Brazil’s Petrobras nears terms over TAG pipeline sale [Reuters]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
Company Research
Source: Reuters
Brazil’s Petrobras nears terms over TAG pipeline sale | Reuters 5 Min Read NEW YORK, Dec 7 (LPC) - Brazil’s state-controlled oil company Petróleo Brasileiro could present a new sale and purchase agreement (SPA) before the end of December for the sale of the Transportadora Associada de Gás (TAG) pipeline, after a US Supreme Court injunction in July stalled the sale. The sale of TAG, which operates natural gas pipelines in Brazil’s north and northeast, could fetch Petrobras as much as US$7bn, in one of the company’s largest-ever asset sales, three sources familiar with the process said. A new multibillion dollar syndicated loan is expected to finance the acquisition, two sources said. Petrobras unveiled a five-year investment plan on December 5 which outlined its plans to raise US$26.9bn via asset sales and partnerships and make US$84bn of investments by 2023. The plan is designed to cut Petrobras’ debt of US$88bn which is one of the biggest among oil majors, Reuters reported. Petrobras
Show less
Read more
Impact Snapshot
Event Time:
PBR.A
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PBR.A alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PBR.A alerts
High impacting Petroleo Brasileiro S.A.- Petrobras American Depositary Shares news events
Weekly update
A roundup of the hottest topics
PBR.A
News
- Petrobras Investors Come Out Ahead After Drama Over Dividends in Brazil [Financial Post (Toronto, Ontario, Canada)]Financial Post
- EMERGING MARKETS-Higher Treasury yields pressure Latam FX, Mexican stocks rise on strong corporate earnings [Yahoo! Finance]Yahoo! Finance
- Petrobras shareholders OK payout of 50% of withheld dividends [Seeking Alpha]Seeking Alpha
- UPDATE 1-Petrobras shareholders approve payout of 50% of withheld dividends [Yahoo! Finance]Yahoo! Finance
- Petrobras shareholders approve payout of 50% of withheld dividends [Reuters]Reuters