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Last €15.21 EUR
Change Today +0.214 / 1.43%
Volume 600.0
DNQA On Other Exchanges
Symbol
Exchange
OTC US
New York
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As of 9:53 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

statoil asa-spon adr (DNQA) Snapshot

Open
€15.00
Previous Close
€15.00
Day High
€15.34
Day Low
€14.65
52 Week High
09/2/14 - €22.37
52 Week Low
12/16/14 - €12.15
Market Cap
48.5B
Average Volume 10 Days
2.5K
EPS TTM
--
Shares Outstanding
3.2B
EX-Date
08/13/15
P/E TM
--
Dividend
€0.88
Dividend Yield
5.51%
Current Stock Chart for STATOIL ASA-SPON ADR (DNQA)

statoil asa-spon adr (DNQA) Related Businessweek News

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statoil asa-spon adr (DNQA) Details

Statoil ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. The company operates through Development and Production Norway; Development and Production International; Marketing, Processing and Renewable Energy; and Other segments. It is involved in the development and production of oil and gas through owning exploration licenses in Norway, North America, South America and sub-Saharan Africa, the Middle East and North Africa, Europe and Asia, and the Oceania. The company also transports, processes, manufactures, markets, and trades oil and gas commodities, such ascrude, condensate, gas liquids, products, natural gas, liquefied natural gas, and refined products; markets and trades electricity and emission rights; and operates refineries, gas processing plants, methanol plants, and crude oil terminals. In addition, the company develops offshore wind projects in north-western Europe; and develops carbon capture and storage projects. As of December 31, 2014, it had proved reserves of approximately 5,359 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.

22,516 Employees
Last Reported Date: 03/19/15
Founded in 1972

statoil asa-spon adr (DNQA) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: 5.6M NOK
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: 4.3M NOK
Executive Vice President of Development and P...
Total Annual Compensation: 6.5M NOK
Executive Vice President of Exploration
Total Annual Compensation: 4.6M NOK
Executive Vice President of Development & Pro...
Total Annual Compensation: 4.4M NOK
Compensation as of Fiscal Year 2014.

statoil asa-spon adr (DNQA) Key Developments

Statoil ASA Announces Dividend for the Second Quarter of 2015

Statoil ASA board of directors has decided to pay dividend of USD 0.2201 per ordinary share equivalent to NOK 1.80 for the second quarter and the Statoil share will trade ex-dividend on Oslo Børs 13 November 2015.

Statoil ASA Announces Unaudited Consolidated Earnings and Production Results for the Second Quarter and First Half Ended June 30, 2015; Provides Earnings Guidance for the Full Year of 2015 and Production Guidance for the Fiscal Year 2015 and 2016; Announces Net Impairment Losses for the Second Quarter Ended June 30, 2015

Statoil ASA announced unaudited consolidated earnings and production results for the second quarter and first half of 2015. For the quarter, the company delivered adjusted earnings of NOK 22.4 billion compared to NOK 32.3 billion in the same period in 2014. The reduction was primarily a consequence of lower oil prices in the second quarter of 2015 compared to the same period last year. Realised average liquids prices in the quarter were down 28% measured in NOK compared to the second quarter last year. Adjusted earnings after tax were NOK 7.2 billion, compared to NOK 9.9 billion in the same period last year. Net income attributable to equity holders of the company was NOK 10.0 billion or NOK 3.15 basic and diluted per share against NOK 11.9 billion or NOK 3.74 basic and diluted per share in the same period in 2014. Revenues were NOK 124.4 billion against NOK 142.6 billion a year ago. Total revenues and other income were NOK 138.5 billion against NOK 146.5 billion a year ago. Net operating income was NOK 31.5 billion against NOK 32.0 billion a year ago. Income before tax was NOK 24.3 billion against NOK 33.2 billion a year ago. Cash flows provided by operating activities were NOK 18.9 billion against NOK 18.1 billion a year ago. Capital expenditures and investments were NOK 33.8 billion against NOK 33.4 billion a year ago. Adjusted earnings were down 31% compared to the second quarter of 2014 mainly as a result of the significant drop in liquids prices and increased depreciation and exploration costs. Adjusted total revenues and other income were NOK 125.1 billion against NOK 142.3 billion a year ago. For the half year, the company reported revenues of NOK 243.9 billion against NOK 312.5 billion a year ago. Total revenues and other income were NOK 258.8 billion against NOK 321.8 billion a year ago. Net operating income was NOK 5.9 billion against NOK 83.4 billion a year ago. Income before tax was NOK 0.0 billion against NOK 85.3 billion a year ago. Net loss attributable to equity holders of the company was NOK 25.5 billion or NOK 8.01 basic and diluted per share against net income attributable to equity holders of the company of NOK 35.6 billion or NOK 11.15 diluted per share in the same period in 2014. Cash flow from operations amounted to NOK 48.0 billion against NOK 73.1 billion a year ago. Organic capital expenditure was USD 7.8 billion in the first half of 2015. Capital expenditures and investments were NOK 64.6 billion against NOK 62.7 billion a year ago. Adjusted earnings were NOK 45.2 billion against NOK 78.3 billion a year ago. Adjusted earnings after tax were NOK 14.2 billion against NOK 25.7 billion a year ago. Adjusted total revenues and other income were NOK 246.6 billion against NOK 311.9 billion a year ago. Net operating income was negatively impacted by net impairment losses of NOK 49.1 billion and lower fair values of derivatives of NOK 3.0 billion. The decrease in adjusted earnings was mainly due to the lower prices measured in NOK and the increase in depreciation costs. Net interest-bearing debt before adjustments as on June 30, 2015 was NOK 93.3 billion against NOK 64.4 billion as on June 30, 2014. Net interest-bearing debt adjusted as on June 30, 2015 was NOK 102.3 billion against NOK 70.7 billion as on June 30, 2014. For the quarter, despite divestments, total equity liquids and gas production delivered of 1,873 mboe per day against 1,799 mboe per day a year ago, up 4%. The increase was mainly due to start-up and ramp-up of production on various fields, higher gas sales from the NCS and lower maintenance compared to the second quarter of 2014. For the half year, total equity liquids and gas production delivered of 1,964 mboe per day against 1,888 mboe per day a year ago. The company also provided earnings guidance for the full year of 2015 and production guidance for the fiscal year 2015 and 2016. Organic capital expenditures for 2015 are estimated at around USD 17.5 billion, due to effects of the on-going efficiency program and the USD/NOK exchange rate. The company expects to deliver efficiency improvements with pre-tax cash flow effects of around USD 1.7 billion from 2016. For the period 2014 ­ 2016, organic production growth is expected to come from new projects resulting in around 2% CAGR (Compound Annual Growth Rate) from a 2014 level rebased for divestments. The company announced net impairment losses for the second quarter ended June 30, 2015. For the quarter, the company reported net impairment losses of NOK 3.7 billion against NOK 4.3 billion a year ago.

Statoil ASA, Q2 2015 Earnings Call, Jul 28, 2015

Statoil ASA, Q2 2015 Earnings Call, Jul 28, 2015

 

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Price/Sales 0.7x
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Price/Cash Flow 6.2x
TEV/Sales NM Not Meaningful
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