|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.03 - 9.15|
|52 Week Range||6.96 - 10.73|
|PE Ratio (TTM)||25.80|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||10.96|
The new policy will help Petrobras (PBR) to counter the growing competition from fuel imported by competitors and grow and maintain its market share.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Petrobras, BP, Stone Energy and Bill Barrett
Cenovus Energy is the biggest loser this week from the integrated energy sector. It has fallen from last week’s close of $11.26 to $10.17 on November 15.
Brazil oil giant Petrobras (PBR) reported disappointing third-quarter earnings on a steeper tax bill and lower sales volumes but had positive free cash flow for the 10th straight quarter.
Brazil's low-cost oil will help it compete in a tough market as it seeks to turn around its business, Petrobras CEO Pedro Parente said.
Brazil's state-controlled oil producer Petrobras thought it best to lower its outlook for asset sales the day after announcing a slim quarterly profit. Shares of Petroleo Brasileiro (PBR) had slipped 8.4% headed into the closing hour of trading, to $9.72. Higher oil prices are a help for revenue, but the indebted company's results were weighed down by interest on debt and provisions including tax amnesty programs and other fiscal disputes.
Brazil’s federal government will soon start receiving crude oil from a huge offshore field known as Libra. But the government has no tanker ships to move the oil, no terminals to store it, and no refineries ...
Brazilian state-run oil company Petróleo Brasileiro SA, or Petrobras, eked out a slim profit in the third quarter amid higher oil prices, though high interest expenses weighed on its bottom line.
A Relative Strength Rating upgrade for Petroleo Brasileiro shows improving technical performance. Will it continue?