PetrĂłleo Brasileiro S.A. - Petrobras (PBR)
Pre-Market: 08:35AM EDT
| Previous Close | 10.54 |
| Open | 10.60 |
| Bid | 0.00 x 34100 |
| Ask | 0.00 x 21500 |
| Day's Range | 10.44 - 10.66 |
| 52 Week Range | 6.15 - 12.38 |
| Volume | 26,063,213 |
| Avg. Volume | 28,228,947 |
| Market Cap | 68.417B |
| Beta (5Y Monthly) | 1.40 |
| PE Ratio (TTM) | 5.97 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.62 (5.63%) |
| Ex-Dividend Date | Aug. 17, 2021 |
| 1y Target Est | N/A |
- Reuters
UPDATE 2-Brazil's Bolsonaro again says mulling Petrobras privatization
Brazilian President Jair Bolsonaro has repeated he is considering privatizing state-run oil company Petroleo Brasileiro, saying the company's insistence on passing on higher energy prices to consumers was giving him a "headache." Echoing comments he made earlier this month, as well as remarks as early as 2019 that he viewed the idea of selling off the company with "initial sympathy," Bolsonaro also complained in a television broadcast that the company was being run solely for the benefit of its shareholders. Shares in the oil company, known as Petrobras, rose 0.5% in late morning trading to 28.90 reais.
- Reuters
EMERGING MARKETS-Brazil's real slips as inflation rises, Latam FX down
* Brazil's real down 0.4% * Petrobras slips after Monday's surge * Strong Q3, buyback lift EDP Energias do Brasil (Adds details, updates prices) By Susan Mathew and Ambar Warrick Oct 26 (Reuters) - Brazil's real fell on Tuesday as rising inflation fed concerns that the continuation of aggressive monetary policy tightening might choke economic growth, while most other Latin American currencies edged lower against a steady dollar. The real slipped 0.4% as data showed Brazil's inflation rose more than expected in the month to mid-October, driven by higher fuel and electricity prices - the fastest monthly pace of increase for prices since February 2016. "(The data) increases the likelihood of (Brazil's monetary policy committee) Copom accelerating the hiking pace tomorrow," said strategists at Citi.
- Reuters
EMERGING MARKETS-Brazil's real slips on concerns about economic growth
* Brazil's real down 0.5% * Most other Latam FX rise as dollar steadies * Petrobras slips after Monday's surge * Strong Q3, buyback lift EDP Energias do Brasil By Susan Mathew Oct 26 (Reuters) - Brazil's real slipped on Tuesday as rising inflation raised fears that the continuation of an aggressively hawkish monetary policy stance might choke economic growth, while most other Latin American currencies firmed against a steady dollar. Data on Tuesday showed Brazil's inflation rose more than expected in the month to mid-October driven by higher fuel and electricity prices - the fastest monthly pace of increase for prices since February 2016. "(The data) increases the likelihood of (Brazil's monetary policy committee) Copom accelerating the hiking pace tomorrow," said strategists at Citi.
