13.82 +0.09 (0.66%)
After hours: 4:34PM EDT
|Bid||13.57 x 800|
|Ask||14.06 x 800|
|Day's Range||13.69 - 14.04|
|52 Week Range||7.61 - 14.93|
|PE Ratio (TTM)||39.01|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.47|
RIO DE JANEIRO, March 15, 2018 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (PBR) announces the commencement of offers by its wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF") to purchase for cash PGF's notes of the series set forth in the table below for an aggregate purchase price, excluding accrued and unpaid interest, of up to US$4.0 billion (all such notes, collectively, the "Notes" and each a "series" of Notes), subject to the "Acceptance Priority Level" of such series of Notes and subject to proration (the "Tender Offers"). The Tender Offers are conditioned upon certain customary offering conditions.
Brazilian state-controlled oil company Petrobras said Thursday it posted a net loss in the fourth quarter and in 2017 as the state-controlled oil company continues to suffer from the side effects of a ...
NEW YORK, NY / ACCESSWIRE / March 15, 2018 / Petroleo Brasileiro SA (NYSE: PBR ) will be discussing their earnings results in their Q4 Earnings Call to be held on March 15, 2018, at 2:00 PM Eastern Time. ...
ExxonMobil (XOM) stock is covered by 24 Wall Street analysts. Seven of them (or 29%) have given the stock a “buy” or “strong buy” recommendation. The remaining five (or 21%) have recommended a “sell” or “strong sell.” ExxonMobil’s mean target price of $86 per share implies a 16% gain from the current level.
While we believe that Petrobras (PBR) is going to benefit from pricing and output gains, the huge payout relating to corruption charges, along with its massive debt are likely to play a spoilsport.
In this series, we’ve examined Royal Dutch Shell’s (RDS.A) levers, which are instrumental in achieving its cash flow priorities. Now we’ll examine analysts’ ratings for Shell. Ten of them (91%) have given Shell stock a “buy” or “strong buy” rating.
Petrobras' (PBR) committed efforts to improve its liquidity and operational efficiency, along with its ambitious five-year plans make us optimistic about the stock.
The ethics watchdog for Norway's $1-trillion sovereign wealth may blacklist more companies that produce too much greenhouse gas by scrutinizing more industry sectors, including shipping and power. Carbon emissions became a criteria for exclusion from the fund in 2016 and last year the watchdog recommended that "a small handful" of firms be excluded from the fund for producing too much greenhouse gas emissions in either the oil, cement and steel industries. Johan H. Andresen, chair of the fund's publicly appointed Council on Ethics, said the watchdog would look at more firms in the energy, steel and concrete industries and add more sectors, including shipping and power producers.
Blackstone Group LP, EIG Global Energy Partners and Macquarie Group Ltd., all working with large institutional investors, descended on Brazil last year seeking what could be a repeat of a lucrative deal ...
In this series so far, we have examined BP’s (BP) 4Q17 earnings versus estimates. In this part, we’ll consider the analyst ratings for BP after 4Q17 earnings. Of the total, five analysts have assigned “buy” or “strong buy” ratings, five have assigned “hold” ratings, and one has assigned a “sell” rating on the stock.
In the previous part, we looked at changes in ExxonMobil’s (XOM) stock price forecast. ExxonMobil trades at a forward PE (price-to-earnings) ratio of 18.0x, which is above the peer average of 15.2x. Chevron (CVX) and Suncor Energy (SU) are also trading above the average forward PE ratio at 18.5x and 22.8x, respectively.