|Bid||15.30 x 0|
|Ask||15.49 x 0|
|Day's Range||15.35 - 15.68|
|52 Week Range||11.59 - 17.44|
|PE Ratio (TTM)||26.56|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Brazil's state-controlled oil company Petróleo Brasileiro SA will review its pricing policy for liquefied petroleum gas , after a 70 percent price spike since June for the fuel which is widely used by ...
The supply of natural gas in the pipeline network of Brazilian state oil company Petroleo Brasileiro SA likely grew about 23 percent this year compared with 2016, an executive said on Tuesday. Speaking at an event in Rio de Janeiro, Rodrigo Costa, head of natural gas at Petrobras, as the company is known, said he expects gas supply to close the year at an average of 54 million cubic meters per day, up from 44 million cubic meters per day last year.
Blackstone Group has teamed up with its Brazilian partner to compete for Petroleo Brasileiro SA’s natural gas pipeline network in the country’s northeast, said people with knowledge of the matter.
SBM Offshore NV, a Netherlands-based maker of offshore oil drilling equipment, and its U.S. subsidiary, SBM Offshore USA Inc, agreed to settle criminal charges of bribing officials in five countries and pay a $238 million penalty, the U.S. Justice Department said on Wednesday. The companies agreed to settle charges related to schemes lasting more than a decade involving bribery of foreign officials in Brazil, Angola, Equatorial Guinea, Kazakhstan and Iraq, in violation of the Foreign Corrupt Practices Act (FCPA), the Justice Department said in a statement. SBM Offshore USA pleaded guilty on Wednesday in the U.S. District Court for the Southern District of Texas, the statement said.
Brazilian telecommunications firm Algar Telecom SA has postponed the pricing of its initial public offering to January to avoid competing with two of the country's largest offerings this year, two people with knowledge of the matter said on Wednesday. Algar initially intended to price its offering during the week of Dec. 11, but the Uberlandia, Minas Gerais-based firm decided to avoid competition for investors' attention, the sources added, asking for anonymity because discussions are private. Algar Telecom did not immediately respond to requests for comment.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Petrobras, BP, Stone Energy and Bill Barrett
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Petróleo Brasileiro SA Here are 5 ETFs with the largest exposure to PETR4-BR. Comparing the performance and risk of Petróleo Brasileiro SA with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
First oil has flowed from Brazil's giant Libra field operated by Petrobras and a consortium that includes Total, Shell and China's CNPC and CNOOC, the companies said on Monday. Libra, which has recoverable volumes estimated by oil regulator ANP at between 8 billion and 12 billion barrels, is located in the high-yield region off the coast of Rio de Janeiro. Production began on Sunday and the floating production, storage and offloading (FPSO) vessel Pioneer of Libra has daily capacity to process up to 50,000 barrels of oil and 4 million cubic metres of gas, Petrobras said in a securities exchange filing.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Petróleo Brasileiro SA. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bullish ... Read more (Read more...)
Brazil's state-controlled oil company Petroleo Brasileiro SA and its partners began production in the pre-salt Libra block of the Santos basin on Sunday, a securities exchange filing showed. Petrobras ...
Categories: Yahoo FinanceGet free summary analysis Petróleo Brasileiro SA reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Petróleo Brasileiro SA – Repsol SA, QGEP Participacoes S.A. and Oleo e Gas Participacoes S.A. (REP-AR, QGEP3-BR and OGXP3-BR) that have also reported for this period. Highlights Summary ... Read more (Read more...)
Bolivia's government on Tuesday signed natural gas development deals with Spain's Repsol (REP.MC), Brazil's Petrobras, Royal Dutch Shell (RDSa.L) and Pan American Energy that are expected to draw $1.6 billion (£1.21 billion) in investment and boost output. Repsol, Shell and Pan American Energy will participate in the Iniguazu consortium, while Petrobras will be a partner in the other two.
RIO DE JANEIRO/SAO PAULO (Reuters) - Brazilian police detained six people as part of an investigation into suspected bribery at a unit of state oil company Petroleo Brasileiro SA, prosecutors said on Tuesday, in the latest phase of Brazil's sprawling 'Car Wash' corruption probe. Police carried out eight search warrants related to the scheme at Petrobras, as the company is known. Prosecutors said illegal payments were made by a contractor to a former manager of Transpetro, a subsidiary of Petrobras.
RIO DE JANEIRO/SAO PAULO, Nov 21 (Reuters) - Brazilian police detained six people as part of an investigation into suspected bribery at a unit of state oil company Petroleo Brasileiro SA, prosecutors said on Tuesday, in the latest phase of Brazil's sprawling 'Car Wash' corruption probe. Police carried out eight search warrants related to the scheme at Petrobras, as the company is known. Prosecutors said illegal payments were made by a contractor to a former manager of Transpetro, a subsidiary of Petrobras.
Schroders U.K. doubts Lula will even be allowed to run, but if he does, investors will not be pleased with a Lula presidency this time around.