Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Venezuela's Oil Reset Has Finally Begun [Yahoo! Finance]

MACQUARIE GROUP LTD S/ADR (MQBKY) 
NASDAQ:AMEX Investor Relations: macquarie.com/us/about/investors
Company Research Source: Yahoo! Finance
petro-state that sits atop the world's largest proven oil reserves yet produces barely a sliver of its potential. After two decades of mismanagement, sanctions, and collapsing infrastructure hollowed out Petróleos de Venezuela, S.A. (PDVSA) and drove output to historic lows, Washington is now betting that a rapid, U.S.-directed revival can turn the country from a stranded giant into a strategic asset. The plan goes far beyond marketing the crude already in storage: it aims to rewire Venezuela's oil industry, reshape investment rules, and pull the country out of the orbit of Russia and China -- with implications stretching well beyond the Orinoco Belt. Despite the damaging effects of increased state control under former President Hugo Chávez and the successive administration of Maduro, Venezuela's oil potential remains enormous. It still holds the world's largest proven crude reserves -- roughly 303 billion barrels, or about 17% of the global total. Most of this is extra-heavy crude Show less Read more
Impact Snapshot
Event Time:
MQBKY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MQBKY alerts
Opt-in for
MQBKY alerts

from News Quantified
Opt-in for
MQBKY alerts

from News Quantified