Statoil (OSE:STL, NYSE:STO) delivered adjusted earnings of NOK 15.2 billion and adjusted earnings after tax of NOK 1.6 billion in the fourth quarter 2015. For the full year 2015, adjusted earnings were NOK 77.0 billion and adjusted earnings after tax were NOK 19.5 billion. Statoil's net income in accordance with IFRS for the fourth quarter 2015 was negative NOK 9.2 billion, and for the full year 2015 it ended at negative [...]
STAVANGER, Norway, Jan. 21, 2016 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 January 2016 for use in the group's share saving plan, have on 20 January 2016 been distributed to the employees in accordance with their savings amount. In addition, bonus shares have been allocated based on participation in the program in 2013. Following this, the share saving plan has [...]
STAVANGER, Norway, Jan. 18, 2016 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 15 January 2016 purchased 878,834 shares for use in the group's Share saving plan. The shares have been acquired at a price of NOK 102.70 per share. Before distribution to the employees, the Share saving plan has 11,888,017 shares. This information is subject to the disclosure requirements pursuant to section 5-12 of [...]
Statoil ASA (OSE: STL, NYSE: STO) has acquired 37,101, 561 shares in Lundin Petroleum AB (publ.), corresponding to 11.93 percent of the shares and votes, at a total purchase price of approximately SEK 4.6 billion. The investment in Lundin Petroleum will increase Statoil's indirect exposure to core assets on the Norwegian Continental Shelf ("NCS"). "We consider this a long term shareholding. The Norwegian Continental [...]
STAVANGER, Norway, Dec. 18, 2015 (GLOBE NEWSWIRE) -- The shares of a primary insider's spouse was missing in the reporting of share trading on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 December 2015. This is a correction of the announcement of 15.12.2015 09:15 CEST. The correction regards a missing number in the share trading reporting of a primary insider's spouse. As a participant in Statoil's share saving [...]
STAVANGER, Norway, Dec. 15, 2015 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE: STL, NYSE:STO) on the 10th of December 2015 for use in the group's Share Saving Plan have on the 14 December 2015 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 11,009,183 shares. As participants in the share saving plan, the primary insiders [...]
STAVANGER, Norway, Dec. 11, 2015 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 10 December 2015 purchased 750,203 shares for use in the group's Share saving plan. The shares have been acquired at a price of NOK 123.56 per share. Before distribution to the employees, the Share saving plan has 11,433,066 shares. This information is subject to the disclosure requirements pursuant to section 5-12 [...]
STAVANGER, Norway, Nov. 27, 2015 (GLOBE NEWSWIRE) -- The following primary insider in Statoil ASA has sold shares in Statoil ASA: Lars Christian Bacher, executive vice president in Statoil ASA, has on 27 November 2015 sold 5,000 shares in Statoil ASA at a price of NOK 135.40 per share, and will after the purchase hold 20,172 shares in Statoil ASA. This information is subject to the disclosure requirements pursuant to [...]
STAVANGER, Norway, Nov. 17, 2015 (GLOBE NEWSWIRE) -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 13 November 2015 for use in the group's share saving plan have on 17 November 2015 been distributed to the employees in accordance with their savings amount. Following this, the share saving plan has 10,682,863 shares. This information is subject to the disclosure requirements pursuant to [...]
STAVANGER, Norway, Nov. 16, 2015 (GLOBE NEWSWIRE) -- On behalf of Statoil (OSE: STL, NYSE:STO), DNB has on 13 November 2015 purchased 717,182 shares for use in the group's Share saving plan. The shares have been acquired at a price of NOK 129.88 per share. Before distribution to the employees, the Share saving plan has 11,053,613 shares. This information is subject to the disclosure requirements pursuant to section 5-12 [...]
Statoil (OSE: STL, NYSE: STO) has received an Expert calculation of revised tract participations for the Agbami field in Nigeria. Assuming implementation, this calculation will result in a reduction of 5.17% in Statoil's equity interest in the field from 20.21% to 15.04%. Statoil previously initiated arbitration proceedings to set aside interim decisions made by the Expert. By a decision received by Statoil on 4 November [...]
Statoil (OSE:STL, NYSE:STO) delivered adjusted earnings of NOK 16.7 billion and adjusted earnings after tax of NOK 3.7 billion in the third quarter. Statoil reported net income in accordance with IFRS of negative NOK 2.8 billion, mainly due to net impairment charges and provisions. "We continue to reduce underlying operational costs and deliver a quarter with strong operational performance and solid results from marketing [...]