The Somewhat Positive Press Coverage Extremely Likely to Impact Statoil ASA (STO) Share Price

The Somewhat Positive Press Coverage Extremely Likely to Impact Statoil ASA (STO) Share Price

Here are some of the news headlines that may have impacted Alpha One Sentiment Analysis’s rankings:

Press coverage about Statoil ASA (NYSE:STO) has been trending somewhat positive recently, AlphaOne Sentiment reports. The research group, a service of Accern, scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Statoil ASA earned a media sentiment score of 0.22 on AlphaOne’s scale. AlphaOne also gave news headlines about the oil and gas company an impact score of 97 out of 100, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the next several days.

Statoil ASA (NYSE:STO) opened at 17.33 on Monday. The firm has a 50-day moving average of $17.23 and a 200-day moving average of $17.65. Statoil ASA has a one year low of $14.98 and a one year high of $19.27. The company’s market capitalization is $56.08 billion. Statoil ASA (NYSE:STO) last released its earnings results on Thursday, May 4th. The oil and gas company reported $0.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.13. The firm had revenue of $15.53 billion during the quarter. Statoil ASA had a negative return on equity of 0.53% and a negative net margin of 6.37%. During the same quarter in the previous year, the company posted $0.04 earnings per share. On average, analysts anticipate that Statoil ASA will post $1.05 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Thursday, August 10th will be paid a dividend of $0.2201 per share. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $0.88 annualized dividend and a yield of 5.08%. Statoil ASA’s dividend payout ratio is presently -92.39%. A number of analysts have recently issued reports on STO shares. Zacks Investment Research raised shares of Statoil ASA from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Wednesday, May 10th. Scotiabank set a $17.00 target price on shares of Statoil ASA and gave the company a “hold” rating in a research note on Monday, March 27th. Simmons boosted their target price on shares of Statoil ASA from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, April 19th. BMO Capital Markets raised shares of Statoil ASA from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 25th. Finally, Goldman Sachs Group Inc reaffirmed a “sell” rating on shares of Statoil ASA in a research note on Monday, May 15th. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $18.16.

The company also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Thursday, August 10th will be paid a dividend of $0.2201 per share. The ex-dividend date of this dividend is Tuesday, August 8th. This represents a $0.88 annualized dividend and a yield of 5.08%. Statoil ASA’s dividend payout ratio is presently -92.39%. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “STO”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Related posts

Leave a Comment