|Bid||3.8400 x 4000|
|Ask||3.8400 x 2200|
|Day's Range||3.8150 - 3.8900|
|52 Week Range||1.9700 - 6.6800|
|Beta (5Y Monthly)||1.05|
|PE Ratio (TTM)||7.34|
|Forward Dividend & Yield||0.10 (2.69%)|
|Ex-Dividend Date||Feb 28, 2020|
|1y Target Est||4.20|
Brazil's Petroleo Brasileiro SA is set to receive binding offers on Dec. 10 for its Rio Grande do Sul state refinery Refap, with Indian conglomerate Essar Group and local firms Raizen and Ultrapar Participacoes SA among its potential bidders, people familiar with the negotiations said. All three companies have been pre-qualified for the binding phase for Refap refinery, also known as Alberto Pasqualini, the sources added, declining to be named as the details are confidential. Petrobras, as Brazil's state-controlled producer is known, will also receive offers on the same day for its Parana state refinery - Presidente Getulio Vargas, or Repar - as part of a rebidding sale process.
There is also a simultaneous webcast that may be accessed through Ultrapar's website at ri.ultra.com.br and the MZiQ platform. This conference call will have Mr. Frederico Curado, Chief Executive Officer; and Mr. Rodrigo Pizzinatto, CFO and Investor Relations, together with other executives of Ultrapar. Before proceeding, let me mention that forward-looking statements that may be made during this conference on the Company's business perspectives, projections and financial and operational goals are beliefs and assumptions of Ultrapar's management and are based on information currently available to the Company.
Brazil's Petroleo Brasileiro SA is set to receive binding offers on Thursday for its Presidente Getulio Vargas refinery, with local firms Raizen and Ultrapar Participacoes SA among the likely bidders, sources familiar with the matter said. The sale is part of a multi-billion plan by the state-controlled oil company, known as Petrobras, to divest assets, with interest from ethanol and fuel distribution company Raizen and conglomerate Ultrapar powered by deep-pocketed foreign investment firms. Based in the southern Brazilian state of Parana, Repar is Brazil's fifth-largest refinery, able to process 208,000 barrels per day, representing 9% of the country's capacity.