Norway ADRs!!


There are a few ADRs from Norway that trade in the US markets.

The following are some of them:

1.StatoilHydro ASA – STO
STO was created by the merger of Statoil & Norsk Hydro a few years back. STO has yield of 2.28% and 2.1B shares outstanding with a market of $62B. PE ratio is about 8.21. In the past 52 weeks the stock was up 13%.S&P; has a 5 star rating on STO.

2. Yara International – YARIY
This stock has a yield of 0.72%. It is up over 151% since 2007 due to the explosive growth in the Agriculture/Fertilizer sector.

3. Acergy – ACGY
ACGY has market cap of $4B and a yield of about 0.96%.

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