Equinor ASA (NYSE:EQNR) announced its quarterly earnings data on Wednesday. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.08, MarketWatch Earnings reports. Equinor ASA had a net margin of 6.69% and a return on equity of 13.09%. The company had revenue of $19.14 billion during the quarter.
NYSE:EQNR traded down $0.16 during trading hours on Friday, reaching $25.49. The company had a trading volume of 78,177 shares, compared to its average volume of 1,487,938. The company has a current ratio of 1.30, a quick ratio of 1.13 and a debt-to-equity ratio of 0.58. Equinor ASA has a 52 week low of $19.74 and a 52 week high of $28.93. The company has a market cap of $88.07 billion, a PE ratio of 18.43, a price-to-earnings-growth ratio of 0.68 and a beta of 0.91.
The business also recently announced a special dividend, which will be paid on Friday, November 30th. Shareholders of record on Wednesday, November 21st will be given a $0.23 dividend. This represents a yield of 3.4%. The ex-dividend date is Tuesday, November 20th. Equinor ASA’s dividend payout ratio (DPR) is presently 48.55%.
A hedge fund recently bought a new stake in Equinor ASA stock. Bank of New York Mellon Corp acquired a new stake in shares of Equinor ASA (NYSE:EQNR) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 69,885 shares of the company’s stock, valued at approximately $1,846,000. Institutional investors and hedge funds own 5.15% of the company’s stock.
About Equinor ASA
Equinor ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company operates through Development & Production Norway; Development & Production USA; Development & Production International; Marketing, Midstream & Processing; New Energy Solutions; Technology, Projects & Drilling; Exploration; and Global Strategy & Business Development segments.
Further Reading: How to interpret a stock’s beta number
Receive News & Ratings for Equinor ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Equinor ASA and related companies with MarketBeat.com's FREE daily email newsletter.