Statoil Posts Upbeat Q3 Profit
October 30, 2013 at 06:33 AM EDT
Statoil ASA (NYSE: STO ) reported an upbeat third-quarter net profit. Statoil's quarterly net profit came in at 14.3 billion Norwegian kroner ($2.4 billion), versus a year-ago profit of NOK14.39 billion. However, analysts were expecting a profit of NOK11.67 billion. Its adjusted earnings before interest and taxes rose 1% to
