|Bid||12.37 x 46000|
|Ask||12.47 x 27000|
|Day's range||11.58 - 12.53|
|52-week range||8.89 - 15.04|
|Beta (5Y monthly)||1.36|
|PE ratio (TTM)||2.60|
|Forward dividend & yield||6.92 (47.81%)|
|Ex-dividend date||12 Aug 2022|
|1y target est||15.51|
SAO PAULO (Reuters) -Brazil's Petrobras said on Thursday it has begun the process of looking for bidders for its potassium mining rights in the Amazon basin. Interest in potash mines in Brazil is growing as the mineral is a key fertilizer and the Ukraine war has highlighted the country's dependence on imports of the product. Brazil's farm sector relies on imports for 85% of its fertilizer use.
(Bloomberg) -- Petroleo Brasileiro SA reduced diesel prices for the second time in a week as President Jair Bolsonaro tries to ease the sting of inflation ahead of elections. Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsGarland Seeks to Unseal Trump Warrant, Says He Approved SearchChina Has Painted Itself Into a Semiconductor CornerRuto, Odinga Shy of Victory in Latest Vote Counts: Kenya UpdateThe state-r
(Reuters) -An oil and gas industry study commissioned by the campaign of former President Luiz Inacio Lula da Silva for the October elections will recommend bolstering Petrobras' refining capacity, including through the reversal of refinery privatizations, one of the study's authors told Reuters. The study also proposes new investments and the resumption of refinery projects abandoned by Petrobras after the state-run oil company decided to focus on production from its offshore pre-salt fields as it recovered from Brazil’s biggest ever corruption probe, the so-called Car Wash scandal. Among the proposals is the possibility of Petrobras regaining ownership of the RLAM refinery in Bahia, said study co-author William Nozaki, on the Workers Party team advising Lula on Petrobras affairs.