Equinor ASA

Equinor ASA

Equinor ASA

Overview
Date Founded

1995

Headquarters

Forusbeen 50 Stavanger, 4035, Norway

Type of Company

Public

Employees (Worldwide)

21.4K

Industries

Oil & Gas
Power & Utilities

Company Description

Equinor ASA engages in the exploration, production, transport, refining, and marketing of petroleum and petroleum-derived products. It operates through the following segments: Exploration and Production Norway; Exploration and Production International; Marketing, Midstream, and Processing; and Other. The Exploration and Production Norway segment includes the commercial development of oil and gas portfolios on the Norwegian continental shelf. The Exploration and Production International segment covers offshore and onshore activities in the USA, Mexico, and other operations worldwide. The Marketing, Midstream, and Processing segment markets and trades of oil and gas commodities. The Other segment includes new energy solutions; global strategy and business development; technology; projects and drilling; and corporate staffs and services. The company was founded on September 18, 1972 and is headquartered in Stavanger, Norway.

Contact Data
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Executives & Employees

President & Chief Executive Officer

Chief Financial Officer & Executive Vice President

Executive Vice President & Chief Financial Officer

Executive Vice President & Chief Operating Officer

Senior Vice President-Legal & Group General Counsel

Senior Vice President for Business Development, New Energy Solution

Executive Vice President, Technology, Projects & Drilling

Executive Vice President, Development & Production International (DPI)

Executive Vice President, New Energy Solutions (NES)

Executive Vice President, Technology, Digital & Innovation (TDI)

Board of Directors

Director at Telenor ASA

Independent Chairman of the Supervisory Board at Royal Boskalis Westminster NV

Chief Executive Officer at Capita PLC

Director at Borregaard ASA

Professional at Equinor ASA

Chief Executive Officer at Hafslund Eco AS

Former President & Chief Executive Officer at BP Canada Ltd.

Chief Financial Officer at Klaveness Torvald Rederi AS

Professional at Equinor ASA

Professional at Equinor ASA

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Owners & Shareholders
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Folketrygdfondet is an active, value-oriented, long-term manager which administers the Government Pension Fund Norway following rules set by the Ministry of Finance mandate requiring them to invest in equities and fixed-income instruments in a counter-cyclical manner in Norway, Denmark, Finland and Sweden. The strategic benchmark stipulates a 60 percent allocation to equities and 40 percent to fixed income, with a regional split of 80-90 percent in Norway and 10-20 percent across the rest of the Nordic region. The firm’s managers apply both qualitative and quantitative criteria. Folketrygdfondet focus on fundamental factors such as macroeconomic assessments, performance trends, equity returns, capital structure, pricing, cash flow and analyses of corporate governance, environmental and social matters.

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SAFEIC is an active manager which primarily invests in securities, currencies and commodities. They have a global geographic focus.

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DNB-AM uses both active and passive investment processes to invest globally in a variety of asset classes including equity, debt, money market instruments, commodities and alternative investments. They invest across market-caps and sectors, with the bulk of their assets in Norwegian blue chip equity. The firm's investment approach for fixed-income and money market instruments takes into accounts short-term trends and long-term strategy. Index funds are geared towards maximal cost effectiveness. Actively managed portfolios are diversified, uncorrelated and favor liquid markets. They use disciplined review and exit processes including stop-losses. DN- AM’s SRI screening process includes risk classification according to objective risk criteria, verification through independent sources and, direct company contact.

Recent Transactions
Details Hidden

Equinor ASA purchases Scatec ASA

Details Hidden

Credit Suisse Group AG, Credit Suisse Energy Infrastructure Partners AG purchase AWE-Arkona-Windpark Entwicklungs-GmbH from Equinor ASA

Details Hidden

Equinor ASA purchases Royal Dutch Shell Plc /Caesar Tonga Oil Field from Royal Dutch Shell Plc

Transaction Advisors
Accountant

Advised onEquinor ASA purchases Teekay Norway AS

Legal Advisor

Advised onEquinor ASA purchases Brigham Exploration Co.

Legal Advisor

Advised onPetroliam Nasional Bhd. purchases SCPC Holding Co. from Equinor ASA

Legal Advisor

Advised onPetroliam Nasional Bhd. purchases SCPC Holding Co. from Equinor ASA

Legal Advisor

Advised onPetroliam Nasional Bhd. purchases SCPC Holding Co. from Equinor ASA

Legal Advisor

Advised onPetroliam Nasional Bhd. purchases SCPC Holding Co. from Equinor ASA

Advisors & Consultants
Legal Advisor

Partner at Morgan, Lewis & Bockius LLP

Legal Advisor

Partner at Gibson, Dunn & Crutcher LLP

Legal Advisor

Of Counsel at Sullivan & Cromwell LLP

Clients

BASF SE engages in the provision of chemical products. It operates through the following segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition and Care, Agricultural Solutions, and Other. The Chemicals segment supplies petrochemicals and intermediates. The Materials segment includes isocyanates and polyamides as well as inorganic basic products and specialties for the plastics and plastics processing industries. The Industrial Solutions segment develops and markets ingredients and additives for industrial applications such as polymer dispersions, pigments, resins, electronic materials, antioxidants, and additives. The Surface Technologies segment bundles chemical solutions for surfaces with the catalysts and coating divisions. The Nutrition and Care segment consists of ingredients and solutions for consumer applications in the areas of nutrition, home, and personal care. The Agricultural Solutions segment comprises fungicides, herbicides, insecticides, and biological crop protection products, as well as seeds and seed treatment products. The Other segment focuses on the commodity trading, engineering and other services, as well as rental income and leases. The company was founded on April 6, 1865 and is headquartered in Ludwigshafen am Rhein, Germany.

UGI Corporation is a holding company that, through subsidiaries, distributes, stores, transports and markets energy products and related services. We are a domestic and international retail distributor of propane and butane (which are liquefied petroleum gases (“LPG”)); a provider of natural gas and electric service through regulated local distribution utilities; a generator of electricity; a regional marketer of energy commodities; an owner and manager of midstream assets; and a regional provider of heating, ventilation, air conditioning, refrigeration and electrical contracting services.

Yara delivers solutions for sustainable agriculture and the environment. Our fertilizers and crop nutrition programs help produce the food required for the growing world population. Our industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations. Founded in Norway in 1905, Yara has a worldwide presence with sales to 150 countries. Safety is always our top priority. We are the world’s leading chemical company that converts energy, natural minerals and nitrogen from the air into essential products for farmers and industrial customers. The main application is fertilizers, while industrial uses and environmental solutions are also important growth segments. Our global activities range from phosphate mining and ammonia production, through commodity trade and energy arbitrage, to building local market knowledge and developing customer relationships. The backbone of the company’s operations was large-scale ammonia and fertilizer production in Europe, but in recent years new capacity has been added in regions with low-cost gas supplies. We ensure reliable supplies of mineral fertilizer and related industrial products to customers worldwide. We benefit from our scale advantages, as the world’s largest producer of ammonia, nitrate and complex fertilizer, and with about 20% of global ammonia trade. Our local sales and marketing units provide customer services and agronomical support, working with farmers worldwide to increase yields and improve crop quality and nutritional value. We utilize our strong production platform and global supply system to create local benefits, providing customers with the combination of quality products and expert knowledge that best matches their needs.

Key Stats and Financials As of 2020
Market Capitalization
$62B
Total Enterprise Value
$72.9B
Earnings Per Share
$-1.81
EBITDAMargin
28.65%
Enterprise Value / Sales
1.49x
Enterprise Value EBITDAOperating
5.19x
TEVNet Income
-12.36x
Debt TEV
0.51x
Three Year Compounded Annual Growth Rate Of Revenue
-5.1%
Revenue
$49B
Net Profit
$-5.9B
EBITDA
$14B
Total Debt
$37.1B
Total Equity
$33B
Investments
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Pure Group AS provides technologies for the treatment of oil, gas and water in offshore and onshore operations. It offers services, solutions and process systems for water, oil and gas separation. The company has offices in Norway, the United Kingdom, Texas and Malaysia. Pure Group was founded in 2004 and is headquartered in Stavanger, Norway.

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Weyland AS designs, trades, constructs, and commissions complete ethanol plants. The company was founded by Karl Weydahl and Knut Helland on June 15, 2001 and is headquartered in Blomsterdalen, Norway.

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Sway AS provides floating wind turbine solutions. It operates as renewable energy technology company on course to revolutionize wind energy design, in particular for offshore installations. The company was founded by Eystein Borgen and Jon Erik Borgen in 2001 and is headquartered in Bergen, Norway.

Investors
Details Hidden

Head of Inspection & Surface Maintenance, Stavanger at Equinor ASA

Suppliers
GSE Systems, Inc. Computer Software | Sykesville, MD

GSE Systems, Inc. engages in the provision of engineering, staffing, and simulation software to clients in the power and process industries. It operates through following segments: Performance Improvement Solutions and Nuclear Industry Training & Consulting segments. The Performance Improvement Solutions segment includes simulation products, engineering services, and operation training systems delivered across the industries. The Nuclear Industry Training and Consulting segment offers workforce solutions rendered by its senior reactor operations instructors, procedure writers, project managers, work management specialists, planners, and training material developers. The company was founded on March 30, 1994 and is headquartered in Sykesville, MD.

Technip SA Oil & Gas | Paris, France

Technip is a world leader in project management, engineering and construction for the energy industry. From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, our 36,500 people are constantly offering the best solutions and most innovative technologies to meet the world’s energy challenges. Present in 48 countries, Technip has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction. Technip shares are listed on the NYSE Euronext Paris exchange and the USA over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPY).

Hornbeck Offshore Services, Inc. (Louisiana) Marine Shipping | Covington, LA

Hornbeck Offshore Services, Inc. (Louisiana) engages in the provision of marine transportation services to exploration and production, oilfield service, offshore construction, and military customers. It owns and operates fleets of offshore support vehicles and multi-purpose support vehicles. The company was founded by Todd M. Hornbeck and Larry D. Hornbeck in June 1997 and is headquartered in Covington, LA.

Competitors
Avangrid, Inc. Power & Utilities - Orange, CT

Avangrid, Inc. engages in the energy transmission and gas distribution. It operates through the following segments: Networks, Renewables, and Other. The Networks segment includes energy transmission and distribution, electric transmission, and gas distribution activities. The Renewables segment relating to renewable energy, mainly wind energy generation and trading related with such activities. The company was founded in 1852 and is headquartered in Orange, CT.

SSE Plc Alternative Energy - Perth, United Kingdom

We are SSE plc. Our core purpose is to provide the energy people need in a reliable and sustainable way. Our strategy is to deliver sustained growth in the dividend payable to shareholders through the efficient operation of, and investment in, a balanced range of regulated and non-regulated businesses. To help achieve this, we plan to invest around £1.5 to £1.7 billion in each of the five years from April 2010 to March 2015. Our principal focus for this investment is renewable energy, but we also plan to invest in thermal generation, electricity networks and in other areas

Iberdola SA Power & Utilities - Bilbao, Spain

Iberdrola SA is a holding company, which engages in the generation, distribution, trading, and marketing of electricity. It operates through the following businesses: Networks, Liberalized, Renewables and Other Businesses. The Networks business engages in the transmission and distribution of energy businesses, as well as those of any other regulated nature, originating in Spain, the United Kingdom, the United States and Brazil. The Liberalized business includes wholesale and retail of electricity in Spain, Portugal, the United Kingdom, Mexico and Continental Europe. The Renewables business involves the generation of electricity from renewable energy sources worldwide. The Other Businesses segment consists of group's supply and gas storage up to the moment of sale and other non-energy businesses. The company was founded by Juan de Urrutia in 1901 and is headquartered in Bilbao, Spain.

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