Equinor ASA (EQNR) Revenue & Revenue Breakdown


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Equinor ASA Revenue Highlights


Latest Revenue (Y)

$106.85B

Latest Revenue (Q)

$25.09B

Main Segment (Y)

Crude Oil

Equinor ASA Revenue by Period


Equinor ASA Revenue by Year

DateRevenueChange
2023-12-31$106.85B-28.29%
2022-12-31$149.00B67.90%
2021-12-31$88.74B93.96%
2020-12-31$45.75B-27.27%
2019-12-31$62.91B-19.91%
2018-12-31$78.56B28.84%
2017-12-31$60.97B33.45%
2016-12-31$45.69B-13.69%
2015-12-31$52.93B-35.14%
2014-12-31$81.62B-19.86%
2013-12-31$101.85B-19.43%
2012-12-31$126.40B12.57%
2011-12-31$112.28B24.63%
2010-12-31$90.09B12.17%
2009-12-31$80.32B-14.80%
2008-12-31$94.27B-2.05%
2007-12-31$96.25B41.13%
2006-12-31$68.20B17.08%
2005-12-31$58.25B14.80%
2004-12-31$50.74B35.29%
2003-12-31$37.51B6.83%
2002-12-31$35.11B36.50%
2001-12-31$25.72B-1.05%
2000-12-31$25.99B48.84%
1999-12-31$17.46B25.62%
1998-12-31$13.90B-

Equinor ASA generated $106.85B in revenue during NA 2023, up -28.29% compared to the previous quarter, and up 136.02% compared to the same period a year ago.

Equinor ASA Revenue by Quarter

DateRevenueChange
2024-03-31$25.09B-13.02%
2023-12-31$28.84B11.26%
2023-09-30$25.92B13.35%
2023-06-30$22.87B-21.71%
2023-03-31$29.21B-13.68%
2022-12-31$33.84B-20.79%
2022-09-30$42.73B17.42%
2022-06-30$36.39B0.93%
2022-03-31$36.05B12.22%
2021-12-31$32.13B39.00%
2021-09-30$23.11B32.98%
2021-06-30$17.38B7.76%
2021-03-31$16.13B35.80%
2020-12-31$11.88B5.56%
2020-09-30$11.25B48.76%
2020-06-30$7.56B-49.79%
2020-03-31$15.06B1.10%
2019-12-31$14.90B1.33%
2019-09-30$14.70B-12.98%
2019-06-30$16.90B2.97%
2019-03-31$16.41B-24.45%
2018-12-31$21.72B14.39%
2018-09-30$18.99B5.09%
2018-06-30$18.07B-8.63%
2018-03-31$19.78B15.58%
2017-12-31$17.11B26.45%
2017-09-30$13.53B-8.96%
2017-06-30$14.86B-3.92%
2017-03-31$15.47B21.83%
2016-12-31$12.70B5.00%
2016-09-30$12.09B11.82%
2016-06-30$10.81B7.21%
2016-03-31$10.09B-18.80%
2015-12-31$12.42B-6.17%
2015-09-30$13.24B-16.28%
2015-06-30$15.81B6.10%
2015-03-31$14.90B-24.62%
2014-12-31$19.77B-13.54%
2014-09-30$22.87B-1.67%
2014-06-30$23.26B-17.80%
2014-03-31$28.29B21.96%
2013-12-31$23.20B-14.30%
2013-09-30$27.07B11.26%
2013-06-30$24.33B-12.22%
2013-03-31$27.71B-2.00%
2012-12-31$28.28B-2.68%
2012-09-30$29.06B-13.57%
2012-06-30$33.62B-1.75%
2012-03-31$34.22B20.98%
2011-12-31$28.29B-1.41%
2011-09-30$28.69B-8.40%
2011-06-30$31.32B15.54%
2011-03-31$27.11B13.47%
2010-12-31$23.89B9.76%
2010-09-30$21.77B9.73%
2010-06-30$19.84B-8.42%
2010-03-31$21.66B2.09%
2009-12-31$21.22B-0.49%
2009-09-30$21.32B30.35%
2009-06-30$16.36B-2.27%
2009-03-31$16.74B103.69%
2008-12-31$8.22B-72.24%
2008-09-30$29.61B-11.69%
2008-06-30$33.52B8.35%
2008-03-31$30.94B-16.53%
2007-12-31$37.07B-

Equinor ASA generated $25.09B in revenue during Q1 2024, up -13.02% compared to the previous quarter, and up 74.14% compared to the same period a year ago.

Equinor ASA Revenue Breakdown


Equinor ASA Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Other products$3.03B$4.70B$1.01B$681.00M$445.00M
Trasnsportation$1.43B$1.47B$921.00M$1.08B$967.00M
Natural gas liquids$23.17B$9.24B$8.49B$5.07B$5.81B
Crude Oil$56.86B----
Natural gas$26.39B$65.23B$28.05B$7.21B$11.28B
Refined products$10.08B$11.09B$11.47B$6.53B$10.65B
Crude oil-$58.52B$38.31B$24.51B$33.51B

Equinor ASA's latest annual revenue breakdown by segment (product or service), as of Dec 23: Crude Oil (47.01%), Natural gas (21.81%), Natural gas liquids (19.16%), Refined products (8.34%), Other products (2.51%), and Trasnsportation (1.18%).

Quarterly Revenue by Product

Product/ServiceDec 22Jun 22Jun 21Jun 19
Natural gas$52.31B$12.92B$3.44B$2.64B
Refined products$8.56B$2.53B$2.68B$2.87B
Natural gas liquids$64.36B$2.53B$1.67B$1.54B
Transportation-$310.00M$205.00M$163.00M
Other sales-$651.00M$341.00M$165.00M
Crude oil-$16.40B$9.06B$9.39B

Equinor ASA's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Natural gas liquids (51.39%), Natural gas (41.77%), and Refined products (6.84%).

Equinor ASA Revenue Breakdown by Country

Quarterly Revenue by Country

CountryJun 22Jun 21Jun 19
Refined products$2.53B$2.68B$2.87B
Transportation$310.00M$205.00M$163.00M
Natural gas$12.92B$3.44B$2.64B
Crude oil$16.40B$9.06B$9.39B
Natural gas liquids$2.53B$1.67B$1.54B
Other sales$651.00M$341.00M$165.00M

Equinor ASA's latest quarterly revenue breakdown by geography, as of Jun 22: Crude oil (46.40%), Natural gas (36.57%), Refined products (7.16%), Natural gas liquids (7.16%), Other sales (1.84%), and Transportation (0.88%).

Equinor ASA Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ECEcopetrol$143.08T$31.30T
TGSTransportadora de Gas del Sur$1.24T$194.58B
XOMExxon Mobil$334.70B$89.99B
SHELShell$301.01B$70.83B
TTETotalEnergies SE$218.94B$51.88B
BPBP p.l.c.$210.13B$48.88B
CVXChevron$200.95B$49.57B
EQNREquinor ASA$106.85B$25.09B
PBRPetróleo Brasileiro S.A. - Petrobras$102.50B$23.77B
EEni S.p.A.$93.72B$22.94B
YPFYPF Sociedad Anónima$17.00B$4.31B
NFGNational Fuel Gas$2.17B$417.44M

EQNR Revenue FAQ


Equinor ASA's yearly revenue for 2023 was $106.85B, representing a decrease of -28.29% compared to 2022. The company's yearly revenue for 2022 was $149B, representing an increase of 67.90% compared to 2021. EQNR's yearly revenue for 2021 was $88.74B, representing an increase of 93.96% compared to 2020.

Equinor ASA's quarterly revenue for Q1 2024 was $25.09B, a -13.02% decrease from the previous quarter (Q4 2023), and a -14.11% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $28.84B, a 11.26% increase from the previous quarter (Q3 2023), and a -14.77% decrease year-over-year (Q4 2022). EQNR's quarterly revenue for Q3 2023 was $25.92B, a 13.35% increase from the previous quarter (Q2 2023), and a -39.32% decrease year-over-year (Q3 2022).

Equinor ASA's revenue growth rate for the last 3 years (2021-2023) was 20.40%, and for the last 5 years (2019-2023) was 69.84%.

Equinor ASA's revenue streams in c 23 are Other products, Trasnsportation, Natural gas liquids, Crude Oil, Natural gas, and Refined products. Other products generated $3.03B in revenue, accounting 2.51% of the company's total revenue, down -35.52% year-over-year. Trasnsportation generated $1.42B in revenue, accounting 1.18% of the company's total revenue, down -3.06% year-over-year. Natural gas liquids generated $23.17B in revenue, accounting 19.16% of the company's total revenue, up 150.80% year-over-year. Crude Oil generated $56.86B in revenue, accounting 47.01% of the company's total revenue Natural gas generated $26.39B in revenue, accounting 21.81% of the company's total revenue, down -59.55% year-over-year. Refined products generated $10.08B in revenue, accounting 8.34% of the company's total revenue, down -9.10% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Equinor ASA was Crude Oil. This segment made a revenue of $56.86B, representing 47.01% of the company's total revenue.