News stories about Statoil ASA (NYSE:STO) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group identifies negative and positive media 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 nearest to one being the most favorable. Statoil ASA earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 46.1006545484486 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Statoil: Investing in Askeladd (euro-petrole.com)
- Statoil ASA: Subscription price set for the Dividend Issue for the third … – GlobeNewswire (press release) (globenewswire.com)
- Statoil ASA: Subscription price set for the Dividend Issue for the third quarter 2017 under the Scrip Dividend Programme (feeds.benzinga.com)
- Technical Indicators should not be overlooked on Statoil ASA (STO) – Wall Street Morning (wallstreetmorning.com)
- Who Just Ramped Up Their Shares In Statoil ASA (OB:STL)? (finance.yahoo.com)
Several analysts have issued reports on STO shares. TheStreet raised shares of Statoil ASA from a “c” rating to a “b” rating in a research note on Wednesday, February 7th. ValuEngine raised shares of Statoil ASA from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Morgan Stanley raised shares of Statoil ASA from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, February 13th. Piper Jaffray Companies set a $24.00 price objective on shares of Statoil ASA and gave the stock a “hold” rating in a research note on Friday, February 9th. Finally, BMO Capital Markets downgraded shares of Statoil ASA from an “outperform” rating to a “market perform” rating in a research note on Tuesday, November 14th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $21.00.
Statoil ASA (NYSE:STO) last posted its quarterly earnings results on Wednesday, February 7th. The oil and gas company reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.05. Statoil ASA had a net margin of 7.50% and a return on equity of 11.86%. The firm had revenue of $17.11 billion during the quarter. research analysts expect that Statoil ASA will post 1.49 earnings per share for the current year.
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About Statoil ASA
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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