Equinor ASA ADR

Business Description

Founded in 1972 and based in Stavanger, Norway, Equinor is an international energy company with operations spanning oil and gas production, renewable energy, and the trading and transportation of energy products. The company explores for and develops oil and gas resources across Norway, the United States, and other markets worldwide, while also investing in offshore wind, solar power, green hydrogen, and energy storage. Equinor handles the full journey of its energy products, from extraction through to processing, shipping, and delivery to customers. Originally named Statoil, the company rebranded as Equinor in 2018 to reflect its broader push toward cleaner energy sources.