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Stock Market & Financial Investment News

News Breaks
May 15, 2014
07:01 EDTSTOStatoil downgraded to Sector Perform from Top Pick at RBC Capital
RBC Capital downgraded Statoil two notches to Sector Preform from Top Pick based on valuation and lack of major news flow until later this year. Price target remains $185.
News For STO From The Last 14 Days
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March 24, 2015
07:36 EDTSTOWhiting tumbles as stock offering dampens takeover speculation
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March 20, 2015
07:31 EDTSTOOneSubsea delivers first subsea multiphase compressor to Statoil
OneSubsea, a Cameron (CAM) and Schlumberger (SLB) company, has delivered the world's first subsea Multiphase Compressor to Statoil (STO) for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating the need for an upstream separation facility or an anti-surge system, making it the industry's only true wet gas compressor. It is expected to increase the recovery rate for the Gullfaks South Brent reservoir by 22M barrels of oil equivalent.
March 19, 2015
05:40 EDTSTOStatoil reports annual equity production of 1.93 Mboepd in FY14
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March 16, 2015
09:36 EDTSTOEOG Resources could be a target for Statoil, Houston Business Journal says
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March 13, 2015
16:28 EDTSTOWhiting attracts interest from Exxon Mobil, Hess, Continental, Bloomberg says
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