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37 Pages

Statoil corporate - reported results analysis


Statoil corporate - reported results analysis

Report summary

Statoil provided a solid set of Q2 results, helped by good operational performance and firmer prices. Quarterly earnings were the highest since Q2 2014, beating market expectations and helping to push gearing below 30% for the first time since Q1 2016. Production guidance for 2017 was upgraded to the top-end of the company's previous target of 4-5% and the exploration budget was trimmed from US$1.5 billion to US$1.3 billion. Longer-term guidance was maintained. Statoil sees its annual capex budget of US$11 billion as sustainable and confirmed its target of 3% production growth to 2020.

What's included?

This report includes 1 file(s)

  • Statoil corporate - reported results analysis PDF - 451.98 KB 37 Pages, 0 Tables, 2 Figures

Description

The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Reported Results Analysis report provides rapid response analysis on company quarterly results and strategy presentations. Use it to gain the upper hand with Wood Mackenzie's opinion on the latest corporate developments.

Widely used by both the energy and financial sectors, our report gives you a unique perspective on key strategic and financial challenges, as well as opportunities facing this oil and gas company.

Wood Mackenzie provides an independent evaluation and expert opinion on the operational performance, strategy and future of the world's top oil and gas companies. Our unique, objective analysis helps you understand, validate, compare and challenge market and corporate views so you can assess strategic opportunities.

  • Q2 2017
    • Key figures
  • Q1 2017
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
    • M&A
  • Q4 2016
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
  • Q3 2016
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
  • Q2 2016
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
  • Q1 2016
    • Overview
    • Strategy/Investment
    • Operational performance
    • Financial performance
    • Exploration
    • M&A
  • Q4 2015
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
  • Q3 2015
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
  • Q2 2015
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
  • Q1 2015
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • Exploration
    • M&A
  • Q4 2014
    • Overview
    • Strategy/Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
  • Q3 2014
    • Overview
    • Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
  • Q2 2014
    • Overview
    • Strategy / Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
  • Q1 2014
    • Overview
    • Strategy / Investment
    • Operational Performance
    • Financial Performance
    • M&A
    • Exploration
  • Q4 2013
    • Overview
    • Investment/Strategy
    • Operational performance
    • Financial performance
    • M&A/Business Development
    • Exploration
  • Q3 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
  • Q2 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
  • Q1 2013
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
  • Pre-2013
  • Q4 2012
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
  • Q3 2012
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
  • Q2 2012
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
  • Q1 2012
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
  • Q4 2011
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration
    • Other comments
  • Q3 2011
    • Overview
    • Strategy / investment
    • Operational performance
    • Financial performance
    • M&A/business development
    • Exploration

In this report there are 2 tables or charts, including:

  • Q2 2017
    • Statoil: evolution of quarterly net income
    • Statoil: evolution of quarterly production
  • Q1 2017
  • Q4 2016
  • Q3 2016
  • Q2 2016
  • Q1 2016
  • Q4 2015
  • Q3 2015
  • Q2 2015
  • Q1 2015
  • Q4 2014
  • Q3 2014
  • Q2 2014
  • Q1 2014
  • Q4 2013
  • Q3 2013
  • Q2 2013
  • Q1 2013
  • Pre-2013
  • Q4 2012
  • Q3 2012
  • Q2 2012
  • Q1 2012
  • Q4 2011
  • Q3 2011
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