14.26 -0.24 (-1.66%)
Pre-Market: 8:50AM EDT
|Bid||14.26 x 3200|
|Ask||14.40 x 2000|
|Day's Range||13.81 - 14.55|
|52 Week Range||7.61 - 14.93|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A vast corruption investigation in Brazil that has toppled businessmen and lawmakers, haunted two presidencies and captivated the media, debuts as a Netflix series this week, long before anyone can predict how the real-life probe will end. With "The Mechanism," director Jose Padilha, best known for "Narcos" and "Elite Squad", hopes to remind viewers that corruption in his native Brazil is not the fault of any particular politician or party. "Brazil, and even the foreign press, has fallen prey to an ideological battle that doesn't have much to do with the real world," Padilha said in a phone interview.
Bank of America Corp, Itau Unibanco Holding SA and Banco Bradesco SA are arranging financing for a consortium led by Macquarie Group Ltd. so it can bid for Petroleo Brasileiro SA’s natural gas pipeline ...
Brazil's state-controlled oil company Petroleo Brasileiro is reviewing an offer for UFN III and Araucaria fertilizer factories, a company executive said on Tuesday, part of the company's plan to exit the ...
Petroleo Brasileiro (PBR) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
Brazil fuel imports are set to fall from a record as the country’s state-owned oil company bids to regain market share.
Fears of a trade war continued taking their toll on regional stocks, traders said. Earlier in the week, sources told Reuters that U.S. President Donald Trump was seeking to impose tariffs on up to $60 billion of Chinese imports, targeting the technology and telecommunications sectors. Trade fears did not subside after a White House spokesman said on Wednesday the Trump administration was looking to reduce China's trade surplus with the United States by $100 billion.
Brazilian state-controlled oil company Petrobras said Thursday it posted a net loss in the fourth quarter and in 2017 as the state-controlled oil company continues to suffer from the side effects of a ...
Brazilian oil company Petroleo Brasileiro SA (PETR4.SA) posted a deep fourth-quarter loss on Thursday, missing estimates due to a massive payout to shareholders in a class action settlement. Petrobras, as the state-controlled company is known, posted a net loss of 5.48 billion reais ($1.68 billion), according to a securities filing, down from a 2.51 billion real profit during the same period last year. Petrobras shares fell 2 percent in Sao Paulo, as the stock retreated from a more than three-year high last week.
Brazil`s state-owned oil company Petrobras has reported a net loss of R$446m ($136m) for last year compared with a loss of R$14.8bn a year earlier, with the result weighed down by a large shareholder corruption ...
ExxonMobil (XOM) stock is covered by 24 Wall Street analysts. Seven of them (or 29%) have given the stock a “buy” or “strong buy” recommendation. The remaining five (or 21%) have recommended a “sell” or “strong sell.” ExxonMobil’s mean target price of $86 per share implies a 16% gain from the current level.
Brazilian fuel distribution company Petrobras Distribuidora SA forecast on Wednesday a drop in fuel imports this year from 2017 partly due to a more aggressive pricing policy by state-run Petroleo Brasileiro. Speaking on a conference call to discuss quarterly results, Chief Executive Ivan de Sá also cited falling margins for companies that typically import fuel. "The difference between this year and last is that gains from fuel imports are a lot lower," de Sá said, mentioning a more hawkish stance by Petrobras, as the state-run oil company is known, to market its products.
While we believe that Petrobras (PBR) is going to benefit from pricing and output gains, the huge payout relating to corruption charges, along with its massive debt are likely to play a spoilsport.
Executives at Brazil's fuel distribution company Petrobras Distribuidora SA on Wednesday forecast a drop in Brazilian fuel imports this year from 2017. Speaking at conference call to discuss quarterly ...
On Wednesday, Petrobras (NYSE: PBR ) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release. Earnings and Revenue Sell-side analysts ...
In this series, we’ve examined Royal Dutch Shell’s (RDS.A) levers, which are instrumental in achieving its cash flow priorities. Now we’ll examine analysts’ ratings for Shell. Ten of them (91%) have given Shell stock a “buy” or “strong buy” rating.
State-controlled oil firm Petroleo Brasileiro SA will discuss alternatives for its liquefied petroleum gas distribution unit in a board meeting this week, one person with direct knowledge of the matter said. Petrobras, as the Brazilian company is known, had agreed to sell Liquigas Distribuidora SA to Ultrapar Participações SA for 2.8 billion reais ($859 million), but the deal was blocked by antitrust regulator CADE in February. Petrobras has officially said it wants to completely exit the LPG distribution business, but will consider options different than a formal sale process to strategic and financial investors.
Brazil's state-controlled oil company Petróleo Brasileiro SA said on Thursday to start the binding phase in the process to sell 100 percent of subsidiary Petrobras Oil & Gas B.V., according to a securities ...