Petróleo Brasileiro S.A. - Petrobras (PBR)
| Market Cap | 92.38B |
| Revenue (ttm) | 92.53B |
| Net Income (ttm) | 15.55B |
| Shares Out | 12.89B |
| EPS (ttm) | 1.20 |
| PE Ratio | 5.94 |
| Forward PE | 5.02 |
| Dividend | $1.71 (11.46%) |
| Ex-Dividend Date | Dec 27, 2024 |
| Volume | 35,769,400 |
| Open | 14.44 |
| Previous Close | 14.15 |
| Day's Range | 14.42 - 15.10 |
| 52-Week Range | 12.90 - 17.91 |
| Beta | 0.91 |
| Analysts | Strong Buy |
| Price Target | 18.24 (+22.42%) |
| Earnings Date | Nov 7, 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, 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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for PBR stock is "Strong Buy." The 12-month stock price forecast is $18.24, which is an increase of 22.42% from the latest price.
News
Petrobras approves $3.4 billion in extra dividends, $111 billion strategic plan
Brazilian state-run oil firm Petrobras approved on Thursday a payout of 20 billion reais ($3.4 billion) in extraordinary dividends to shareholders, and it lowered the minimum cash level required for i...
Brazil's state oil company Petrobras pitches five-year $111 bln business plan
Brazilian state-run oil firm Petrobras announced on Monday that its management proposed to the company's board a $111 billion business plan for 2025-2029, according to a securities filing.
Petrobras and Yara sign agreements for technical cooperation and commercialization of Arla 32
Petrobras and Yara have signed two agreements in a next step towards structuring a potential partnership within fertilizers and industrial products, both based on resumed production in Araucaria Nitro...
Petrobras signs deal to supply natural gas to steel mills in Southern Brazil
Brazilian state-controlled oil giant Petrobras said on Monday it has signed a deal with steelmaker Gerdau and gas distributor Sulgas to supply natural gas to two steel mills in the southern state of R...
Petrobras: A High-Yield Investment In A Pricey Market
Petrobras achieved impressive 3Q 2024 results, with $6.9 billion in FCF and a proposed $3 billion USD dividend, highlighting its financial strength. The company is expanding internationally, reducing ...
Petróleo Brasileiro S.A. - Petrobras (PBR) Q3 2024 Earnings Call Transcript
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) Q3 2024 Earnings Conference Call November 8, 2024 12:00 PM ET Company Participants Fernando Melgarejo - Chief Financial and Investor Relations Officer ...
Brazil's Petrobras sees possibility of extra dividends issuance this year
Brazilian state-run oil firm Petrobras sees as "technically possible" to issue extraordinary dividends by the end of the year if its strategic plan is approved on schedule this month, its Chief Financ...
Brazil's Petrobras posts 22% increase in third-quarter net profit
Brazilian state-run oil firm Petrobras reported on Thursday some 22% increase in its third-quarter net profit from a year earlier, to 32.6 billion reais ($5.7 billion).
Brazil's Petrobras approves $3 billion in dividends
Brazilian state-run oil firm Petrobras said on Thursday its board approved 17.12 billion reais ($3 billion)in dividends, which represent 1.3282 real per share, according to a securities filing.
Petrobras' 2025-2029 strategic plan likely to reach $110 bln, sources say
Brazilian state-run oil firm Petrobras' new strategic plan should include some $110 billion earmarked in investments for the 2025-2029 period, two sources familiar with the matter told Reuters, repres...
Brazil's Petrobras posts 6.5% fall in Q3 total production
Brazilian oil giant Petrobras reported a 6.5% decrease year-on-year in total production in the third quarter, to 2.69 million barrels of oil equivalent per day (boepd), the state-controlled company sa...
Baker Hughes to supply pipe systems to Brazil's Petrobras
Oilfield services company Baker Hughes announced an agreement on Monday to supply Petrobras with 77 kilometers (47.85 miles) of flexible pipe systems for Brazil's pre-salt fields in the Santos Basin.
Brazil's Petrobras to reduce investments planned for 2025, sources say
Brazil's Petrobras is set to reduce planned investments for next year, despite requests by the government for the state-run oil firm to increase CAPEX, three sources close to the matter told Reuters.
Petrobras posts record gasoline production in the third quarter
Brazilian state-run oil firm Petrobras said on Monday it produced a record 6.38 billion liters of gasoline in the third quarter, without providing a comparison base for the figure.
Petrobras' pricing strategy avoids passing on market volatility, CEO says
Brazilian state-run oil firm Petrobras has been able to provide Brazilians with price stability despite market volatility caused by an escalation of the conflict in Middle East, its top executive said...
Ecopetrol, Petrobras announce major gas discoveries in Colombia
Colombia's state-run oil company oil Ecopetrol and Brazil's Petrobras on Thursday announced two major gas discoveries executives said would hugely increase reserves and help the Andean country remain ...
Why I'm Upgrading Petrobras Back To Buy
I'm upgrading Petrobras back to "Buy" due to higher-than-expected FCF yield and business resilience despite struggling commodities markets. Q2 results show increased net revenues, strong cash flow, an...
Red alert as the Petrobras forms the risky diamond pattern
Petrobras (PBR) stock price has moved sideways in the past few months as traders focused on the ongoing oil and gas volatility. Its American ADRs were trading at $15 on Tuesday, down by over 10% from ...
Petrobras: Double-Upgrade To Buy On New Exploration And Stable Management
Petrobras' new strategic plan to reportedly focus more on the core exploration & production business, with fixed allocations to low carbon M&A cut out. PBR should be able to repeat its highly successf...
Petrobras: Still Too Cheap For Buyers To Ignore
Petrobras stock has outperformed its energy sector peers since early August, corroborating my bullish bias. PBR's solid profitability and robust dividend yields have likely mitigated concerns over inc...
Vallourec Secures Major Contract With Petrobras
VALLOUREC SECURES MAJOR CONTRACT WITH PETROBRAS Meudon (France), September 27, 2024 – Vallourec, a world leader in premium seamless tubular solutions, announces, after a competitive process, the signi...
Petrobras' focus remains Brazil despite Africa plans, director says
The main focus of Brazil state-run oil firm Petrobras remains in its home country, its director of exploration and production said on Thursday, adding that Brazil was a priority even as it intends to ...
Petrobras to lower jet fuel prices by almost 10%, CEO says
Brazilian state-run oil company Petrobras is set to lower jet fuel prices by nearly 10% starting October, Chief Executive Magda Chambriard told reporters on Thursday on the sidelines of an industry ev...
68 Graham All Star Value Stocks Show 55 In September Fit To Buy
The Value Score identifies large-cap stocks offering high value relative to their price, focusing on profits, cash flows, assets, and sales. The Ben Graham Formula targets ultra-stable stocks with str...