When you think about large integrated oil majors, companies like ExxonMobil, Chevron, Shell, TotalEnergies, and BP probably come to mind first. But Norwegian energy giant (NYSE: EQNR) is also up there.

Unlike its peers, which have a more distributed ownership base, 75% of Equinor is owned by the Norwegian state and Norwegian private owners. Only 12% of its shareholders resided in the U.S. as of the end of 2022.

Here's why Equinor is a high-yield dividend stock for passive income investors to consider and why it's worth including in a diversified portfolio of fossil fuel and renewable energy investments.

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Source Fool.com