How Will Seadrill Ltd (NYSE:SDRL) Be Impacted Due To Customer Concentration

In an article published on “The Motley Fool”, the author highlighted one crucial risk that Seadrill Ltd (NYSE:SDRL) investors might not be aware about. As of now, the two big largest threat faced by investors are declining oil prices and the surplus of oil rigs, particularly of the ultra-deepwater, high margin variety. These two are […]

Stocks On Radar: Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Covidien plc (NYSE:COV), National Bank of Greece (ADR) (NYSE:NBG)

Boston, MA 10/16/2014 (wallstreetpr) – The integrated oil and gas producer from Brazil, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) saw the share price of its ADR plummet by nearly 9 percent to end at $15.55 at close of October 15th trading. The huge sell off is an continuation of the volatility the stock has been […]

Scandal hit Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) becomes part o a latest allegation by former director

Boston, MA 10/10/2014 (wallstreetpr) – Paulo Roberto Costa, a former director of the Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) and currency broker Alberto Youssef have claimed, while testifying in the Brazilian Court of Justice that the treasurer of the Workers’ Party, which is the present ruling party, had received bribes from various works that were […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Books Losses On President Rouseff’s Comments

Boston, MA 09/29/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) nosedived by more than 11% during opening trade session today after the Brazilian President Dilma Rousseff called the company’s contributions to fund 2010 candidacy of Rousseff is baseless. The comments referred to an newspaper article that appeared in the weekly edition of Veja, disclosing […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) – Exit On Any Bounce

Boston, MA 09/15/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) (Closed:16.38, Down:7.09%) kept crashing from the 22-month high at $20.94 it had hit earlier in the month, on the back of the pledge of higher fuel tax coming from the camp of Brazil’s Presidential candidate Marina Silva. It opened with a sharp gap down and kept […]

Foro Energy and Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Sign Technology Cooperation Agreement

Boston, MA 08/26/2014 (wallstreetpr) – According to reports, Foro Energy and Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) have decided to sign a technology cooperation agreement. The main agenda of this agreement is to initiate high power laser drilling research and development activities. This program will be initiated with the support of CENPES (Leopoldo Americo Miguez […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Won’t Dilute Shares Prior To 2030

Boston, MA 07/03/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) made an important announcement this week that should come as good news for shareholders. The company’s CEO said she don’t expect to issue new shares that would have a dilutive impact on the stock before 2030. The company has 2030 as the end horizon […]

These Stocks Will Get You Thinking: Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), American International Group Inc (NYSE:AIG), Lowe’s Companies, Inc. (NYSE:LOW)

Boston, MA 01/29/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is till marred in the Brazilian oil industry troubles. Although the company is making a lot of efforts to shore up its balance sheet, its divestment exercise in foreign assets is unfolding slowly and this is hurting the company’s efforts to boost production. As […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Attains Dream To Up Production

Boston, MA 01/13/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is keen on improving its oil production. The company has been selling its non-core assets to finance a boost to its production levels. And even there is already something to show for this effort. The company revealed that its production increased by 8 percent […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Wants To Reprice Fuel In 2014

Boston, MA 12/13/2013 (wallstreetpr) –  A lot of water has flown since Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) announced that it is looking at increasing the prices of fuels it wishes to sell by next year. The Chief executive officer of Petrobras has announced that such a rise would help the company bring the prices of […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Restrained By Low Production

Boston, MA 12/12/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is the largest Latin American publicly traded oil company. The company is controlled by the Brazilian government and the market gives it a value of $87.66 billion. The company imports fuel and sells it at reduced domestic prices. And this is one of the […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Divesting Plan In Slow Gear

Boston, MA 11/27/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has a plan, a plan that could change its misfortunes in terms of declining profits in recent times. The company stated that it seeks to liquidate some of its foreign assets valued at $9.9 billion. Some of these assets are in Africa and Gulf of […]

A New Fuel Pricing Formula To Save Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)

Boston, MA 11/04/2013 (wallstreetpr) – It seems that government sees some sense in what state controlled energy giant Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) had proposed as a new pricing formula. The Brazilian head of the state Dilma Rousseff has agreed in-principle to all the company to raise domestic prices of various petroleum products and fuels based […]

Turbulent Times At Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)

Boston, MA 10/30/2013 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) seems to be experiencing turbulent times in the energy sector especially after recording net earnings totaling $1.6billion decline of 39% as compared to the same quarter in F2012. The earnings fell relatively below analysts’ consensus driven by stagnant crude oil output. The company claims imports […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) ADR Rise 9% Despite Receding Q3 Profits

Boston, MA 10/29/2013 (wallstreetpr) – Despite a significant 39% drop in net third-quarter profits, ADR prices of Brazil’s state-owned petroleum and natural gas company Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shot up 9%, riding on a strong three-month overall rise of 23%. Brazil’s largest oil company Petroleo Brasileiro (Petrobras) registered receding net profit margins of $1.56 billion […]