Statoil reported its Q4 15 results with adjusted earnings at NOK1.6bn vs. NOK3bn expected. Impairment charges in Q4 15 were NOK15.2bn. For the full year, the adjusted earnings are NOK19.5bn, down from NOK39.1bn a year ago (-50%). +*1)On a divisional basis:*+ Adjusted EBIT came down 44% yoy to NOK15.2bn *Q4 FIGURES* p=. !0table.JPG! p>. _Source: Statoil / AlphaValue_ 1) E&P Norway reported EBIT down 29% yoy to NOK 17.1bn, leading the annual 2015 EBIT to NOK69.4bn, down 34% vs. 2014. Pro
11 Feb 2016
Prepared for long-term low oil prices
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Prepared for long-term low oil prices
Statoil reported its Q4 15 results with adjusted earnings at NOK1.6bn vs. NOK3bn expected. Impairment charges in Q4 15 were NOK15.2bn. For the full year, the adjusted earnings are NOK19.5bn, down from NOK39.1bn a year ago (-50%). +*1)On a divisional basis:*+ Adjusted EBIT came down 44% yoy to NOK15.2bn *Q4 FIGURES* p=. !0table.JPG! p>. _Source: Statoil / AlphaValue_ 1) E&P Norway reported EBIT down 29% yoy to NOK 17.1bn, leading the annual 2015 EBIT to NOK69.4bn, down 34% vs. 2014. Pro