Petrobras to Form Restructuring Plans to Save $500M Annually
Zacks Equity Research - Zacks Investment Research - Thu Mar 31, 2:10PM CDT
According to a report published by Reuters, Petroleo Brasileiro SA (PBR.A), one of the largest integrated energy firms in Latin America, is formulating a reorganization plan to save $500 million a year.
PBR.A: 6.44 (unch), SSL: 27.17 (-0.59), SXC: 7.17 (+0.11), VNR: 1.67 (+0.14)
Stock Market Roundup: SHAK Slumps, SUNE Soars, Natural Gas Tanks
Ryan McQueeney - Zacks Investment Research - Tue Mar 08, 4:11PM CST
Here is everything you need to know about the stock market on March 8, 2016.
SHAK: 38.56 (+0.77), PBR.A: 6.44 (unch), SUNE: 0.34 (unch), AEO: 16.83 (+0.11), JCP: 8.49 (-0.07), VSLR: 2.75 (-0.09), ZFC: 13.62 (-0.12), SWHC: 28.42 (-0.16)
Is This the Right Time to Dump Patterson-UTI (PTEN) Stock?
Zacks Equity Research - Zacks Investment Research - Mon Mar 07, 3:10PM CST
On Mar 4, Zacks Investment Research downgraded the oil and gas drilling company Patterson-UTI Energy, Inc. (PTEN) to a Zacks Rank #5 ( Strong Sell).
BAK: 11.31 (+0.06), PBR.A: 6.44 (unch), SPWR: 14.85 (-0.38), PTEN: 20.99 (-0.68)
McDermott Wins Pipeline Installation Project in the Middle East
Zacks Equity Research - Zacks Investment Research - Fri Mar 04, 12:30PM CST
Offshore oil and gas-focused engineering and construction firm, McDermott International Inc. (MDR) has signed a deal with an upstream oil and gas operator for pipeline installation in the Middle East.
BAK: 11.31 (+0.06), MDR: 5.04 (-0.09), PBR.A: 6.44 (unch), SPWR: 14.85 (-0.38)
Petrobras in Talks to Sell 67.2% Argentine Unit Stake to Pampa
Zacks Equity Research - Zacks Investment Research - Thu Mar 03, 1:35PM CST
Petroleo Brasileiro SA (PBR.A), one of the largest integrated energy firms in Latin America, is in talks with Pampa Energia (PAM) to sell its 67.2% of stake in subsidiary, Petrobras Argentina.
PAM: 27.70 (+0.04), BAK: 11.31 (+0.06), PBR.A: 6.44 (unch), SPWR: 14.85 (-0.38)
Chevron's Moroccan Unit to Sell 30% Stake to Qatar Petroleum
Zacks Equity Research - Zacks Investment Research - Tue Feb 09, 2:40PM CST
Chevron Morocco Exploration Ltd., recently entered into an agreement with Qatar Petroleum to sell its 30% stake in three deepwater offshore leases located in Morocco to the latter.
CQP: 28.75 (-0.41), PBR.A: 6.44 (unch), CVX: 106.65 (-0.13), MUSA: 75.52 (-0.13)
Transocean Drillship Contract Terminated by Murphy Unit
Zacks Equity Research - Zacks Investment Research - Mon Feb 08, 4:44PM CST
Transocean Ltd. (RIG) reported that Murphy Exploration & Production Company-USA, a subsidiary of Murphy Oil Corporation (MUSA), has terminated its contract for the ultra-deepwater drillship, Discoverer Deep Seas.
CQP: 28.75 (-0.41), PBR.A: 6.44 (unch), RIG: 12.46 (-0.38), MUSA: 75.52 (-0.13)
Suncor Energy Slips to Loss in Q4 as Revenues Plunge Y/Y
Zacks Equity Research - Zacks Investment Research - Thu Feb 04, 12:00PM CST
Canada's biggest energy firm and the largest oil sands outfit, Suncor Energy Inc. (SU) reported fourth-quarter 2015 operating loss per share of 2 Canadian cents (1 US cent).
SU: 28.23 (-0.30), CQP: 28.75 (-0.41), BAK: 11.31 (+0.06), PBR.A: 6.44 (unch)
Market Has Not Yet Noticed Potential in Petroleo Brasileiro (PBR.A); Have You?
Zacks Equity Research - Zacks Investment Research - Tue Feb 02, 7:52AM CST
Petroleo Brasileiro has a solid Zacks rank and is well positioned for a solid gain but has been overlooked by investors lately
PBR.A: 6.44 (unch)
Investors' Radars Failed to Catch Petroleo Brasileiro (PBR.A), Has Yours?
Zacks Equity Research - Zacks Investment Research - Tue Jan 19, 8:54AM CST
Petroleo Brasileiro has a solid Zacks rank and is well positioned for a solid gain but has been overlooked by investors lately
PBR.A: 6.44 (unch)
Petrobras reports 3Q loss
Automated Insights - Thu Nov 12, 6:55PM CST
RIO DE JANERIO RJ BR, Brazil (AP) _ Petroleo Brasileiro SA - Petrobras (PBR) on Thursday reported a third-quarter loss of $1.06 billion, after reporting a profit in the same period a year earlier.
PBR: 7.92 (-0.16), PBR.A: 6.44 (unch)
Sinking currencies point to jitters about emerging economies
By PAUL WISEMAN and JOSHUA GOODMAN - AP - Fri Aug 21, 5:06PM CDT
WASHINGTON (AP) — The damage spans the globe.
PBR: 7.92 (-0.16), PBR.A: 6.44 (unch)
Bear of the Day: China Petrol (SNP) - Bear of the Day
David Bartosiak - Zacks Investment Research - Mon Aug 03, 8:01AM CDT
Bear of the Day: China Petrol (SNP) - Bear of the Day
PBR.A: 6.44 (unch), SNP: 73.59 (-0.72)