Statoil (ADR) (NYSE:STO)

StatOil has a proven record of above board dealings, safety records, and genuine corporate governance- sweet long term play especially if it drops below $22.00!

Well-run company. Growth industry.

buybuybuy

Strong contender in oil production, strong currency.

II

Yields >5%, P/E 4

Statoil is a useful play on the Norwegian Kroner which currency is likely to appreciate over the medium term backed by Norway's strong economic position compared with its peers. Increasing likely discoveries off Africa will add further momentum.

OIL :)

P/E

I want to owe an oil company with good production growth prospects to replace part of another position I own

just bought it in RL

I don't expect any upside, and I am ready to sell when STO perform better than SP500 about 3-4%.
Also don't have any fears even if oil goes back under 80.

oversold. good dividend, solid company. buying today.

Slow to increase, but the expansion plans have diversified them beyond just North Sea operations. The dividend is a plus that will be hard to ignore if the larger market retreats.

It's quite a bargain at the current P/E ratio. The net profit margin is solid and tending to rise slightly over the past 10 years. At the same time, the revenue growth over the last 10 years has been excellent. They've grown net income by around 11B with only 39B additional retained earnings during that time. They increased book value per share by 500% over the last 10 years. Cash operations has seen the same upward trend except in 2009 of course.

Now it's selling at a P/E ratio of 6.2 and has a nice dividend. It's still under the same CEO it had since 2004 who oversaw that sustained non-dillutive growth of the company. Of all the big oil companies, it seems like the best deal right now.

3Rules

they drill in brtisch waters

http://wiki.fool.com/The_Graham_Number
Formula: Fair value=Sqrt(22.5*EPS*BV) I expanded it a little by also using EPS Normalized and Tangible BV
My current Graham Number Valuation Range for STO: $31.36 to $37.45
Figures derived from current Scottrade research data

Not to mention the 4.45% divi yield. The Fool's Stats page doesn't reflect the rise in the divi from $0.91 to $1.07 annual payout.

Keeping my outperform pick open

Dividend

Many new findings
Big opportunities in the Barent Sea, northern Norway, Bakken and in western Afrika
Low P/E
Nice Dividend