Statoil ASA
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Statoil ASA beat expectations on revenues and earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share increased significantly.
Margins expanded across the board.
Revenue details
Statoil ASA logged revenue of $30.64 billion. The eight analysts polled by S&P Capital IQ foresaw sales of $28.56 billion. GAAP sales were 25% higher than the prior-year quarter's $24.58 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Non-GAAP EPS came in at $0.79. The two earnings estimates compiled by S&P Capital IQ predicted $0.74 per share on the same basis. GAAP EPS of $1.34 for Q4 were 163% higher than the prior-year quarter's $0.51 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 45.1%, 210 basis points better than the prior-year quarter. Operating margin was 33.2%, 540 basis points better than the prior-year quarter. Net margin was 14.0%, 730 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $29.53 billion. On the bottom line, the average EPS estimate is $0.72.
Next year's average estimate for revenue is $115.36 billion. The average EPS estimate is $2.93.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,101 members out of 1,126 rating the stock outperform, and 25 members rating it underperform. Among 316 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 314 give Statoil ASA a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Statoil ASA is hold, with an average price target of $26.55.
Is Statoil ASA the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Statoil ASA to My Watchlist.