4. As of noon trading, Statoil ASA ( STO) is down $0.13 (-0.5%) to $24.08 on light volume Thus far, 347,613 shares of Statoil ASA exchanged hands as compared to its average daily volume of 934,500 shares. The stock has ranged in price between $23.97-$24.09 after having opened the day at $24.04 as compared to the previous trading day's close of $24.21.

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. Statoil ASA has a market cap of $76.9 billion and is part of the energy industry. The company has a P/E ratio of 8.0, below the S&P 500 P/E ratio of 17.7. Shares are down 5.8% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Statoil ASA a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Statoil ASA as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Statoil ASA Ratings Report now.

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