Jon Reinhardsen - Equinor ASA Independent Chairman of the Board

EQNR Stock  USD 24.36  0.31  1.26%   

Chairman

Mr. Jon Erik Reinhardsen was appointed Independent Chairman of the Board at Equinor ASA effective as of September 1, 2017. He is Chair of the Compensation and Executive Development Committee. He is Member of the board of directors of Oceaneering International, Inc., Telenor ASA and Awilhelmsen AS. Reinhardsen was the Chief Executive Officer of Petroleum GeoServices from 2008 August 2017. In the period 2005 2008 Reinhardsen was President Growth, Primary Products in the international aluminum company Alcoa Inc. with headquarters in the US, and he was in this period based in New York. From 1983 to 2005, Reinhardsen held various positions in the Aker Kvaerner group, including Group Executive Vice President of Aker Kvaerner ASA, Deputy Chief Executive Officer and Executive Vice President of Aker Kvaerner Oil Gas AS in Houston and Executive Vice President in Aker Maritime ASA. Reinhardsen has a Masters Degree in Applied Mathematics and Geophysics from the University of Bergen. He has also attended the International Executive Program at the Institute for Management Development in Lausanne, Switzerland. since 2017.
Age 65
Tenure 7 years
Address Forusbeen 50, Stavanger, Norway, 4035
Phone47 51 99 00 00
Webhttps://www.equinor.com

Equinor ASA Management Efficiency

The company has return on total asset (ROA) of 0.1369 % which means that it generated a profit of $0.1369 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2027 %, meaning that it created $0.2027 on every $100 dollars invested by stockholders. Equinor ASA's management efficiency ratios could be used to measure how well Equinor ASA manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/26/2024, Return On Tangible Assets is likely to drop to 0.07. In addition to that, Return On Capital Employed is likely to drop to 0.31. At this time, Equinor ASA's Other Current Assets are relatively stable compared to the past year. As of 11/26/2024, Total Current Assets is likely to grow to about 64 B, while Non Current Assets Total are likely to drop slightly above 70.5 B.
Equinor ASA ADR currently holds 31.8 B in liabilities with Debt to Equity (D/E) ratio of 0.75, which is about average as compared to similar companies. Equinor ASA ADR has a current ratio of 1.62, which is within standard range for the sector. Note, when we think about Equinor ASA's use of debt, we should always consider it together with its cash and equity.

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Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway. Equinor ASA operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. It employs 21126 people. Equinor ASA ADR (EQNR) is traded on New York Stock Exchange in USA. It is located in Forusbeen 50, Stavanger, Norway, 4035 and employs 23,449 people. Equinor ASA is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.

Management Performance

Equinor ASA ADR Leadership Team

Elected by the shareholders, the Equinor ASA's board of directors comprises two types of representatives: Equinor ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Equinor. The board's role is to monitor Equinor ASA's management team and ensure that shareholders' interests are well served. Equinor ASA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Equinor ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Per Labraten, Director, Employee Representative
Ana Nordang, VP Renewables
Arne Nylund, Executive Vice President Development and Production Norway (DPN)
Anders Opedal, Executive Vice President Development & Production Brazil (DPB)
Irene Rummelhoff, Executive Vice President - Marketing, Midstream and Processing
Alasdair Cook, Executive Vice President - Global Strategy and Business Development
Tore Loseth, Executive Vice President - Exploration (EXP)
Jon Reinhardsen, Independent Chairman of the Board
Hilde Mollerstad, Director, Employee Representative
Mathieu Philippe, Executive International
Siv Torstensen, Executive Vice President General Counsel Legal & Compliance
Torgrim Reitan, Executive Vice President - Development and Production International
Pal Eitrheim, Executive Vice President New Energy Solutions (NES)
Kjetil Hove, Executive Vice President - Exploration and Production Norway
Hege Skryseth, Digital Technology
Stig Laegreid, Director, Employee Representative
Carri Lockhart, Executive Vice President - Technology, Digital & Innovation
Jannicke Nilsson, Executive Vice President - Safety, Security & Sustainability
Bjorn Godal, Independent Director
Jeroen Veer, Independent Deputy Chairman of the Board
Bjoern Godal, Independent Director
Morten Haukaas, Chief Accountant
Timothy Dodson, Executive Vice President Exploration (EXP)
Aksel Stenerud, Executive Vice President of People and Organisation
Finn Ruyter, Independent Director
Anne Drinkwater, Independent Director
rjan Kvelvane, Senior Accounting
Hilde Moellerstad, Director, Employee Representative
Jannik Lindbaek, Executive Vice President - Communication
Margareth Ovrum, Executive Vice President Technology, Projects and Drilling (TPD)
Wenche Agerup, Independent Director
Tove Andersen, Independent Director
Jonathan Lewis, Independent Director
Svein Skeie, Acting Chief Financial Officer, Executive Vice President
Ulrica Fearn, Chief Financial Officer, Executive Vice President
Eirik Waerness, Senior Economist
Rebekka Herlofsen, Independent Director
Geir Tungesvik, Executive Vice President - Technology, Projects and Drilling
Tove Anderson, Independent Director

Equinor Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Equinor ASA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Equinor ASA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equinor ASA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equinor ASA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Equinor Stock

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Moving against Equinor Stock

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The ability to find closely correlated positions to Equinor ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinor ASA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equinor ASA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equinor ASA ADR to buy it.
The correlation of Equinor ASA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equinor ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinor ASA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equinor ASA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Equinor Stock Analysis

When running Equinor ASA's price analysis, check to measure Equinor ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinor ASA is operating at the current time. Most of Equinor ASA's value examination focuses on studying past and present price action to predict the probability of Equinor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinor ASA's price. Additionally, you may evaluate how the addition of Equinor ASA to your portfolios can decrease your overall portfolio volatility.