $2 billion a year earlier, demonstrating the company's resilience amid challenges.
See More
Equinor Reports Q4 Revenue Decline Amid Strong Production
- Revenue and Earnings Performance: Equinor's Q4 adjusted revenue reached $25.26 billion, a 4% year-over-year decline, although it surpassed the market consensus of $20.17 billion, with adjusted operating income at $6.20 billion, down 22% due to falling liquid prices.
- Production and Output Growth: The company reported total equity liquids and gas production of 2,198 mboe per day in Q4, a 6% increase year-over-year, with equity gas production rising 9%, reflecting strong contributions from the Norwegian Continental Shelf and E&P USA segment.
- Dividend and Buyback Plans: Equinor proposed a cash dividend of 39 cents per share for Q4 2025, a 2-cent increase from the previous quarter, and plans to initiate the first tranche of its 2026 share buyback program on February 5, 2026, with a total buyback amount expected to reach $1.5 billion.
- Future Outlook and Investment: The company anticipates approximately $13 billion in inorganic capital expenditures for 2026, with oil and gas production expected to grow by about 3% year-over-year, while planned maintenance is projected to reduce equity production by around 35,000 barrels of oil equivalent per day, emphasizing a focus on cost control.
See More
