Statoil ASA (NYSE:STO) will announce its earnings results before the market opens on Wednesday, February 7th. Analysts expect the company to announce earnings of $0.34 per share for the quarter.
Statoil ASA (STO) opened at $22.71 on Monday. The company has a market cap of $77,520.00, a price-to-earnings ratio of -94.63, a PEG ratio of 0.74 and a beta of 1.00. Statoil ASA has a twelve month low of $16.18 and a twelve month high of $24.47. The company has a quick ratio of 1.38, a current ratio of 1.54 and a debt-to-equity ratio of 0.71.
The business also recently declared a dividend, which will be paid on Friday, February 9th. Stockholders of record on Friday, February 9th will be issued a $0.16 dividend. This represents a dividend yield of 0.00677966101694915%. The ex-dividend date is Thursday, February 8th. Statoil ASA’s payout ratio is -225.00%.
A number of equities analysts have recently commented on STO shares. Bank of America lowered shares of Statoil ASA from a “neutral” rating to an “underperform” rating in a report on Tuesday, December 5th. ValuEngine raised shares of Statoil ASA from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Royal Bank of Canada raised shares of Statoil ASA from a “sector perform” rating to an “outperform” rating in a report on Tuesday, January 2nd. BMO Capital Markets lowered shares of Statoil ASA from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 14th. Finally, Citigroup lowered shares of Statoil ASA from a “buy” rating to a “neutral” rating in a report on Monday, October 30th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the stock. Statoil ASA currently has an average rating of “Hold” and a consensus target price of $18.33.
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About Statoil ASA
Statoil ASA (Statoil) is an energy company. The Company is engaged in oil and gas exploration and production activities. The Company’s segments include Development and Production Norway (DPN), Development and Production International (DPI), Marketing, Midstream and Processing (MMP) and Other. DPN segment manages the Company’s upstream activities on the Norwegian continental shelf (NCS) and explores for and extracts crude oil, natural gas and natural gas liquids.
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