|Bid||0.00 x 1800|
|Ask||0.00 x 900|
|Day's Range||10.37 - 10.64|
|52 Week Range||8.41 - 17.20|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.06 (0.54%)|
|1y Target Est||13.76|
Short interest in Royal Dutch Shell (RDS.A), expressed as a percentage of outstanding shares, has fallen from 0.11% on June 6 to the current level of 0.09%. Usually, everything else being equal, a decline in short interest could indicate a decrease in bearish sentiment for a stock. Also, during this period of falling short interest, Shell’s stock price rose 0.5%.
LONDON, UK / ACCESSWIRE / July 10, 2018 / If you want a free Stock Review on PBR sign up now at www.wallstequities.com/registration. This Tuesday, WallStEquities.com has initiated reports coverage on the following Oil & Gas Drilling & Exploration equities: Antero Resources Corp. (NYSE: AR), Camber Energy Inc. (NYSE AMER: CEI), Cenovus Energy Inc. (NYSE: CVE), and Petroleo Brasileiro S.A. (NYSE: PBR).
Petroleo Brasileiro (PBR) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
Eike Batista, once Brazil’s richest man, has received a thirty year prison sentence for bribing the former government of Rio de Janeiro in order to win contracts to state construction projects
, says it will challenge the $622 million arbitration award chalked up Monday by Vantage Drilling International, a Houston-based offshore energy contractor that filed for bankruptcy in 2015 after Petrobras cut off a key contract amid a Brazilian corruption probe. Petrobras terminated the contract in 2015, weeks after indictments were handed down against several individuals for the alleged bribery of certain Petrobras executives and political officials in connection with the contract. Both companies have denied involvement in the alleged corruption, which was exposed as part of a sprawling investigation dubbed “Operation Car Wash,” a probe that produced charges against scores of people, and caught up other businesses and politicians as well as executives.
Investors need to pay close attention to Petroleo Brasileiro (PBR) stock based on the movements in the options market lately.
Vantage Drilling International said an international arbitration tribunal awarded the company $622.02 million in a dispute with Brazil’s Petróleo Brasileiro, or Petrobras, over a 2015 contract termination....
To conclude our series on the biggest movers in the refining and marketing sector and integrated energy sector, we’ll now look at Wall Street’s recommendations for the stocks. Of the three analysts covering World Fuel Services (INT) on June 27, one recommended “strong buy,” one recommended “hold,” and one recommended “sell.” Their median price target for INT was $32.50, which implies a ~59% upside to its June 27 closing price of $20.47.
In this part, we’ll look at how hedge funds are positioning themselves in the strongest stocks in the refining and marketing sector and integrated energy sector this week. In Q1 2018, 20 hedge funds were “buyers” (they created a new position or added to their existing position) of World Fuel Services (INT) stock, while 17 hedge funds were “sellers” (they closed their entire position or reduced their existing position).
In this part, we’ll look at the US integrated energy sector’s top gainers this week. Petrobras (PBR), the sector’s strongest stock, had risen ~3.7% as of June 27 from $9.43 to $9.78.
The Zacks Analyst Blog Highlights: Royal Dutch Shell, Baytex Energy, Petrobras, Schlumberger and Hess
Petrobras (PBR) expects production ramp up from the Green Turtle field to largely help it reach its 2018 production target of 2.1 million barrels per day.
In this part, we’ll examine analysts’ ratings for Petrobras (PBR), which occupies the last slot in the list of the seven firms in our survey. PBR is the last stock of the bottom order, which consists of stocks that have fewer than 50.0% “buy” ratings from analysts. The other stocks in the bottom order are BP (BP) and ExxonMobil (XOM), which have “buy” ratings of 45.0% and 33.0%, respectively.
In this series, we’ll rank seven global integrated energy firms based on the “buy” ratings received from Wall Street analysts. Suncor Energy (SU), Royal Dutch Shell (RDS.A), and Chevron (CVX) are the top three firms that have received more than 70.0% “buy” ratings from analysts. Suncor, which is in the business of extracting oil from oil sands, has seen a notable improvement in its financial position in the past few quarters.
Equinor's (EQNR) equity production in Brazil increase by around 150% after acquiring interests in Petrobras-operated Roncador field.
Brazil’s latest offshore auction shows that oil majors haven't been scared away by the recent strikes that crippled the country’ infrastructure