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Statoil ASA (NYSE:STO)

15.91
Delayed Data
As of 4:02pm ET
 +0.07 / +0.44%
Today’s Change
10.89
Today|||52-Week Range
17.94
+13.97%
Year-to-Date
SECTOR
Energy Minerals
INDUSTRY
Integrated Oil
MARKET CAP
$50.6B

Company Description

Statoil ASA engages in the exploration,. production, transport, refine, and market of petroleum and petroleum-derived products. It operates through the following segments: Development and Production Norway; Development and Production USA; Development and Production International; Marketing, Midstream, and Processing; New Energy Solutions; and Other. The Development and Production Norway segment consists of its exploration, field development and operational activities on the Norwegian continental shelf. The Development and Production USA segment includes offshore and onshore activities in the USA and Mexico. The Development and Production International is responsible for all development and production of oil and gas outside of Norway and USA. The Marketing, Midstream, and Processing segment is responsible for marketing and trading of oil and gas commodities, electricity, and emission rights; as well as transportation, processing, and manufacturing of commodities, operation of refineries, terminals, processing, and power plants. The New Energy Solutions segment involves the operation of wind parks, carbon capture and storage as well as other renewable energy and low carbon energy solutions. The Other segment includes new energy solutions; global strategy and business development; technology; projects and drilling; and corporate staffs and services. The company was founded on September 18, 1972 and is headquartered in Stavanger, Norway.

Contact Information

Statoil ASA
Forusbeen 50
Stavanger Rogaland 4035
P:(475) 199-0000
Investor Relations:
447881918792

Employees

Shareholders

Other institutional4.76%
Mutual fund holders0.32%
Individual stakeholders--

Top Executives

Eldar SætrePresident & Chief Executive Officer
Anders OpedalChief Operating Officer
Hans Jacob HeggeChief Financial Officer & Executive Vice President
Margareth ØvrumExecutive VP-Technology, Projects & Drilling
Tim DodsonExecutive Vice President-Exploration