Norway's Statoil Reports Another Quarterly Loss

摘要

Norway's Statoil provided a grim start to the third-quarter earnings season on Thursday by posting a second successive quarterly loss, as weak oil and gas prices, extensive maintenance and two costly US Gulf of Mexico wells chipped away at the bottom line. Statoil, the first of the Western majors to report its third-quarter numbers, posted an adjusted loss of $261 million, widened from a $28 million loss in the second quarter and compared to a profit of $445 million a year earlier.