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Statoil ASA

Exchange: NYSESector: Basic MaterialsIndustry: Paper & Paper Products

DELISTED - Statoil was founded as Den Norske Stats Oljeselskap AS, the Norwegian State Oil company in 1972. Statoil became listed on the Oslo Børs (Norway) and New York Stock Exchange (US) in June 2001. Statoil merged with Hydro’s oil and gas division in October 2007. Statoil is an international energy company present in more than 30 countries around the world, including several of the world’s most important oil and gas provinces. Our headquarter is located in Stavanger, Norway and we have 20.245 employees worldwide. We create value through safe and efficient operations, innovative solutions and technology. Statoil’s competitiveness is founded on our values-based performance culture, with a strong commitment to transparency, collaboration and continuous efficiency improvements. The board of directors of Statoil have proposed to change the name of the company to Equinor. The new name supports the company’s strategy and development as a broad energy company. The suggested name change will be proposed to the shareholders in a resolution to the annual general meeting on 15 May 2018.

Did you know?

Currently operating at a negative 13.3% profit margin.

Current Price

$27.14

Profile
Valuation (TTM)
Market Cap$2.85B
P/E-4.69
EV
P/B10.29
Shares Out104.98M
P/Sales0.76
Revenue$3.76B
EV/EBITDA592.01

Statoil ASA (STO) Stock News

STO Stock News & Headlines

Latest stock news and headlines for Statoil ASA (STO). Stay informed on earnings reports, analyst upgrades and downgrades, market-moving events, and company announcements.

Current stock price: $27.14. Market cap: $2.85B. Sector: Basic Materials. Industry: Paper & Paper Products. This page aggregates the latest news articles relevant to STO from financial news sources, helping investors stay current on events that may impact Statoil ASA's stock price.

News catalysts can drive significant short-term price movement. Earnings surprises, management changes, product launches, regulatory decisions, and analyst coverage changes all create opportunities and risks. Combine news monitoring with GoodMoat's fundamental analysis, quality scores, and valuation tools for a complete research workflow on Statoil ASA (STO).