Equinor ASA
Explore Equinor ASA
Core profile pages, annual revenue records, and related research hubs for this company.
Equinor ASA
Explore Equinor ASA
Core profile pages, annual revenue records, and related research hubs for this company.
Business Model Analysis
Annual Revenue: $106.462B
Equinor makes money by producing and selling oil, natural gas, refined products, power, and related energy services, with results heavily influenced by commodity prices, production volumes, taxes, and project execution.
Equinor balances oil and gas cash generation with selective renewables, carbon capture, low-carbon solutions, and disciplined offshore development.
Equinor earns from oil and gas production and increasingly from renewables/power projects.
Commodity prices, offshore volumes, and renewables CapEx drive results.
Oil/gas realizations and renewables project delivery are key variables.
Extremely capital intensive across offshore and renewables.