Statoil ASA will maintain dividend payments this year, betting it can ride out a slump in crude prices by deepening investment cuts and adding debt, analysts predict.
Norway’s biggest oil company, which will present an update of its strategy along with fourth-quarter earnings on Feb. 4, will pay about 7.2 kroner a share in 2016, the same as in 2015, according to the median of a Bloomberg survey of 35 analysts. Statoil declares dividends in dollars as of the third quarter, while the estimates were provided in kroner. Bloomberg’s dividend forecast in dollars is also for an unchanged 88 cents this year.
Brazil Energy Insight 
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