|Bid||0.00 x 42300|
|Ask||14.75 x 4000|
|Day's Range||14.38 - 14.55|
|52 Week Range||7.55 - 15.51|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||19.69|
|Forward Dividend & Yield||0.47 (3.24%)|
|1y Target Est||15.84|
Most Latin American stock markets rose on Thursday, with Brazil leading the pack, while Latin American currencies broadly firmed against a soft dollar. Brazil's pensions secretary said President Jair Bolsonaro's ...
Shell Strengthened Last Year: Where’s It Headed?(Continued from Prior Part)Analysts’ ratings for ShellOf the 11 analysts covering Royal Dutch Shell (RDS.A), nine (82%) recommend “buy” or “strong buy,” and two recommend “hold.”
A Brazilian analyst thinks Petrobras’ divestment program and new CEO could send the shares 27% higher from its current price levels
RIO DE JANEIRO/HOUSTON (Reuters) - The FBI is investigating energy trading firm Vitol's top two executives in the Americas in connection with a Brazil bribery case, two sources with direct knowledge of the matter said, deepening the U.S. role in a probe of foreign oil firms' dealings with state-controlled Petrobras. The FBI's targeting of the Vitol executives is the second recent sign that U.S. authorities are stepping up their involvement in the trading fraud case, the latest twist in Brazil's sweeping "Car Wash" corruption probe. Miguel "Mike" Loya, Vitol's U.S. head, and Antonio Maarraoui, the company's head for Latin American and the Caribbean, are under investigation by the U.S. law enforcement agency, the sources told Reuters, speaking on condition of anonymity.
Most Latin American stock markets rose on Tuesday, buoyed by hopes of a U.S.-China trade deal as they more than recovered ground lost during the previous session, while resurgent risk appetite strengthened ...
If the company can grow production at a reasonable rate and use its free cash flow to bring down debt, the stock should benefit.
Brazil's state-run oil company Petroleo Brasileiro SA said in a securities filing on Tuesday it will sell 3.6 billion reais in non-convertible debentures, a local debt security. Proceeds will be used in ...
Brazil's state-controlled oil company Petrobras and France's Engie SA expect to reach a final version of the sale contract for the sale of a gas pipeline network next week, Valor Economico newspaper reported on Tuesday, citing one source. Exclusive talks between Petroleo Brasileiro SA and Engie for gas pipeline network TAG, interrupted by court decisions, were resumed last month.
Swiss authorities are assisting Brazilian prosecutors in their investigation into an alleged corruption scheme involving global commodity trading firms Vitol, Glencore and Trafigura, a spokesman for the Office of the Attorney General of Switzerland said on Monday. The spokesman said the attorney general's office had received requests between June 2018 and January 2019 for "mutual legal assistance" from Brazilian prosecutors relating to their probe. Brazilian prosecutors have alleged that executives of the commodities companies, including some in the United States, were involved in improper payments to executives at Brazil's state-run oil firm Petroleo Brasileiro SA.
Total’s Fourth-Quarter Segmental Earnings Rose(Continued from Prior Part)Implied volatility in Total We started this series by discussing Total’s (TOT) segmental earnings in the fourth quarter. We reviewed Total’s stock performance after its
The former oil trader for state-controlled producer Petroleo Brasileiro SA bought clothes in outlet malls and sent his two daughters to public school. While some of the suspects had surfaced in previous corruption investigations in Brazil, this time a new name came up: Berkowitz. Brazilian prosecutors said that the 39-year-old trader was among a group of former Petrobras employees accused of taking more than $31 million in bribes from intermediaries linked to some of the biggest commodity-trading firms in the world -- Glencore Plc, Vitol Group and Trafigura Ltd. -- between 2011 and 2014.
Total’s Fourth-Quarter Segmental Earnings Rose(Continued from Prior Part)Analysts’ ratings for TotalTotal (TOT) released its fourth-quarter earnings on February 7. In this part, we’ll discuss analysts’ ratings for Total after its earnings.
The U.S. Justice Department and Federal Bureau of Investigation have also started working on the investigation, first announced by Brazilian authorities in December, that includes trading companies Trafigura Group Ltd., Vitol Group and Glencore Plc, said Filipe Pace, head of the so-called Carwash probe. The Justice Department declined to comment Thursday.
Brazil's state-run oil company Petroleo Brasileiro SA said on Thursday it will make a $622 million provision to pay for an arbitration decision in favor of U.S.-based Vantage Deepwater Co. Vantage won ...
BP’s Q4 Earnings Beat the Estimate, Stock Rose 3%(Continued from Prior Part)BP We started this series by examining BP’s (BP) segmental earnings in the fourth quarter. BP’s earnings rose and beat analysts’ estimates. We discussed BP stock,
Brazilian oil major Petroleo Brasileiro SA said in a securities filing on Wednesday that it has not been notified about a potential claim filed by a group of minority investors at a local arbitration court. The claim by a local minority shareholders' association seeks compensation for the loss of value in Petrobras shares resulting from the corruption scheme revealed in the so-called Car Wash probe, financial paper Valor reported. Petrobras said in the filing that it was a victim of the scheme and has already recovered more than 3.2 billion reais ($866.6 million) in losses related to the scam.
Chevron Posted Strong Q4 Numbers, Stock Rose(Continued from Prior Part)Implied volatilityIn the previous part, we discussed analysts’ ratings for Chevron (CVX). In this part, we’ll discuss the changes in Chevron’s implied volatility. We’ll
Chevron Posted Strong Q4 Numbers, Stock Rose(Continued from Prior Part)Analysts’ ratings for ChevronIn this series, we have discussed Chevron’s (CVX) fourth-quarter segmental earnings. We also discussed Chevron’s stock performance after its
Chevron Posted Strong Q4 Numbers, Stock Rose(Continued from Prior Part)Chevron’s stock performanceChevron (CVX) announced its fourth-quarter results on February 1. Chevron stock opened at $116.7 per share, which was higher than its previous close
ExxonMobil Posted Its Q4 Earnings, Stock Rose 4%(Continued from Prior Part)Analysts’ recommendationsWe started this series by examining ExxonMobil’s (XOM) segmental earnings in the fourth quarter. We discussed ExxonMobil’s stock performance
California-based Chevron Corp. (NYSE: CVX), which has a major presence in Houston, is indeed buying a local refinery from from Brazil’s state-run oil company, Petróleo Brasileiro SA (NYSE: PBR), commonly known as Petrobras. Chevron U.S.A. Inc. agreed to acquire Pasadena Refining System Inc., which includes the refinery in Pasadena, and PRSI Trading LLC for $350 million, excluding working capital, from Petrobras America Inc., according to Chevron’s press release.
Chevron to Acquire a Refinery from PetrobrasChevron acquires a refinery from Petrobras Chevron (CVX) has agreed to acquire PRSI (Pasadena Refining System) from Petrobras (PBR) for $350 million—excluding working capital. PRSI includes a refinery in
Brazilian state-run oil company Petroleo Brasileiro SA said on Thursday that its board had approved the nominations of Eduardo Bacellar Leal Ferreira to be its chairman and João Cox as a board member. ...