Petrobras may exit Brazil exchange's good governance program - Reuters [Seeking Alpha]
Petroleo Brasileiro S.A.- Petrobras (PBR)
US:NYSE Investor Relations:
investidorpetrobras.com.br/en
Company Research
Source: Seeking Alpha
Petrobras may exit Brazil exchange's good governance program - Reuters - Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) | Seeking Alpha Energy Petrobras may exit Brazil exchange's good governance program - Reuters Jul. 12, 2019 3:48 PM ET | Petróleo Brasileiro S.A. - ... (PBR) Carl Surran Petrobras ( +0.7% considering ending its participation Sources say CEO Roberto Castello Branco believes the measures required by the program add little tangible value to the company's compliance efforts and divert resources that could be better used elsewhere, according to the report. PBR says it has improved compliance protocols in recent years and that many requirements of the exchange's program already are part of Brazilian law, so leaving the program would not necessarily weaken its corporate governance. Click to subscribe to real-time analytics on PBR Now read: Oasis Petroleum: A Look At Its 2019 Situation » Subscribe
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News
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $15.40 to $17.00. They now have a "buy" rating on the stock.MarketBeat
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) was downgraded by analysts at Hsbc Global Res from a "strong-buy" rating to a "hold" rating.MarketBeat
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) was downgraded by analysts at HSBC Holdings plc from a "buy" rating to a "hold" rating.MarketBeat
- Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $19.00 price target on the stock, up previously from $16.50.MarketBeat
- PETROBRAS ANNOUNCES CLOSING OF OFFERING OF U.S. DOLLAR-DENOMINATED GLOBAL NOTES AND FINAL RESULTS AND SETTLEMENT OF CASH TENDER OFFERSPR Newswire
PBR
Sec Filings
- 11/12/24 - Form 6-K
- 11/8/24 - Form 6-K
- 11/8/24 - Form 6-K
- PBR's page on the SEC website