Equinor Asa (EQNR) Capital Expenditures (2009 - 2026)
Equinor Asa's (EQNR) quarterly Capital Expenditures came in at -$2.9 billion in Q2 2026, down 184.45% YoY from $3.4 billion in Q2 2025, and up 7.83% on a QoQ basis from -$3.1 billion in Q1 2026.
Analysis
Equinor Asa (EQNR) Capital Expenditures (2009 - 2026) Analysis & Trends
Equinor Asa (EQNR) has 18 years of Capital Expenditures data on file, last reported at -$2.9 billion in Q2 2026.
- Quarterly Capital Expenditures fell 184.45% year-over-year to -$2.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$6.7 billion (down 5.4% YoY) and the FY2025 annual result came in at $14.0 billion, up 14.92% from the prior year.
- Capital Expenditures grew to -$2.9 billion in Q2 2026, from -$3.1 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $3.4 billion in Q3 2025 to a low of -$4.1 billion in Q4 2025.
- A 5-year average of -$1.1 billion and a median of -$2.9 billion in 2026 frame the typical range for Capital Expenditures.
- The widest YoY moves for Capital Expenditures: up 215.29% in 2025, down 221.91% in 2025.
- Tracing EQNR's Capital Expenditures over 5 years: stood at -$1.7 billion in 2022, then soared by 276.94% to $3.0 billion in 2023, then plunged by 220.29% to -$3.6 billion in 2024, then retreated by 13.71% to -$4.1 billion in 2025, then surged by 30.73% to -$2.9 billion in 2026.
- The last three Capital Expenditures figures came in at -$2.9 billion (Q2 2026), -$3.1 billion (Q1 2026), and -$4.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 9.99 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 4.54 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | -4.23 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | - |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 2.87 Bn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | -975.23 Mn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 383.15 Mn |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | -1.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.87 Bn |
| Jun 30, 2026 | 2.87 Bn |
| 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 |