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Last $20.85 USD
Change Today 0.00 / 0.00%
Volume 0.0
STOHF On Other Exchanges
Symbol
Exchange
OTC US
Oslo
New York
Xetra
Stockholm
Mexico
Frankfurt
As of 8:10 PM 04/30/15 All times are local (Market data is delayed by at least 15 minutes).

statoil asa (STOHF) Snapshot

Open
$20.85
Previous Close
$20.85
Day High
$21.00
Day Low
$20.50
52 Week High
06/23/14 - $31.94
52 Week Low
01/6/15 - $15.85
Market Cap
66.5B
Average Volume 10 Days
41.3K
EPS TTM
--
Shares Outstanding
3.2B
EX-Date
05/20/15
P/E TM
--
Dividend
$7.09
Dividend Yield
5.04%
Current Stock Chart for STATOIL ASA (STOHF)

statoil asa (STOHF) Related Businessweek News

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statoil asa (STOHF) 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 (STOHF) 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 (STOHF) Key Developments

Statoil ASA Announces Board Changes

The nomination committee in Statoil ASA recommends that the company's corporate assembly elects Øystein Løseth as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors. Board member Rebekka Glasser Herlofsen, who was elected to the board from 19 March 2015, has been elected until the ordinary election of shareholder-elective members to the board of directors in 2016. Chair of the board Svein Rennemo and board member Jim Mulva have informed the nomination committee that they do not wish to stand for re-election in 2015. Svein Rennemo has been chair of the Statoil board of directors since 2008, and informed the nomination committee in 2014 that he wanted to be replaced. Jim Mulva has been a member of the board of directors since 2013, and has informed the nomination committee that he due to capacity constrains, with several demanding offices, does not wish to stand for re-election. Øystein Løseth has been a member of Statoil ASA's board of directors since 1 October 2014 and is a member of the board's audit committee. Løseth has significant top managerial experience in the energy sector, with particular expertise and experience from the European energy market. He worked in Vattenfall AB from 2009 to 2014, first as an Executive Vice President and then as the company's Chief Executive Officer from 2010. Roy Franklin was a member of the board of directors of StatoilHydro from October 2007, and Statoil's board of directors from November 2009 until June 2013. He has previously been the chair of both the board's safety, sustainability and ethics committee and the board's audit committee. Catherine Hughes resigned from the board of directors on 19 April 2015. The nomination committee's search for a new, female board member as replacement for Hughes has commenced, but is not expected to be completed in time for the corporate assembly meeting.

Statoil ASA Declares Dividend for the First Quarter of 2015

The board of directors of Statoil ASA has decided to pay NOK 1.80 per share in dividend for the first quarter of 2015.

Litgas and Statoil to Set Up Joint Venture

Litgas and Statoil are planning to set up a joint venture to ship LNG from Klaipeda to other Baltic Sea gas terminals. When Litgas and Statoil signed their LNG supply agreement in 2014, it provided for a possibility to agree on the development of a joint bunkering business as well. The Klaipeda LNG terminal is the only of its size in the Baltic Sea, Klaipeda is in a geographically attractive location, and Statoil is the only LNG producer of such a large scale in Europe. Therefore, there are plans to create a joint venture to serve small ships operating regular services in the Baltic Sea.

 

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Industry Analysis

STOHF

Industry Average

Valuation STOHF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 1.5x
Price/Cash Flow 8.1x
TEV/Sales 0.2x
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