Statoil ASA (STO) Getting Somewhat Favorable Media Coverage, Analysis Shows

Headlines about Statoil ASA (NYSE:STO) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Statoil ASA earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 47.8281914878696 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news articles that may have effected Accern’s scoring:

A number of research firms recently commented on STO. Deutsche Bank upgraded Statoil ASA from a “sell” rating to a “hold” rating in a report on Monday, September 4th. BMO Capital Markets downgraded Statoil ASA from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 14th. downgraded Statoil ASA from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Bank of America downgraded Statoil ASA from a “neutral” rating to an “underperform” rating in a report on Tuesday, December 5th. Finally, BNP Paribas upgraded Statoil ASA from an “underperform” rating to a “neutral” rating in a report on Tuesday, September 26th. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the stock. Statoil ASA has an average rating of “Hold” and a consensus target price of $18.33.

Statoil ASA (STO) traded down $0.02 during mid-day trading on Tuesday, hitting $21.03. The stock had a trading volume of 1,031,200 shares, compared to its average volume of 1,828,550. The company has a quick ratio of 1.38, a current ratio of 1.54 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $69,886.20, a PE ratio of -84.12, a P/E/G ratio of 0.70 and a beta of 0.96. Statoil ASA has a 52 week low of $16.18 and a 52 week high of $21.11.

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Statoil ASA Company Profile

Statoil ASA (Statoil) is an energy company. The Company is engaged in oil and gas exploration and production activities. The Company’s segments include Development and Production Norway (DPN), Development and Production International (DPI), Marketing, Midstream and Processing (MMP) and Other. DPN segment manages the Company’s upstream activities on the Norwegian continental shelf (NCS) and explores for and extracts crude oil, natural gas and natural gas liquids.

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