|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||14.04 - 14.27|
|52-week range||7.61 - 14.93|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||13.47|
Higher oil prices supported Q4 numbers of Petrobras (PBR). Also, the company reported the lowest debt over the last six years.
Brazilian state-controlled oil company Petrobras said Thursday it posted a net loss in the fourth quarter and in 2017 as the state-controlled oil company continues to suffer from the side effects of a ...
Brazilian oil company Petroleo Brasileiro SA (PETR4.SA) posted a deep fourth-quarter loss on Thursday, missing estimates due to a massive payout to shareholders in a class action settlement. Petrobras, as the state-controlled company is known, posted a net loss of 5.48 billion reais ($1.68 billion), according to a securities filing, down from a 2.51 billion real profit during the same period last year. Petrobras shares fell 2 percent in Sao Paulo, as the stock retreated from a more than three-year high last week.
ExxonMobil (XOM) stock is covered by 24 Wall Street analysts. Seven of them (or 29%) have given the stock a “buy” or “strong buy” recommendation. The remaining five (or 21%) have recommended a “sell” or “strong sell.” ExxonMobil’s mean target price of $86 per share implies a 16% gain from the current level.
While we believe that Petrobras (PBR) is going to benefit from pricing and output gains, the huge payout relating to corruption charges, along with its massive debt are likely to play a spoilsport.
In this series, we’ve examined Royal Dutch Shell’s (RDS.A) levers, which are instrumental in achieving its cash flow priorities. Now we’ll examine analysts’ ratings for Shell. Ten of them (91%) have given Shell stock a “buy” or “strong buy” rating.
Petrobras' (PBR) committed efforts to improve its liquidity and operational efficiency, along with its ambitious five-year plans make us optimistic about the stock.
The ethics watchdog for Norway's $1-trillion sovereign wealth may blacklist more companies that produce too much greenhouse gas by scrutinising more industry sectors, including shipping and power. Carbon emissions became a criteria for exclusion from the fund in 2016 and last year the watchdog recommended that "a small handful" of firms be excluded from the fund for producing too much greenhouse gas emissions in either the oil, cement and steel industries. Johan H. Andresen, chair of the fund's publicly appointed Council on Ethics, said the watchdog would look at more firms in the energy, steel and concrete industries and add more sectors, including shipping and power producers.
The ethics watchdog for Norway's $1-trillion sovereign wealth may blacklist more companies that produce too much greenhouse gas by scrutinizing more industry sectors, including shipping and power. Carbon emissions became a criteria for exclusion from the fund in 2016 and last year the watchdog recommended that "a small handful" of firms be excluded from the fund for producing too much greenhouse gas emissions in either the oil, cement and steel industries. Johan H. Andresen, chair of the fund's publicly appointed Council on Ethics, said the watchdog would look at more firms in the energy, steel and concrete industries and add more sectors, including shipping and power producers.
SAO PAULO (AP) — A former chief executive officer of state oil company Petrobras was sentenced to 11 years in prison Wednesday as part of sprawling corruption investigation that has ensnared many of Brazil's top business and political leaders.
Blackstone Group LP, EIG Global Energy Partners and Macquarie Group Ltd., all working with large institutional investors, descended on Brazil last year seeking what could be a repeat of a lucrative deal ...
Goldman Sachs Group Inc is arranging financing for Mubadala Development and EIG Global Energy Partners ahead of a bid for Petroleo Brasileiro SA’s natural gas pipeline network in northeastern Brazil, said ...
A 'hundred pound weakling' will take over Brazil next year. The country's new president is not expected to be much better than this one.
A U.S. federal court preliminarily approved on Wednesday the terms of a $3 billion class action settlement Brazilian state oil company Petroleo Brasileiro SA reached with U.S. shareholders in January, the firm said in a Thursday securities filing. In early January, Petrobras, as the company is known, agreed to pay $2.95 billion to U.S. shareholders due to corruption-related losses, in what was said to be the biggest such payout in the United States by a foreign entity.
Former world champions McLaren have agreed a long-term partnership with Brazilian state oil company Petrobras, the Formula One team announced on Tuesday. Petrobras most recently sponsored the Williams team, leaving at the end of 2016. McLaren were the team that provided the late Brazilian Ayrton Senna with his three world championships in 1988, 1990 and 1991.
Brazilian state-controlled oil company Petroleo Brasileiro SA has set a late-March deadline to receive binding proposals for a controlling stake in gas pipeline network Transportadora Associada de Gás (TAG), three people with knowledge of the matter said. Consortia led by Australia's Macquarie Group Ltd, French utility Engie SA and United Arab Emirates' sovereign wealth fund Mubadala Development Co are preparing their offers, the sources added, asking for anonymity because talks are private. The consortia are in talks with banks to discuss financing, the sources added, saying that consortia bids may be north of $7 billion, which would make TAG one of the largest divestments by Petrobras, as the state-controlled company is known.