Report
Allen Good, CFA
EUR 100.00 For Business Accounts Only

Statoil is focused on cutting costs and improving returns.

Statoil reported good full-year 2017 results including strong free cash flow generation of $3.1 billion for the year, which would have covered a full cash dividend. As a result, Statoil raised the quarterly dividend by 4.5% to $0.23 per share after ending the scrip program last quarter, signaling the strong progress the firm has made. It also laid out plans to keep operating costs on par with 2017 levels and committed to flat capital spending of $11 billion per year through 2020. We estimate a d...
Underlying
Equinor ASA

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Allen Good, CFA

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