Al Cook - Equinor ASA President

EQNR Stock  USD 26.63  0.37  1.41%   

President

Mr. Alasdair Cook was appointed Executive Vice President Global Strategy Business Development at Equinor ASA effective as of May 1, 2018. He comes from the position as SVP in Statoil DPI business area overseeing operations in Angola, Argentina, Azerbaijan, Libya, Nigeria, Russia and Venezuela. Cook joined Statoil in 2016 from BP, where he was Chief of Staff to the CEO. Cook joined BP in 1996, taking on a series of project development and commercial roles in the North Sea and Gulf of Mexico. He then worked in field operations in the North Sea from 2002 to 2005, becoming Offshore Installation Manager. From 2005, he led the IGB2 Project in Vietnam and acted as President for BP Vietnam. Cook worked from 2009 to 2014 as BP Vice President leading the development of the Shah Deniz field in Azerbaijan and construction of the Southern Gas Corridor. He is Member of the Board of The Power of Nutrition. Cook holds an MA in Natural Sciences from St. John College, Cambridge University and in 2005 completed the International Executive Program at INSEAD. since 2018.
Age 43
Tenure 6 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 0.1521 % which means that it generated a profit of $0.1521 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2323 %, meaning that it created $0.2323 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 03/19/2024, Return On Capital Employed is likely to drop to 0.31. In addition to that, Return On Assets is likely to drop to 0.06. At this time, Equinor ASA's Non Currrent Assets Other are relatively stable compared to the past year. As of 03/19/2024, Other Current Assets is likely to grow to about 2 B, while Non Current Assets Total are likely to drop slightly above 70.5 B.
The company 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. Debt can assist Equinor ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Equinor ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Equinor ASA ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Equinor to invest in growth at high rates of return. When we think about Equinor ASA's use of debt, we should always consider it together with 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 45 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
Hans Hegge, CFO, Executive Vice President
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
Maria Oudeman, Independent Director
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
Peter Hutton, Senior Vice President Statoil, Norway
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
Ingrid Valerio, Director, Employee Representative
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
Hilde Moellerstad, Director, Employee Representative
Jannik Lindbaek, Executive Vice President - Communication
Roy Franklin, Independent Deputy Chairman of the Board
Margareth Ovrum, Executive Vice President Technology, Projects and Drilling (TPD)
Eldar Saetre, President CEO
Wenche Agerup, Independent Director
Tove Andersen, Independent Director
Jens Okland, Executive Vice President Marketing, Midstream & Processing (MMP)
Jonathan Lewis, Independent Director
Svein Skeie, Acting Chief Financial Officer, Executive Vice President
Ulrica Fearn, Chief Financial Officer, Executive Vice President
Rebekka Herlofsen, Independent Director
Lars Bacher, Executive Vice President Development and Production International (DPI)
Geir Tungesvik, Executive Vice President - Technology, Projects and Drilling
Al Cook, Executive Vice President Global Strategy and Business Development (GSB)
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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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 equities. 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
When determining whether Equinor ASA ADR is a strong investment it is important to analyze Equinor ASA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equinor ASA's future performance. For an informed investment choice regarding Equinor Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinor ASA ADR. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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Is Equinor ASA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinor ASA. If investors know Equinor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinor ASA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Dividend Share
1.25
Earnings Share
3.93
Revenue Per Share
17.684
Quarterly Revenue Growth
(0.15)
The market value of Equinor ASA ADR is measured differently than its book value, which is the value of Equinor that is recorded on the company's balance sheet. Investors also form their own opinion of Equinor ASA's value that differs from its market value or its book value, called intrinsic value, which is Equinor ASA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinor ASA's market value can be influenced by many factors that don't directly affect Equinor ASA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinor ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.