|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||11.27 - 11.49|
|52-week range||6.96 - 11.49|
|PE ratio (TTM)||32.04|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||11.49|
Brazil's state-controlled oil company, Petroleo Brasileiro SA, agreed to pay $2.95 billion to settle a U.S. class action lawsuit brought by investors who claim they lost money as a result of a corruption scandal. Fred Katayama reports.
Jan.03 -- Bloomberg’s Paula Sambo discusses a $2.95 billion lawsuit settlement by Brazil’s state-run energy explorer Petrobras and what it may mean for the company. She speaks with Vonnie Quinn on "Bloomberg Markets."
Petrobras shows improving price performance, earning an upgrade to its IBD Relative Strength Rating
The Zacks Analyst Blog Highlights: Hess, Petrobras, Andeavor, Royal Dutch Shell and Cabot Oil & Gas
Global markets started the New Year on a strong note, notching up record gains.
A Relative Strength Rating upgrade for Petrobras shows improving technical performance. Will it continue?
The Zephirin Group's “Lenny” Zephirin takes a look at the offshore drilling market on Friday, writing that Brazil continues to play an important role in demand for rigs, a trend that looks set to continue for the next four years. He notes that on Thursday, Diamond Offshore Drilling (DO) announced it had reached an agreement in a long-standing dispute with Petrobras (PBR), relating to its Ocean Valor contract. While some may be happy about the resolution, Zephirin notes that the day rate is much lower than the original contract at $455,000 per day and the estimated standby rate at $430,oo0 per day. Ocean RIG UDW (ORIG – SELL) has two rigs that are up for renewal, the Mykonos (current rate at $455k/d Mar-18) and the Corcovado (current rate at $460k/d June- 18). Diamond is down 2.5% to $19, and Petrobras is up 0.3% to $11.04.
News that Petrobras SA is paying $2.95 billion to settle a corruption-related class-action lawsuit highlights risks of bribery that go beyond government enforcement efforts, experts say.
A Relative Strength Rating upgrade for Petroleo Brasileiro shows improving technical performance. Will it continue?
Brazilian state-run oil company Petróleo Brasileiro said it would pay one of the highest-value settlements in history to end a class-action lawsuit by U.S. investors who had sought to recoup corruption-related ...
RIO DE JANEIRO (AP) — Brazil's state-run oil giant Petrobras has agreed to pay $2.95 billion to settle lawsuits in the United States over the sprawling corruption scandal that has ensnared dozens of officials and business executives across Latin America.
Chevron's (CVX) implied volatility has risen from 14.2% on October 2, 2017, to its current level of 14.6%. During the same period, Chevron stock has risen 6.7%.
Petroleo Brasileiro (PBR) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.