On Wednesday, Shares of Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR), added 3.55% and closed at $9.53 in the last trading session. The last trading range of the stock ranges between $9.75 and $10.07. Petróleo Brasileiro S.A. Petrobras operates as an integrated energy company in Brazil and internationally. Its Exploration and Production segment engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; and sale of crude oil and oil products produced at natural gas processing plants in domestic and foreign markets. The companys Refining, Transportation and Marketing segment is involved in the refining, logistics, transport, and trading of crude oil and oil products, in addition to exports ethanol and invests in petrochemical companies. This segment also engages in the extraction and processing of shale. The companys Gas and Power segment engages in the transportation and trade of natural gas and liquid natural gas; generation and trade of electricity; holding interests in natural gas transportation and distribution, and thermoelectric power plants; and fertilizer business. Its Biofuels segment is involved in the production of biodiesel and its co-products, in addition to in the investment, production, and trading of ethanol, sugar, and the electric power generated from sugarcane bagasse.
QUALCOMM, Inc. (NASDAQ:QCOM), jumped 0.24% and closed at $66.84 in the last trading session. The last trading range of the stock ranges between $66.55 and $67.42. The company’s Market capitalization is $97.87 Billion with the total Outstanding Shares of 1.47 Billion. QUALCOMM Incorporated develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the United States, and internationally. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Planned Programs (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of certain wireless products comprising products implementing CDMA2000, WCDMA, CDMA TDD, and/or LTE standards, in addition to their derivatives. The QSI segment invests in early-stage companies in various industries, counting digital media, e-commerce, healthcare, and wearable devices for supporting the design and introduction of new products and services for voice and data communications, in addition to holds wireless spectrum. The company also develops and offers products for implementation of small cells, in addition to for data centers; mobile health products and services; software products, and content and push-to-talk facilitatement services to wireless operators; development, and other services and related products to the United States government agencies and their contractors; and software products that facilitate wireless learning for educators and students.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN), gained 4.39% and closed at $22.59 in the last trading session. The last trading range of the stock ranges between $21.97 and $22.83. During the 52-week trading session the minimum price at which share price traded, registered at $10.94 and reached to max level of $22.84. PATTERSON-UTI ENERGY, INC. (PTEN) recently stated that for the month of September 2016, the Company had an average of 62 drilling rigs operating in the United States and two rigs in Canada. For the three months ended September 30, 2016, the Company had an average of 60 drilling rigs operating in the United States and two rigs in Canada.
Average drilling rigs operating stated in the Company’s monthly declarements represent the average number of the Company’s drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company’s operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company’s financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.