Last 180.80 NOK
Change Today +0.40 / 0.22%
Volume 403.7K
As of 12:00 PM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

statoil asa (STL) Snapshot

Open
180.50 NOK
Previous Close
180.40 NOK
Day High
180.80 NOK
Day Low
178.60 NOK
52 Week High
06/24/14 - 195.60 NOK
52 Week Low
10/9/13 - 133.00 NOK
Market Cap
576.5B
Average Volume 10 Days
347.0K
EPS TTM
--
Shares Outstanding
3.2B
EX-Date
11/14/14
P/E TM
--
Dividend
7.20 NOK
Dividend Yield
3.98%
Current Stock Chart for STATOIL ASA (STL)

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statoil asa (STL) Details

Statoil ASA, an integrated energy company, is engaged in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. The company is involved in the exploration, development, and production of crude oil and natural gas, as well as extraction of natural gas liquids in 44 assets in the North Sea, the Norwegian Sea, and the Barents Sea. It also transports, markets, and trades crude oil, natural gas liquids, and refined products, including methanol; and operates, maintains, and develops gas processing plants. In addition, the company develops offshore wind-farms in Northwestern Europe; and develops solutions for carbon capture and storage plant located in Mongstad. It has proved reserves of approximately 5,600 million barrels of oil equivalent. The company was formerly known as StatoilHydro ASA and changed its name to Statoil ASA in November 2009. Statoil ASA was founded in 1972 and is headquartered in Stavanger, Norway.

23,413 Employees
Last Reported Date: 03/21/14
Founded in 1972

statoil asa (STL) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: 11.0M NOK
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: 4.1M NOK
Executive Vice President of Development and P...
Total Annual Compensation: 6.7M NOK
Executive Vice President of Exploration
Total Annual Compensation: 4.7M NOK
Executive Vice President for Development & Pr...
Total Annual Compensation: 3.6M NOK
Compensation as of Fiscal Year 2013.

statoil asa (STL) Key Developments

Statoil ASA and Petronic Sign Agreement to Cooperate in Oil and Gas Activities

Statoil ASA and Petronic have signed a Petronic-Statoil cooperation agreement, or a letter of intent, to find ways to cooperate in oil and gas activities offshore Nicaragua's Pacific coast. The consortium (Statoil and Petronic) has also sent a request to the Nicaraguan Ministry of Energy of Mines (MEM) to request start of exclusive negotiations for concession contracts offshore Nicaragua's Pacific coast. This request is pending MEM approval. This is an early phase, but a first step towards possible exploration activities offshore Nicaragua. Separately, Geoex International has signed a cooperation agreement with Petronic with the intent to conduct a 2D seismic survey covering an area of 32,000 square kilometers off Nicaragua's Pacific coast.

General Electric Company, Ferus Natural Gas Fuels Fueling Services and Statoil ASA Announce Flare Gas Expansion Project

General Electric Company, Ferus Natural Gas Fuels fueling services and Statoil ASA have announced the expansion of a pilot project to capture flare gas and use it to power up to six of Statoil's drill rigs and one frac fleet in North Dakota. The expansion is the first step by Statoil to move into full commercial adoption of the GE and Ferus NGF joint venture's Last Mile Fueling Solution (Last Mile), which is expected to reduce emissions and provide cost-savings and logistics solutions for the company's Bakken oilfield operations. Statoil's Last Mile pilot project has been in place for approximately eight months near Watford City, North Dakota. During this time, it has been capturing natural gas that would otherwise be flared, and has used it instead to assist power for its oil and gas operations. The company anticipates this new commercial expansion will increase its flare gas capture to between 3 and up to 5 million standard cubic feet per day (scfd) by the end of 2014, equating to GHG emissions reductions of between 120,000 and up to 200,000 metric tons per year, or the equivalent of removing between 25,000 up to 45,000 cars from the road.

Statoil ASA to Supply Gas for Testing of Lithuania's LNG Terminal

Statoil ASA will supply natural gas for the testing of Lithuania's liquefied natural gas terminal, which is expected to come online in December 2014. The company Litgas will purchase 50 million cubic meters of gas (about 83,000 cubic meters of LNG), or around half the capacity of the Independence, the FSRU built for the facility, from Statoil for testing purposes.

 

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Valuation STL Industry Range
Price/Earnings 8.6x
Price/Sales 0.9x
Price/Book 1.5x
Price/Cash Flow 4.1x
TEV/Sales 0.4x
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