Brazil’s state-run oil company Petroleo Brasileiro SA settled four lawsuits brought by investors including Pacific Investment Management Co. after the nation’s biggest-ever corruption case torpedoed the ...
- Reuters•2 days ago
Brazil's state-run oil company Petrobras said on Friday its board approved settlements for four lawsuits sought by investors in New York federal court and it currently estimates a provision of $353 million to cover the costs. Petrobras said the settlements include lawsuits led by Allianz SE's Pimco Total Return Fund, Dodge & Cox International Stock Fund, Janus Overseas Fund and Al Shams Investments. Investors are suing Petrobras in New York accusing it of covering up a sweeping graft scheme and publishing misleading accounts.
- Bloomberg•2 days ago
Petroleo Brasileiro SA was rewarded with its first rating upgrade in five years after it stepped up efforts to unload assets and began implementing a new fuel price policy.
Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||12.21 x 10000|
|Ask||12.22 x 6200|
|Day's Range||11.88 - 12.19|
|52wk Range||2.71 - 12.19|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-6.12|
|Avg Vol (3m)||22,938,093|
|Dividend & Yield||0.00 (0.00%)|