Statoil (STO): Q4 net profit +163% to 25.5B kroner ($4.4B) vs. 13.3B kroner consensus. Revs +22%...

|About: Statoil ASA (STO)|By:, SA News Editor
Statoil (STO): Q4 net profit +163% to 25.5B kroner ($4.4B) vs. 13.3B kroner consensus. Revs +22% to 173.9B kroner. Q4 boosted by higher oil and gas prices, and an 8.5B kroner gain, mostly related to the sale of a stake in Gassled. Equity output +1.5% to 1.975M barrels of oil equivalents/day, aims to reach 2.5M by 2020. (PR)