It swung on the Oslo Stock Exchange on Thursday. The benchmark index was at the lowest level dropped to 640.69, and was a moment also in the black. The closing price sounds however 645.41 down 0.16 percent.
The return so far this year is thus at 12.0 percent, while the downturn in the past month is 1.0 percent.
The turnover ended at not too impressive 3.9 billion.
Oil prices pull down
Brent oil traded in the afternoon for $ 61.89 a barrel, down 0 , 3 percent. The price is thus around half a dollar lower than at lunchtime.
The cost of the US WTI oil was down 0.7 percent to $ 57.14 a barrel.
In comparison, a barrel North Sea oil traded at $ 62.96 at the close of trading on Wednesday.
Statoil ended down 0.6 percent to 145.80 kroner.
Seadrill-peel
John Fredriksen’s Seadrill layer until the first quarterly Thursday morning, which exceeded analysts’ expectations.
The company reported a net income of $ 448 million in Q1 2015 against 3.094 million in the same period last year . According to Reuters it was in advance expecting a profit after tax of $ 330 million.
It was primarily weak outlook that sent the stock down 6.5 percent to 95.15 kroner.
Seadrill topped sales section with 655 million kroner. The stock has fallen 55 percent over the past year, but can show up 10 percent so far this year.
More Fredriksen
Also Fredriksens Golden Ocean laa reveal figures Thursday. Bulk shipping company presented searing loss, and the stock ended down 3.2 percent to 32.81 dollars.
Tanker shipping company Frontline fell 2.1 percent to 23.30 kroner. There are reports of three VLCC fixtures from the Persian Gulf Thursday. The rates remain in the layer from yesterday, Reuters reported.
But Fredriksens aquaculture company Marine Harvest excellent positively. The closing price sounds at 89.75 dollars, up 2.2 percent.
Results
earnings season is nearing its end, but still ticking it in some numbers. You can see all here.
Sevan Drilling rose 25 percent to 0.65 dollars after the company reported that they got rid of the red numbers in the first three months.
Record production
DNO writes in a message that the company has reached a new record for daily production at Tawke field of 170,000 boe per day.
The company reports that it achieved a average price of 40 dollars a barrel in the local oil market, prepayment and revenue split 50/50 with the local Kurdish government (KRG).
The stock ended down 2.2 percent to 10.91 dollars.
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