On Thursday, Shares of Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), gained 2.08% to $8.83, as Crude oil prices ended little changed on Thursday as the first weekly gain in the U.S. rig count this year pared earlier gains.
Oil was lifted Thursday, when tame U.S. jobs and economic data signaled the Federal Reserve might be less hasty to raise interest rates and as a surge in gasoline futures drove expectations for more crude demand.
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.
Shares of Concho Resources, Inc. (NYSE:CXO), inclined 0.68% to $112.37, during its last trading session.
Concho Resources, will host a conference call on Thursday, July 30, 2015, at 8:30 AM CT (9:30 AM ET) to talk about second quarter 2015 financial and operating results. The Company plans to declare second quarter 2015 results on Wednesday, July 29, 2015, after close of trading.
Concho Resources Inc., an independent oil and natural gas company, acquires, develops, and explores for oil and natural gas properties in the Unites States. The company’s principal operating areas are located in the Permian Basin of southeast New Mexico and West Texas.
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