Petrobras is one of the most interesting stock stories over the past few years. It wasn’t long ago this massive Brazilian energy company made the largest oil find in history. That was the main contributor for a meteoric rise in the stock price.
Petrobras is having a strong start to the day in the market today, and for good reason. The company's CEO announced that Exxon Mobil (XOM) has expressed interest in a partnership with the Petrobras. As a result, investor excitement …
With that in mind, it is just possible that Petrobras’ ADRs may in fact be the riskiest oil stock in the world. Get the latest Oil WTI price here.
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 …
MSN1mon
Jim Chanos spoke with Bloomberg Television anchor Stephanie Ruhle from the Robin Hood Investor’s Conference in New York today. Chanos described Petrobras as a “scheme,” saying that optimism it will benefit if Dilma Rousseff is voted …
Petrobrasstock has been a disaster for investors for years. Even when virtually every other oil company on the planet was seeing their stock move higher, PBR still somehow managed to sink further and further into the red as investors …
Duff & Phelps Investment Management Co. now owns 1,187,323 shares of the oil and gas exploration company's stock valued at $11,506,000 after buying an additional 242,694 shares during the last quarter. The stock decreased 0.05% or …
It wasn't in London. It wasn't in New York. It was here in São Paulo," then-President Luiz Inácio "Lula" da Silva said of Petróleo Brasileiro's stock sale, a record at the time. "Petrobras is an extraordinary triumph for Brazil's achievement."
Brazilian stocks are getting crushed today, as corruption allegations swirl around President Michel Temer. This has PBR stock 13.2% lower at $8.93, on the short-sale restricted (SSR) list, and on pace for its lowest close since August. This …
The stock, after opening at $9.20, closed at $9.21 by scoring 2.22%. The company's last traded volume of 4.4 million shares was up it's an average volume of 6.41 million shares. The average true range of the stock is observed at 0.32 …