|Bid||11.20 x 800|
|Ask||11.21 x 2900|
|Day's Range||10.94 - 11.32|
|52 Week Range||8.53 - 17.20|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.06 (0.54%)|
|1y Target Est||13.87|
Williams Companies (WMB) purchases all of the 256-million outstanding common units of Williams Partners in an all stock-for-unit transaction.
Brazilian state-controlled oil company Petróleo Brasileiro SA has taken in an additional 1.034 billion reais in compensations as a result of several plea deals under the sweeping Car Wash corruption probe. ...
The Zacks Analyst Blog Highlights: BP, Apache, Concho Resources, Petrobras and Marathon Petroleum
On the news front, major energy players BP plc (BP), Apache Corporation (APA) and Concho Resources (CXO) reported strong second-quarter earnings.
BRASILIA (Reuters) - Brazilian Petróleo Brasileiro SA has settled three bank loans worth a total of $975 million that were due 2022, the state-controlled oil company said in a securities filing on Monday. ...
Brazilian Petróleo Brasileiro SA has settled three bank loans worth a total of $975 million that were due 2022, the state-controlled oil company said in a securities filing on Monday. Petrobras, as the ...
The strong earnings report assumes greater significance considering the truckers' strike in the quarter that forced Petrobras (PBR) to temporarily lower diesel prices at the pump.
Brazilian stocks led gains in Latin America after state-controlled oil company Petróleo Brasileiro SA reported a larger-than-expected jump in quarterly net profit. Rising oil prices and diesel subsidies allowed Petrobras, as the firm is known, to boost its market share, driving up its shares by more than 5 percent. That was the largest increase since May 23 when its former chief executive officer, Pedro Parente, voluntarily cut diesel prices in a bid to defuse a nationwide truckers' protest over rising fuel costs that paralyzed Latin America's top economy.
Rising crude prices boosted Petrobras’s earnings in the second quarter of the year helping the Brazilian national oil company to increase its net profit thirtyfold. Higher oil prices averaged $74.35 per barrel during the quarter, the company said, compared to an average of $49.83 a barrel in the year ago period, offering a cushion over government-imposed fuel price controls. Petrobras on Friday said net profit was R$10.07bn ($2.68bn) in the three months to the end of June versus just R$316m in the same period last year.
We began the series by examining BP’s (BP) second-quarter earnings by segment. BP’s earnings rose and surpassed estimates in the quarter. We then discussed BP stock, which rose on its earnings release day. We also reviewed analysts’ ratings on BP, which could strengthen going forward due to BP’s improving financial position.
Petroleo Brasileiro SA's second-quarter results on Friday will come just two months after a nationwide trucker strike over rising diesel prices forced Brazil to begin subsidizing Petrobras diesel sales. The move sparked concerns about renewed political meddling and drove investor darling Pedro Parente to resign as chief executive.
BP (BP) announced its second-quarter earnings results on July 31. On the day, its stock opened at $45.1, higher than its previous day’s close of $44.4. BP stock saw a high of $45.4 and a low of $44.8 on the day. Eventually, BP stock closed at $45.1, ~1.5% higher than its previous day’s close.
We expect Petrobras' (PBR) earnings to be buoyed by pricing and production gains amid cash outgo owing to defeat in lawsuits.
In the previous article, we looked at analysts’ ratings for ExxonMobil (XOM). In this article, we’ll look at changes in its implied volatility. We’ll also estimate ExxonMobil’s stock price range for the seven-day period ending on August 3.
Brazil's three largest fuel distribution companies are under investigation for fixing prices at the pump, police said on Tuesday, reigniting debate over potential collusion among gas station owners in Latin America's largest oil producer. Police in the southern state of Parana were serving eight arrest warrants and 12 search and seizure warrants in connection with the probe in the city of Curitiba, the state capital, according to police.
Chevron (CVX) announced its Q2 2018 results on July 27. The stock opened at $122.80 per share that day, which was lower than its previous close of $123.90. That could be because CVX’s second-quarter earnings missed Wall Street’s estimates. The stock saw a high of $127 and a low of $122 during the day. Eventually, it closed at $125.90, which was 1.6% higher than its previous day’s close.
We began this series by examining ExxonMobil’s (XOM) segment-wise earnings in the second quarter. We then discussed ExxonMobil’s stock performance since its earnings release on July 27.
Brazilian fuel distribution companies Petrobras Distribuidora SA, Ipiranga and Raízen have become targets in an investigation into price fixing, Paraná state police said in a statement on Tuesday. The ...