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 Russia
(2018
sales of 2.49 trillion Russian Rubles [US$40.43 billion]
of which 98%
was DOWNSTREAM),
ENI - Ente Nazionale Idrocarburi
of Italy
(75.82 billion Euro [US$84.15 billion]
of which 73%
was Power & Gas), and
Surgutneftegaz PAO
which is
based in Russia
(1.56 trillion Russian Rubles [US$25.27 billion]
of which 67%
was Exploration and Production).
Sales Analysis.
Equinor ASA reported sales of NOK 641.89 billion (US$71.90 billion)
for the
year ending
December of 2018.
This
represents
an
increase of 27.9%
versus 2017, when the company's sales were NOK 501.94 billion.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Equinor ASA had sales
of NOK 619.40 billion.
Sales of Exploration and Production - Internation saw an increase
that was more than double the company's growth rate: sales were up
59.1% in 2018, from
NOK 16.33 billion to NOK 25.99 billion.
Not all segments of Equinor ASA experienced an increase in sales in 2018:
sales of Other Operations fell 56.2% to NOK 367.71 million.
(However, this segment's sales were only a very small portion of the company's overall sales).