Irresti: Statoil Q3

Statoil Q3

Statoil reports adjusted earnings of usd 23 billion and usd 08 billion after tax in the third quarter of 2017. Statoil asa s sto reported adjusted earnings of 25 cents per adr in third quarter 2017 which beat the zacks consensus estimate of 22 cents.

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Statoil reported a net loss in the third quarter but investors should not sweat this as other items are quite positive.

Statoil q3. Statoil increased its production levels qoq and will likely continue to. Statoils sto third quarter 2017 earnings and revenues increase year over year on the back of improved prices and higher production. Ifrs net operating income was usd 11 billion and the ifrs net income was negative usd 05 billion.

Statoils sto third quarter 2017 earnings and revenues increase year over year on the back of improved prices and higher production. Statoil sto q3 earnings beat estimates revenues rise yy home. Eqnr formerly statoil and statoilhydro is a norwegian multinational energy company headquartered in stavanger norwayit is primarily a petroleum company operating in 36 countries with some investments in renewable energyby revenue while under statoil name equinor was ranked by forbes magazine 2013 as the worlds eleventh largest oil and gas company and the twenty.

Statoils third quarter earnings took a surprising dip and heres why statoils results should have been better this quarter but the reason why they didnt meet expectations is very understandable. The company incurred adjusted loss of 9 cents in the. Statoil sto q3 earnings beat estimates revenues rise yy.

2017 Third Quarter First Nine Months Results Equinor Com