|Bid||9.720 x 27000|
|Ask||9.730 x 1800|
|Day's Range||9.650 - 9.935|
|52 Week Range||7.550 - 14.980|
|PE Ratio (TTM)||20.26|
|Forward Dividend & Yield||0.05 (0.59%)|
|1y Target Est||12.20|
Shareholders in Brazilian state oil company Petroleo Brasileiro SA (PETR4.SA) will have their demands for compensation over corruption at the company heard in the Netherlands, a Dutch court ruled on Wednesday. The district court in Rotterdam said a preliminary hearing of the case against Petrobras, as the company is known, will be held on Dec. 18. It will look into demands by shareholders for compensation for losses due to a long-running corruption scandal at the company, which has numerous subsidiaries headquartered in the Netherlands.
Brazil's Petroleo Brasileiro denies allegations against it made by Dutch investors and will continue to defend its interests in the case, the state-controlled oil company said in a filing on Wednesday. ...
Enbridge (ENB) consolidates all its sponsored vehicles under a single roof, which is likely to reduce the complexity of the organizational structure and financial reporting.
Brazil could face a diesel shortage at the end of 2018 as a result of the government's mispriced subsidy program which has discouraged suppliers, and the state-controlled oil company Petroleo Brasileiro SA may be forced to sell diesel at a loss, broker INTL FCStone said on Tuesday. Brazil's oil industry regulator ANP said it approved the payment of 871.5 million reais to Petrobras on Tuesday to compensate for the diesel subsidy.
Brazil's benchmark Bovespa index rose more than 1 percent on Tuesday, rallying for a second straight day largely on the back of a spike in commodities prices. Two of Bovespa's most heavily-weighted equities, miner Vale and oil giant Petroleo Brasileiro SA, commonly known as Petrobras, benefited from rising commodity prices worldwide amid escalating China-U.S. trade tensions and signals OPEC is not prepared to raise output prices to address shrinking supplies from Iran. Both stocks were up more than 2 percent in late morning trade, accounting for well over half of the Bovespa's rise.
Between September 7 and 14, integrated energy stock Petrobras (PBR) fell the most on our list of energy stocks, which also included the following: SPDR S&P Oil & Gas Exploration & Production ETF (XOP) Energy Select Sector SPDR ETF (XLE) Alerian MLP ETF (AMLP) VanEck Vectors Oil Services ETF (OIH)
Brazil's benchmark Bovespa equities index rose more than 1 percent in morning trade on Monday as the expiry of options contracts and moves among some heavily weighed stocks offset concerns about the outcome ...
Argentine investors in Brazilian state-run oil company Petroleo Brasileiro SA have initiated an arbitration proceeding against the firm for losses related to Brazil's sprawling Lava Jato corruption probe, ...
Oil prices are once again trending upward as the Iran sanctions loom and geopolitical tensions rise around the globe – increasing the likelihood of outages
ExxonMobil (XOM) stock is covered by 20 Wall Street analysts, six (or 30%) of whom have assigned “buy” or “strong buy” ratings to the stock. However, 11 analysts (or 55%), representing the majority, have assigned “hold” ratings to the stock.
Executives at Brazil's Petróleo Brasileiro SA said on Monday they have hosted meetings with economic advisors to presidential candidates ahead of wide-open elections next month, and could adopt a diesel ...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Brazilian state-controlled oil company Petróleo Brasileiro SA on Monday cut its 2018 net debt target to $69 billion from $85 billion in 2017, according to a presentation to investors. Petrobras, as the ...
Short interest (percentage of outstanding shares) in Chevron (CVX) has fallen 0.1% since July 2 to the current level of 0.9%. That usually signifies that the bearish sentiment in the stock has decreased. During the same period, CVX stock has fallen 4.3%.
On August 31, Vale SA (VALE) had returned 7.9% year-to-date. Lately, Brazilian stocks are being pressured due to economic and political issues facing the country. The Brazilian real has been under tremendous pressure against the US dollar, which led to a widespread sell-off. The iShares MSCI Brazil ETF (EWZ) has lost ~20.0% so far this year in light of these concerns.
SBM Offshore has reached a settlement to pay additional leniency fines of 200 million reais to Brazil's state oil company Petroleo Brasileiro SA, Brazilian prosecutors said on Wednesday. As a result of ...
Eight Wall Street analysts cover Royal Dutch Shell (RDS.A). Of these, seven (or 88%) analysts recommended Shell stock as a “buy” or “strong buy.” Shell’s mean target price of $81.00 per share implies a 22.0% gain from the current level.
The fifth round of the auction is the last opportunity to oil companies to secure a stake in Brazil's coveted pre-salt areas.