NEW YORK ( TheStreet) -- The ex-dividend date for Statoil ASA (NYSE: STO) is tomorrow, May 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 95 cents per share. At a price of $25.04 as of 9:30 a.m. ET, the dividend yield is 3.8%. The average volume for Statoil ASA has been 1.5 million shares per day over the past 30 days. Statoil ASA has a market cap of $80.45 billion and is part of the basic materials sector and energy industry. Shares are down 1.9% year to date as of the close of trading on Tuesday. Statoil ASA, an integrated energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. The company has a P/E ratio of 8.4, above the average energy industry P/E ratio of 5.9 and below the S&P 500 P/E ratio of 17.7.
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