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Fly News Breaks for May 25, 2017
STO
May 25, 2017 | 08:48 EDT
As noted earlier, BMO Capital upgraded Statoil to Outperform from Market Perform. Analyst Brendan Warn says that the company's production can grow at a 2%-4% CAGR between 2020 and 2025, while it can organically cover its dividend in 2018 if oil prices stay between $50 and $55.
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