By Dividend Growth Investor : I have spent the last year learning as much as possible about Warren Buffett and his right hand man Charlie Munger . There is plenty of information from both super investors to keep you occupied full-time for months if not years. The most interesting insight is that if
PetroChina ( PTR ) is set to acquire the Peruvian oil and gas assets of Petrobras ( PBR ) for $2.6B. PTR says the move will "help to expand the scale of [its] oil and gas cooperation in Latin America." PBR is -1.2% premarket Post your comment!
Dutch Shell ( RDS.A , [RDS.B]]) and Eni ( E ), which each hold a 16.81% interest; Japan's Inpex owns a 7.56% stake, and China National Petroleum ( PTR ) recently acquired an 8.33% tranche from ConocoPhillips. 1 comment!
parties, a move which would break the long-term monopoly of the three state-owned enterprises - China National Petroleum ( PTR -1% ), Sinopec ( SNP -1.2% ) and Cnooc ( CEO -1.1% ) - on domestic oil pipe assets. Given the high expense of construction
China National Petroleum ( PTR ) is close to a deal to buy Petrobras ( PBR ) assets in Peru for more than $2B in a deal that may be announced as soon as next
PetroChina ( PTR ) Q3 net profit +19% to 29.8B yuan ($4.89B), below consensus of 30.5B yuan. EPS 0.16 yuan vs 0.14 yuan a year earlier. ( PR ) Post your comment!
owned by the winning consortium, Petrobras ( PBR ) will hold a 40% interest, Total ( TOT ) and Royal Dutch Shell ( RDS.A , RDS.B ) each will have 20% stake, and China's CNPC ( PTR ) and Cnooc ( CEO ) each will own 10%. 1 comment!
that the firm’s domestic exploration and production capabilities are outmatched by both CNOOC Ltd. CEO and PetroChina PTR . We will update our valuation model for the company’s most recent results, but we do not anticipate a change to our narrow
companies in the U.S. (although they have made occasional international investments, such as Iscar in Israel and PetroChina PTR in China), and have no problem passing on stocks whose future outlook they deem too hard to understand (they mentioned the
PetroChina PTR reported first-quarter results on Thursday which are leading us to reevaluate our thesis. Specifically, we have contended that