|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||10.34 - 10.49|
|52 Week Range||7.61 - 12.56|
|PE Ratio (TTM)||-24.53|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||11.11|
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Chevron, Cheniere Energy Partners, Petrobras and Tullow Oil
International oil-producing giants Petroleo Brasileiro (PBR) and Chevron (CVX) may have gone as far as they can go in with middling prices for crude. Petrobras shares were up 0.2% in recent trading along with a 0.7% rise in oil prices to a recent $58.28 per barrel for the international Brent benchmark. Chevron shares were down 0.7%.
Açu, a port operated by one of the firm’s portfolio companies, should benefit as the nation’s energy sector recovers.
The iShares MSCI Emerging Markets exchange-traded fund (EEM) and the Vanguard FTSE Emerging Markets ETF (VWO) each slipped 0.5%. Canada and Mexico plan to reject U.S. Nafta proposals but will keep negotiating, sources told CNBC. McKinsey said it will suspend all work with South African state-owned companies as the result of an investigation, and apologized for "several errors of judgement" in working with Trillian Capital, a company linked to a corruption investigation tied to the wealthy South African Gupta family, the Financial Times reports.
The implied volatility of XOM stock has fallen from 14.5% on July 3, 2017, to 12.7%. During the same period, ExxonMobil stock has risen 0.4%.
Oil prices jumped upwards on Friday as Trump announced his decision to decertify the Iran nuclear deal while Iraqi and Kurdish military units mobilized near Kirkuk
Petrobras (PBR) declared that it will take necessary legal steps to protect the interest of shareholders only after receiving an official statement from the court.
When Fernando Coelho Filho, Brazil's minister for mines and energy, was asked on television this month about privatising Petrobras, the state-controlled oil producer, he could not have known the stir he ...
When it comes to the energy sector, Brazil is often seen as the crown jewel of exploration. The nation’s rich pre-salt and deepwater fields are full of potential, holding billions of barrels worth of crude oil and natural gas. While Guyana doesn’t normally come up in the energy conversation, all of that is changing and XOM will be doing all the talking.
The September 29 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks decreased.
One analyst has issued a "strong buy" recommendation for INT, while two have given "hold" recommendations, and one has given a "sell."
So far this week (starting October 2, 2017), Petroleo Brasileiro (PBR) is at the top of the list of gainers in our select integrated energy group.
Here are some stocks outpacing the 0.9% rise in the iShares MSCI Emerging Markets exchange-traded fund (EEM) in midday trading Thursday. Shares of Brazil's top airline, GOL Linhas Aereas Inteligentes (GOLL4. ...
Brazilian stocks slipped off a record high on Wednesday, but analysts saw room for the recent rally to continue as Latin America's largest economy emerges from its worst recession in a century. Brazil's ...
Brazil's oil regulator ANP on Wednesday approved a request by the consortium exploring the potentially oil-rich Libra area to waive strict local content rules and purchase from abroad the platform hull and some systems that will compose the pilot unit. Petróleo Brasileiro SA, known as Petrobras, which leads the consortium, had requested earlier this year a waiver from ANP on the obligation to buy the rig hull and several other parts of the project from local producers. The Libra pre-salt area is among the largest discoveries in Brazil, with estimated reserves between 8 billion and 12 billion barrels of oil.
Petroleo Brasileiro SA (PETR4.SA) said Brazilian pension funds are not a party to arbitration proceedings levied against the state-controlled oil company in relation to a bribery and graft scheme that might have caused hefty losses to investors. In a Wednesday securities filing issued in response to a newspaper article, Petrobras said the parties to the proceedings include an unnamed company and a small number of individuals. Valor Econômico newspaper said earlier in the day that claims against Petrobras could rise to 20 billion reais (4.82 billion pounds) if pension funds joined the proceedings.
Petroleo Brasileiro SA said Brazilian pension funds are not a party to arbitration proceedings levied against the state-controlled oil company in relation to a bribery and graft scheme that might have caused hefty losses to investors. In a Wednesday securities filing issued in response to a newspaper article, Petrobras said the parties to the proceedings include an unnamed company and a small number of individuals. Valor Econômico newspaper said earlier in the day that claims against Petrobras could rise to 20 billion reais ($6.4 billion) if pension funds joined the proceedings.
Petroleo Brasileiro shows improving price performance, earning an upgrade to its IBD Relative Strength Rating
Latin American stocks soared on Tuesday, boosted by potential public offers and takeovers in Peru and Brazil as well as the prospect of a market-friendly government in Argentina. Brazilian stocks rose ...
Brazil's state-controlled oil company Petroleo Brasileiro SA on Tuesday said it had started the binding stage for a proposed stake sale in the Maromba field, located in the Campos basin, according to a ...
With data showing signs of Brazil's economic improvement, and other market-friendly headlines, the iShares SMCI Brazil Capped exchange-traded fund (EWZ) rose 3.5% Tuesday, more than double the rise in ...