- Insider Monkey•11 hours ago
Although the big catalyst event everyone is waiting for will occur next week, many meaningful events occurred this week in the energy sector and crude was very volatile as a result. In this article, we will review the major events surrounding Exxon Mobil Corporation (NYSE:XOM), Schlumberger Limited. (NYSE:SLB), Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR), SM Energy […]
- Barrons.com•21 hours ago
Emerging Markets As a mob of foreign officials descended on Manhattan last week for United Nations meetings, Barron’s met with Brazilian government representatives courting institutional investors at an Upper East Side hotel. The pitch: a grand new infrastructure investing plan designed to jump-start private investment as Brazil’s economy emerges from recession. The newly installed government knows that Brazil infrastructure is a tough sell to outside investors, given the massive investigation into payoffs and rigged bids at state-controlled oil producer Petróleo Brasileiro, or Petrobras (PBR), which is still making headlines.
Brazil's state-owned oil producer Petrobras agreed to sell 90 percent of a natural gas pipeline unit to a group led by Canada's Brookfield Asset Management Inc for $5.2 billion, the companies said Friday. The move is part of an asset-sale program at financially troubled Petroleo Brasileiro SA, as Petrobras is formally known, designed to reduce the company's $125 billion of debt, the largest in the global oil industry. The Brookfield-led consortium agreed to pay $4.34 billion for Nova Transportadora do Sul SA, or NTS, when the deal closes and $850 million in five years, according to Brookfield and Petrobras.
Petróleo Brasileiro S.A. - Petrobras (PBR-A)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||8.30 x 1000|
|Ask||9.08 x 100|
|Day's Range||8.31 - 8.62|
|52wk Range||1.99 - 8.91|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-4.35|
|Avg Vol (3m)||11,739,935|
|Dividend & Yield||N/A (N/A)|