Reuters: Petrobras to push for sale of TAG pipeline operator [Seeking Alpha]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
Company Research
Source: Seeking Alpha
Petrobras ( PBR ) expects to revive the sale of its TAG pipeline operator over the next month, if it can get a Supreme Court injunction lifted with the support of Brazil’s solicitor general, Reuters reports. PBR plans to use a section of Brazil’s 1997 oil law regarding privatizations in an appeal before the Supreme Court, according to the report. PBR was wrapping up exclusive talks with France’s Engie in July when the process was blocked by a Supreme Court injunction ordering asset sales by state companies to be approved by Congress; if PBR is allowed to proceed with the deal, it reportedly would finish drafting the sale contract with Engie and then allow new bids from two other groups interested in the gas pipeline network. See all stocks on the move » Now read: Why Offshore Drilling Stocks Lag Oil, And Other Interesting Questions » Subscribe for full text news in your inbox
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