Equinor Asa (EQNR) Capital Expenditures (2009 - 2026)

Equinor Asa (EQNR) reported Capital Expenditures of $3.1 billion for Q1 2026, up 2.94% on a YoY basis from $3.0 billion in Q1 2025, and down 24.84% quarter-over-quarter from $4.1 billion in Q4 2025.

Equinor Asa (EQNR) Capital Expenditures (2009 - 2026) Analysis & Trends

Equinor Asa has reported Capital Expenditures for 18 years, with the latest figure at $3.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures rose 2.94% year-over-year to $3.1 billion; the trailing twelve-month figure through Mar 2026 stood at $7.2 billion (up 11.0% YoY), and the FY2025 full-year result was $14.0 billion, up 14.92% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $3.1 billion, down from $4.1 billion in the prior quarter.
  • The five-year high for Capital Expenditures was $4.1 billion in Q4 2025, with the low at -$3.4 billion in Q3 2025.
  • Historically, Capital Expenditures has averaged $868.4 million across 5 years, with a median of $3.0 billion in 2024.
  • The largest YoY upside for Capital Expenditures was 221.91% in 2025 against a maximum downside of 10.39% in 2025.
  • Equinor Asa's Capital Expenditures stood at -$1.7 billion in 2022, then soared by 276.94% to $3.0 billion in 2023, then rose by 20.29% to $3.6 billion in 2024, then advanced by 13.71% to $4.1 billion in 2025, then slipped by 24.84% to $3.1 billion in 2026.
  • The last three Capital Expenditures figures came in at $3.1 billion (Q1 2026), $4.1 billion (Q4 2025), and -$3.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -4.51 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn - 6.47 Bn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -
4 Shell 546.31 Bn 505.07 Bn - -3.76 Bn
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 4.06 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn -
7 Eni Spa 252.26 Bn 242.70 Bn - -2.30 Bn
8 Bp 196.12 Bn 159.56 Bn - -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn -814.52 Mn
10 Equinor Asa 1.07 Mn -7.09 Bn - 3.12 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.12 Bn
Mar 31, 2026 3.12 Bn
Dec 31, 2025 4.15 Bn
Dec 31, 2025 4.15 Bn
Sep 30, 2025 -3.42 Bn
Sep 30, 2025 -3.42 Bn
Jun 30, 2025 3.40 Bn
Jun 30, 2025 3.40 Bn
Mar 31, 2025 3.03 Bn
Mar 31, 2025 3.03 Bn
Dec 31, 2024 3.65 Bn
Dec 31, 2024 3.65 Bn
Sep 30, 2024 -3.10 Bn
Sep 30, 2024 -3.10 Bn
Jun 30, 2024 2.95 Bn
Jun 30, 2024 2.95 Bn
Mar 31, 2024 -2.48 Bn
Mar 31, 2024 -2.48 Bn
Dec 31, 2023 3.03 Bn
Dec 31, 2023 3.03 Bn