EQNR vs. LNG
EQNR (Equinor ASA) and LNG (Cheniere Energy, Inc.) are both stocks. Both are in the Energy sector — EQNR in Oil & Gas Integrated, LNG in Oil & Gas Midstream. Over the past 5 years, EQNR returned 18.26%/yr vs 23.34%/yr for LNG. At a 0.49 correlation, their price movements are largely independent.
Performance
EQNR vs. LNG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EQNR achieves a 56.74% return, which is significantly higher than LNG's 24.74% return.
EQNR
- 1D
- -1.55%
- 1M
- -5.09%
- YTD
- 56.74%
- 6M
- 60.62%
- 1Y
- 37.61%
- 3Y*
- 16.35%
- 5Y*
- 18.26%
- 10Y*
- —
LNG
- 1D
- 0.47%
- 1M
- 0.08%
- YTD
- 24.74%
- 6M
- 28.05%
- 1Y
- 2.23%
- 3Y*
- 19.57%
- 5Y*
- 23.34%
- 10Y*
- 22.78%
EQNR vs. LNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EQNR Equinor ASA | 56.74% | 7.70% | -15.98% | -0.78% | 40.77% | 64.55% | -13.57% | -0.99% | -21.06% |
LNG Cheniere Energy, Inc. | 24.74% | -8.70% | 27.18% | 15.02% | 49.30% | 69.48% | -1.70% | 3.18% | -5.13% |
Correlation
The correlation between EQNR and LNG is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since May 16, 2018 | 0.49 |
Fundamentals
EQNR:
$90.56B
LNG:
$50.79B
EQNR:
$2.15
LNG:
$6.80
EQNR:
16.84
LNG:
35.48
EQNR:
0.52
LNG:
0.19
EQNR:
0.89
LNG:
2.58
EQNR:
2.08
LNG:
13.53
EQNR:
$104.23B
LNG:
$20.28B
EQNR:
$36.46B
LNG:
$5.52B
EQNR:
$39.36B
LNG:
$5.81B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EQNR vs. LNG — Risk / Return Rank
EQNR
LNG
EQNR vs. LNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Equinor ASA (EQNR) and Cheniere Energy, Inc. (LNG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EQNR | LNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.05 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 0.15 | +2.38 |
| Martin ratioReturn relative to average drawdown | 4.31 | 0.31 | +4.00 |
Loading charts...
Drawdowns
EQNR vs. LNG - Drawdown Comparison
The maximum EQNR drawdown since its inception was -66.77%, smaller than the maximum LNG drawdown of -97.84%. Use the drawdown chart below to compare losses from any high point for EQNR and LNG.
Loading charts...
Drawdown Indicators
| EQNR | LNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.77% | -97.84% | +31.07% |
Max Drawdown (1Y)Largest decline over 1 year | -17.72% | -24.09% | +6.37% |
Max Drawdown (3Y)Largest decline over 3 years | -27.58% | -24.87% | -2.71% |
Max Drawdown (5Y)Largest decline over 5 years | -35.50% | -24.87% | -10.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.53% | — |
Current DrawdownCurrent decline from peak | -13.80% | -18.55% | +4.75% |
Average DrawdownAverage peak-to-trough decline | -21.46% | -43.14% | +21.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.41% | 11.88% | -1.47% |
Volatility
EQNR vs. LNG - Volatility Comparison
Equinor ASA (EQNR) has a higher volatility of 10.50% compared to Cheniere Energy, Inc. (LNG) at 7.19%. This indicates that EQNR's price experiences larger fluctuations and is considered to be riskier than LNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EQNR | LNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.50% | 7.19% | +3.31% |
Volatility (6M)Calculated over the trailing 6-month period | 29.99% | 21.49% | +8.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.03% | 27.02% | +9.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.91% | 30.27% | +3.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.25% | 32.50% | +3.75% |
Dividends
EQNR vs. LNG - Dividend Comparison
EQNR's dividend yield for the trailing twelve months is around 4.15%, more than LNG's 0.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EQNR Equinor ASA | 4.15% | 7.66% | 12.66% | 11.38% | 3.30% | 2.13% | 4.32% | 5.07% | 3.26% |
LNG Cheniere Energy, Inc. | 0.90% | 1.06% | 0.84% | 0.95% | 0.92% | 0.33% | 0.00% | 0.00% | 0.00% |
Financials
EQNR vs. LNG - Financials Comparison
This section allows you to compare key financial metrics between Equinor ASA and Cheniere Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
EQNR vs. LNG - Profitability Comparison
EQNR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Equinor ASA reported a gross profit of 12.33B and revenue of 27.82B. Therefore, the gross margin over that period was 44.3%.
LNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cheniere Energy, Inc. reported a gross profit of 0.00 and revenue of 5.87B. Therefore, the gross margin over that period was 0.0%.
EQNR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Equinor ASA reported an operating income of 8.80B and revenue of 27.82B, resulting in an operating margin of 31.7%.
LNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cheniere Energy, Inc. reported an operating income of -3.49B and revenue of 5.87B, resulting in an operating margin of -59.4%.
EQNR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Equinor ASA reported a net income of 3.11B and revenue of 27.82B, resulting in a net margin of 11.2%.
LNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cheniere Energy, Inc. reported a net income of -3.50B and revenue of 5.87B, resulting in a net margin of -59.7%.
Frequently Asked Questions
EQNR and LNG have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EQNR has higher volatility (10.50%) compared to LNG (7.19%). In terms of maximum drawdown, EQNR dropped -66.77% vs LNG's -97.84%.
EQNR currently has the higher Sharpe Ratio (1.25 vs 0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for EQNR and LNG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer