Seeking Alpha

More on Statoil's (STO) Q4 results: Plans 2013 capex of $19B, up from $18B in 2012....

More on Statoil's (STOQ4 results: Plans 2013 capex of $19B, up from $18B in 2012. Reiterates its forecast of lower Y/Y production in 2013, and says a recent asset swap with Wintershall would shave ~40K boe/day off its production. Still aims to raise production to more than 2.5B boe/day by 2020, a 25% increase over current levels. Shares +1.3% premarket.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|