PZE - Petrobras Energia Participaciones
Petrobras Energia Participaciones S.A. (NYSE:PZE) is one of the largest oil & gas companies based in Argentina. PZE is a holding company for Petrobras Energia S.A. The company operates within the entire oil and gas value chain, from exploration and production (E&P) to refining,transportation, purchasing, marketing and the distribution of oil & gas and oil-related products. PZE carries out its activities through Oil & Gas E&P, Petrochemicals, Refining and Distribution, and Gas & Energy.
PZE
:: Basic Quotes
| Ticker | Price | Dividend | 52-week Performance | MarketCap |
|---|---|---|---|---|
PZE |
15.49 (2/4/12) | 12mth: $0.44 Yield: 2.81% | Range: $11.78-$24.97 Return from Low: +31.49% | $1.56 Bil |
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| Overview | PZE @Marketwatch | PZE @Bloomberg | PZE @TheStreet | PZE @Google | PZE @Yahoo |
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PZE Outlook Improving
I'm still not ready to add this stock but the fundamentals seem to be improving. PZE sold off retail distribution business and is now focused on exploration and production. The recent addition of capital at Brazilian parent company Petrobra should be a positive as it may provide additional resources for ventures, projects or acquisitions elsewhere in Latin America.