Brazil's state-owned oil giant Petrobras (NYSE: PBR) is one of the country's brightest economic gems and most embarrassing political black eyes. The tug-of-war being waged between these identities has been playing out in real …
Related: World's most corrupt industries Petrobras (PBRA) stock has fallen 53% since September when the scandal first erupted. Its credit default swaps, indicating the risk investors attach to the company, soared over 200 basis points this …
How Is Petrobras Handling Hard Times? (Continued from Prior Part) Integrated energy stocks rise In 2016, integrated energy stocks have been rising since February due to firming oil prices backed by the possibility of consensus among …
Petroleo Brasileiro Petrobras SA (NYSE: PBR) has dived in the last year, with shares falling 36%. Macro conditions in Brazil have not been particularly strong and some investors have begun to worry about political risk attached to the …
SAO PAULO/RIO DE JANEIRO (Reuters) - Brazilian oil giant Petrobras said on Friday its massive share issue could reach $79 billion, expanding what was already the largest stock offer in history in a possible sign of strong investor …
Petroleo Brasileiro S.A. (PBR), more commonly known as Petrobras, reported a surprise 3Q loss of about $5.4 billion. PBR stock fell 8.66% Thursday on the news, closing at $10.34. The stock price continued to slide Friday, currently …
Additionally, new sources of shale oil are proving more reliable and convenient than such precarious deepwater drilling operations So it's time to sell Petroleo Brasileiro S.A. (NYSE ADR: PBR) (**), before the only thing getting drilled is its …
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional …
Brazil's state-owned oil giant Petrobras (NYSE: PBR) is one of the country's brightest economic gems and most embarrassing political black eyes. The tug-of-war being waged between these identities has been playing out in real …