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Elite Edition

Is Statoil publicly traded?

Author

Emma Horne

Published Mar 17, 2026

Is Statoil publicly traded?

Privatization. The company was privatised and made a public limited company (allmennaksjeselskap) in 2001, becoming listed on both the Oslo Stock Exchange and the New York Stock Exchange.

Is Equinor publicly traded?

As of 2017, the Government of Norway is the largest shareholder with 67% of the shares, while the rest is public stock….Equinor.

FormerlyStatoil (until 15 May 2018)
TypeState-owned Allmennaksjeselskap
Traded asOSE: EQNR NYSE: EQNR
IndustryPetroleum industry
Founded14 June 1972

What happened to Statoil?

In 2017 it was rebranded to CircleK. Along with the entire industry, Statoil has the last couple of years been through a challenging period with rising costs, falling prices and a surplus of oil in the market, despite growing demand.

Who bought Statoil?

Alimentation Couche-Tard
Statoil Fuel & Retail

TypeWholly owned subsidiary
Defunct2016
FateAcquired by Alimentation Couche-Tard and rebranded as Circle K
HeadquartersOslo, Norway
Number of locations2,239 stations

Is Equinor a Fortune 500 company?

Figures prepared in accordance with International Accounting Standards., Government owned 50% or more., Changed name from Statoil, May 15, 2018….Company Information.

CEOEldar Saetre
Website
Years on Global 500 List24
Employees20,245

Why did Statoil change its name?

Looking towards the next 50 years, reflecting on the global energy transition and how we are developing as a broad energy company, it has become natural to change our name. The name Equinor captures our heritage and values, and what we aim to be in the future,” says former Statoil’s President and CEO Eldar Sætre.

Who bought Equinor Bakken?

Grayson Mill Energy
Grayson Mill Energy, a Houston-based E&P company backed by EnCap Investments, agreed in February to acquire Equinor’s Bakken interests, including associated midstream assets, in North Dakota and Montana for $900 million.

Is Equinor a good investment?

Equinor ASA – Hold Valuation metrics show that Equinor ASA may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of EQNR, demonstrate its potential to outperform the market.

Did Equinor buy Statoil?

On May 15, 2018, we changed our name from Statoil to Equinor. The biggest transition our modern-day energy systems have ever seen is underway, and we aim to be at the forefront of this development. Our name change supports our strategy as a broad energy company. We changed our name from Statoil to Equinor on May 15.

Is Equinor part of Statoil?

Equinor is an international energy company present in more than 30 countries worldwide, including several of the world’s most important oil and gas provinces. Founded in 1972 under the name Den Norske Stats Oljeselskap AS—Statoil (the Norwegian State Oil company), we changed our name to Equinor in 2018.

Who bought Equinor in North Dakota?

Oil field in the Bakken area, North Dakota. Equinor has signed its exit papers from the Bakken with the completion of a sale announced in February to Grayson Mill Energy.

Is Equinor ASA a buy?

Equinor ASA (EQNR) stock has gained 78.19% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives EQNR stock a score of 68 out of a possible 100. That rank is mainly influenced by a long-term technical score of 90.