$25.15 -1.26 (-4.77%)
11/27/2009 1:01 PM

StatoilHydro ASA (ADR) (STO)

CAPS Rating: 5 out of 5

An integrated oil and gas company, headquartered in Stavanger, Norway which is based on both production and reserves.

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2
Member Avatar gardena (< 20) Submitted: 3/14/2008 10:44:16 AM : Underperform Start Price: $27.73 STO Score: -2.39

Having held this 1000 sharesstock for about 2 years and nearly lost money on it, I think that the stock markets in the U.S. highly speculative as they are, are not receptive to European government owned companies. The Norwegioans are too damn honest for the U.S. stock market; they report even the most insignificant events which could possibly affect society or the environment. Petrobras does not do that (I held it for two years and sorry that I pulled out prematurely -- since then it has quadrupulled.

Only a very large strike by Statoil would garner it the interest that this market craves; since STO is in the Nowegian Shelf and dependent upon a dwindling supply of Oil and gas, I think it is unlikely that in the next year or so, it can outperform a recumbent market.

Recs

0
Member Avatar elistn (72.07) Submitted: 12/27/2007 4:21:09 AM : Underperform Start Price: $27.73 STO Score: -14.06

They are getting weaker in price, while other companies in their field are getting stronger.... not a good sign.

Recs

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Member Avatar royalpriest3 (94.67) Submitted: 2/8/2007 9:37:36 AM : Underperform Start Price: $22.37 STO Score: -32.07

Too have such a large oil reserve STO is a pathetic underformer. It will remain as such for years to come.

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