Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Vale (NYSE:VALE), Alcoa Inc (NYSE:AA), Exxon Mobil (NYSE:XOM)

Petroleo Brasileiro SA (ADR) (NYSE:PBR) has reached 500,000 b/d in production from the Brazilian presalt, a region that has already seen aggregate output of 343 million boe (OGJ Online, June 20, 2014). The company, which didn’t reach the same level of total production until 31 years after it launched, made its first discovery in the region 8 years ago. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) … Continue reading Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Vale (NYSE:VALE), Alcoa Inc (NYSE:AA), Exxon Mobil (NYSE:XOM)

Basic Material Active Movers: Valero Energy (NYSE:VLO), Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil Corporation (NYSE:XOM)

Valero Energy Corporation (NYSE:VLO) which has generated ample controversy in recent years for seeking tax breaks and suing local governments to drop its tax bill, has applied for another public subsidy to expand its Houston refinery. Valero Energy Corporation (NYSE:VLO) stock performance was -3.04% in last session and finished the day at $50.10. Traded volume was 13.61million shares in the last session and the average … Continue reading Basic Material Active Movers: Valero Energy (NYSE:VLO), Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil Corporation (NYSE:XOM)

Basic Material Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Valero Energy (NYSE:VLO), Chesapeake Energy (NYSE:CHK), Vale (NYSE:VALE), Barrick Gold (NYSE:ABX)

Ratings firms have expressed concern about a Brazilian government decision to sell billions of dollars worth of offshore oil rights to Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), saying the move will weigh on the state-run oil company’s cash flow and creditworthiness. The company is formally known, was awarded on Tuesday the rights to explore four offshore fields off Brazil’s southeast coast believed to contain an … Continue reading Basic Material Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Valero Energy (NYSE:VLO), Chesapeake Energy (NYSE:CHK), Vale (NYSE:VALE), Barrick Gold (NYSE:ABX)

Hot Movers: National Bank of Greece (NYSE:NBG), Chesapeake Energy (NYSE:CHK), Petroleo Brasileiro Petrobras (NYSE:PBR), ConocoPhillips (NYSE:COP), BP (NYSE:BP)

National Bank of Greece (ADR) (NYSE:NBG) is reviewing second-round bids for its London-headquartered private equity business and hopes to sell it “imminently,” the bank’s deputy chief executive Petros Christodoulou told Reuters.  National Bank of Greece (ADR) (NYSE:NBG) stock performance was 1.91% in last session and finished the day at $3.73. Traded volume was 2.96million shares in the last session and the average volume of the … Continue reading Hot Movers: National Bank of Greece (NYSE:NBG), Chesapeake Energy (NYSE:CHK), Petroleo Brasileiro Petrobras (NYSE:PBR), ConocoPhillips (NYSE:COP), BP (NYSE:BP)

Basic Material Active Runners: Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale SA (NYSE:VALE), Yamana Gold (NYSE:AUY), Walter Energy (NYSE:WLT)

In company news, American depository shares of Brazilian energy giant Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) were moderately higher shortly ahead of Wednesday’s closing bell, joining in a rally for shares of several Brazilian companies after new poll results indicate a tightening race for the country’s president. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was 2.52% in last session and finished the day at … Continue reading Basic Material Active Runners: Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale SA (NYSE:VALE), Yamana Gold (NYSE:AUY), Walter Energy (NYSE:WLT)

Hot Movers: Petroleo Brasileiro Petrobras) (NYSE:PBR), Halliburton Compan (NYSE:HAL), Peabody Energy Corporation (NYSE:BTU), Schlumberger Limited. (NYSE:SLB), Exxon Mobil Corporation (NYSE:XOM)

On June 3, Petroleo Brasileiro SA (ADR) (NYSE:PBR) is set to reverse two years of output declines as it starts tapping the biggest group of oil discoveries this century. Halting its five- year share slide probably will take longer. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) ended up at $14.76 with day range of $14.32 – $14.77 in last trading. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) … Continue reading Hot Movers: Petroleo Brasileiro Petrobras) (NYSE:PBR), Halliburton Compan (NYSE:HAL), Peabody Energy Corporation (NYSE:BTU), Schlumberger Limited. (NYSE:SLB), Exxon Mobil Corporation (NYSE:XOM)