EQNR Trades at a Bargain: Is it a Good Time to Buy the Energy Stock?

Equinor ASA (EQNR) is currently considered relatively undervalued, trading at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 1.44x. This is below the broader industry average of 3.56x and is also lower than other major energy companies, such as BP plc (BP) and Shell plc (SHEL) , which are trading at 2.84x and 3.41x EV/EBITDA, respectively. This lower valuation may indicate market skepticism about EQNR’s prospects or potential mispricing of the integrated company’s intrinsic value. Image Sourc ...