ProShares Ultra Bloomberg Natural Gas ETF vs Equinor ASA — how do they compare? ProShares Ultra Bloomberg Natural Gas ETF trades at $19.6, while Equinor ASA trades at $40.66 (market cap $97.04B). The key difference: Equinor ASA pays a 3.81% dividend while ProShares Ultra Bloomberg Natural Gas ETF pays none, and Equinor ASA is trading nearer its 52-week high, ProShares Ultra Bloomberg Natural Gas ETF nearer its low. Which is the better fit depends on your goals.
| BOIL | EQNR | |
|---|---|---|
Sector | Leveraged / Inverse | Energy |
52-Week High | $87.24 | $42.40 |
52-Week Low | $18.74 | $22.41 |
Market Cap | — | $97.04B |
Enterprise Value | — | $105.74B |
Dividend Yield | — | 3.81% |
Trailing returns across standard periods
BOIL is a leveraged ETF that seeks to provide two times (2x) the daily performance of the Bloomberg Natural Gas Subindex. It uses futures contracts to offer magnified exposure to natural gas price movements.
Read more on BOIL →Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.1 million barrels of oil equivalent per day in 2021 (52% oil) and ended the year with 5.4 billion barrels of proven reserves (49% oil). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.
Read more on EQNR →