Petrobras' Pension Fund Needs Cash Infusion of $4.8 Billion
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 8:51AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) announced that its employee pension fund, Petros, has accumulated 22.6 billion reais ($6.8 billion) in unfunded liabilities as of the end of 2015.
PBR: 6.74 (-0.47), BAK: 11.39 (-0.63), MDR: 4.80 (-0.33), SSL: 26.12 (-2.07)
Petrobras May Divest Majority Stake in Gas Pipeline for $6B
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 9:42AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) is reportedly planning to divest an 81% stake in a natural gas pipeline network to a group led by Brookfield Asset Management Inc.
PBR: 6.74 (-0.47), MDR: 4.80 (-0.33), SSL: 26.12 (-2.07), PBFX: 22.31 (-0.14)
A Bullish Case for Oil with No Production Growth in Sight
Adam Arif - Zacks Investment Research - Wed Jun 15, 5:23PM CDT
Depleting supplies and a record demand of oil products are likely to act cohesively and systematically bring balance to the market.
PBR: 6.74 (-0.47), RDS.A: 51.62 (-3.55), CHK: 4.37 (-0.27), COP: 43.17 (-2.46), XOM: 89.39 (-2.41), CVX: 101.90 (-2.54)
Petrobras (PBR) Likely to Divest Stakes in Japanese Unit
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 9:12AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) is reportedly planning to auction its stakes in its Japanese unit on the tropical island of Okinawa.
PBR: 6.74 (-0.47), MDR: 4.80 (-0.33), RDS.A: 51.62 (-3.55), XOM: 89.39 (-2.41)
Petrobras Announces Extension of the Expiration Date of Offer to Purchase and Consent Solicitation
PR Newswire - Wed Jun 15, 7:00AM CDT
RIO DE JANEIRO, June 15, 2016 /PRNewswire/-- Petróleo Brasileiro S.A. - Petrobras ("Petrobras"
PBR: 6.74 (-0.47)
Petrobras Announces Early Tender Results And Early Settlement For Waterfall Tender Offers And Also Announces Extension Of The Early Tender Date And Increase Of Consideration For Any And All Offer
PR Newswire - Wed Jun 01, 7:51AM CDT
Petróleo Brasileiro S.A. - Petrobras ("Petrobras"
PBR: 6.74 (-0.47)
Petrobras Closes $6.75 Billion International Notes Offering
Zacks Equity Research - Zacks Investment Research - Wed May 25, 9:58AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A., or Petrobras (PBR) has closed the offering of 5-year and 10-year notes having a combined value of $6.75 billion.
PBR: 6.74 (-0.47), MDR: 4.80 (-0.33), MUSA: 72.92 (-0.58), PTR: 65.75 (-5.79)
Oil & Gas Stock Roundup: FMC Tech to Merge with Technip, Chevron Aims to Restart Gorgon
Nilanjan Choudhury - Zacks Investment Research - Tue May 24, 3:53PM CDT
Oilfield service providers FMC Technologies (FTI) and Technip have agreed to merge in a deal worth $13 billion, while Chevron (CVX) hopes to resume its Gorgon LNG operations soon.
PBR: 6.74 (-0.47), RIG: 11.27 (-0.76), TSO: 75.28 (-2.50), FTI: 25.90 (-2.21), SDRL: 3.38 (-0.03), CVX: 101.90 (-2.54), RDC: 17.75 (-1.80)
Petrobras (PBR) Issues First International Bond in a Year
Zacks Equity Research - Zacks Investment Research - Wed May 18, 9:07AM CDT
Petroleo Brasileiro S.A., or Petrobras (PBR) is issuing new global debts to buy back notes that will mature in the coming years.
PBR: 6.74 (-0.47), MDR: 4.80 (-0.33), MUSA: 72.92 (-0.58), PTR: 65.75 (-5.79)
Petrobras Announces The Pricing Of Global Notes And Increase Of Waterfall Tender Cap
PR Newswire - Tue May 17, 8:04PM CDT
Petróleo Brasileiro S.A. - Petrobras ("Petrobras"
PBR: 6.74 (-0.47)
Petrobras Announces Offering of Global Notes and Commencement of Offers to Purchase and Consent Solicitation
PR Newswire - Tue May 17, 7:04AM CDT
Petróleo Brasileiro S.A. - Petrobras ("Petrobras"
PBR: 6.74 (-0.47)
Petrobras (PBR) Slips to Loss in Q1 Amid Low Oil Prices
Zacks Equity Research - Zacks Investment Research - Fri May 13, 7:26AM CDT
Petroleo Brasileiro S.A., or Petrobras (PBR), announced first-quarter loss of $318 million against a profit of $1,862 million in the year-earlier quarter.
PBR: 6.74 (-0.47), MDR: 4.80 (-0.33), MUSA: 72.92 (-0.58), PTR: 65.75 (-5.79)
Petrobras (PBR) Applies for Loan worth $1 Billion in China
Zacks Equity Research - Zacks Investment Research - Wed May 11, 8:31AM CDT
According to a report published by Bloomberg, Petroleo Brasileiro S.A. (PBR) or Petrobras has sought a $1 billion loan from the Export-Import Bank of China to pay for goods and services already contracted with Chinese firms.
PBR: 6.74 (-0.47), MDR: 4.80 (-0.33), PTR: 65.75 (-5.79), SDPI: 2.20 (+0.32)
Petrobras (PBR): Will it Disappoint this Earnings Season?
Zacks Equity Research - Zacks Investment Research - Tue May 10, 8:46AM CDT
Petroleo Brasileiro S.A. or Petrobras (PBR) is expected to release first-quarter 2016 results on Thursday, May 12.
PBR: 6.74 (-0.47), ESES: 3.00 (+0.10), TSL: 7.36 (-0.25), SDRL: 3.38 (-0.03)
Why Does Saudi Aramco Want to Go Public?
Tyler Crowe and Sean O'Reilly, The Motley Fool - Motley Fool - Wed Apr 27, 8:00AM CDT
News broke this week that Saudi Aramco is considering a listing a small percentage of its massive bulk on the New York Stock Exchange. In this episode of Industry Focus: Energy , Sean O'Reilly and Tyler Crowe share what they know about the IPO --...
PBR: 6.74 (-0.47), GE: 29.82 (-1.37), CAT: 73.03 (-5.19), SLB: 76.66 (-2.93), LUV: 38.31 (-1.28)
Petrobras' Subsalt Polygon Unit Extraction Costs Decrease
Zacks Equity Research - Zacks Investment Research - Wed Apr 20, 9:54AM CDT
Petroleo Brasileiro SA (PBR) or Petrobras, one of the largest integrated energy firms in Latin America, announced that the unit extraction costs from the Brazil's Subsalt Polygon declined about 7% in 2015.
PBR: 6.74 (-0.47), PTR: 65.75 (-5.79), VNR: 1.23 (+0.01)
Brazil's Petrobras Turns to Write-Downs, Cost Cuts as Scandal, Prices Threaten $43 Billion in Projects, an Industrial Info News Alert
Marketwired - Tue Apr 19, 5:10AM CDT
-- Researched by Industrial Info Resources (Sugar Land, Texas) -- The news just keeps getting worse for Petroleo Brasileiro S.A. (NYSE
PBR: 6.74 (-0.47)
Why These Oil and Gas Stocks are on Investors' Radar - PBR, WLL, RIG, and SDRL
ACCESSWIRE - Mon Apr 11, 8:01AM CDT
NEW YORK, NY / ACCESSWIRE / April 11, 2016 / ValuableInvestment.com this morning has lined up four great equities in the Oil and Gas Drilling and Exploration industry: Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR), Whiting Petroleum Corp. (NYSE: WLL), Transocean Ltd (NYSE: RIG), and SeaDrill Ltd (NYSE: SDRL). To find out how you can access the trading alerts for these stocks click the link below:
PBR: 6.74 (-0.47), WLL: 9.65 (-1.67), RIG: 11.27 (-0.76), SDRL: 3.38 (-0.03)
The Zacks Analyst Blog Highlights: Schlumberger, BP, Halliburton, Chevron and Petrobras
Zacks Equity Research - Zacks Investment Research - Wed Apr 06, 8:30AM CDT
The Zacks Analyst Blog Highlights: Schlumberger, BP, Halliburton, Chevron and Petrobras
PBR: 6.74 (-0.47), HAL: 43.92 (-1.92), BP: 32.98 (-1.65), CVX: 101.90 (-2.54), SLB: 76.66 (-2.93)
Oil & Gas Stock Roundup: Schlumberger Buys Cameron, BP to Pay $20B Oil Spill Fine
Nilanjan Choudhury - Zacks Investment Research - Tue Apr 05, 10:08AM CDT
Schlumberger (SLB) closed its $15 billion takeover of Cameron International, while a federal judge approved a $20 billion settlement for BP (BP) for the deadly oil spill of 2010.
PBR: 6.74 (-0.47), RIG: 11.27 (-0.76), TSO: 75.28 (-2.50), HAL: 43.92 (-1.92), BP: 32.98 (-1.65), CVX: 101.90 (-2.54), SLB: 76.66 (-2.93)