Company report

Statoil corporate - reported results analysis

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

Statoil's Q3 results made for mixed reading. Strong operational performance continued and Statoil upped its 2017 production growth guidance to an impressive 6%. There was also further progress on costs and the 2017 budget was cut by 10% to US$10 billion. Operational efficiency has pushed the budget down without a reduction in activity. But an US$856 million impairment on unconventional assets in the US Eagle Ford hit reported net income leading to a quarterly net loss that undershot market expectations.Quarterly free cash flow generation was also weak despite higher output and prices. Financial gearing remained static at 28%.

What's included

This report contains

  • Document

    Statoil corporate - reported results analysis

    PDF 461.93 KB

Table of contents

  • Other Statoil research
    • Overview
    • Key Figures
    • Key figures
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
    • M&A
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
    • Overview
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
    • M&A
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • Exploration
    • M&A
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
    • Overview
    • Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
    • Overview
    • Strategy / Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
    • Overview
    • Strategy / Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
    • Overview
    • Investment/Strategy
    • Operational performance
    • Financial performance
    • M&A/Business Development
    • Exploration
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
  • Pre-2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
    • Other comments
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration

Tables and charts

This report includes 2 images and tables including:

Images

  • Statoil: evolution of quarterly net income
  • Statoil: evolution of quarterly production

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898