Post Tagged with: "Ticker: PBR"

Petrobras Posts $5.1 Billion Loss

Petrobras Posts $5.1 Billion Loss

Analysts expected Petrobras to report positive numbers this quarter, but write-downs dragged

Brazil’s state-owned Petrobras (ticker: PBR) saw its stock drop about 5% in the opening minutes of its call as the company reported a 16.5 billion Brazilian reais ($5.1 …

November 11, 2016 - 5:02 pm — Closing Bell Story‎, Earnings, Exploration and Production (E&P), Oil and Gas 360 Articles
Petrobras and Total Sign MOU for International Cooperation on Upstream and Downstream Projects

Petrobras and Total Sign MOU for International Cooperation on Upstream and Downstream Projects

Petrobras and Total partnership to focus on upstream, gas and power

The heads of Brazil’s state-owned Petrobras (ticker: PBR) and French oil major Total (ticker: TOT) announced today that the two companies signed a memorandum of understanding (MOU) to cooperate …

October 24, 2016 - 6:50 pm — Closing Bell Story‎, Exploration and Production (E&P), International, Oil and Gas 360 Articles
Petrobras to Speed Up Divestitures, Cut Investments 25%

Petrobras to Speed Up Divestitures, Cut Investments 25%

Petrobras plans to reduce its $124 billion debt, dropping its debt-to-EBITDA to 2.5 by 2018

Brazil’s state-owned Petroleo Brasileiro (ticker: PBR) released both its strategic, and business and management plans for 2017 to 2021 as the company looks to rebuild …

September 20, 2016 - 4:24 pm — Closing Bell Story‎, Exploration and Production (E&P), International, Oil and Gas 360 Articles
Petrobras Revisits Debt Markets with Issuance of “Century Bond”

Petrobras Revisits Debt Markets with Issuance of “Century Bond”

Petrobras (ticker: PBR) expects to raise US$2.5 billion through the issuance of 100-year global notes, the company announced on June 1, 2015. The notes include an annual yield of 8.45% and were issued at $0.81 on the dollar, enticing about …

June 2, 2015 - 6:53 pm — Exploration and Production (E&P), Oil and Gas 360 Articles
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