Media coverage about Statoil ASA (NYSE:STO) has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Statoil ASA earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the oil and gas company an impact score of 42.8884077473867 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern’s rankings:
- Watch-List High dividend yield Stock: Statoil ASA (STO) – Voice Of Analysts (analystsbuzz.com)
- Statoil (STO) & SembMarine Sign LOI for Barents Sea FPSO – Nasdaq (nasdaq.com)
- New Strong Buy Stocks for November 15th (finance.yahoo.com)
- Statoil ASA (STO) Downgraded by BMO Capital Markets (americanbankingnews.com)
- Sembcorp Marine Clinches $490 Million Construction Contract From Statoil (epmag.com)
Statoil ASA (NYSE STO) traded down $0.45 during mid-day trading on Wednesday, reaching $20.24. 1,982,900 shares of the company traded hands, compared to its average volume of 1,878,298. Statoil ASA has a fifty-two week low of $16.16 and a fifty-two week high of $21.02. The firm has a market capitalization of $67,140.07, a price-to-earnings ratio of 21.11, a PEG ratio of 0.66 and a beta of 0.97. The company has a current ratio of 1.54, a quick ratio of 1.38 and a debt-to-equity ratio of 0.71.
Several research analysts have commented on the stock. cut shares of Statoil ASA from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. BMO Capital Markets cut shares of Statoil ASA from an “outperform” rating to a “market perform” rating in a report on Tuesday. Barclays PLC cut shares of Statoil ASA from an “equal weight” rating to an “underweight” rating in a report on Monday, August 21st. Scotiabank set a $17.00 price objective on shares of Statoil ASA and gave the company a “hold” rating in a report on Friday, August 25th. Finally, Citigroup Inc. cut shares of Statoil ASA from a “buy” rating to a “neutral” rating in a report on Monday, October 30th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company’s stock. Statoil ASA currently has an average rating of “Hold” and a consensus price target of $18.33.
Statoil ASA Company Profile
Statoil ASA (Statoil) is an energy company. The Company is engaged in oil and gas exploration and production activities. The Company’s segments include Development and Production Norway (DPN), Development and Production International (DPI), Marketing, Midstream and Processing (MMP) and Other. DPN segment manages the Company’s upstream activities on the Norwegian continental shelf (NCS) and explores for and extracts crude oil, natural gas and natural gas liquids.
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