Norway’s Statoil Changed its Name to Equinor

Norwegian oil giant has changed its name from Statoil to Equinor. Statoil used to trade under the ticket STO on the NYSE. Since May 16, 2018 the ticker was updated to EQNR. The company instituted this change in order to get rid of oil from its old name to meet current trends towards renewable energy …

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The Ten Most Traded Norwegian Stocks

The ten most traded Norwegian stocks on the Oslo Stock Exchange in April are listed below. If the company is traded in the U.S. markets the ticker and current dividend yield is also shown. 1. Statoil (STO) Current Dividend Yield: 5.09% 2. Yara International (OTC: YARIY) Current Dividend Yield: 2.32% 3. Seadrill (SDRL) Current Dividend …

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Norway: Attractive Investment Destination

Among the Nordic countries, Norway’s economy is strong and is well positioned for an economic recovery. In fact, Norway is one of the favorite investment destinations among European countries. The Norwegian economy was able withstand the current economic crisis better than most other European countries since Norway’s financial institutions did not invest in risky sub-prime …

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