Statoil ASA has received $0.17 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at 240%.
Statoil ASA results fell short with a surprise EPS of -212.5% or $-0.17. The Actual EPS was $-0.09 compared to the Estimated EPS of $0.08 during its most recent quarterly earnings.
In the last quarter, Statoil ASA reported Annual Earnings of $-0.09. Based on the filings, last years Annual Earnings was, $-0.91. In the last Quarter, STO reported a surprise Earnings per Share of -212.5% . The consensus estimate for current quarter is $0.17 and for the current fiscal year, the estimate is $0.18. For the Next fiscal year, the estimate is $0.91 based on the consensus.
Statoil ASA (NYSE:STO) : On Tuesday heightened volatility was witnessed in Statoil ASA (NYSE:STO) which led to swings in the share price. The stock opened for trading at $18.77 and hit $18.79 on the upside , eventually ending the session at $18.67, with a gain of 1.08% or 0.2 points. The heightened volatility saw the trading volume jump to 1,619,843 shares. The 52-week high of the share price is $19.265 and the company has a market cap of $59,532 million. The 52-week low of the share price is at $12.36 .
Statoil is an integrated oil and gas company. One of the worlds biggest sellers of crude oil, Statoil is also a major supplier of natural gas in the European market and has substantial industrial operations. The group has service stations in the Scandinavian countries, Ireland, Poland, the Baltic states and Russia. Statoil is one of the worlds most environmentally-efficient producers and transporters of oil and gas.