Petroleo Brasileiro S.A.- Petrobras (PBR) 7.91 $PBR
Exxon Mobil and 4 Other Energy Stocks to Buy This Summer
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 7:43AM CDT
We have introduced five oil stocks that have solid fundamentals and the possibility to outperform the broader U.S. equity market in an unpredictable oil pricing scenario.
PBR: 7.91 (-0.17), DO: 20.78 (-0.20), RIG: 10.05 (-0.20), XOM: 87.04 (+1.18), MRO: 12.90 (-0.02)
3 Reasons Value Stock Investors Will Love Petrobras (PBR)
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 7:34AM CDT
Petrobras (PBR) is looking impressive and might be the best for value investors in the near term.
PBR: 7.91 (-0.17)
Can The Uptrend Continue for Petroleo Brasileiro (PBR)?
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 5:52AM CDT
Investors certainly have to be happy with Petroleo Brasileiro SA Petrobras (PBR) and its short term performance.
PBR: 7.91 (-0.17)
Petrobras Starts Output from Tenth FPSO Unit at Lula Project
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 8:35AM CDT
Petrobras (PBR) declared the commencement of production from the Cidade de Saquarema floating production, storage and offloading (FPSO) vessel at the Lula oil field on Jul 8.
PBR: 7.91 (-0.17), RDS.A: 49.71 (+0.13), MTDR: 19.31 (-0.23), CVX: 99.59 (+0.48)
The Zacks Analyst Blog Highlights: Chevron, National Oilwell Varco, Exxon Mobil, Kinder Morgan and Petrobras
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 8:30AM CDT
The Zacks Analyst Blog Highlights: Chevron, National Oilwell Varco, Exxon Mobil, Kinder Morgan and Petrobras
KMI: 19.79 (+0.23), NOV: 31.91 (+0.47), PBR: 7.91 (-0.17), XOM: 87.04 (+1.18), CVX: 99.59 (+0.48)
Oil & Gas Stock Roundup: Chevron OKs $37B Tengiz Expansion, National Oilwell Teams Up with GE
Nilanjan Choudhury - Zacks Investment Research - Tue Jul 12, 10:31AM CDT
Chevron (CVX)-led consortium approved a $37 billion expansion for the Tengiz oilfield, while National Oilwell Varco (NOV) collaborated with GE to offer FPSO solutions.
KMI: 19.79 (+0.23), NOV: 31.91 (+0.47), PBR: 7.91 (-0.17), PXD: 159.58 (+2.35), RIG: 10.05 (-0.20), XOM: 87.04 (+1.18), CVX: 99.59 (+0.48)
Petrobras Announces Tender Results And Settlement Of Tender Offer And Consent Solicitation
PR Newswire - Mon Jul 11, 8:39AM CDT
Petróleo Brasileiro S.A. - Petrobras ("Petrobras"
(NYSE: PBR) hereby announces that holders of US$299,159,000.00, or approximately 51.87%, of the outstanding 8.375% Global Notes due 2018 (the "2018 Notes", issued by Petrobras's wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF", tendered their 2018 Notes at or prior to 11:59 p.m., New York City time, on July 8, 2016 (the "Expiration Date", pursuant to PGF's previously announced offer to purchase and consent solicitation (the "Offer to Purchase and Consent Solicitation" made pursuant to the offer to purchase and consent solicitation statement dated May 17, 2016 (as amended or supplemented, the "Statement", and the related consent and letter of transmittal dated May 17, 2016 (as amended or supplemented, the "Consent and Letter of Transmittal".
PBR: 7.91 (-0.17)
Oil & Gas Drilling & Exploration Stocks Coverage -- Petroleo Brasileiro, Whiting Petroleum, Transocean, and Bill Barrett
PR Newswire - Fri Jul 08, 6:55AM CDT
On Thursday, July 07, 2016, the NASDAQ Composite ended the trading session at 4,876.81, up 0.36%; the Dow Jones Industrial Average edged 0.13% lower, to finish at 17,895.88; and the S&P 500 closed at 2,097.90, down 0.09%. The gains were broad based as five out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Petroleo Brasileiro S.A. (NYSE: PBR), Whiting Petroleum Corporation (NYSE: WLL), Transocean Ltd (NYSE: RIG), and Bill Barrett Corporation (NYSE: BBG). Learn more about these stocks by accessing their free notes at:
PBR: 7.91 (-0.17), WLL: 6.81 (+0.31), RIG: 10.05 (-0.20), BBG: 5.50 (unch)
Petrobras Announces The Pricing Of Reopening Of Outstanding Series Of Global Notes And Increase Of Tender Cap
PR Newswire - Thu Jul 07, 9:34PM CDT
Petróleo Brasileiro S.A. - Petrobras ("Petrobras" (NYSE: PBR) announces the pricing of additional notes of its 8.375% Global Notes due 2021 (CUSIP No. 71647N AP4 / ISIN No. US71647NAP42) (the "2021 Notes" and 8.750% Global Notes due 2026 (CUSIP No. 71647N AQ2 / ISIN No. US71647NAQ25) (the "2026 Notes" and, collectively with the 2021 Notes, the "Notes" to be issued by its wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF". The Notes will be unsecured obligations of PGF and will be fully and unconditionally guaranteed by Petrobras. The additional 2021 Notes will be consolidated, form a single series, and be fully fungible with PGF's outstanding U.S.$5,000,000,000 aggregate principal amount of 2021 Notes issued on May 23, 2016. The additional 2026 Notes will be consolidated, form a single series, and be fully fungible with PGF's outstanding U.S.$1,750,000,000 aggregate principal amount of 2026 Notes issued on May 23, 2016. Closing is expected to occur on July 13, 2016.
PBR: 7.91 (-0.17)
Petrobras Announces Reopening of Outstanding Series of Global Notes and Commencement of Cash Tender Offers
PR Newswire - Thu Jul 07, 7:43AM CDT
Petróleo Brasileiro S.A. - Petrobras ("Petrobras" (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF", plans to offer additional notes of its 8.375% Global Notes due 2021 (CUSIP No. 71647N AP4 / ISIN No. US71647NAP42) (the "2021 Notes" and 8.750% Global Notes due 2026 (CUSIP No. 71647N AQ2 / ISIN No. US71647NAQ25) (the "2026 Notes" and, collectively with the 2021 Notes, the "Notes", subject to market and other conditions. The Notes will be unsecured obligations of PGF and will be fully and unconditionally guaranteed by Petrobras. The additional 2021 Notes will be consolidated, form a single series, and be fully fungible with PGF's outstanding U.S.$5,000,000,000 aggregate principal amount of 2021 Notes issued on May 23, 2016. The additional 2026 Notes will be consolidated, form a single series, and be fully fungible with PGF's outstanding U.S.$1,750,000,000 aggregate principal amount of 2026 Notes issued on May 23, 2016. PGF intends to use the net proceeds from the sale of the Notes to repurchase notes validly tendered and accepted for purchase by PGF in the tender offers described below, and to use any remaining net proceeds for general corporate purposes.
PBR: 7.91 (-0.17)
Petrobras (PBR) to Divest Nine Shallow Water Oil Fields
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 10:00AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) is reportedly planning to divest nine shallow water oil fields in the northeastern states of Ceara and Sergipe.
PBR: 7.91 (-0.17), RDS.A: 49.71 (+0.13), BP: 33.45 (+0.27), CVX: 99.59 (+0.48)
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: 7.91 (-0.17), BAK: 11.31 (-0.38), MDR: 4.86 (+0.06), SSL: 26.38 (+0.41)
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: 7.91 (-0.17), MDR: 4.86 (+0.06), SSL: 26.38 (+0.41), PBFX: 21.74 (-0.10)
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: 7.91 (-0.17), RDS.A: 49.71 (+0.13), CHK: 4.90 (-0.19), COP: 39.79 (+0.18), XOM: 87.04 (+1.18), CVX: 99.59 (+0.48)
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: 7.91 (-0.17), MDR: 4.86 (+0.06), RDS.A: 49.71 (+0.13), XOM: 87.04 (+1.18)
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" (NYSE: PBR) hereby announces that its wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF" is amending the terms of its previously announced offer to purchase for cash any and all of PGF's 8.375% Global Notes due 2018 (the "2018 Notes", and the related solicitation of consents from the holders of 2018 Notes to (i) eliminate certain covenants and related provisions in the indenture pursuant to which the 2018 Notes were issued (the "2018 Notes Indenture" and the related guaranty by Petrobras (the "2018 Notes Guaranty" and (ii) to the execution and delivery of a supplement to the 2018 Notes Indenture and an amendment to the 2018 Notes Guaranty in order to effect such amendments (the "Offer to Purchase and Consent Solicitation".
PBR: 7.91 (-0.17)
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" (NYSE: PBR) hereby announces results and amendments with respect to the previously announced tender offers by its wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF".
PBR: 7.91 (-0.17)
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: 7.91 (-0.17), MDR: 4.86 (+0.06), MUSA: 74.47 (-0.67), PTR: 66.76 (-0.10)
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: 7.91 (-0.17), RIG: 10.05 (-0.20), TSO: 73.98 (-0.59), FTI: 24.61 (+0.41), SDRL: 2.56 (-0.18), CVX: 99.59 (+0.48), RDC: 14.00 (-0.51)
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: 7.91 (-0.17), MDR: 4.86 (+0.06), MUSA: 74.47 (-0.67), PTR: 66.76 (-0.10)
Exxon Mobil and 4 Other Energy Stocks to Buy This Summer
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 7:43AM CDT
We have introduced five oil stocks that have solid fundamentals and the possibility to outperform the broader U.S. equity market in an unpredictable oil pricing scenario.
PBR: 7.91 (-0.17), DO: 20.78 (-0.20), RIG: 10.05 (-0.20), XOM: 87.04 (+1.18), MRO: 12.90 (-0.02)
3 Reasons Value Stock Investors Will Love Petrobras (PBR)
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 7:34AM CDT
Petrobras (PBR) is looking impressive and might be the best for value investors in the near term.
PBR: 7.91 (-0.17)
Can The Uptrend Continue for Petroleo Brasileiro (PBR)?
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 5:52AM CDT
Investors certainly have to be happy with Petroleo Brasileiro SA Petrobras (PBR) and its short term performance.
PBR: 7.91 (-0.17)
Petrobras Starts Output from Tenth FPSO Unit at Lula Project
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 8:35AM CDT
Petrobras (PBR) declared the commencement of production from the Cidade de Saquarema floating production, storage and offloading (FPSO) vessel at the Lula oil field on Jul 8.
PBR: 7.91 (-0.17), RDS.A: 49.71 (+0.13), MTDR: 19.31 (-0.23), CVX: 99.59 (+0.48)
The Zacks Analyst Blog Highlights: Chevron, National Oilwell Varco, Exxon Mobil, Kinder Morgan and Petrobras
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 8:30AM CDT
The Zacks Analyst Blog Highlights: Chevron, National Oilwell Varco, Exxon Mobil, Kinder Morgan and Petrobras
KMI: 19.79 (+0.23), NOV: 31.91 (+0.47), PBR: 7.91 (-0.17), XOM: 87.04 (+1.18), CVX: 99.59 (+0.48)
Oil & Gas Stock Roundup: Chevron OKs $37B Tengiz Expansion, National Oilwell Teams Up with GE
Nilanjan Choudhury - Zacks Investment Research - Tue Jul 12, 10:31AM CDT
Chevron (CVX)-led consortium approved a $37 billion expansion for the Tengiz oilfield, while National Oilwell Varco (NOV) collaborated with GE to offer FPSO solutions.
KMI: 19.79 (+0.23), NOV: 31.91 (+0.47), PBR: 7.91 (-0.17), PXD: 159.58 (+2.35), RIG: 10.05 (-0.20), XOM: 87.04 (+1.18), CVX: 99.59 (+0.48)
Petrobras Announces Tender Results And Settlement Of Tender Offer And Consent Solicitation
PR Newswire - Mon Jul 11, 8:39AM CDT
Petróleo Brasileiro S.A. - Petrobras ("Petrobras"
(NYSE: PBR) hereby announces that holders of US$299,159,000.00, or approximately 51.87%, of the outstanding 8.375% Global Notes due 2018 (the "2018 Notes", issued by Petrobras's wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF", tendered their 2018 Notes at or prior to 11:59 p.m., New York City time, on July 8, 2016 (the "Expiration Date", pursuant to PGF's previously announced offer to purchase and consent solicitation (the "Offer to Purchase and Consent Solicitation" made pursuant to the offer to purchase and consent solicitation statement dated May 17, 2016 (as amended or supplemented, the "Statement", and the related consent and letter of transmittal dated May 17, 2016 (as amended or supplemented, the "Consent and Letter of Transmittal". PBR: 7.91 (-0.17)
Oil & Gas Drilling & Exploration Stocks Coverage -- Petroleo Brasileiro, Whiting Petroleum, Transocean, and Bill Barrett
PR Newswire - Fri Jul 08, 6:55AM CDT
On Thursday, July 07, 2016, the NASDAQ Composite ended the trading session at 4,876.81, up 0.36%; the Dow Jones Industrial Average edged 0.13% lower, to finish at 17,895.88; and the S&P 500 closed at 2,097.90, down 0.09%. The gains were broad based as five out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Petroleo Brasileiro S.A. (NYSE: PBR), Whiting Petroleum Corporation (NYSE: WLL), Transocean Ltd (NYSE: RIG), and Bill Barrett Corporation (NYSE: BBG). Learn more about these stocks by accessing their free notes at:
PBR: 7.91 (-0.17), WLL: 6.81 (+0.31), RIG: 10.05 (-0.20), BBG: 5.50 (unch)
Petrobras Announces The Pricing Of Reopening Of Outstanding Series Of Global Notes And Increase Of Tender Cap
PR Newswire - Thu Jul 07, 9:34PM CDT
Petróleo Brasileiro S.A. - Petrobras ("Petrobras"
(NYSE: PBR) announces the pricing of additional notes of its 8.375% Global Notes due 2021 (CUSIP No. 71647N AP4 / ISIN No. US71647NAP42) (the "2021 Notes" and 8.750% Global Notes due 2026 (CUSIP No. 71647N AQ2 / ISIN No. US71647NAQ25) (the "2026 Notes" and, collectively with the 2021 Notes, the "Notes" to be issued by its wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF". The Notes will be unsecured obligations of PGF and will be fully and unconditionally guaranteed by Petrobras. The additional 2021 Notes will be consolidated, form a single series, and be fully fungible with PGF's outstanding U.S.$5,000,000,000 aggregate principal amount of 2021 Notes issued on May 23, 2016. The additional 2026 Notes will be consolidated, form a single series, and be fully fungible with PGF's outstanding U.S.$1,750,000,000 aggregate principal amount of 2026 Notes issued on May 23, 2016. Closing is expected to occur on July 13, 2016. PBR: 7.91 (-0.17)
Petrobras Announces Reopening of Outstanding Series of Global Notes and Commencement of Cash Tender Offers
PR Newswire - Thu Jul 07, 7:43AM CDT
Petróleo Brasileiro S.A. - Petrobras ("Petrobras"
(NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF", plans to offer additional notes of its 8.375% Global Notes due 2021 (CUSIP No. 71647N AP4 / ISIN No. US71647NAP42) (the "2021 Notes" and 8.750% Global Notes due 2026 (CUSIP No. 71647N AQ2 / ISIN No. US71647NAQ25) (the "2026 Notes" and, collectively with the 2021 Notes, the "Notes", subject to market and other conditions. The Notes will be unsecured obligations of PGF and will be fully and unconditionally guaranteed by Petrobras. The additional 2021 Notes will be consolidated, form a single series, and be fully fungible with PGF's outstanding U.S.$5,000,000,000 aggregate principal amount of 2021 Notes issued on May 23, 2016. The additional 2026 Notes will be consolidated, form a single series, and be fully fungible with PGF's outstanding U.S.$1,750,000,000 aggregate principal amount of 2026 Notes issued on May 23, 2016. PGF intends to use the net proceeds from the sale of the Notes to repurchase notes validly tendered and accepted for purchase by PGF in the tender offers described below, and to use any remaining net proceeds for general corporate purposes. PBR: 7.91 (-0.17)
Petrobras (PBR) to Divest Nine Shallow Water Oil Fields
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 10:00AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) is reportedly planning to divest nine shallow water oil fields in the northeastern states of Ceara and Sergipe.
PBR: 7.91 (-0.17), RDS.A: 49.71 (+0.13), BP: 33.45 (+0.27), CVX: 99.59 (+0.48)
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: 7.91 (-0.17), BAK: 11.31 (-0.38), MDR: 4.86 (+0.06), SSL: 26.38 (+0.41)
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: 7.91 (-0.17), MDR: 4.86 (+0.06), SSL: 26.38 (+0.41), PBFX: 21.74 (-0.10)
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: 7.91 (-0.17), RDS.A: 49.71 (+0.13), CHK: 4.90 (-0.19), COP: 39.79 (+0.18), XOM: 87.04 (+1.18), CVX: 99.59 (+0.48)
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: 7.91 (-0.17), MDR: 4.86 (+0.06), RDS.A: 49.71 (+0.13), XOM: 87.04 (+1.18)
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"
(NYSE: PBR) hereby announces that its wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF" is amending the terms of its previously announced offer to purchase for cash any and all of PGF's 8.375% Global Notes due 2018 (the "2018 Notes", and the related solicitation of consents from the holders of 2018 Notes to (i) eliminate certain covenants and related provisions in the indenture pursuant to which the 2018 Notes were issued (the "2018 Notes Indenture" and the related guaranty by Petrobras (the "2018 Notes Guaranty" and (ii) to the execution and delivery of a supplement to the 2018 Notes Indenture and an amendment to the 2018 Notes Guaranty in order to effect such amendments (the "Offer to Purchase and Consent Solicitation". PBR: 7.91 (-0.17)
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"
(NYSE: PBR) hereby announces results and amendments with respect to the previously announced tender offers by its wholly-owned subsidiary Petrobras Global Finance B.V. ("PGF". PBR: 7.91 (-0.17)
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: 7.91 (-0.17), MDR: 4.86 (+0.06), MUSA: 74.47 (-0.67), PTR: 66.76 (-0.10)
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: 7.91 (-0.17), RIG: 10.05 (-0.20), TSO: 73.98 (-0.59), FTI: 24.61 (+0.41), SDRL: 2.56 (-0.18), CVX: 99.59 (+0.48), RDC: 14.00 (-0.51)
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: 7.91 (-0.17), MDR: 4.86 (+0.06), MUSA: 74.47 (-0.67), PTR: 66.76 (-0.10)
