Jon Reinhardsen - Equinor ASA Independent Chairman of the Board

EQNR Stock  NOK 298.10  1.10  0.37%   

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 63
Tenure 7 years
Phone(47) 51 99 00 50
Webwww.equinor.com

Equinor ASA Management Efficiency

The company has return on total asset (ROA) of 0.3053 % which means that it generated a profit of $0.3053 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.618 %, meaning that it generated $0.618 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.
The company has accumulated 26.55 B in total debt with debt to equity ratio (D/E) of 0.96, which is about average as compared to similar companies. Equinor ASA has a current ratio of 1.68, 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 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, as well as other businesses 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 Norway and is traded on Oslo Stock Exchange. It employs 21245 people. Equinor ASA (EQNR) is traded on Oslo Stock Exchange in Norway and employs 29 people.

Management Performance

Equinor ASA 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 & Production Norway (DPN)
Anders Opedal, Executive Vice President Technology, Projects & Drilling (TPD)
Irene Rummelhoff, Executive Vice President Marketing, Midstream & Processing (MMP)
Alasdair Cook, Executive Vice President - Global Strategy and Business Development
Jon Reinhardsen, Independent Chairman of the Board
Hilde Mollerstad, Director, Employee Representative
Siv Torstensen, Ex Compliance
Torgrim Reitan, Executive Vice President Development & Production International (DPI)
Pal Eitrheim, Executive Vice President New Energy Solutions (NES)
Stig Laegreid, Director, Employee Representative
Jeroen Veer, Independent Deputy Chairman of the Board
Jannicke Nilsson, Chief Operating Officer, Executive Vice President
Bjorn Godal, Independent Director
Morten Haukaas, Chief Accountant
Timothy Dodson, Executive Vice President Exploration (EXP)
Finn Ruyter, Independent Director
Anne Drinkwater, Independent Director
Margareth Ovrum, Executive Vice President Development & Production Brazil (DPB)
Eldar Saetre, President, Chief Executive Officer
Wenche Agerup, Independent Director
Jonathan Lewis, Independent Director
Svein Skeie, Acting Chief Financial Officer, Executive Vice President
Rebekka Herlofsen, Independent Director
Lars Bacher, Chief Financial Officer, Executive Vice President
Tove Anderson, 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 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 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 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
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinor ASA. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.