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SeekingAlpha Energy Stocks (Free subscription) | yesterday
Kurt Wulff ( McDep Associates ) submits: Analyzing third quarter results released November 4, we reaffirm estimated Net Present Value (NPV) of $35 a share for buy-recommended Statoil ( STO ). On that basis, unlevered appreciation potential is 31% to a McDep Ratio of 1.0 where stock price would equal NPV. Unlevered cash flow (Ebitda) exceeded expectations in Norwegian kroner. Not sure how rapidly...
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Market Watch (Free subscription) | 12/07/2009
FRANKFURT (MarketWatch) -- Statoil ASA , a Norway-based oil and gas company, was downgraded on Monday to sell from hold at Deutsche Bank, which cited the uncertain outlook for European gas markets. "Not only do we forecast lower gas prices in 2010 but given calls from European buyers for reduced off-take volumes under long-term contracts, we suspect both upstream and gas sales volumes...
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Business Wire (Free subscription) | 8 hours ago
STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News: Peab's Norwegian subsidiary Peab AS has been commissioned to build a new parking garage at Fornebu in Oslo. The customer is IT Fornebu, and the contract amounts to 350 million Norwegian kroner. The parking garage will be built in conjunction with Statoil's new headquarters at the defunct airport Fornebu in central Oslo. The building will be...
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The Earth Times Online Newspaper (Free subscription) | 12/08/2009
PARIS - Technip (Paris:TEC) (ISIN:FR0000131708) has been awarded by Statoil ASA an engineering, procurement, construction and installation lump sum contract, worth in excess of €23 million, for the Åsgard Gas Transfer Project(1). The Åsgard field is located on the
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Business Wire (Free subscription) | 12/08/2009
PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) has been awarded by Statoil ASA an engineering, procurement, construction and installation lump sum contract, worth in excess of €23 million, for the Åsgard Gas Transfer Project(1). The Åsgard field is located on the Norwegian Continental Shelf at a water depth of 300 meters. The contract covers...
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Biofuels Digest (Free subscription) | yesterday
... Solazyme, a fleet of Honda Insights and at least on Honda FCX Clarity ,” while Inbicon, Novozymes, Statoil, Danisco and others are filling a fleet of VIP Volvo imousines with biofuel. The advanced fuel is made from waste biomass, namely straw by the company Inbicon at its new USD-60-million demonstration plant in Denmark. Solzyme, Inbicon, Novozymes, Danisco among companies outfitting Copenhagen...
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Domestic Fuel (Free subscription) | 12/07/2009
... Volvo limousines is sponsored by Partnership for Biofuel, which is a cooperation between Inbicon, Statoil, Danisco, and Novozymes, as well as Volvo.
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Random Roger's Big Picture (Free subscription) | 12/03/2009
... to go and as an example of a stock being the best way to go I mentioned our long time holding in Statoil (STO). The follow up question was what would be an example of something where there was an ETF but I chose a stock instead. I mentioned that we own Nike instead of a discretionary sector fund because those funds tend to be heavy in restaurants and electronics retailers (I should have...
