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)

Colin Pettis06/3006/30

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)

Mark DeFrance06/2706/27

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)

Chris Lewis06/1606/16

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)

Colin Pettis06/1006/10

Basic material Most Active; Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil (NYSE:XOM), The Dow Chemical Company (NYSE:DOW)

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) share price managed to hold on to its valuations from 4th June, during trading on 5th June as investors came to terms with the continued headwinds that company is facing in its Brazilian operations due to the deteriorating operating environment. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was 7.66% in last session and finished the day at $14.76. … Continue reading Basic material Most Active; Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil (NYSE:XOM), The Dow Chemical Company (NYSE:DOW)

John Meady06/0906/09

Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Chesapeake Energy Corporation (NYSE:CHK), Vale (NYSE:VALE), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)

Initially reported as a discovery in February 2013, Brazil’s Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has confirmed that its 1-SPS-98 (1-BRSA-1063-SPS) well, the first to be drilled on Block BM-S-50 offshore Brazil, has tested carbonate reservoirs with good permeability. The block, informally known as Sagitario, is in Brazil’s ultradeepwater Santos basin presalt region 194 km offshore Sao Paulo in 1,871 m of water. It has … Continue reading Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Chesapeake Energy Corporation (NYSE:CHK), Vale (NYSE:VALE), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)

Mark Doerr05/2805/28