Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Bolsa de valores de Sao Paulo  >  Petroleo Brasileiro SA Petrobras    PETR4   BRPETRACNPR6

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Petroleo Brasileiro Petrobras SA : Brazil's Rousseff Meets Nigerian Leader for Trade Talks

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/23/2013 | 01:04pm CEST

ABUJA (AFP)--Brazil's President Dilma Rousseff met with Nigeria's leader Goodluck Jonathan in Abuja on Saturday for talks that were expected to focus on boosting trade, notably in the energy sector.

Oil-rich Nigeria is Brazil's main commercial partner in Africa, with bilateral trade soaring 500% from $1.5 billion in 2002 to $9 billion last year.

Brazil's state-owned oil company Petrobras (PBR, PETR4.BR) has invested hundreds of millions of dollars in Nigeria's coal, oil, natural gas and alternative energy sectors.

Experts say that Brazil is looking to expand energy ties with Nigeria, Africa's top oil producer, to fuel its growing economy.

At a major industry conference in Abuja last month, Nigeria's Oil Minister Diezani Alison-Madueke said that growing oil and gas production in the United States had begun affecting Nigerian exports and that the west African nation would have to look to different markets.

The fall is US exports was due in part to a rise in American shale oil production, including through new technologies like fracking, Alison-Madueke said.

Rousseff arrived in Nigeria after attending the Africa-South America summit in Equatorial Guinea, also a significant west African oil producer.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PETROLEO BRASILEIRO SA PET
09/19 PETROBRAS : - Certain Investors and Private Exchange Offers for 5 Series of Note..
09/19 PETROBRAS : - Oil and natural gas production in August
09/19 PETROLEO BRASILEIRO PETROBRAS : Karoon Clarifies Brazil Strategy
09/18 PETROLEO BRASILEIRO PETROBRAS : Oil and natural gas output in August
09/16 PETROLEO BRASILEIRO PETROBRAS : Oil and natural gas production in August
09/14 PETROLEO BRASILEIRO PETROBRAS : Shell & Petrobras Sign Technical Cooperation Agr..
09/14 PETROLEO BRASILEIRO PETROBRAS : Shell and Petrobras Sign Deal to Develop Pre-Sal..
09/14 PETROLEO BRASILEIRO PETROBRAS : Petrobras approves settlement with investors to ..
09/13 PETROLEO BRASILEIRO PETROBRAS : Pre-payment of bank debt and new financing
09/13 PETROBRAS PENSION PLAN (PETROS) : Deficit Equating Plan
More news
News from SeekingAlpha
09/19 Chicago Bridge & Iron's Epic Rebound
09/18 Petrobras to replace costlier debt in planned $2B bond sale
09/15 Braskem signs $10M settlement in U.S. class action lawsuit
09/13 Shell, Petrobras form partnership to develop Brazil's pre-salt fields
09/10 An 11% Yield, Record Earnings And Strong Coverage For This High Yield LP
Financials ( BRL)
Sales 2017 293 B
EBIT 2017 51 477 M
Net income 2017 18 571 M
Debt 2017 301 B
Yield 2017 4,95%
P/E ratio 2017 11,93
P/E ratio 2018 9,36
EV / Sales 2017 1,72x
EV / Sales 2018 1,52x
Capitalization 202 B
Chart PETROLEO BRASILEIRO SA PET
Duration : Period :
Petroleo Brasileiro SA Pet Technical Analysis Chart | PETR4 | BRPETRACNPR6 | 4-Traders
Technical analysis trends PETROLEO BRASILEIRO SA PET
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 17,8  BRL
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Pedro Pullen Parente President, CEO & Executive Director
Luiz Nelson Guedes de Carvalho Chairman
Ivan de Souza Monteiro Chief Financial & Investor Relations Officer
Roberto Moro Chief Engineering & Technology Officer
Segen Farid Estefen Director
Sector and Competitors
1st jan.Capitalization (M$)
PETROLEO BRASILEIRO SA PETROBRAS1.14%64 615
ROYAL DUTCH SHELL-7.66%239 074
PETROCHINA COMPANY LIMITED0.38%209 912
TOTAL-7.79%134 210
STATOIL-3.47%63 948
ENI-10.73%58 638