On Friday, Shares of Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR), added 0.65% and closed at $9.33 in the last trading session. The last trading range of the stock ranges between $9.23 and $9.50. 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.
Marathon Oil Corporation (NYSE:MRO), DROPPED -0.57% and closed at $15.81 in the last trading session. The last trading range of the stock ranges between $15.76 and $16.16. The company’s Market capitalization is $13.32 Billion with the total Outstanding Shares of 847.26 Million. Marathon Oil Corporation (MRO) declared recently it plans to issue its third quarter 2016 earnings news release on Wednesday, Nov. 2, after the close of U.S. financial markets.
Prepared remarks together with accompanying slides will be available on the Company’s website about one hour after the earnings news release is issued. The Company will conduct a conference call, which will be webcast live, on Thursday, Nov. 3, at 9 a.m. ET.
Zach Dailey, director of Shareholder Relations, will host the call. Also participating from Marathon Oil will be Lee Tillman, president and CEO; Mitch Little, executive vice president, Operations; and Pat Wagner, interim CFO and vice president, Corporate Development and Strategy. The call will include forward-looking information.