Friday, July 13, 2018

PETROLEO BRASIL/RED PFD sh (PBR.A) Shares Gap Up to $8.95

PETROLEO BRASIL/RED PFD sh (NYSE:PBR.A) gapped up before the market opened on Thursday . The stock had previously closed at $8.74, but opened at $8.95. PETROLEO BRASIL/RED PFD sh shares last traded at $9.26, with a volume of 5181313 shares.

The company has a market capitalization of $60.92 billion, a P/E ratio of 14.83 and a beta of 2.49. The company has a current ratio of 1.86, a quick ratio of 1.49 and a debt-to-equity ratio of 1.17.

PETROLEO BRASIL/RED PFD sh (NYSE:PBR.A) last released its quarterly earnings data on Tuesday, May 8th. The oil and gas exploration company reported $0.32 earnings per share (EPS) for the quarter. The firm had revenue of $22.96 billion for the quarter. PETROLEO BRASIL/RED PFD sh had a net margin of 0.71% and a return on equity of 5.10%.

About PETROLEO BRASIL/RED PFD sh

Petroleo Brasileiro SA-Petrobras specializes in the oil, natural gas and energy industry. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora SA, and Corporate.

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