Current STO Stock Info

No oil and gas companies were in attendance for Major League Baseball’s winter meetings (baseball’s equivalent of Christmas with its free agent signings, discussions, swaps and trades), but two industry giants independently agreed to a swap of their own on December 11, 2015.

Norway’s Statoil (ticker: STO) and Spain’s Repsol (ticker: REPYY) will trade acreage positions in a non-cash, straightforward exchange. Much of the swaps on Repsol’s side stem from its $13 billion acquisition of Talisman Energy last year. Repsol’s global footprint spanne...

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