Equinor ASA operates in the Crude petroleum and natural gas sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Equinor ASA with three other
crude oil and natural gas companies in Europe:
Gazprom Neft' PAO
of RUSSIAN FEDERATION
(2020
sales of 2.00 trillion Russian Rubles [US$25.98 billion]
of which 98%
was DOWNSTREAM),
NK Rosneft' PAO
of RUSSIAN FEDERATION
(5.12 trillion Russian Rubles [US$66.53 billion]
of which 114%
was Refining, Marketing and Distribution), and
ENI - Ente Nazionale Idrocarburi
which is
based in ITALY
(43.99 billion Euros [US$52.24 billion]
of which 58%
was Refining & Marketing and Chemicals).
Sales Analysis.
Equinor ASA reported sales of NOK 428.56 billion (US$50.62 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 22.7%
versus 2019, when the company's sales were NOK 554.18 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Equinor ASA had sales
of NOK 465.30 billion.
Contributing to the drop in overall sales was the 90.8% decline
in Exploration and Production - Norway, from NOK 9.23 billion to NOK 852.38 million.
There were also decreases in sales in
Marketing, Processing and Renewable Energy (down 21.6% to NOK 417.81 billion)
and
Other Operations (down 49.8% to NOK 2.33 billion)
.