APA vs. EQNR: APA vs. Equinor Stock Comparison
How do APA (APA) and Equinor (EQNR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
APA (APA) and Equinor (EQNR) both belong to the Oil, Gas & Consumable Fuels industry, though APA is classified under Oil & Gas Exploration & Production while EQNR falls under Integrated Oil & Gas.
APA (APA) trades as ordinary local shares, while Equinor (EQNR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | APA | EQNR |
|---|---|---|
| Name | APA Corporation | Equinor ASA Sponsored ADR |
| Country/Region | United States | Norway |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Integrated Oil & Gas |
| Market Capitalization | 14.98 billion USD | 99.39 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | May 15, 1979 | June 18, 2001 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | APA | EQNR |
|---|---|---|
| Total Return (1Y) | 92.90% | 78.03% |
| Total Return (3Y, Annualized) | 11.25% | 17.56% |
| Total Return (5Y, Annualized) | 11.68% | 17.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | APA | EQNR |
|---|---|---|
| Volatility (1Y, Annualized) | 44.92% | 40.50% |
| Beta (5Y) | 0.34 | 0.18 |
| Max Drawdown (5Y) | -70.47% | -34.57% |
| Avg. Volume (3M) | 5.66M | 3.77M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | APA | EQNR |
|---|---|---|
| Sharpe Ratio (1Y) | 1.97 | 1.82 |
| Sortino Ratio (1Y) | 2.94 | 2.76 |
Profitability
ROE (TTM)
Both APA (APA) at 33.32% and Equinor (EQNR) at 27.57% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
APA
Energy industry group
33.32%
- Max
- 53.85%
- APA
- 33.32%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
EQNR
Energy industry group
27.57%
- Max
- 53.85%
- EQNR
- 27.57%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
APA (APA) at 23.49% retains a top-quartile share of revenue as profit, ahead of Equinor (EQNR) at 9.79%, which keeps about the industry-typical share.
APA
Energy industry group
23.49%
- Max
- 56.92%
- APA
- 23.49%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
EQNR
Energy industry group
9.79%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- EQNR
- 9.79%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both APA (APA) at 44.25% and Equinor (EQNR) at 37.00% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
APA
Energy industry group
44.25%
- Max
- 71.31%
- APA
- 44.25%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
EQNR
Energy industry group
37.00%
- Max
- 71.31%
- EQNR
- 37.00%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | APA | EQNR |
|---|---|---|
| ROE (TTM) | 33.32% | 27.57% |
| ROA (TTM) | 14.06% | 17.10% |
| Net Margin (TTM) | 23.49% | 9.79% |
| Operating Margin (TTM) | 44.25% | 37.00% |
| Gross Margin (TTM) | 78.98% | 43.18% |
Growth
Revenue Growth
Equinor (EQNR) at 3.24% is around its peer norm for revenue growth, while APA (APA) at -8.39% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
APA (APA) at 75.77% sits in the top EPS growth quartile, while Equinor (EQNR) at -37.62% is closer to the peer norm — faster per-share earnings growth for APA.
Growth Metrics
| Metric | APA | EQNR |
|---|---|---|
| Revenue Growth (YoY) | -8.39% | 3.24% |
| Revenue Growth (3Y CAGR) | -6.96% | -10.78% |
| EPS Growth (YoY) | 75.77% | -37.62% |
| EPS Growth (3Y CAGR) | -28.73% | -40.11% |
Financial Strength
Current Ratio (MRQ)
Equinor (EQNR) at 1.18 keeps current ratio within its industry’s typical mid-range, while APA (APA) at 0.85 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for APA.
APA
Energy industry group
0.85
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- APA
- 0.85
- Min
- 0.24
EQNR
Energy industry group
1.18
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- EQNR
- 1.18
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Both APA (APA) at 0.42 and Equinor (EQNR) at 0.66 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
APA
Energy industry group
0.42
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- APA
- 0.42
- Q1
- 0.30
- Min
- 0.00
EQNR
Energy industry group
0.66
- Max
- 1.75
- Q3
- 0.93
- EQNR
- 0.66
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | APA | EQNR |
|---|---|---|
| Current Ratio (MRQ) | 0.85 | 1.18 |
| Debt / Equity (MRQ) | 0.42 | 0.66 |
| Net Debt / EBITDA | 0.53 | 0.12 |
Dividends
Dividend Yield (TTM)
Equinor (EQNR) at 3.67% delivers top-quartile income for its industry, while APA (APA) at 2.30% pays a more typical yield — both are credible income propositions, EQNR the richer one.
APA
Energy industry group
2.30%
- Max
- 8.57%
- Q3
- 3.58%
- APA
- 2.30%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
EQNR
Energy industry group
3.67%
- Max
- 8.57%
- EQNR
- 3.67%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both APA (APA) at 16.26% and Equinor (EQNR) at 31.54% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
APA
Energy industry group
16.26%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- APA
- 16.26%
- Q1
- 0.00%
- Min
- 0.00%
EQNR
Energy industry group
31.54%
- Max
- 133.24%
- Q3
- 53.31%
- EQNR
- 31.54%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | APA | EQNR |
|---|---|---|
| Dividend Yield (TTM) | 2.30% | 3.67% |
| Dividend Payout Ratio (TTM) | 16.26% | 31.54% |
Valuation
P/E Ratio (TTM)
APA (APA) at 7.26 sits in the cheaper P/E ratio quartile, while Equinor (EQNR) at 8.71 is closer to its industry’s usual earnings multiple — a discount for APA, though growth and earnings durability still matter.
APA
Energy industry group
7.26
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- APA
- 7.26
- Min
- 2.99
EQNR
Energy industry group
8.71
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EQNR
- 8.71
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Equinor (EQNR) at 0.82 sits in the cheaper P/S ratio quartile while APA (APA) at 1.62 prices around its industry’s middle — EQNR costs less per dollar of sales, though read it alongside growth and margins.
APA
Energy industry group
1.62
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- APA
- 1.62
- Q1
- 0.88
- Min
- 0.00
EQNR
Energy industry group
0.82
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- EQNR
- 0.82
- Min
- 0.00
P/B Ratio (MRQ)
APA (APA) at 2.11 sits near its industry’s typical P/B ratio, while Equinor (EQNR) at 4.44 prices above its benchmark range — EQNR looks rich relative to book.
APA
Energy industry group
2.11
- Max
- 4.21
- Q3
- 2.38
- APA
- 2.11
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
EQNR
Energy industry group
4.44
- EQNR
- 4.44
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | APA | EQNR |
|---|---|---|
| P/E Ratio (TTM) | 7.26 | 8.71 |
| P/S Ratio (TTM) | 1.62 | 0.82 |
| P/B Ratio (MRQ) | 2.11 | 4.44 |
| Free Cash Flow Yield (TTM) | 14.08% | 32.55% |