5 Biggest Norwegian Companies by Market Cap

1. Equinor ASA (NYSE:EQNR)

Market Capitalization as of December 28, 2022: $113 billion

Equinor ASA (NYSE:EQNR) is a state owned oil exploration company. It was set up in 1972 and is based in Stavanger. The firm is the largest oil producer on the Norwegian continental shelf, and it has oil and gas fields in a host of different countries such as the U.S., China, Libya, Russia, Venezuela, and Nigeria. Additionally, Equinor ASA (NYSE:EQNR) also operates wind farms in Scotland. As of 2021 end, it had proven oil and gas reserves of 5.3 billion of oil equivalent, when it also raked in $90 billion in revenue.

17 of the 920 hedge funds polled by Insider Monkey during Q3 2022 had bought Equinor ASA (NYSE:EQNR)’s shares.

Equinor ASA (NYSE:EQNR)’s largest hedge fund investor is Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital which owns 9.9 million shares that are worth $329 million.

Disclosure: None. You can also take a peek at Agriculture Stocks List: 25 Biggest Companies and 20 Largest Hotel Chains in the World.

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