Petróleo Brasileiro S.A. - Petrobras (PBR)

NYSE: PBR · Real-Time Price · USD
14.76
-0.16 (-1.07%)
At close: Feb 21, 2025, 4:00 PM
14.87
+0.11 (0.75%)
After-hours: Feb 21, 2025, 7:03 PM EST
-1.07%
Market Cap 91.84B
Revenue (ttm) 92.53B
Net Income (ttm) 15.55B
Shares Out 12.89B
EPS (ttm) 1.20
PE Ratio 5.90
Forward PE 5.21
Dividend $2.47 (16.75%)
Ex-Dividend Date Dec 27, 2024
Volume 12,717,107
Open 14.91
Previous Close 14.92
Day's Range 14.71 - 14.95
52-Week Range 12.55 - 17.91
Beta 0.90
Analysts Strong Buy
Price Target 18.28 (+23.85%)
Earnings Date Feb 26, 2025

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]

Sector Energy
Founded 1953
Employees 46,730
Stock Exchange NYSE
Ticker Symbol PBR
Full Company Profile

Financial Performance

In 2023, Petrobras's revenue was 511.99 billion, a decrease of -20.16% compared to the previous year's 641.26 billion. Earnings were 124.61 billion, a decrease of -33.84%.

Financial numbers in BRL Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for PBR stock is "Strong Buy." The 12-month stock price forecast is $18.28, which is an increase of 23.85% from the latest price.

Price Target
$18.28
(23.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Petrobras considers canceling FPSO tender after high bid, sources say

Brazil's state-run oil firm Petrobras is considering canceling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, two sources with knowledge ...

23 hours ago - Reuters

Brazil's Petrobras, Banco do Brasil contract export credit notes for $1.14 billion

Brazilian state-run oil company Petrobras and lender Banco do Brasil have contracted two export credit notes totaling 6.5 billion reais ($1.14 billion), Petrobras said on Thursday.

1 day ago - Reuters

High Rates, High Returns: How Petrobras Thrives Amid Treasury Turmoil

High Rates, High Returns: How Petrobras Thrives Amid Treasury Turmoil

2 days ago - Seeking Alpha

10 Ideal 'Safer' January Dividend Buys, Out Of 40 Choices From Readers

Before January 31, 2025, my REaders mentioned 40 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers spoke-up about the ReFa/Ro. ...

2 days ago - Seeking Alpha

Brazil's Petrobras to raise diesel output by 120,000 bpd this year, says director

Brazilian state-run oil firm Petrobras expects to boost its diesel output by some 120,000 barrels per day (bpd) this year due to the expansion of S-10 diesel production in some of its refineries, the ...

3 days ago - Reuters

Petrobras sees vet center key to Equatorial Margin plans ready by March, sources say

Brazilian oil firm Petrobras expects to ready a veterinary center in the Amazon to care for animals in the event of an oil spill by the end of March, two sources told Reuters on Monday.

4 days ago - Reuters

Brazil's Petrobras announces fresh oil discovery in Buzios field

Brazilian state-run oil firm Petrobras has confirmed the presence of oil in a well at its offshore Buzios field, the firm said on Friday, without giving details on the size of the discovery.

7 days ago - Reuters

Brazil's Petrobras Can Withstand Lower Oil Prices Amid Trump's Drill Pledge, CEO Says

Magda Chambriard, Chief Executive Officer of Brazilian state-controlled oil company Petrobras, says the firm can withstand lower oil prices following US President Donald Trump's vow to boost productio...

9 days ago - Bloomberg Markets and Finance

5 'Safe' Buys In 35 February Dividend Power Dogs

The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 20...

9 days ago - Seeking Alpha

Oil Prices: Petrobras Says It Can Cope With Lower Crude Amid Trump Drill Baby Drill Vow

Magda Chambriard, Chief Executive Officer of Brazilian state-controlled oil company Petroleo Brasileiro SA, says the firm can withstand lower oil prices following US President Donald Trump's vow to bo...

Other symbols: BNODBOGUSHIEOOIHPXJUCO
9 days ago - Bloomberg Markets and Finance

India's BPCL to sign optional crude deal with Petrobras for 2025-26

India's Bharat Petroleum Corp will sign a contract with Brazil's Petrobras for optional crude imports of 6 million barrels in 2025-26, Chairman G Krishnakumar said on Wednesday at the India Energy Wee...

10 days ago - Reuters

Brazil's Petrobras hikes diesel prices for first time since 2023

Brazilian state-run oil company Petrobras said on Friday it will hike the prices of diesel sold to distributors for the first time in more than a year, delivering a widely anticipated fuel price tweak...

21 days ago - Reuters

Brazil's Lula says Petrobras free to decide on fuel price tweaks

Brazilian President Luiz Inacio Lula da Silva said on Thursday that Petrobras is the one responsible for deciding on fuel prices, not him, countering media reports that he had authorized the state-run...

22 days ago - Reuters

Petrobras' oil and gas reserves rose to 11.4 billion boe in 2024

Brazilian state-run oil firm Petrobras said on Wednesday that its estimated proven reserves of oil, condensate and natural gas rose to 11.4 billion barrels of oil equivalent (boe) last year from 10.9 ...

23 days ago - Reuters

Petrobras: Undervalued Stock Meets Undervalued Currency

Petrobras is undervalued, trading at a significant discount to peers, with a target price of $36.38 by year-end 2026, offering 162.3% potential upside. The Brazilian real's current undervaluation pres...

24 days ago - Seeking Alpha

Petrobras Stock Is On Sale, Reiterating 'Buy'

Petrobras' strong financials, disciplined capital allocation, and world-class asset base position it as a standout in the global energy market, despite local headwinds. The stock's forward EV/EBITDA v...

24 days ago - Seeking Alpha

69 Graham Value All-Stars, Of 20 'Safer' Choices, Buy Any Of 14

The Value Score identifies large-cap stocks offering the best value relative to their assets and profits, focusing on low-priced, high-value investments. The Ben Graham Formula targets ultra-stable st...

Other symbols: ASCBCSBNSCOLBCPACDBDHT
4 weeks ago - Seeking Alpha

Why Petrobras Could Be The Value Stock Your Portfolio Needs

Diversification into non-U.S. stocks like Petrobras can hedge against USD weakness, offering high yields and discounted valuations compared to U.S. peers. Petrobras' operational resilience, robust pro...

4 weeks ago - Seeking Alpha

Petrobras reports record high refinery output in 2024

Brazil's Petrobras saw output from its refineries hit an all-time high in 2024 with record production of gasoline and S-10 diesel, the state-run oil firm said on Friday.

5 weeks ago - Reuters

Prosafe SE: Safe Zephyrus contract extension with Petrobras

09 January 2025 – Prosafe has signed a contract extension with Petróleo Brasileiro S.A. (‘Petrobras') for the provision of the Safe Zephyrus semi-submersible vessel for safety and maintenance support ...

6 weeks ago - GlobeNewsWire

4 Of 35 Safe-Buy Dividend Power Dogs In January

Four low-priced Dividend Power stocks, Golden Ocean, Invesco Mortgage, ARMOUR Residential, and FutureFuel, offer safer dividends with free cash-flow yields exceeding dividend yields. The Dividend Powe...

6 weeks ago - Seeking Alpha

Petrobras: Expanding Production At Attractive Breakeven Economics

Petrobras is due to increase upstream production at attractive low-cost economics. The 2025 outlook for oil prices shows little scope for pricing-related upside. So volume growth is likely to be the k...

7 weeks ago - Seeking Alpha

Brazil's Petrobras raises jet fuel prices by around 7% in key markets

Brazilian state-run oil firm Petrobras hiked jet fuel prices for distributors starting on Jan. 1 by around 7% in some key marketing areas, such as Betim, Guarulhos and Duque de Caxias, data on the com...

7 weeks ago - Reuters

Petrobras Stock Is Now Too Undervalued (Rating Upgrade)

I'm upgrading Petrobras (PBR) (PBR.A) to "Buy" due to its undervaluation amid strong production levels and disciplined financial control despite macro and idiosyncratic risks. Brazil's tight monetary ...

2 months ago - Seeking Alpha

Petrobras: Massive Dividends And No Lula Problems

Petrobras is a highly profitable oil company with attractive growth projects and a very high dividend yield, making it a compelling investment. The company's new 5-year plan includes $111 billion in i...

2 months ago - Seeking Alpha