Petróleo Brasileiro S.A. - Petrobras (PBR)
| Market Cap | 96.64B |
| Revenue (ttm) | 102.41B |
| Net Income (ttm) | 24.88B |
| Shares Out | 6.44B |
| EPS (ttm) | 3.82 |
| PE Ratio | 4.37 |
| Forward PE | 4.19 |
| Dividend | $2.90 (19.28%) |
| Ex-Dividend Date | May 3, 2024 |
| Volume | 23,971,720 |
| Open | 15.28 |
| Previous Close | 15.23 |
| Day's Range | 14.98 - 15.30 |
| 52-Week Range | 11.47 - 17.91 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 16.41 (+9.25%) |
| Earnings Date | May 14, 2024 |
About PBR
Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, acquisition, and exports of crude oil; ... [Read more]
Financial Performance
In 2023, PBR's revenue was $102.41 billion, a decrease of -17.73% compared to the previous year's $124.47 billion. Earnings were $24.88 billion, a decrease of -32.05%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for PBR stock is "Buy." The 12-month stock price forecast is $16.41, which is an increase of 9.25% from the latest price.
News
Brazil's Petrobras sacks 20 employees close to former CEO
Brazil's Petrobras has dismissed 20 employees who worked closely with former CEO Jean Paul Prates, the state-run oil firm said on Friday.
FNV, PBR, OMAB: Finding Small Cap Opportunities Abroad
Inflation is not coming down as fast in the U.S. as it is in Europe, notes Lukasz Tomicki. He discusses finding small cap opportunities abroad.
Magda Chambriard, new Petrobras CEO, charged by Lula with firing up job creation
The next chief executive of Petrobras , Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was under prior Workers Party governments: an engine of job cr...
Petrobras ADRs Sink After Brazil Government Ousts CEO
American Depositary Receipts (ADRs) of Petrobras (PBR) sank after the Brazilian government replaced the state-run oil giant's CEO Jean Paul Prates.
Shares in Brazil's Petrobras plunge 8% on ouster of CEO
Shares in Brazil's Petrobras fell more than 8% in opening Wednesday trading, after the state-run oil firm said its chief executive would be replaced by a former regulator with views closer to those of...
Petrobras CEO offers resignation, U.S.-listed shares tumble
The chief executive of Brazilian state-run oil company Petrobras offered to step down on Tuesday, the company said, sending shares sliding as investors braced for the possibility of more political int...
Petrobras resists order to assess Indigenous impact of Amazon drilling
Brazil's state-run oil firm Petrobras is resisting regulatory demands requiring it to assess the impact on Indigenous groups of drilling in an offshore basin near the mouth of the Amazon River, Chief ...
Petrobras slashes dividend: Is it time to sell the stock?
Petróleo Brasileiro S.A. (NYSE:PBR), Brazil's state-controlled oil giant, is once again in the spotlight as it grapples with shareholder expectations and market dynamics.
Petrobras shares fall after fuel sales hurt earnings
Shares of Brazil's state-run oil firm Petrobras fell around 2% on Tuesday after it posted worse-than-expected results for the first quarter, hurt by less profitable fuel sales.
Brazil's Petrobras reports 38% drop in first-quarter profit
Brazilian state-run oil firm Petrobras posted a 38% fall in its first-quarter net recurring profit from a year earlier on Monday, missing expectations.
Brazil's Petrobras to begin drilling at Colombia's Uchuva-2 well this month
Brazil's state-run oil firm Petrobras will begin to drill off Colombia's coast at its Uchuva-2 well this month, Chief Exploration and Production Officer Joelson Mendes told journalists during a press-...
Petrobras shareholders approve payout of 50% of withheld dividends
Shareholders of Petrobras voted on Thursday for the Brazilian state-run oil firm to pay out 50% of the extraordinary dividends it withheld in March, easing investor concerns about the destination of t...
SLB Awarded Three Completion Contracts for Petrobras' Buzios Field
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) has been awarded three contracts by Petrobras (NYSE: PBR) for completion hardware and services for up to 35 subsea wells in the development o...
Brazil judge suspends Petrobras chair over conflict of interest
A Brazilian judge has suspended the chair of state oil firm Petrobras' board, Pietro Sampaio Mendes, over a conflict of interest regarding his role in the Ministry of Energy, according to a court deci...
CEO of Brazil oil firm Petrobras to stay in role for now, say sources
Petrobras Chief Executive Jean Paul Prates will remain in his role for now as pressure to remove him from Brazil's state-run oil company has eased, two sources familiar with the situation told Reuters...
Brazil's Lula calls meeting on the future of Petrobras CEO, sources say
President Luiz Inacio Lula da Silva called a meeting on Sunday evening with three cabinet ministers that could decide on whether to replace the chief executive of Brazil's state-run oil company Petrob...
CERAWEEK Petrobras exec says offshore Colombia project could find enough gas for exports
A promising area off Colombia's coast where Brazil state-run Petrobras is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' head ...
Big Oil executives push back against calls for fast energy transition
Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost to replace oil and ga...
In Petrobras dividend spat, CEO navigates Lula's divided cabinet
The fallout from a missing Petrobras dividend may have shifted the balance in a tug-of-war between the CEO of the state-run firm and the energy minister holding sway over its board.
Petrobras CEO says extra dividend possible at April meeting
The chief executive of Brazil's state-run oil company Petrobras said on Monday that payment of an extraordinary dividend is still on the table, adding that it could be voted on at a shareholders' meet...
Petrobras loses over $10 billion in market cap after dashing dividend hopes
Investor frustration with a meager dividend from Brazil's state-run oil firm Petrobras wiped out over 50 billion reais ($14 billion) of its market value on Friday after government-appointed board memb...
Brazil oil firm Petrobras posts 6% decrease in Q4 net recurring profit
Brazilian state-controlled oil firm Petrobras posted on Thursday a 6.3% fall in its fourth-quarter net recurring profit from a year earlier.
Brazil's Petrobras increases average jet fuel prices by 8.4%
Brazilian state-controlled oil company Petrobras said on Friday it will increase the average prices of jet fuel to distributors by 8.4% starting on Mar. 1.
Petrobras shares fall 5% after CEO says firm will be 'cautious' about dividends
Brazilian state-run oil company Petrobras' shares fell by around 5% after the firm's Chief Executive Jean Paul Prates was quoted as saying the firm would be cautious about issuing extraordinary divide...
Brazil's Petrobras wants to share management of Braskem, says CEO
Brazil's state-run oil company Petrobras wants a partner to share the management of petrochemical producer Braskem , said the oil firm's Chief Executive Jean Paul Prates on Tuesday.