Equinor ASA

OB-EQNR

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Jan '20	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						62,911	45,753	88,744	149,004	106,848	105,318
Impairment of Oil, Gas & Mineral Properties						777	2,506	171	342	-53	159
Other Revenues, Total	—		—			—	12	1,921	—	—	—
Total Revenues						62,911	45,765	90,665	149,004	106,848	105,318
Total Revenues % Chg.						-19.9%	-27.3%	98.1%	64.3%	-28.3%	-18.1%
Cost of Goods Sold, Total						39,192	29,817	43,758	63,414	58,757	60,827
Gross Profit						23,719	15,948	46,907	85,590	48,091	44,491
Selling General & Admin Expenses, Total						809	706	780	975	1,346	1,516
Exploration / Drilling Costs, Total						1,077	977	833	863	848	1,005
Depreciation & Amortization						9,888	8,842	10,432	8,878	9,374	9,670
Impairment of Oil, Gas & Mineral Properties						777	2,506	171	342	-53	159
Other Operating Expenses						456	412	453	449	538	538
Other Operating Expenses, Total						13,007	13,443	12,669	11,507	12,053	12,888
Operating Income						10,712	2,505	34,238	74,083	36,038	31,603
Interest Expense, Total						-993	-979	-769	-824	-927	-858
Interest And Investment Income						502	299	151	1,106	2,259	2,106
Net Interest Expenses						-491	-680	-618	282	1,332	1,248
Income (Loss) On Equity Invest.						164	53	259	620	-1	-11
Currency Exchange Gains (Loss)						224	-646	47	2,088	852	-190
Other Non Operating Income (Expenses)						529	446	-707	-1,499	481	474
EBT, Excl. Unusual Items						11,138	1,678	33,219	75,574	38,702	33,124
Impairment of Goodwill	—	—	—	—	—	-164	-42	—	-3	—	—
Gain (Loss) On Sale Of Investments						243	456	-348	-307	123	101
Gain (Loss) On Sale Of Assets			—			1,227	—	—	850	319	319
Asset Writedown						-3,152	-6,351	-1,287	2,490	-1,260	-1,214
Other Unusual Items		—	—		—	—	—	—	—	—	—
EBT, Incl. Unusual Items						9,292	-4,259	31,584	78,604	37,884	32,330
Income Tax Expense						7,441	1,237	23,007	49,861	25,980	22,677
Earnings From Continuing Operations						1,851	-5,496	8,577	28,743	11,904	9,653
Minority Interest						-8	-14	-14	3	-19	-25
Net Income						1,843	-5,510	8,563	28,746	11,885	9,628
Net Income to Common Incl Extra Items						1,843	-5,510	8,563	28,746	11,885	9,628
Net Income to Common Excl. Extra Items						1,843	-5,510	8,563	28,746	11,885	9,628
Total Shares Outstanding						3,305	3,246.2	3,232.1	3,121.9	2,944.7	2,850
Weighted Avg. Shares Outstanding						3,326	3,269	3,243.6	3,174	3,021	2,928
Weighted Avg. Shares Outstanding Dil						3,334	3,269	3,255.9	3,183	3,027	2,933.5
EPS						0.6	-1.7	2.6	9.1	3.9	3.3
EPS Diluted						0.6	-1.7	2.6	9	3.9	3.3
EBITDA						24,529	13,853	44,845	82,331	44,280	40,353
Effective Tax Rate						80.1%	-29%	72.8%	63.4%	68.6%	70.1%