dissenting vote against the state-run oil company’s 2013 financial statements, according to a securities filing on Monday. The member, Mauro Rodrigues da Cunha, said at the February 25 meeting that not enough time was allowed to analyze the documents and that there was insufficient information on refinery investment, the filing said. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares after opening at $10.38 on last trade day and at the end of the day closed at $10.27. Company price to sales ratio in past twelve months was calculated as 0.47 and price to cash ratio as 2.58. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) showed a negative weekly performance of -3.84%.
Transocean LTD (NYSE:RIG) issued a monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since February 18, 2014. The total value of new contracts since the February 18, 2014 Fleet Update Summary is approximately $14 million. Other items include: GSF Galaxy III – Awarded an approximate two and one-half month contract extension for use as an accommodation unit in the U.K. sector of the North Sea at a dayrate of $180,000 ($14 million estimated backlog). The rig’s prior dayrate was $226,000. Estimated 2014 planned out-of-service time increased by a net two days. The ultra-deepwater floater, GSF Development Driller I, is idle.
Transocean LTD (NYSE:RIG) shares advanced 0.18% in last trading session and ended the day on $38.91. RIG return on equity ratio is recorded as 8.60% and its return on assets is 4.30%. Transocean LTD (NYSE:RIG) yearly performance is -23.93%.
On Mar 12, Canadian energy explorer, Talisman Energy Inc. (USA) (NYSE:TLM) completed the divestment of part of its Montney assets, in northeast British Columbia to Progress Energy Canada Ltd. The sale, of about 127,000 net acres, would fetch Talisman Energy cash payment of C$1.5 billion. Talisman Energy Inc. (USA) (NYSE:TLM) shares moved up 0.41% in last trading session and was closed at $9.81, while trading in range of $9.73 – $9.86. Talisman Energy Inc. (USA) (NYSE:TLM) year to date (YTD) performance is -15.21%.
China Mobile Ltd. (ADR) (NYSE:CHL) move to require mobile-phone makers to support five wireless transmission modes for 4G devices could give Qualcomm (QCOM) a royalty boost and might also be part of a China Mobile strategy to make its TD-LTE a global standard, says Goldman Sachs in a report. China Mobile Ltd. (ADR) (NYSE:CHL) weekly performance is -2.61%. On last trading day company shares ended up $44.74. China Mobile Ltd. (ADR) (NYSE:CHL) distance from 50-day simple moving average (SMA50) is -7.21%. Analysts mean target price for the company is $57.12.