Petróleo Brasileiro S.A. - Petrobras (PBR)
| Market Cap | 85.00B |
| Revenue (ttm) | 92.53B |
| Net Income (ttm) | 15.55B |
| Shares Out | 12.89B |
| EPS (ttm) | 1.20 |
| PE Ratio | 5.46 |
| Forward PE | 4.67 |
| Dividend | $2.47 (17.78%) |
| Ex-Dividend Date | Dec 27, 2024 |
| Volume | 10,064,608 |
| Open | 13.98 |
| Previous Close | 13.81 |
| Day's Range | 13.91 - 14.07 |
| 52-Week Range | 12.55 - 17.91 |
| Beta | 0.91 |
| Analysts | Strong Buy |
| Price Target | 18.28 (+31.42%) |
| 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]
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 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 31.42% from the latest price.
News
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...
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.
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 ...
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...
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...
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...
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 ...
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...
Expro Partners With Petrobras for Development of New Flowmeter Technology
HOUSTON--(BUSINESS WIRE)--Expro partners with Petrobras for development of new flowmeter technology.
SLB Awarded Integrated Services Contract for All Petrobras' Offshore Fields in Brazil
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced that it has been awarded, after a competitive tender, a new contract by Petrobras (NYSE: PBR) for integrated ...
Petrobras cuts investments for platform decommissioning by $1.1 billion
Brazil's state-run oil firm Petrobras cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in...
Brazil's Lula to swap Petrobras chairman, O Globo reports
Brazilian President Luiz Inacio Lula da Silva will appoint Petrobras chairman Pietro Mendes to a senior position at oil regulator ANP, local newspaper O Globo reported on Wednesday, citing a document ...
Brazil prosecutors push Petrobras for more Amazon drilling studies
Brazilian federal prosecutors asked state-run oil firm Petrobras to do more studies before drilling off the coast of the Amazon rainforest, citing potential effects of extreme weather on tides, accord...
Petrobras: There's Still Time To Buy This On The Cheap
Petrobras investors are navigating weakened optimism on the stock, notwithstanding its attractive valuations. PBR's revised capital spending plan suggests the focus remains on its core exploration and...
Petrobras' 5-Year Plan Could Provide Strong Returns
Petrobras, with a $93 billion market cap, plans to spend more than its current value on capital expenditures, indicating strong long-term potential. The company's 5-year guidance plan emphasizes subst...
Petrobras launches bid for vessels for Sergipe deepwater project
Brazilian state-run oil company Petrobras has launched a bid for up to two offshore oil production vessels for its Sergipe state deepwater project SEAP, it said in a securities filing late on Friday.
Of 36 Dividend Power Dogs, 11 Are Buyable In November
Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on h...
Petrobras: A Gift That Keeps On Giving - Rich Yields Remain Attractive
PBR remains a compelling investment due to its discounted valuations and rich forward dividend yields, outperforming many of its oil/ gas peers. While the moderating Brent oil spot prices and perceive...
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...