Statoil ASA (STO) 16.35 $STO Oil & Gas Stock Roundup: BP

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Statoil ASA (STO) 16.35 $STO

Oil & Gas Stock Roundup: BP & CNPC Ink Shale Gas Deal, Diamond Offshore Loses Rig Contract Early
Nilanjan Choudhury - Zacks Investment Research - Tue Sep 06, 9:35AM CDT
BP plc (BP) announced a second strategic partnership with China's state-owned energy company CNPC for shale gas exploration, while Diamond Offshore Drilling (DO) said its contract for the semisubmersible Ocean Valor was canceled more than 2 years early.
PBR: 9.94 (+0.36), DO: 16.40 (+0.12), MTRX: 18.63 (+0.14), COP: 41.00 (+0.08), BP: 34.69 (+0.19), CVX: 102.43 (+1.50), STO: 16.35 (+0.43)

Petrobras' (PBR) Layoff Program Ends; 11,704 Take the Offer
Zacks Equity Research - Zacks Investment Research - Mon Sep 05, 7:35AM CDT
Brazil's troubled state-run energy giant, Petroleo Brasileiro S.A. or Petrobras (PBR) announced that its voluntary layoff program, which came to an end on Aug 31, has been accepted by 11,704 employees.
NGL: 18.14 (-0.24), DVN: 44.21 (-0.06), PBR: 9.94 (+0.36), STO: 16.35 (+0.43)

Veidekke ASA: Expands its corporate management team
Globe Newswire - Mon Sep 05, 2:30AM CDT
Veidekke has appointed Lars Erik Lund (47) as a new member of the company's corporate management team. Lund has been appointed as the Executive Vice President responsible for Communication and Public Affairs, and he will also have overall responsibility for the group's compliance work.
STO: 16.35 (+0.43)

100+ Operations Executives From Across The EMEA Region Discuss Operational Efficiency in Oil and Gas
PR Newswire Europe - Fri Sep 02, 3:05AM CDT
LONDON, September 2, 2016 /PRNewswire/ --
STO: 16.35 (+0.43)

StatoilHydro Set to Possibly Rebound After Yesterday's Selloff of 1.37%
Comtex SmarTrend(R) - Thu Sep 01, 2:25PM CDT
StatoilHydro (NYSE:STO) traded in a range yesterday that spanned from a low of $15.34 to a high of $15.56. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $15.62 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STO: 16.35 (+0.43)

StatoilHydro Falls 1.37% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu Sep 01, 2:23PM CDT
StatoilHydro (NYSE:STO) traded in a range yesterday that spanned from a low of $15.34 to a high of $15.56. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $15.62 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STO: 16.35 (+0.43)

Statoil-Petrobras MoU for Joint Participation in Future Projects
Zacks Equity Research - Zacks Investment Research - Wed Aug 31, 9:34AM CDT
Statoil ASA (STO), has inked a Memorandum of Understanding (MoU) with Petrobras in order to strengthen their ties in Brazil.
NGL: 18.14 (-0.24), DVN: 44.21 (-0.06), EEP: 24.61 (+0.61), STO: 16.35 (+0.43)

The Zacks Analyst Blog Highlights: Royal Dutch Shell, Statoil, BP and ConocoPhillips
Zacks Equity Research - Zacks Investment Research - Wed Aug 31, 8:30AM CDT
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Statoil, BP and ConocoPhillips
RDS.A: 50.28 (+0.64), COP: 41.00 (+0.08), BP: 34.69 (+0.19), STO: 16.35 (+0.43)

Statoil Cuts Johan Sverdrup Capex Due to Price Volatility
Zacks Equity Research - Zacks Investment Research - Tue Aug 30, 10:50AM CDT
Statoil ASA (STO) announced that it has slashed the planned capital expenditure on Johan Sverdrup field in the North Sea.
NGL: 18.14 (-0.24), DVN: 44.21 (-0.06), EEP: 24.61 (+0.61), STO: 16.35 (+0.43)

Slowdown in Oil Finds Raises Alarm Over Supply Gap Ahead
Zacks Equity Research - Zacks Investment Research - Tue Aug 30, 10:48AM CDT
The Oil and Gas sector continues to remain in troubled waters with a new report mentioning that in 2015 explorers had managed to discover only about 10% of the average level of oil found annually since 1960 and the level is expected to decline even further.
RDS.A: 50.28 (+0.64), COP: 41.00 (+0.08), BP: 34.69 (+0.19), STO: 16.35 (+0.43)

Statoil's Fram C East Well Begins Oil Production Within Budget
Zacks Equity Research - Zacks Investment Research - Mon Aug 29, 8:29AM CDT
Statoil ASA (STO) has been able to save about NOK 200 million of capital expenditure by adopting a simple, smart well concept alongside achieving considerably increased drilling efficiency.
NGL: 18.14 (-0.24), DVN: 44.21 (-0.06), EEP: 24.61 (+0.61), STO: 16.35 (+0.43)

CORRECTION: Statoil ASA: Publication of prospectus and commencement of subscription period for the Dividend Issue for 1Q 2016 under the Scrip Dividend Programme - FOR SHAREHOLDERS IN NORWAY
GlobeNewswire - Mon Aug 29, 7:53AM CDT
This is a correction of the announcement from 07:49 29.08.2016 CEST. Reason for the correction: Corrected amount of Dividend Shares to be issued.
STO: 16.35 (+0.43)

Statoil ASA: Commencement of subscription period for the Dividend Issue for the first quarter 2016 under the Scrip Dividend Programme - FOR SHAREHOLDERS OUTSIDE NORWAY
GlobeNewswire - Mon Aug 29, 12:57AM CDT
NOT FOR RELEASE IN OR INTO CANADA, JAPAN, AUSTRIA, POLAND, ESTONIA, ICELAND OR ANY OTHER JURISDICTION IN WHICH THE RELEASE WOULD BE UNLAWFUL
STO: 16.35 (+0.43)

Statoil ASA: Publication of prospectus and commencement of subscription period for the Dividend Issue for the first quarter 2016 under the Scrip Dividend Programme - FOR SHAREHOLDERS IN NORWAY
GlobeNewswire - Mon Aug 29, 12:51AM CDT
Reference is made to the previous announcements by Statoil ASA (OSE:STL, NYSE:STO, the "Company" regarding the resolution made by the annual general meeting on 11 May 2016 to approve the two year scrip dividend programme commencing from the fourth quarter 2015 (the "Scrip Dividend Programme" and to distribute a dividend of USD 0.2201 (NOK 1.8255, as announced 17 August 2016) per share for the first quarter of 2016 that shareholders can choose to receive either in new shares of the Company ("Dividend Shares" or in cash.
STO: 16.35 (+0.43)

Statoil Acquires Operatorship & Partial Ownership in P.2170
Zacks Equity Research - Zacks Investment Research - Wed Aug 24, 8:49AM CDT
Statoil ASA (STO) has entered into a Sales and Purchase Agreement (SPA) with Jersey Oil and Gas plc and CIECO Exploration and Production (UK) Limited.
NGL: 18.14 (-0.24), DVN: 44.21 (-0.06), EEP: 24.61 (+0.61), STO: 16.35 (+0.43)

Watch for StatoilHydro to Potentially Rebound After Falling 1.71% Yesterday
Comtex SmarTrend(R) - Mon Aug 22, 3:43PM CDT
StatoilHydro (NYSE:STO) traded in a range yesterday that spanned from a low of $15.93 to a high of $16.15. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $15.99 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
STO: 16.35 (+0.43)

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