Statoil skuffer

Statoil indfriede ikke forventningerne til kvartalsregnskabet, men blev alligevel modtaget positivt på børsen. 

Allen Good 31/10/2014
Facebook Twitter LinkedIn

Analyst Note, Allen Good, 29/10/2014

Statoil’s third-quarter adjusted earnings fell to NOK 30.9 billion from 40.4 billion a year ago on lower production and commodity prices and higher costs. The company reported an unadjusted loss of NOK 4.8 billion compared with a gain of 13.7 billion a year ago due to a NOK 13.5 billion impairment charge of its Canadian assets. Equity production slipped about 1% to 1,829 mboe/d from 1,852 mboe/d last year. However, the lower production was due in part to divestments and a decision to produce less natural gas given low prices.

These issues more than offset new project startups in the last year. Statoil continues to expect production of about 2% in 2014, adjusting for divestments. Higher depreciation from the new project startups weighed on margins and earnings while operating costs increased largely on one-time items. Positively, Statoil announced divestments totaling $3.5 billion during the quarter, including NCS assets and its stake in Shah Deniz.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

For at se denne artikel registrér dig som Morningstar Basis-medlem

Registrér dig gratis
Facebook Twitter LinkedIn

Om forfatteren

Allen Good  Allen Good is a senior stock analyst covering the oil and gas industries.

© Copyright 2021 Morningstar, Inc. All rights reserved.

Brugervilkår        Fortrolighedspolitik        Cookies