Is Statoil publicly traded?

As of 2017, the Government of Norway is the largest shareholder with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy….Equinor.

Is EQNR a good buy?

EQNR is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with a P/E ratio of 8.77, which compares to its industry’s average of 10.40. Within the past year, EQNR’s PEG has been as high as 5.03 and as low as 0.18, with a median of 2.20.

Is Equinor overvalued?

PB vs Industry: EQNR is overvalued based on its PB Ratio (1.9x) compared to the NO Oil and Gas industry average (1x)….Price to Book Ratio.

What is Statoil called now?

Equinor
Looking towards the next 50 years, reflecting on the global energy transition and how we are developing as a broad energy company, it has become natural to change our name. The name Equinor captures our heritage and values, and what we aim to be in the future,” says former Statoil’s President and CEO Eldar Sætre.

Who is the CEO of Equinor?

Anders Opedal (Nov 2, 2020–)
Equinor/CEO
Equinor consists of business areas, staffs and support divisions. The CEO is responsible for day-to-day operations, and presents proposals for strategy, goals, actions and financial statements, as well as important investments. Anders Opedal is our president and CEO.

Is Equinor a Statoil?

Founded in 1972 under the name Den Norske Stats Oljeselskap AS—Statoil (the Norwegian State Oil company), we changed our name to Equinor in 2018. Our headquarters are in Stavanger, Norway, and we have over 21,000 employees.

Is Equinor ASA a buy?

Equinor ASA has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 10 buy ratings, 10 hold ratings, and no sell ratings.

Is Statoil now Equinor?

On May 15, 2018, we changed our name from Statoil to Equinor. Our name change supports our strategy as a broad energy company. We changed our name from Statoil to Equinor on May 15.

What is corporate executive committee?

The Chief Executive Officer is responsible for day-to-day operations, and presents proposals for strategy, goals, actions and financial statements, as well as important investments, to the Corporate Executive Committee. Here are its members.

Does Norway own its oil?

The Norwegian government established its own oil company, Statoil, which was raised that year, and awarded drilling and production rights to Norsk Hydro and the Saga Petroleum.

Why did Statoil change its name?

Norwegian multinational energy company Statoil has changed its name to Equinor to support “the company’s strategy and development as a broad energy company”.

Who is the CEO of Shell?

Ben van Beurden (Jan 1, 2014–)
Royal Dutch Shell/CEO
The Royal Dutch Shell plc Executive Committee, led by CEO Ben van Beurden, is responsible for running Shell’s businesses and delivering on its corporate strategy.

What is the face value of Statoil ASA shares?

The Annual General Meeting in Statoil ASA on 11 May 2016 authorised the board of directors to acquire own shares in the market. The authorisation applies to the acquisition with a face value of up to NOK 187,500,000, at a price of between NOK 50 and NOK 500 per share.

Who are the owners of Statoil Fuel stations?

The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro. Statoil was the largest petroleum company in the Nordic countries. While Statoil was listed on both the Oslo Stock Exchange and the New York Stock Exchange, the Norwegian state still held majority ownership, with 64%.

What did Statoil do with their dividend in 2017?

The scrip dividend programme offered shareholders the option to receive all or part of the quarterly dividends in cash or in newly issued shares in Statoil. The scrip dividend programme covered all distributions of dividend up to and including the third quarter of 2017.

Where is the headquarters of Statoil in Norway?

In the 2013 Fortune 500, Statoil was ranked as the 39th -largest company in the world. While Statoil was listed on both the Oslo Stock Exchange and the New York Stock Exchange, the Norwegian state still held majority ownership, with 64%. The company’s headquarters are located in Norway’s oil capital Stavanger.