Petroleo Brasileiro SA (PBR.A)

NYSE: PBR.A · IEX Real-Time Price · USD
11.08
+0.09 (0.82%)
At close: Sep 30, 2022 4:00 PM
11.17
+0.09 (0.81%)
After-hours: Sep 30, 2022 7:54 PM EDT
0.82%
Market Cap 75.75B
Revenue (ttm) 83.97B
Net Income (ttm) 19.88B
Shares Out 6.84B
EPS (ttm) 4.76
PE Ratio 2.33
Forward PE 3.11
Dividend $5.75 (51.86%)
Ex-Dividend Date Aug 12, 2022
Volume 20,039,389
Open 10.79
Previous Close 10.99
Day's Range 10.73 - 11.41
52-Week Range 8.98 - 15.04
Beta 1.37
Analysts Buy
Price Target 15.39 (+38.9%)
Earnings Date Aug 3, 2022

About PBR.A

Petróleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The Exploration and Production segment e... [Read more...]

Industry Oil, Gas & Consumable Fuels
Founded 1953
CEO Aldemir Bendine
Employees 45,532
Stock Exchange NYSE
Ticker Symbol PBR.A
Full Company Profile

Financial Performance

In 2021, PBR.A's revenue was $83.97 billion, an increase of 56.41% compared to the previous year's $53.68 billion. Earnings were $19.88 billion, an increase of 1,641.89%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for PBR.A stock is "Buy." The 12-month stock price forecast is 15.39, which is an increase of 38.90% from the latest price.

Price Target
$15.39
(38.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Brazil's Election Is Almost Here. Get Ready to Buy Petrobras Stock.

Petrobras has underperformed due to concerns surrounding Brazil's election. Those fears should pass soon.

Other symbols: PBR
2 days ago - Barrons

Petrobras to release new strategic plan in November, director says

Petrobras is set to present its new strategic plan for the coming years in November, an executive for Brazil's state-run company said on Wednesday, hinting it should be "consistent" with the current foc...

Other symbols: PBR
4 days ago - Reuters

Exclusive-Norway's Yara close to acquiring Brazil's Petrobras fertilizer unit

Yara International ASA is close to acquiring the fertilizer unit put on sale by state-controlled oil company Petroleo Brasileiro SA, known as Petrobras, two sources with knowledge of the matter said on ...

Other symbols: PBR
3 weeks ago - Reuters

Petrobras moves closer to fertilizer plant sale

Brazil's Petrobras said on Monday it had started the binding phase of selling its fertilizer project UFN-III, inviting potential buyers to bid on the plant.

Other symbols: PBR
1 month ago - Reuters

Petrobras to cut aviation gas prices by 15.7% in September

Brazil's Petrobras said on Monday it will cut aviation gasoline prices for distributors by 15.7% starting Sept. 1.

Other symbols: PBR
1 month ago - Reuters

Brazil's Petrobras puts potassium mining rights up for sale

Brazil's Petrobras said on Thursday it has begun the "teaser" seeking bidders for a planned auction of its potassium mining rights in the Amazon basin.

Other symbols: PBR
1 month ago - Reuters

Brazil's Lula advised to buy back Petrobras refineries - source

An oil and gas industry study commissioned by the campaign of former President Luiz Inacio Lula da Silva for the October elections will recommend bolstering Petrobras' refining capacity, including the r...

Other symbols: PBR
1 month ago - Reuters

Petrobras leapfrogs oil majors in dividend payouts by more than 50%

Brazil's state-controlled oil company Petrobras will distribute at least twice as much as the biggest international oil producers in second quarter dividends, boosting the government's coffers amid a te...

Other symbols: PBR
2 months ago - Reuters

Petrobras Rises After Revenue Beat

Petroleo Brasileiro SA ( PBR , Financial), known more commonly as Petrobras, is continuing its magnificent run after reporting excellent second-quarter results. Many seem divided on the future of oil pr...

Other symbols: PBR
2 months ago - GuruFocus

Brazil's Petrobras beats quarterly profit, margin estimates

Brazil's Petrobras smashed second quarter profit and margin estimates, boosted by divestments and higher margins in its natural gas business, the company said on Thursday.

Other symbols: PBR
2 months ago - Reuters

Brazil's Petrobras elects new CEO as fuel price pressures mount

The board of directors of Brazil's Petrobras elected Caio Paes de Andrade as its new chief executive on Monday, as a messy management transition at the state-run oil company inches toward conclusion.

Other symbols: PBR
3 months ago - Reuters

Incoming Petrobras CEO tells committee he has no gov't guidance on pricing policy

The incoming chief executive of Brazil's state-run oil company Petrobras told a corporate committee he has not received any guidance from the government on changing the firm's fuel pricing policy, a doc...

Other symbols: PBR
3 months ago - Reuters

Sarah Ketterer's 5 Favorite Energy Stocks

Causeway Capital Management, the Los Angeles-based firm founded by Sarah Ketterer (Trades, Portfolio) and Harry Hartford in 2001, seeks to achieve superior risk-adjusted returns by investing in misprice...

Other symbols: BPCPGSHELTTEPBR
3 months ago - GuruFocus

Brazil's Petrobras to postpone price hike until after tax cut vote -sources

Brazilian state-run oil company Petrobras will avoid raising fuel prices until after Congress finishes debating further tax cuts, two sources close to the matter told Reuters on Tuesday.

Other symbols: PBR
3 months ago - Reuters

Brazil to include Petrobras in privatization report

The board of Brazil's Investment Partnerships Program (PPI) said on Thursday they will include state-run oil company Petrobras in their privatization report.

Other symbols: PBR
4 months ago - Reuters

Prosafe SE: Safe Eurus contract award from Petrobras

Prosafe has been awarded a contract by Petróleo Brasileiro SA (‘Petrobras') for the provision of the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil. Similar to the...

Other symbols: PBR
4 months ago - GlobeNewsWire

Petrobras shares drop following CEO ouster, fuel price woes

Shares of Brazil's state-run oil company Petrobras plunged on Tuesday after the government ousted its chief executive for the second time in two months and signaled plans to alter the company's market-b...

Other symbols: PBR
4 months ago - Reuters

Bolsonaro fires Petrobras CEO who warned of diesel crisis

Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras -- the second in two months -- after the company refused to sell fuels at a discount to consumers warning...

Other symbols: PBR
4 months ago - CNN Business

Exclusive-Bolsonaro fires Petrobras CEO who warned of diesel crisis

(Reuters) -Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras - the second in two months - after the company refused to sell fuels at a discount to consumer...

Other symbols: PBR
4 months ago - Reuters

New CEO of Brazil's Petrobras to be Caio Mario Paes, ministry says

Brazil economy ministry official Caio Mario Paes will be the next chief executive of Brazil's state-run oil company Petrobras, the country's mining and energy ministry said in a statement late on Monday.

Other symbols: PBR
4 months ago - Reuters

Exclusive-U.S. asked Brazil's Petrobras if it could raise oil output; it said no -sources

U.S. government officials in March asked Brazil's state-run oil company Petrobras whether it could increase crude output after Russia's invasion of Ukraine sent global prices soaring, three people with ...

Other symbols: PBR
4 months ago - Reuters

Giant Pension Bought AMD, Tilray, Uber, and Petrobras Stock

New Jersey's state pension materially increased investments in chip maker AMD, marijuana producer Tilray, ride-hailing firm Uber, and energy giant Petrobras.

Other symbols: AMDPBRTLRYUBER
4 months ago - Barrons

Brazil's Petrobras posts $9 billion profit as Bolsonaro rails against company

Brazil's Petrobras posted a first-quarter net income that beat forecasts on Thursday, just minutes after Brazilian President Jair Bolsonaro railed against the state-run oil company's profitability, sayi...

Other symbols: PBR
4 months ago - Reuters

Brazil's Petrobras starts binding phase for sale of MP Gulf of Mexico stake

Brazil's Petrobras on Monday started the binding phase to sell its subsidiary 20% stake in Texas-based MP Gulf of Mexico LLC, which owns offshore fields in the region.

Other symbols: PBR
5 months ago - Reuters

Brazil's Petrobras elects Jose Mauro Coelho as CEO

Brazilian state-run oil company Petrobras said on Thursday its board of directors has elected Jose Mauro Coelho as the firm's chief executive for a one-year term.

Other symbols: PBR
5 months ago - Reuters