+ Watch STO
on My Watchlist
An integrated oil and gas company, headquartered in Stavanger, Norway which is based on both production and reserves.
Positive: - Low Valuation, high dividend Negative: - No growth - High dependance on oil and gas prices - Cyclical stock Category: DPVm
Company is becoming more shareholder oriented with higher payouts and is also diversifying its oil & gas prospects geographically, Norway ranks just below Canada, Arab League & Russia in natural gas exports. In light of possible sanctions on Russia & the Sino-Russian gas deal, North Sea LNG could gain ground and remember natgas unlike oil does not have global prices determined on a commodity exchange but is more regional because of pipeline issues & idiosyncrasies of export and consumption. Natural gas can end up as anything from propane to fertilizer to methanol for vehicles.
will benefit from Russia
This is a company with an inmaculate hitory behind in safety and production figures. With the backup of the Norwegian state and with international expansion plans, I am sure they will succeed.
Natural gas second largest exporter to Europe after Gazprom, which could increase with Crimea situation and renewing contracts. Great dividend while you wait, 4.1%.Low P/E.
Norwiegen oil & gas play
US and Canadian investors don't understand this yet.But this is now a very strong "Event" stock, the Event being the upcoming Norwegian elections, now only 3 1/2 weeks away..If you think the Socialist incumbent, Jens Stoltenberg, is somehow going to pull a rabbit out of a hat and survive, you should be Short STO and Short the Norwegian Krone (NOK). (And possibly, you are Dick Morris.)But if you believe pretty much every single poll taken the past six months and think the Christian Democrat - i.e. pro-business - challenger, Erna Solberg, is likely to win, you should be (very) Long the NOK - since she wants a much stronger one - and (very) Long STO.Solberg has not only vowed to slash corporate taxes and investment taxes, she has made it a campaign plank to spin off another 25 percent of the Norwegian government's current STO stake, which is about 3/4.She has vowed to do this at a "very good price," which many have interpreted as a minimum $30 in US terms today. But note that as the NOK strengthens, if it does, the US stock gets an added currency effect, meaning that $30 minimum could turn into a $33 or a $35 minimum.And the spinoff could happen pretty fast, as it is likely all the key Sovereign Wealth Funds, plus others, will be very interested.
currently only 3X cash...solid dividend and one of the lowest lifting cost per BOE$ at roughly $8...not in any trouble debt wise either...just off 52 week low...prices headed north for the summer
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.
Strong contender in oil production, strong currency.
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.
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.
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
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