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| Name | Symbol | Market | Type |
|---|---|---|---|
| Petroleo Brasileiro S.A. Petrobras | BOV:PETR4 | Bovespa | Preference Share |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.16 | 0.38% | 42.18 | 42.00 | 42.28 | 42.38 | 41.84 | 42.25 | 33,244,700 | 23:45:01 |
From May 2019 to May 2024
By Jeffrey T. Lewis and Luciana Magalhaes
SÃO PAULO -- Brazilian state-controlled oil company Petróleo Brasileiro SA, or Petrobras, said Thursday it posted a net loss in the fourth quarter and in 2017 because of a series of extraordinary expenses, including $3.4 billion to settle a class-action suit in the U.S.
The company had a loss of 5.5 billion reais ($1.7 million) in the last three months of 2017, the Rio de Janeiro-based company said. For the full year, Petrobras reported a net loss of 446 million reais.
Petrobras said it would have had a net profit of 7.1 billion reais in 2017 without the extraordinary payments.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com and Luciana Magalhaes at Luciana.Magalhaes@wsj.com
(END) Dow Jones Newswires
March 15, 2018 08:48 ET (12:48 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year PETROBRAS PN Chart |
1 Month PETROBRAS PN Chart |
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