- Barrons.com•13 hours ago
Is it possible that the rout in global oil prices may finally profit Petrobras (PBR)? Brazil’s state-run oil giant and the government are negotiating mandatory changes to a 2010 contract to exploit up to 5 billion barrels of offshore oil and gas in the in the so-called Transfer of Rights Areas in the nation's Santos Basin south of Rio de Janeiro. The deal calls for the value of those 5 billion barrels to be revised in five years, and talks have been ongoing since 2015.
- Reuters•13 hours ago
Brazil's state-run oil company Petrobras will start extended well tests in its massive Libra field in 2017, re-injecting large amounts of gas to produce the oil, head of the project Fernando Borges said on Thursday.
Petróleo Brasileiro S.A. - Petrobras (PBR)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||12.07 x 3400|
|Ask||12.11 x 900|
|Day's Range||12.01 - 12.42|
|52wk Range||2.71 - 12.56|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-5.96|
|Avg Vol (3m)||23,491,364|
|Dividend & Yield||0.00 (0.00%)|