Petroleo Brasileiro Aktuell 2014 (Seite 226)

[Jagdhornboxer]

heute nochmal Faktor zu 0,11 nachgelegt...Faktoren scheint es nur aufs ADR zu geben...die sind wenigstens in USA notiert, dennoch vielleicht weniger dubios als in BR

[Expertchen007]

ich will das Faktor Zerti drauf ..aber nur als EK 0,11 ...also müsste der Kurs netterweise ganz zart noch runter...wenn möglich


Faktor 5x Long Zertifikat auf Petroleo Brasileiro ADR Chart
WKN: CR524W

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Warum eigentlich das ADR...gibt auch den Einzelwert ??

Petroleo Brasileiro ADR 541501 PBR Erdöl/Erdgas
Petroleo Brasileiro Pfd 899019 Erdöl/Erdgas

[DomRuinart]

Are Petrobras Investors In For A Surprise?

February 23, 2015 12:28pm 

Brazilian state-run energy giant Petroleo Brasileiro Petrobras SA (ADR) PBR 2.1% is expected to release its fourth-quarter 2014 results on Tuesday, Feb 24.

In the preceding three-month period, Petrobras delivered a negative 32.14 percent earnings surprise – the third underperformance in a row – hampered by lower crude price realization.

Let's see how things are shaping up for this announcement.

Why a Likely Positive Surprise?

Our proven model shows that Petrobras is likely to beat earnings because it has the perfect combination of two key ingredients.

Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, stands at +57.14%. This is because the Most Accurate estimate stands at 44 cents, whereas the Zacks Consensus Estimate is pegged lower at 28 cents. A favorable Zacks ESP serves as a meaningful and leading indicator of a likely positive earnings surprise.

Zacks Rank: Petrobras currently has a Zacks Rank #3 (Hold). Note that stocks with Zacks Rank #1, 2 or 3 have a significantly higher chance of beating earnings estimates. Conversely, Sell-rated stocks (Zacks Rank #4 or 5) should never be considered going into an earnings announcement.

The combination of Petrobras' Zacks Rank #3 and +57.14 percent ESP makes us reasonably confident of an earnings beat at the company.

What is Driving the Better-than-Expected Earnings?

We believe that continued demand growth in Brazil (expected to outperform developed countries in the next few years), together with all the new investments and acquisitions, will fuel Petrobras' medium-term earnings outlook. Additionally, we expect the company to benefit from its expertise in deep-water operations, its huge recent discoveries (which could double its resource base) and the growing domestic refined products market.

The recent increase in fuel prices (announced in November) should also benefit Petrobras. The move would not only boost the state-run energy major's margins but also cut its import losses.

Quelle: Benzinga

[sdaktien]

Wäre interessant, was das jetzt für den Umsatz und das Ergebnis bedeutet. Man versucht sich gerade an einer Bodenbildung. Vielleicht zeigt sich sowas wie ein Hoffnungsschimmer mit einem stabilen Ölpreis und der Überwindung des Korruptionskandals.

[OttoOttoOttoOtto]

Petrobras announces that its total domestic oil and natural gas production in January 2015 was 2.661 million barrels of oil equivalent per day (boed), averaging about the same as December of last year (2.675 million boed).

The total domestic oil and natural gas production operated by Petrobras, including the share operated for its partner companies, was 2.910 million boed, averaging about the same as December 2014 (2.917 million boed).

Petrobras’s domestic oil production fell by 0.9% from December’s production of 2.212 million bpd to 2.192 million bpd in January, while domestic oil production operated by Petrobras, including the share operated for its partner companies, fell by 0.7% from 2.386 million bpd in the previous month to 2.370 million bpd in January.

The slight in production seen in January is primarily due to the operations shutdown of FPSO Marlim Sul, in Marlim Sul field, Campos Basin, and the completion of the extended well test in Berbigão field, Santos Basin, by FPSO Dynamic Producer.

New wells in production

The demobilization of the two FPSOs that took place in January was offset by a rise in output from the start-up of new wells on FPSO Mangaratiba, in Lula field, Santos Basin, and on platforms P-52 and P-62, in Roncador field, Campos Basin. Seven new offshore wells began operating in the Campos and Santos basins in January, including two production and five injection wells.

According to company plans, there were maintenance stoppages in some platforms in January. Most notably, platforms P-57 and P-58, in Jubarte, Baleia Franca and Baleia Azul fields, Campos Basin. Both units have already resumed production.

New pre-salt record

In January, Petrobras set a new monthly oil production record of 669 thousand bpd for the Campos and Santos Basins pre-salt, including the share operated for its partner companies, up 0.5% from December’s record output of 666 thousand bpd. This output does not include the natural gas volume. This production represents approximately 28% of the oil production operated by Petrobras in Brazil.

Constantly improving operational efficiency

The Operational Efficiency Improvement Program (Proef) continues to produce excellent outcomes: it was responsible for an efficiency gain of over 134.9 thousand bpd at the existing Operations Units of Rio, Campos Basin, Espírito Santo and Santos.

Record in natural gas production

In January, Petrobras’s domestic natural gas production, excluding the liquefied volume, rose by 1.4% from December’s production to 75.559 million m3 /day, setting a new historic record.

Non-liquefied natural gas production operated by Petrobras, including the share of its partner companies, rose by 1.7% in January from the production in the previous month, also setting a new historic record of 85.999 million m3 /day.

Production abroad in January is 183.8 thousand barrels of oil equivalent

In January, 183.8 thousand barrels of oil equivalent per day (boed) were produced abroad, down 2.2% from the previous month’s production of 187.9 thousand boed.

Oil production in January averaged 97.6 thousand barrels of oil per day (bpd), down 1.9% from the production of 99.5 thousand bpd produced in the previous month mainly because of lower output at the Agbami field, Nigeria.

Natural gas production abroad averaged 14.646 million m³/d, down 2.5% from the volume of 15.022 million m³/d produced in December. This was led by a lower output at the Sábalo field, in the San Antonio block, Bolivia, due to already completed maintenance interventions on well SBL-X1.

Production reported to the ANP

The total production reported to Brazil’s National Petroleum, Natural Gas and Biofuels Agency (ANP) as of January 2015 was 11,180,273 m³ of oil and 2,796,573 thousand m³ of gas. This production corresponds to the total production of the concessions where Petrobras is the operator. It does not include shale, NGL (natural gas liquid) and production from partner companies where Petrobras is not the operator.

[DomRuinart]

384 % mehr calls auf Petrobras als sonst? Weiß da etwa jemand schon mehr zum Thema asset-sell?

Traders Buy Petroleo Brasileiro Petrobras SA on Weakness (PBR)

February 19th, 2015 by Mark Watkins

Traders purchased shares of Petroleo Brasileiro Petrobras SA (NYSE:PBR) on weakness during trading on Wednesday, Stock Ratings Network.com reports. $30.64 million flowed into the stock on the tick-up and $19.26 million flowed out of the stock on the tick-down, for a money net flow of $11.38 million into the stock. Of all stocks tracked, Petroleo Brasileiro Petrobras SA had the 27th highest net in-flow for the day. Petroleo Brasileiro Petrobras SA traded down ($0.13) for the day and closed at $6.97

Several analysts have recently commented on the stock. Analysts at Vetr downgraded shares of Petroleo Brasileiro Petrobras SA from a “strong-buy” rating to a “buy” rating and set a $12.62 price target on the stock in a research note on Tuesday, February 10th. Analysts at Credit Suisse downgraded shares of Petroleo Brasileiro Petrobras SA from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $7.30 to $5.00 in a research note on Monday, February 9th. Analysts at HSBC downgraded shares of Petroleo Brasileiro Petrobras SA from a “neutral” rating to an “underweight” rating in a research note on Thursday, January 29th. Finally, analysts at Zacks downgraded shares of Petroleo Brasileiro Petrobras SA from a “neutral” rating to an “underperform” rating and set a $7.50 price target on the stock in a research note on Wednesday, January 28th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $12.19.

The stock’s 50-day moving average is $6. and its 200-day moving average is $11.75. The company has a market cap of $45.460 billion and a P/E ratio of 6.64. Petroleo Brasileiro Petrobras SA also was the recipient of some unusual options trading on Wednesday. Stock investors acquired 136,862 call options on the company. This represents an increase of approximately 364% compared to the average daily volume of 29,509 call options.

Petroleo Brasileiro Petrobras SA (NYSE:PBR) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.19 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.28 by $0.09. Analysts expect that Petroleo Brasileiro Petrobras SA will post $1.27 EPS for the current fiscal year.

Petroleo Brasileiro SA Petrobras (NYSE:PBR) is a Brazil-based integrated oil and gas company. The Company divides its activities into seven segments: Exploration and Production; Refining, Transportation and Marketing; Gas and Power; Biofuel; Distribution and International.

Quelle: Dakota Financial News

[Jagdhornboxer]

Big Investors Exiting Petrobras as Corruption Scandal Drags On

By Rogerio Jelmayer

SÃO PAULO--Some big international investors have been selling shares in Brazil's state-run oil company Petróleo Brasileiro SA, or Petrobras, as the company faces the biggest crisis of its history amid corruption allegations.

Investors including Soros Fund Management LLC, which invests for billionaire investor George Soros and his family; BlackRock Fund Advisors; and Fidelity Management Research Co., cut their stakes in the Brazilian company in the fourth quarter, when the corruption scandal gained force.

"Big international investors prefer to stay away from Petrobras because the uncertainty surrounding the company is huge. So they've opted to take a conservative path until they see a clearer scenario for the company," said João Pedro Brugger, a portfolio manager at Leme Investimentos, based in Florianopolis. Mr. Brugger said his company owns shares in Petrobras as part of a portfolio matching Brazil's Ibovespa stocks index.

Soros slashed its stake in Petrobras by 60% to 2 million of the company's American depositary receipts at the end of the fourth quarter, versus the third quarter of 2014, according to a filing posted on the Securities and Exchange Commission's website.

BlackRock Fund Advisors, meanwhile, sold 8.28 million shares in the oil company last quarter, according to FactSet, leaving it with 89.2 million shares at the end of 2014.

Fidelity Management cut its stake by 690,100 shares to 5.9 million shares, according to FactSet.

The firms didn't respond to interview requests regarding their respective strategies.

Since early September, when damaging news reports about the scandal started to come more frequently, the company's ADRs lost nearly 70% of their value and its market capitalization shrank by nearly $80 billion.

Even with the sharp drop in the share price in the past few months, now isn't the time to go bargain hunting, according to analysts.

"No investors are looking at Petrobras for the medium and long term, even though the shares have fallen a lot. It's not a buying opportunity because the company still has a lot of doubts to clear up--they haven't even released an audited balance yet," said Alvaro Bandeira, a director at the Órama Investimentos fund brokerage in Rio de Janeiro.

Earlier this month, P etrobras named Aldemir Bendine--the former head of state-controlled lender Banco do Brasil-- as its new boss after former Chief Executive Maria das Graças Silva Foster and five other top executives resigned amid the investigation into allegations of kickbacks and payments to company officials and politicians. None of the departing executives have been implicated in the alleged scandal.

Petrobras in January published its long-awaited third-quarter results, but the numbers were unaudited and the company failed to provide a figure for potential write-downs that might be generated by the probe.

The company, which twice postponed the release of its third-quarter results, said it is still working to assess the financial damage from the alleged corruption, and is also still evaluating alternatives to measure the potential size of any write-downs.

Meanwhile, the company said it would cut investment and sell assets because of the fall in oil prices and its huge debt.

Some investors have nevertheless adopted a neutral position and are keeping their stakes in Petrobras for the time being.

Longtime emerging markets investor Mark Mobius, the executive chairman of Templeton Emerging Markets Group, has said he remains committed to Latin America's largest economy despite its current struggles with slow growth and high inflation.

Templeton has about $1.6 billion invested in Brazil, and Mr. Mobius said recently at a news conference that although he was "surprised and blindsided" by the apparent extent of the alleged corruption at Petrobras, the fund will maintain its approximately $100 million investment in the company.

http://www.nasdaq.com/article/big-investors-exiting-petrobra…

[DomRuinart]

Skagen Fund, Mark Mobius und George Soros? Das ist ja mal eine illustrere Runde, die sich hier bullish zeigt:

Is It The Right Time To Buy Petroleo Brasileiro Petrobras SA (ADR) Stock?

Bidness Etc discusses whether Petrobras stock has bottomed-out, making it a viable Buy option for investors. Also, how the new CEO’s strategy to divest assets is expected to help Petrobras stock recovery

By: Micheal Kaufman
Published: Feb 18, 2015 at 9:31 am EST

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock has rallied 8.56% since Friday. The rise in share price came on the back of speculation that the newly-appointed CEO Aldemir Bendine would sell assets to maintain liquidity.

As reported by Forbes, Mr. Bendine hinted at selling the company’s assets in an interview on Thursday. Many investors now feel that Petrobras stock has bottomed out and now is the right time to buy the stock.

Petrobras has been the pride of Brazil since many years. However, the recent corruption scandal involving the company has dented its reputation. Petrobras has been accused of inflating the value of contracts with a cartel of construction firms and using the kickbacks to bribe former executives and local politicians. Petrobras stock since January 2010 has tumbled over 84.75%. Now with the recent stock recovery it seems that many are considering buying the stock.

Another reason for the rampant fall in Petrobras stock is the high degree of government intervention in the company’s affairs. In a move to counter inflation, the company sells gasoline in Brazil at a much cheaper rate, making it unprofitable for the company on several occasions.

According to Forbes, Skagen Fund led by Kristoffer Stensrud’s Kon Tiki Equity Fund bought shares of Petrobras on February 11. The Kon Tiki Fund manages $6 billion in funds and now has invested 0.46% of its funds in Petrobras.

According to the Wall Street Journal on February 9, a famous emerging markets investor Mark Mobius has indicated that he was getting more bullish on Petrobras stock. Another renowned investor George Soros, who is believed to have a brilliant track record, is also buying the company’s shares. Currently, he holds four million Petrobras shares.

Crude oil price has also fallen more than 50% since June 2014. West Texas Intermediate is trading below $60, making exploration activities unprofitable. Since the gasoline price has been mainly fixed now, the refining segment cannot enjoy significant profits either. Hence, it makes sense for Petrobras to sell-off assets in such an environment.

Mr. Bendine previously worked at the state-controlled Banco do Brasil. He is known for selling off many assets of the bank and plans to adopt the same strategy at Petrobras. The market holds a perception that selling off assets would increase the share price of the company.

According to Forbes, Manager of Funds at BBT Assets Raphael Juan has indicated that if Petrobras sells its deep sea gas and oilfields off the coasts of Sao Paulo and Rio states, the company might see its share price go up to $9 quickly.

Petrobras is set to release its audited third-quarter results for fiscal year 2014 in March. If the company fails to release the results, it could default. The Board of Directors is still to come up with the exact value of the asset write-downs and the corruption charges. Petrobras’ former CEO had earlier indicated that the write-downs would be in excess of $25 billion, which was later rejected by Mr. Bendine. The market capitalization of Petrobras stands at $45 billion, and if such a large fine is incorporated then the company could face enormous liquidity and financial damages.

Out of the 22 analysts who cover Petrobras stock, five rate it a Buy and 13 have given it a Hold rating. The 12-month average target price on the stock is $9.35.

Quelle: Bidness Etc

[Jagdhornboxer]

Antwort auf Beitrag Nr.: 49.106.468 von OttoOttoOttoOtto am 18.02.15 16:02:46

wieso nur ein Teil des Beitrages ????
...weiterhin steht da auch noch:

Separately, TheStreet Ratings team rates PETROBRAS-PETROLEO BRASILIER as a "hold" with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:

"We rate PETROBRAS-PETROLEO BRASILIER (PBR) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins."

[OttoOttoOttoOtto]

Highlights from the analysis by TheStreet Ratings Team goes as follows:
◾The revenue growth came in higher than the industry average of 20.6%. Since the same quarter one year prior, revenues slightly increased by 3.8%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
◾The debt-to-equity ratio is somewhat low, currently at 0.84, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.30, which illustrates the ability to avoid short-term cash problems.
◾PETROBRAS-PETROLEO BRASILIER's earnings per share declined by 21.7% in the most recent quarter compared to the same quarter a year ago. Stable earnings per share over the past year indicate the company has sound management over its earnings and share float. However, the consensus estimates suggest that there will be an upward trend in the coming year. During the past fiscal year, PETROBRAS-PETROLEO BRASILIER's EPS of $1.70 remained unchanged from the prior years' EPS of $1.70. This year, the market expects an improvement in earnings ($2.64 versus $1.70).
◾Net operating cash flow has decreased to $6,413.00 million or 18.05% when compared to the same quarter last year. In conjunction, when comparing current results to the industry average, PETROBRAS-PETROLEO BRASILIER has marginally lower results.
◾The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Oil, Gas & Consumable Fuels industry and the overall market, PETROBRAS-PETROLEO BRASILIER's return on equity is significantly below that of the industry average and is below that of the S&P 500.