Equinor ASA (NYSE:EQNR) Shares Gap Down – Here’s What Happened

08 May 2026, 18:46 by Teresa Graham · The Cerbat Gem

Equinor ASA (NYSE:EQNR – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $41.36, but opened at $37.72. Equinor ASA shares last traded at $37.8410, with a volume of 1,480,091 shares.

Wall Street Analyst Weigh In

EQNR has been the topic of several recent analyst reports. Rothschild & Co Redburn upgraded shares of Equinor ASA from a “strong sell” rating to a “hold” rating in a report on Thursday, April 9th. DZ Bank upgraded shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Jefferies Financial Group initiated coverage on shares of Equinor ASA in a report on Thursday, January 8th. They issued a “hold” rating on the stock. Zacks Research upgraded shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 25th. Finally, Weiss Ratings upgraded shares of Equinor ASA from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $35.61.

Read Our Latest Analysis on Equinor ASA

Equinor ASA Trading Down 0.6%

The firm has a market cap of $108.03 billion, a P/E ratio of 16.83, a PEG ratio of 1.31 and a beta of 0.07. The firm’s fifty day moving average is $37.42 and its two-hundred day moving average is $29.11. The company has a quick ratio of 1.16, a current ratio of 1.27 and a debt-to-equity ratio of 0.64.

Equinor ASA (NYSE:EQNR – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.47. The firm had revenue of $28.40 billion for the quarter, compared to analyst estimates of $28.73 billion. Equinor ASA had a net margin of 5.30% and a return on equity of 20.33%. Analysts predict that Equinor ASA will post 4.73 earnings per share for the current fiscal year.

Equinor ASA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.3%. Equinor ASA’s payout ratio is presently 58.72%.

Institutional Investors Weigh In On Equinor ASA

A number of large investors have recently modified their holdings of the stock. Blair William & Co. IL boosted its stake in shares of Equinor ASA by 2.7% during the 4th quarter. Blair William & Co. IL now owns 14,837 shares of the company’s stock valued at $351,000 after purchasing an additional 389 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Equinor ASA by 1.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 37,331 shares of the company’s stock valued at $910,000 after purchasing an additional 428 shares in the last quarter. Ballentine Partners LLC boosted its stake in shares of Equinor ASA by 5.0% during the 3rd quarter. Ballentine Partners LLC now owns 9,039 shares of the company’s stock valued at $220,000 after purchasing an additional 434 shares in the last quarter. National Bank of Canada FI boosted its stake in shares of Equinor ASA by 1.1% during the 3rd quarter. National Bank of Canada FI now owns 39,045 shares of the company’s stock valued at $952,000 after purchasing an additional 437 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Equinor ASA by 7.8% during the 4th quarter. GAMMA Investing LLC now owns 6,148 shares of the company’s stock valued at $145,000 after purchasing an additional 445 shares in the last quarter. Institutional investors own 5.51% of the company’s stock.

Equinor ASA Company Profile

(Get Free Report)

Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.