Business Context and Reporting Period
This Form 6-K filing by Statoil ASA (formerly StatoilHydro ASA) is dated November 2, 2009. The report serves as an announcement of corporate name changes effective as of the filing date. The registrant is a foreign private issuer based in Stavanger, Norway, with securities traded on the Oslo Stock Exchange and the New York Stock Exchange.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a corporate announcement and does not contain financial statements or performance metrics.
Material Changes
- Parent Company Name Change: Effective November 2, 2009, StatoilHydro ASA changed its name to Statoil ASA.
- Subsidiary Name Change: Effective November 2, 2009, the wholly-owned subsidiary StatoilHydro Petroleum AS changed its name to Statoil Petroleum AS.
- Ticker Symbols: The ticker symbols on both the Oslo Stock Exchange and the New York Stock Exchange remain unchanged.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the notification of the name changes and their incorporation by reference into existing registration statements (Form S-8 and Form F-3).
Key Facts for Investor Verification
- Verify that the new legal name "Statoil ASA" is reflected in subsequent filings and trading platforms.
- Confirm that the subsidiary "Statoil Petroleum AS" is correctly identified in future operational reports.
- Ensure that existing ticker symbols remain active and unchanged despite the name rebranding.
- Note that this filing incorporates by reference into the Company's Form S-8 and Form F-3 registration statements.