Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Statoil ASA (NYSE: STO) is tomorrow, May 17, 2013. Owners of shares as of market close today will be eligible for a dividend of 87 cents per share. At a price of $23.34 as of 10 a.m. ET, the dividend yield is 3.7%. The average volume for Statoil ASA has been 1.9 million shares per day over the past 30 days. Statoil ASA has a market cap of $75.99 billion and is part of the basic materials sector and energy industry. Shares are down 6.2% year to date as of the close of trading on Wednesday. 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 7.9, below the S&P 500 P/E ratio of 17.7.
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