|Bid||16.14 x 0|
|Ask||16.23 x 0|
|Day's Range||16.12 - 16.29|
|52 Week Range||11.59 - 18.49|
|PE Ratio (TTM)||-76.78|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
BRASILIA (Reuters) - Brazil's Petróleo Brasileiro SA (PETR4.SA) said a federal court ruled against the oil firm in a 8.8 billion real (£2.1 billion) case over income tax payment in platform leasing contracts, ...
Brazil's Petróleo Brasileiro SA said a federal court ruled against the oil firm in a 8.8 billion real case over income tax payment in platform leasing contracts, the company said in a statement on Monday. ...
Brazilian oil company Petróleo Brasileiro SA has started the non-binding phase of its process to sell a 90 percent stake in a gas pipeline system known as Transportadora Associada de Gás , the company ...
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.
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 ...
The Mexican peso weakened for a fifth straight trading day on Tuesday, slumping to a nearly five-month low, on concerns that talks between Mexico and the United States may fail to reach a new trade deal. ...
The Mexican peso weakened for a fifth straight trading day on Tuesday amid increasing tensions over Mexico's trade ties with the United States ahead of a new round of talks this week. Trade officials from ...
The Brazilian government is seeking 40 billion reais ($12.7 billion) from construction and engineering conglomerate Andrade Gutierrez SA to settle claims related to its participation in a graft scheme, newspaper O Globo reported on Sunday. Citing calculations from members of the Office of the Attorney General and the Office of the Comptroller General, O Globo said the fine is a condition for the signature of a leniency agreement that would allow the firm to continue bidding for government contracts. Andrade Gutierrez is one of 10 companies being investigated since March 2015 for the "Car Wash Operation," a probe into kickbacks from company executives to politicians in return for contracts at state-run enterprises, especially Petroleo Brasileiro SA.
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 pension oversight body Previc ordered a 180-day intervention in Postalis Instituto de Previdência Complementar, the pension fund for post office workers, for breaking rules on reserve requirements and investments, the regulator said on Wednesday. Postalis, Brazil's largest fund by number of participants, has amassed billions of reais in losses over the past decade due to risky bets and has run a deficit every year since 2011. A spokesman for the fund said the intervention "took us by surprise" and had no immediate comment.
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 ...
Shares of Brazil's state-controlled oil producer and refiner Petroleo Brasileiro or Petrobras (PBR) rose 3.6% in recent trading after an analyst meeting in New York Monday. Raymond James Analyst Pavel Molchanov, who rates the stock Market Perform, thinks that Petrobras' 2021 oil production projection is too optimistic. Molchanov thinks that investors need to include Brazil's October 2018 presidential election outcome in their investment thesis over the next year.