Listed at Oslo Stock Exchange (Stock Symbol: EQNR)
How to Open a Trading Account to Invest in Equinor Shares
Opening an investment account with an Online Broker is a process that is completed online and requires:
First, choose the broker that best fits you. Here, we present eToro as the main choice.
Upload an ID and a proof of address (electricity, water bills, etc.), through the Broker's App or via email.
Whether you open it with eToro or with another broker, make sure to choose the right base currency of the account. With some brokers, changing it once you open the account can be painful. Trading Accounts may be based in US Dollars (USD), Euros (EUR), Pound Sterling (GBP), Swiss Franc (CHF), Australian Dollar (AUD) as the base currency. Practically all of them offer the option in US Dollars or Euros.
Once the account has been approved by the Broker, it's time to deposit cash. The depositing and withdrawing money methods are usually Credit Cards, Bank Transfers or eWallets (PayPal, PaySafe, Skrill, SafetyPay, Neteller, among many others). The available options to deposit funds will depend on each Broker. A vital fact to mention is that all of the Brokers presented above allow you to use a simulator on their platform, that is, they allow testing their Demo account, which is totally Free. In other words, you can open a Demo account, try the platform, and then decide whether to deposit money or not.
Upon the capital is credited into your credited account, you may now buy the Stock.
Is it easy to invest in Equinor Shares?
Online Brokers allow investing in Shares straightforwardly through optimized apps that grant easy and fast access to financial markets. In fact, most platforms resemble a social network or any other phone app: They are designed so that the investor can learn and start trading very quickly, without the need for much prior knowledge. Literally, to buy shares of Equinor, you have to:
open a trading account as explained before,
Search for "Equinor" on the Broker's Trading platform, and
press the "Buy" button.
And, done, you are officially investing in the co's shares.
Equinor (previously called Den Norske Stats Oljeselskap AS) was founded in 1972 and is headquartered in Stavanger, Norway. This global energy company is engaged in developing oil, gas, wind and solar energy in more than 30 countries worldwide.
The company sells crude oil and supplies natural gas with processing, refining, and trading activities. Equinor also provides electricity in the UK through the offshore wind farms of Sheringham Shoal, Dudgeon and Hywind Scotland.
Equinor employs around 20,000 people and is considered the largest operator in Norway and one of the world's largest offshore operators.
It operates through eight business areas, staff and support divisions, and operations in Africa, Asia, Europe and Oceania, Norway, and North and South America. In 2019, Equinor and partners ExxonMobil, Idemitsu and Neptune announced oil and gas discovery in the exploration well, Echino South.