PBR - Petróleo Brasileiro S.A. - Petrobras
13.55 +0.02 (0.18%)
After hours: 4:26PM EST
| Previous Close | 14.24 |
| Open | 13.62 |
| Bid | 13.47 x 36900 |
| Ask | 13.88 x 40700 |
| Day's Range | 13.41 - 13.74 |
| 52 Week Range | 9.02 - 17.20 |
| Volume | 23,437,233 |
| Avg. Volume | 28,622,784 |
| Market Cap | 85.023B |
| Beta (3Y Monthly) | 1.01 |
| PE Ratio (TTM) | 18.43 |
| EPS (TTM) | 0.73 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.08 (0.56%) |
| Ex-Dividend Date | 2018-11-23 |
| 1y Target Est | 16.72 |
- Reuters•9 hours ago
Brazil's Petrobras enters non-binding phase of onshore cluster sale
Brazilian state-run oil firm Petroleo Brasileiro SA has entered into the non-binding phase of the sale of an onshore oil cluster located in the state of Espírito Santo, it said on Monday. Petrobras, as the company is commonly known, has a 100 percent stake in the Lagoa Parda, Lagoa Parda Norte, and Lagoa Piabanha fields, collectively known as the Lagoa Parda Cluster. A minor asset, Petrobras said the cluster's average production in 2017 was approximately 266 barrels of oil per day.
- Reuters•3 days ago
Brazil’s Petrobras nears terms over TAG pipeline sale
Brazil’s state-controlled oil company Petróleo Brasileiro could present a new sale and purchase agreement (SPA) before the end of December for the sale of the Transportadora Associada de Gás (TAG) pipeline, after a Brazilian Supreme Court injunction in July stalled the sale. The sale of TAG, which operates natural gas pipelines in Brazil’s north and northeast, could fetch Petrobras as much as US$7bn, in one of the company’s largest-ever asset sales, three sources familiar with the process said.
- Business Wire•3 days ago
INVESTIGATION ALERT NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Petróleo Brasileiro S.A. – Petrobras and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Petróleo Brasileiro S.A. – Petrobras (“Petrobras” or “the Company”) (NYSE: PBR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
- PR Newswire•4 days ago
Petrobras Announces Commencement Of Cash Tender Offers
The consummation of the Tender Offers with respect to a Tender Group is not conditioned on the consummation of the Tender Offers with respect to the other Tender Group. Each Tender Offer is independent of the other Tender Offers, and PGF may, subject to applicable law, withdraw or modify any Tender Offer without withdrawing or modifying other Tender Offers.
- Business Wire•4 days ago
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Petróleo Brasileiro S.A. Investors (PBR)
Law Offices of Howard G. Smith announces an investigation on behalf of Petróleo Brasileiro S.A. investors concerning the Company and its officers’ possible violations of federal securities laws.
- Business Wire•4 days ago
INVESTIGATION ALERT REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Petróleo Brasileiro S.A. – Petrobras and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Petróleo Brasileiro S.A. – Petrobras (“Petrobras” or “the Company”) (NYSE: PBR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
- GlobeNewswire•4 days ago
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Petróleo Brasileiro S.A. – Petrobras (PBR)
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Petróleo Brasileiro S.A. – Petrobras ("Petrobras" or the “Company") (PBR). The investigation concerns whether Petrobras and certain of its officers and/or directors have violated federal securities laws. On December 5, 2018, Reuters published an article how Glencore and other trading firms paid $30+ million in bribes to Petrobras employees in a possibly ongoing scheme.
- Business Wire•4 days ago
EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Petróleo Brasileiro S.A. – Petrobras – PBR
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Petróleo Brasileiro S.A. – Petrobras resulting from allegations that Petrobras may have issued materially misleading business information to the investing public.
- Market Realist•4 days ago
Why Chevron’s Short Interest Has Fallen
Since October 1, short interest (the percentage of outstanding shares) in Chevron (CVX) has fallen marginally, from 0.92% to 0.91%. A fall in short interest usually indicates a rise in positive sentiment toward a stock. However, during the same period, Chevron’s stock price has fallen by 3.0%.
- Zacks•4 days ago
Petrobras Ups Investment, Divestment Goals in New 5-Year Plan
Petrobras (PBR) intends to invest $84.1 billion between 2019 and 2023, representing nearly 13% increase from its estimated investment of $74.5 billion through 2018-2022.
- Reuters•4 days ago
Brazil's Bolsonaro likely to revise Petrobras' investment plan
Brazil's right-wing President-elect Jair Bolsonaro is likely to revise the just-announced investment plans of state-controlled oil company Petroleo Brasileiro SA, newspaper O Estado de S. Paulo reported ...
- Reuters•5 days ago
PRESS DIGEST- Financial Times - Dec 6
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Terry Morgan resigns from Crossrail and HS2 https://on.ft.com/2Ef8CPT ...
Reuters•5 days agoWorld's biggest oil traders paid bribes in Brazil scandal -prosecutors
RIO DE JANEIRO/SAO PAULO (Reuters) - Leading global oil traders Vitol [VITOLV.UL], Trafigura [TRAFGF.UL] and Glencore paid more than $30 million in bribes to employees at state-owned Brazilian company Petrobras in a scheme that may still be going on, prosecutors said on Wednesday. Top executives of the international companies had "total and unequivocal" knowledge of the graft involving Petroleo Brasileiro SA, known as Petrobras, investigators said at a news conference. The bribes took place between 2011 and 2014, investigators said.
- Reuters•5 days ago
Brazil's Petrobras fires employee accused of corruption in trading
Brazil's state-controlled oil company Petroleo Brasileiro said on Wednesday it had fired a Houston-based employee accused of participating in a corruption scheme involving bribes allegedly paid by trading ...
Reuters•5 days agoPetrobras unveils plan to boost asset sales, deepwater investment
SAO PAULO/RIO DE JANEIRO (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA (PETR4.SA) plans to raise some $26.9 billion via asset sales and partnerships by 2023 while boosting investments on the front edge of an anticipated production boom in Brazil. Petrobras intends to make $84.1 billion in investments from 2019 to 2023, above the $74.5 billion forecast in its 2018 to 2022 plan, it said in a five-year investment program unveiled on Wednesday morning. The firm also moderately cut its oil production forecast, but still forecast production to increase by 10 percent next year, and then 5 percent every year through 2023.
- The Wall Street Journal•5 days ago
[$$] Brazil's Car Wash Probe Eyes Glencore, Vitol, Trafigura
Glencore and oil trader Vitol, both based in Switzerland, and Singaporean oil trader Trafigura are suspected of paying a total of about $15 million in bribes, and other trading companies also under investigation are suspected of paying a similar amount, prosecutors said Wednesday. Spokespeople for Glencore and Trafigura declined to comment.
- Reuters•5 days ago
Petrobras plans to raise $26.9 billion with asset sales, partnering
SAO PAULO/RIO DE JANEIRO (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA plans to raise some $26.9 billion via asset sales and partnerships by 2023 while boosting investments on the front edge of an anticipated production boom in Brazil. Petrobras intends to make $84.1 billion in investments from 2019 to 2023, above the $74.5 billion forecast in its 2018 to 2022 plan, it said in a five-year investment program unveiled on Wednesday morning. Petrobras is trying to stay the course on efforts to reduce one of the heftiest debt loads among oil companies worldwide - $88 billion in gross debt - through divestments and an investment focus on Brazil's coveted offshore pre-salt area.
- Zacks•5 days ago
The Zacks Analyst Blog Highlights: Royal Dutch, Par Pacific, Precision Drilling, Petrobras and Ecopetrol
The Zacks Analyst Blog Highlights: Royal Dutch, Par Pacific, Precision Drilling, Petrobras and Ecopetrol
- Reuters•5 days ago
Brazilian antitrust watchdog may force Petrobras to sell refineries- report
Brazilian antitrust watchdog Cade will begin on Wednesday an investigation that may result in mandatory sales of refineries by state-controlled oil company Petroleo Brasileiro SA, newspaper Valor Economico reported. According to the paper, Cade is analyzing the influence of Petrobras on fuel prices. Cade and Petrobras did not immediately comment on the matter.
- Financial Times•6 days ago
[$$] Petrobras ups investment target, eyes more asset sales in new 5-year plan
, the state oil company at the centre of Brazil’s vast corruption scandal, has unveiled an ambitious new five-year business plan to boost production and further reduce debt as it looks to emerge from the deepest crisis in its history. The Rio de Janeiro-based producer said on Wednesday it would invest $84.1bn between 2019 and 2023, up from the planned investment of $74.5bn it had forecast in its 2018 to 2022 plan last year. The company also said it was looking to raise some $26.9bn through asset sales and partnership during this period as part of its ongoing efforts to cut down on its debt pile, which stood at $72.88bn as of the end of September.
- Financial Times•6 days ago
[$$] Glencore, Vitol and Trafigura face bribery probe
in exchange for contracts, in the latest twist to the sweeping corruption investigation that has rattled Latin America’s largest economy. Brazilian prosecutors said on Wednesday that “there are suspicions” that between 2011 and 2014 the three companies paid more than $15.3m related to over 160 operations “of purchase and sale of oil products and rental of storage tanks”. Other unnamed companies are also being investigated for paying a similar amount in bribes to Petrobras’ employees.
- Zacks•6 days ago
Oil & Gas Stock Roundup: Shell's Green Initiative, Par Pacific's Acquisition & More
Royal Dutch Shell (RDS.A) became the first oil company to link executive pay with carbon emissions, while Par Pacific Holdings (PARR) entered into an acquisition to bolster its downstream operations.
- Reuters•6 days ago
Brazil's Petrobras and Eletrobras reach agreement on debt - filing
Brazil's state-controlled Petroleo Brasileiro SA said in a securities filing on Tuesday that it has reached an agreement with Centrais Elétricas Brasileiras SA on the debt of energy companies Amazonas ...
- Investor's Business Daily•7 days ago
Oil Groups Lead Stock Market Up; Will These 3 Large Cap Stocks Beat Apple In December?
Apple is outperforming the major equity indexes with a nearly 3% gain, but it's in no position to break out yet. Watch these new tech leaders.
- Market Realist•7 days ago
Why Wall Street Analysts Are Divided on BP Stock
BP (BP) stock is covered by 11 Wall Street analysts. Of this total, five (or 45%) have given it “buy” or “strong buy” ratings, another five (or 45%) have given it “hold” ratings, and only one has given it a “sell” rating.
