May 24
Norway has become an “oil” nation due to the export of crude oil. Norway is now one of the largest exporters of oil in the world. Hence StatoilHydro is one of the top Norway ADR stock.StatoilHydro is a new company created after Norsk Hydro merged with Statoil a few years ago. Norsk Hydro stock had a fantastic run before the merger and even now the stock is doing well.
The following is a list of Norway ADR stocks:
| S.No. | Company | Ticker | Beta | Value of $10K invested 5 years ago(as of May) | Sector |
|---|---|---|---|---|---|
| 1 | Acergy SA | ACGY | 2.80 | $142,306 | Oil equipment & Service |
| 2 | StatoilHydro ASA * | STO | 1.31 | $58,999 | Oil & Gas Producer |
| 3 | Petroleum-Geo Services | PGSVY | 1.49 | N/A | Oil equipment & Service |
| 4 | Telenor * | TELNY | 0.34 | $54,411 | Mobile Telecom |
| 5 | Tomra Systems | TMRAY | N/A | N/A | Industrial Engineering |
| 6 | Yara International | YARIY | N/A | N/A | Chemicals-Fertilizers |
* StatoilHydro and Telenor are in this year’s Business Week’s “Euro BW 50” list.
[tags]norway adrs,investing,adrs,yariy[/tags]
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