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Statoil ASA Message Board

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  • prabbit51 prabbit51 Jan 7, 2007 5:35 PM Flag

    Buy more?

    Statoil has gotten some good write-ups lately.
    I like dividend paying stocks.
    Shares are "cheap" right now (on sale!)
    STO is and has been buying back shares. (you can easily
    see how many shares on their web site)Unlike many other
    companies that just "annouce" a buy back.

    Merger with Norsk Hydro's gas/oil exploration looks to be
    be a great move.

    Lastly, this "drop" in oil prices won't last much longer,
    spring is on the way, more driving, we americans will be
    getting lulled back into our gas guzzling mode. China and
    India are hungry for oil too.

16.52+0.02(+0.12%)Oct 21 4:02 PMEDT