Everything you are saying about this stock is true and then some. I bought in to it because they bought one of my favorites, Brigham Exploration, a good Bakken North Dakota oil field stock. My problem is that it doesn't go up [and down] enough to make any money. I sold some, not all, but have hope of buying some real cheap if the euro goes down although they are not connected with the euro
They need to pay a quarterly dividend and reduce the withholding tax to zero. I sold out of my position because Shell offers a better situation. I admire Statoil's accomplishments but you have to see some return.