+ Watch STO
on My Watchlist
An integrated oil and gas company, headquartered in Stavanger, Norway which is based on both production and reserves.
STO has sold off significantly recently with the rest of the oil market. If you believe oil is at or near a bottom from this sell off then STO should do well over the next year or so. If you like me are not sure if we are at the bottom yet, STO has less downside risk because of its dividend and more stable parts of the world where it does most of its business. As an added bonus Norway has its own currency (not the Euro) and thus may benefit some from the QE just announced with the Euro. In a very volatile/risk sector of the market, STO stands out as a lower beta choice in my opinion.
Western Europe can't rely on Russia for oil, so they will look to Norway. Norway is not on the Euro, so no issues with that. Still keeping a great dividend, even with the drop in oil. Great long term investment
Good: + Near oil bottom. + Shed some bad contracts in the past year. Bad: + Oil discovery hasn't gone well recently.
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
bottom fishing Dec 20 '13 trading at 23.30. Start limit at 21, recent support.
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.
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