News
PBR
15.21
+1.88%
0.28
Trafigura to Pay $127 Million to Settle U.S. Bribery Charges
Swiss trading company Trafigura pleads guilty to bribing Brazilian officials to secure business with the country's state-owned oil company. The Justice Department says the company made $61 million in profits from the bribery scheme. The company pleaded guilty and agreed to pay nearly $127 million in the settlement.
The Wall Street Journal · 16h ago
WTI Crude Oil (CM:CL) Slips amid Soft Demand, Stronger Dollar
TipRanks · 1d ago
Petroleo Brasileiro S.A.- Petrobras (PBR) Is a Trending Stock: Facts to Know Before Betting on It
NASDAQ · 2d ago
Petrobras raised to Buy at HSBC on 'valuation opportunity'
Energy Petrobras raised to Buy at HSBC on 'valuation opportunity' HSBC upgrades to Buy from Hold with an $18 price target for the stock. The company's stock is up 2.2% in Monday's trading. HSBC sees the stock's recent price decline as a further opportunity to add to positions.
Seeking Alpha · 3d ago
Petrobras Is Maintained at Buy by UBS
Dow Jones · 3d ago
Petrobras Price Target Raised to $17.40/Share From $17.20 by UBS
Dow Jones · 3d ago
UBS Maintains Buy on Petrobras Brasileiro, Raises Price Target to $17.4
Benzinga · 3d ago
Chevron (CVX) to Pay Settlement Worth $13M for Oil Spills
NASDAQ · 3d ago
Equinor's (EQNR) New Finds Broaden Norway's Oil & Gas Frontiers
NASDAQ · 3d ago
Petrobras Raised to Buy From Hold by HSBC
Dow Jones · 4d ago
Petrobras Price Target Announced at $18.00/Share by HSBC
Dow Jones · 4d ago
HSBC Upgrades Petrobras Brasileiro to Buy, Announces $18 Price Target
Benzinga · 4d ago
Weekly Report: what happened at PBR last week (0318-0322)?
Weekly Report · 4d ago
Petrobras Weathers Political Storm: Equity Falls, Bonds Hold Steady Amid Dividend Drama
Petrobras, the Brazilian state-owned oil producer, faced a significant equity sell-off after deciding against paying a special dividend. The company's preferred shares dropped 11%, erasing approximately $11.7 billion in market value. Petrobras' bonds due in 2033 remained stable post-dividend decision. The firm maintains a strong financial position with a net debt to EBITDA ratio below 1.
Barchart · 03/21 10:30
EMERGING MARKETS-Latam markets jump as dollar dips after Fed verdict, Brazil decision on tap
Latam markets jump as dollar dips after Fed keeps rates, 2024 policy outlook unchanged. MSCI index of regional stocks rises to its highest in one month. Latin American currencies broadly rise against the dollar. Mexican peso jumps ahead of central bank decision on Thursday. Brazil expected to ease policy by additional 50 basis points. Colombia government asks congress to OK up to $17.6 bln debt.
Reuters · 03/20 21:00
CERAWEEK-Petrobras exec says offshore Colombia project could find enough gas for exports
Petrobras exec says offshore Colombia project could find enough gas for exports. Brazil state-run company is drilling two wells this year off Colombia's coast. Petrobras is expanding its horizons to the Equatorial Margin, Colombia and Africa. Colombia's government has asked the company to speed up the project.
Reuters · 03/20 20:13
Petrobras may move rig out of Equatorial Margin with permits slowed, exec says
Energy Petrobras may move rig out of Equatorial Margin with permits slowed, exec says. Brazil's environmental regulator has been slow to issue new permits for more wells. Company's decision to skip a special dividend triggered a stock selloff, but bondholders are unscathed.
Seeking Alpha · 03/20 19:57
Brazil's Finance minister to push for release of Petrobras' extra dividends
Brazil's Finance minister to push for release of Petrobras' extra dividends. On March 7, the state-run oil firm withheld extra dividends anticipated by investors. Sources say Fernando Haddad will argue the government would be the main beneficiary of the release. Lula's decision to withhold extra dividends sparked fears of political interference.
Reuters · 03/20 17:41
Petrobras (PBR) to Drill Two Exploration Wells in Colombia
NASDAQ · 03/20 11:59
CERAWEEK-Big Oil executives push back against calls for fast energy transition
Top oil executives oppose calls for a quick move away from fossil fuels. Big oil companies have written down renewable energy projects. Saudi Aramco CEO says society would pay a steep cost to replace oil and gas. U.S. Energy secretary pushes back against calls for fast energy transition.
Reuters · 03/18 20:54
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About PBR
Petroleo Brasileiro S.A.-Petrobras specializes in the oil, natural gas and energy industry. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora S.A., and Corporate.