Statoil ASA operates within the Petroleum refining sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Statoil ASA with three other
petroleum refiners in Europe:
sales of 19.26 billion Euro [US$23.37 billion]
of which 76%
was Downstream Oil),
Polski Koncern Naftowy ORLEN Spolka Akcyjna
(79.55 billion Polish New Zlotys [US$23.17 billion]
of which 62%
was Downstream), and
based in Spain
(34.69 billion Euro [US$42.10 billion]
of which 93%
During the year ended December of 2016, sales at
Statoil ASA were NOK 382.74 billion (US$48.05 billion).
decrease of 17.7%
versus 2015, when the company's sales were NOK 465.30 billion.
Contributing to the drop in overall sales was the 88.9% decline
in Other Operations, from NOK 3.10 billion to NOK 343.47 million.
There were also decreases in sales in
Marketing, Processing and Renewable Energy (down 19.2% to NOK 376.00 billion)
Exploration and Production - Internation (down 51.6% to NOK 7.41 billion)