|Day's Range||8.810 - 9.250|
|52 Week Range||5.450 - 12.560|
|PE Ratio (TTM)||-20.19|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Shares of Brazil's indebted oil producer Petroleo Brasileiro or Petrobras (PBR) do not reflect long-term growth prospects, and could reach $16 per share. The state-controlled company is bogged down in Brazil's political scandal and what the ouster of President Michel Temer, or other turmoil, might mean for Petrobras' aggressive plan to sell assets to reduce debt.
Petróleo Brasileiro SA does not have the means to bid for all eight pre-salt exploration areas as well as the 14th round of oil rights auctions, Chief Executive Pedro Parente said on Thursday. Petrobras, ...
The May 15 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks increased.