Petrobras kick-starts divestment process for Gulf of Mexico assets

02:09pm, Wednesday, 16'th Feb 2022 Offshore Energy
Petrobras has started a non-binding phase for the sale of its interest in a company, which holds E&P assets in the Gulf of Mexico. The post Petrobras kick-starts divestment process for Gulf of Mexico assets appeared first on Offshore Energy .

Petrobras kicks off Gulf of Mexico asset sales

01:32pm, Wednesday, 16'th Feb 2022 Seeking Alpha
In line with announcements made in Q4 of 2021, Petrobras (PBR) kicked off the Company''s asset sale program in the Gulf of Mexico Wednesday
Petrobras (PBR) closed the most recent trading day at $13.77, moving -1.5% from the previous trading session.
Brazil's Supreme Court annulled on Monday a previous court decision that would have required state-run oil company Petrobras to pay billions of dollar in a labor dispute involving additional wages for
Brazil's Petrobras (PBR) declares record pre-salt production and gas usage.
Petrobras: I'm Buying This Covered 15% Dividend, With Caution
Petroleo Brasileiro S.A. Petrobras - ADR (PBR) shares closed 0.9% higher than its previous 52 week high, giving the company a market cap of $85B. The stock is currently up 23.8% year-to-date, up 54.4% over the past 12 months, and up 59.5% over the past five years. This week, the Dow Jones Industrial Average rose 0.4%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 21.0% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 41.8% The company's stock price performance over the past 12 months lags the peer average by -9.8% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -113.6% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.
BRASILIA (Reuters) Former Leftist President Luiz Inacio Lula da Silva, who is leading early polls ahead of October elections, said on Wednesday he would propose less taxation on the poor and more on the rich if he wins, and reduce fuel prices. Speaking on radio interviews, Lula said he would propose raising the income Read More
A controversy over fuel prices on Brazil’s campaign trail is signaling the good times for the state-owned oil firm may not last
Petrobras (PBR) sells its total interest in Alagoas Cluster to Origem Energia in a deal valued at $300 million.
Petrobras has reduced its net financial debt to less than 1X the adjusted free cash flow and this paves the way for dividends. The company is basically guiding to pay $10/ADR in dividends between now
Here is how Petrobras (PBR) and Galp Energia SGPS SA (GLPEY) have performed compared to their sector so far this year.
Petrobras (PBR) sells its total stake in Potiguar fields to 3R Potiguar in a deal valued at $1.38 billion.
Petrobras <> disclosed a $1.38B sale of a refinery and 22 oil and gas producing fields in the Potiguar Cluster in Brazil''s Rio Grande do Norte state to 3R Petroleum, part of…
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE