|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||13.40 - 13.69|
|52 Week Range||7.61 - 13.99|
|PE Ratio (TTM)||37.79|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||12.93|
Brazil's state-run oil company Petroleo Brasileiro SA said on Thursday it would pre-pay $2.14 billion in bonds maturing in 2019 with funds raised through a debt issue on Feb., 1, 2018. In a securities ...
Plagued by years of corruption, mismanagement and economic strife, Brazil’s struggling energy sector could finally be poised for a turnaround
Former world champions McLaren have agreed a long-term partnership with Brazilian state oil company Petrobras, the Formula One team announced on Tuesday. Petrobras most recently sponsored the Williams team, leaving at the end of 2016. McLaren were the team that provided the late Brazilian Ayrton Senna with his three world championships in 1988, 1990 and 1991.
Brazilian state-controlled oil company Petroleo Brasileiro SA has set a late-March deadline to receive binding proposals for a controlling stake in gas pipeline network Transportadora Associada de Gás (TAG), three people with knowledge of the matter said. Consortia led by Australia's Macquarie Group Ltd, French utility Engie SA and United Arab Emirates' sovereign wealth fund Mubadala Development Co are preparing their offers, the sources added, asking for anonymity because talks are private. The consortia are in talks with banks to discuss financing, the sources added, saying that consortia bids may be north of $7 billion, which would make TAG one of the largest divestments by Petrobras, as the state-controlled company is known.
In this series so far, we have examined BP’s (BP) 4Q17 earnings versus estimates. In this part, we’ll consider the analyst ratings for BP after 4Q17 earnings. Of the total, five analysts have assigned “buy” or “strong buy” ratings, five have assigned “hold” ratings, and one has assigned a “sell” rating on the stock.
** Mexican petrochemical company Alpek said on Wednesday that it received approval from Brazilian regulators for the purchase of two petrochemical units from state-run oil company Petrobras . ** The close ...
Brazil's state-controlled oil company Petróleo Brasileiro SA has held "positive" talks with a potential partner for the construction of a new refining unit in Rio de Janeiro state, the company's Chief Executive Officer Pedro Parente said on Wednesday. Parente told reporters during a meeting in Rio that Petrobras, as the company is known, expects to choose the partner for the project in about three months. It will be the first time the firm will work with an investor in a refining complex in Brazil.
In the previous part, we looked at changes in ExxonMobil’s (XOM) stock price forecast. ExxonMobil trades at a forward PE (price-to-earnings) ratio of 18.0x, which is above the peer average of 15.2x. Chevron (CVX) and Suncor Energy (SU) are also trading above the average forward PE ratio at 18.5x and 22.8x, respectively.
The high-yielding global infrastructure giant could give income investors reason to cheer this week.
Petrobras said it had started taking steps to sell its refinery in Pasadena, Texas, an installation ensnared in Brazil's largest corruption scandal.
Brazilian state-run oil company Petroleo Brasileiro SA has begun a new non-binding phase in the sale process of its entire 50 percent stake in biodiesel producer BSBios, it said in a securities in filing in Monday. Petrobras, as the company is widely known, announced the sale process for BSBios in December. As part of the new non-binding phase, companies that have expressed interest in the stake will receive additional information on BSBios, Petrobras said.
Brazilian state-run oil company Petroleo Brasileiro SA begins a new non-binding phase in the sale process of its entire 50% stake in biodiesel producer BSBios.
Investors are now seeking approval for $3 billion of settlements arising from the corruption scandal that enveloped Brazil's state-controlled oil company, Petroleo Brasileiro SA, including a new $50 million settlement with its auditor. The new settlement, with PricewaterhouseCoopers' (PwC) Brazilian subsidiary, was disclosed in Manhattan federal court on Thursday night.
Investors are now seeking approval for $3 billion (£2.1 billion) of settlements arising from the corruption scandal that enveloped Brazil's state-controlled oil company, Petroleo Brasileiro SA (PETR4.SA), including a new $50 million settlement with its auditor. The new settlement, with PricewaterhouseCoopers' (PwC) Brazilian subsidiary, was disclosed in Manhattan federal court on Thursday night. Lawyers for the investors, led by the law firm Pomerantz in New York, plan to seek up to $285 million in fees, according to the filings.