Eldar Saetre - Statoil ASA CEO and Pres
CEO
Mr. Eldar Saetre was President and Chief Executive Officer of Statoil ASA since February 4, 2015. He was Acting President and Chief Executive Officer of the Company from October 15, 2014 until February 4, 2015. He served as Executive Vice President for Marketing, Midstream and Processing from January 2011 until October 15, 2014. Prior to this, he was Executive Vice President and Chief Financial Officer of the Company from October 2003 until December 2010. He joined the Company in 1980 since 2015.
| Age | 61 |
| Tenure | 9 years |
| Phone | 47 51 99 00 00 |
| Web | http://www.statoil.com |
Statoil ASA Management Efficiency
The company has Return on Asset of 6.97 % which means that on every $100 spent on assets, it made $6.97 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 12.26 %, implying that it generated $12.26 on every 100 dollars invested. Statoil ASA's management efficiency ratios could be used to measure how well Statoil ASA manages its routine affairs as well as how well it operates its assets and liabilities.The company has 28.27 B in debt with debt to equity (D/E) ratio of 70.8, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Statoil ASA has a current ratio of 1.4, which is typical for the industry and considered as normal. Debt can assist Statoil ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Statoil ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Statoil ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Statoil to invest in growth at high rates of return. When we think about Statoil ASA's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 12.26 | |||
| Return On Asset | 6.97 |
Statoil ASA Leadership Team
Elected by the shareholders, the Statoil ASA's board of directors comprises two types of representatives: Statoil ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Statoil. The board's role is to monitor Statoil ASA's management team and ensure that shareholders' interests are well served. Statoil ASA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Statoil ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Per Labraten, Director, Employee Representative | ||
| Hans Hegge, CFO, Executive Vice President | ||
| Arne Nylund, Executive Vice President for Development and Production Norway | ||
| Anders Opedal, COO, Executive Vice President | ||
| John Knight, Executive VP of Global Strategy and Bus. Devel. | ||
| Irene Rummelhoff, Executive Vice President of New Energy Solutions (NES) | ||
| Jon Reinhardsen, Chairman of the Board | ||
| Oystein Loseth, Director | ||
| Jakub Podsiadlo, Member of the Supervisory Board | ||
| Maria TsachouridisKozien, Chief Accounting Officer | ||
| Sylwia Puczynska, Member of the Supervisory Board | ||
| Pawel Krycki, Member of the Supervisory Board | ||
| Maria Oudeman, Director | ||
| Jakob Stausholm, Independent Director | ||
| Torgrim Reitan, CFO and Executive VP | ||
| Peter Hutton, Senior Vice President | ||
| Stig Laegreid, Director, Employee Representative | ||
| Danuta Golec, Member of the Supervisory Board | ||
| Bjorn Godal, Independent Director | ||
| LillHeidi Bakkerud, Director, Employee Representative | ||
| Jeroen Veer, Director | ||
| Jannicke Nilsson, COO, Executive Vice President | ||
| Ingrid Valerio, Director, Employee Representative | ||
| Timothy Dodson, Executive VP of Exploration | ||
| Marek Nowicki, Vice Chairman of the Management Board | ||
| Marcin Ostrowski, Member of the Supervisory Board | ||
| Krzysztof Maslowski, Member of the Supervisory Board | ||
| Pawel Wieliczko, Chairman of the Management Board | ||
| Margareth Ovrum, Executive Vice President Technology, Projects and Drilling | ||
| Roy Franklin, Deputy Chairman of the Board | ||
| Eldar Saetre, CEO and Pres | ||
| Wenche Agerup, Director | ||
| Damian Puczynski, Chairman of the Management Board | ||
| Jens Okland, Executive Vice President of Marketing, Midstream & Processing (MMP) | ||
| Rebekka Herlofsen, Director | ||
| Tomasz Psonka, Member of the Supervisory Board | ||
| Justyna Kosmala, Member of the Supervisory Board | ||
| Lars Bacher, Executive VP of Devel. and Production International | ||
| Al Cook, Executive Vice President Global Strategy and Business Development (GSB) | ||
| Adam Jelen, Member of the Supervisory Board | ||
| Per Labrathen, Director, Employee Representative |
Statoil Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Statoil ASA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 12.26 | |||
| Return On Asset | 6.97 | |||
| Profit Margin | 7.53 % | |||
| Operating Margin | 19.72 % | |||
| Current Valuation | 99.92 B | |||
| Shares Outstanding | 3.28 B | |||
| Shares Owned By Institutions | 5.16 % | |||
| Number Of Shares Shorted | 5.24 M | |||
| Price To Earning | 19.39 X | |||
| Price To Book | 2.25 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Statoil ASA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Statoil ASA's short interest history, or implied volatility extrapolated from Statoil ASA options trading.
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Other Consideration for investing in Statoil Stock
If you are still planning to invest in Statoil ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Statoil ASA's history and understand the potential risks before investing.
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