Equinor ASA drawdown: 7.8% below the all-time high
Equinor ASA is 7.8% below its all-time high, set Sep 15, 2026 (as of market close, Oct 1, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −7.8%
- 92.2% of ATH
- All-time high
- $45.75
- Sep 15, 2026
- Time below the high
- 16 days
- since Sep 15, 2026
- Worst-ever drawdown
- −79.2%
- Mar 18, 2020
- Longest underwater
- 18.3 yrs
- between all-time highs
- Today's level first reached
- May 20, 2008
- 18.4 yrs ago
- Last time this deep
- Aug 7, 2026
- in a previous episode
% of all-time high since 2001#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| May 20, 2008 | Mar 18, 2020 | −79.2% | 11.8 yrs | Aug 20, 2026 | 18.3 yrs |
| May 5, 2006 | Oct 3, 2006 | −35.1% | 5 mo | Sep 21, 2007 | 17 mo |
| Oct 29, 2007 | Jan 23, 2008 | −28.3% | 3 mo | Apr 22, 2008 | 6 mo |
| Jul 5, 2002 | Nov 26, 2002 | −25.3% | 5 mo | Aug 8, 2003 | 13 mo |
| Sep 22, 2005 | Oct 20, 2005 | −20.2% | 28 days | Jan 19, 2006 | 4 mo |
| Jun 20, 2001 | Oct 25, 2001 | −19.5% | 4 mo | Mar 21, 2002 | 9 mo |
| Apr 16, 2004 | May 10, 2004 | −15.2% | 24 days | Sep 21, 2004 | 5 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2001: how far Equinor ASA stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Equinor ASA from its all-time high?
- Equinor ASA is currently 7.8% below its all-time high, set Sep 15, 2026 (as of market close, Oct 1, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Equinor ASA drawdown ever?
- The deepest decline on record in our data (since 2001) took Equinor ASA 79.2% below its prior high, bottoming Mar 18, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from EQNR; no free deep history exists for Equinor ASA — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.