- Reuters•4 hours ago
Brazil's federal auditing court (TCU) asked state-controlled oil company Petrobras on Wednesday to temporarily suspend its divestiture program while the court reviews asset sales procedures. The decision could delay Petrobras efforts to raise $15.1 billion from asset sales by the end of 2016 as a way to reduce its huge debt -- the largest in the global oil industry. TCU's decision follows recommendations from its experts about procedures used by Petroleo Brasileiro SA, as the company is formally known, on the asset sales.
- Reuters•6 hours ago
Brazil's federal audit court has issued an injunction against new asset sales by state-run oil company Petroleo Brasileiro SA, or Petrobras, while the court reviews its divestment procedures, according ...
- Barrons.com•9 hours ago
Shares of Argentina's oil-and-gas producer YPF (YPF) are up a mere 3% in 2016 despite prospects for its shale projects. YPF's leading position in the Vaca Muerta play, is a lookalike to the Eagle Ford shale play in the United States and the only large-scale liquids-rich shale play outside North America, write Raymond James analysts Pavel Molchanov and Luana Siegfried.
PBR-A : Summary for Petroleo Brasileiro S.A.- Petro - Yahoo Finance
Petróleo Brasileiro S.A. - Petrobras (PBR-A)
NYSE - NYSE Real Time Price. Currency in USD
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|Bid||8.71 x 500|
|Ask||11.88 x 100|
|Day's Range||9.22 - 9.44|
|52 Week Range||1.99 - 11.77|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-3.80|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|