Petróleo Brasileiro S.A. - Petrobras (PBR.A)

NYSE: PBR.A · IEX Real-Time Price · USD
8.73
-0.10 (-1.13%)
At close: Mar 20, 2023, 4:00 PM
8.81
+0.08 (0.92%)
Pre-market: Mar 21, 2023, 5:50 AM EDT
-1.13%
Market Cap 61.50B
Revenue (ttm) 83.97B
Net Income (ttm) 19.88B
Shares Out 7.04B
EPS (ttm) 3.04
PE Ratio 1.56
Forward PE 2.45
Dividend $2.71 (31.03%)
Ex-Dividend Date Nov 22, 2022
Volume 12,481,853
Open 8.90
Previous Close 8.83
Day's Range 8.71 - 8.92
52-Week Range 7.86 - 15.04
Beta 1.02
Analysts Buy
Price Target 11.48 (+31.5%)
Earnings Date May 4, 2023

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 ex... [Read more]

Sector Energy
Founded 1953
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 1641.89%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for PBR.A stock is "Buy." The 12-month stock price forecast is $11.48, which is an increase of 31.50% from the latest price.

Price Target
$11.48
(31.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Wealth Distribution Changes at Petrobras

Rock-bottom interest rates, government stimulus globally, hopes of reopening, and record new orders with clogged backlogs - all these factors contributed to the rapid rise in oil and other energy comm...

Other symbols: PBR
2 weeks ago - MarketBeat

Shell, Chevron and Petrobras weigh Guyana oil auction bids -sources

Guyana's coming auction of offshore oil exploration blocks has lured at least 10 companies including Shell, Petrobras and Chevron, to consider the decade's hottest oil region, people close to the matt...

Other symbols: CVXPBRSHEL
2 weeks ago - Reuters

Brazil's Petrobras faces legal risks after halting asset sales -lawyers

Petrobras could face lawsuits for breach of contract after the company halted planned asset sales at the request of Brazilian leftist President Luiz Inacio Lula da Silva's government, specialist lawye...

Other symbols: PBR
2 weeks ago - Reuters

BW Energy: Golfinho transactions impacted by temporary suspension of Petrobras divestment program

Golfinho transactions impacted by temporary suspension of Petrobras divestment program

Other symbols: PBR
2 weeks ago - GlobeNewsWire

Why Are Brazilian Stocks PBR, VALE Down Today?

Brazilian stocks are falling today in response to a recent political uprising. On Sunday, Jan. 8, thousands of Brazilian protestors staged a riot in response to the recent election of Luiz Inácio Lula...

Other symbols: VALEBBDPBR
2 months ago - InvestorPlace

Brazil's Petrobras names interim head after CEO departs

Brazilian state-run oil company Petrobras said on Wednesday its board of directors had approved the early departure of chief executive officer Caio Paes de Andrade, which will take effect immediately.

Other symbols: PBR
2 months ago - Reuters

Why Is Petrobras (PBR) Stock Falling 9% Today?

Aligning with the soft performance of the U.S. equities sector for the first day of trading in 2023, Brazil's state-run petroleum firm Petrobras (NYSE: PBR) tumbled badly, losing 9% in the morning be...

Other symbols: PBR
2 months ago - InvestorPlace

Brazil's Petrobras will play leading role to expand refineries, says new energy minister

Brazil's new mines and energy minister Alexandre Silveira said on Monday that state-run oil company Petrobras would play a leading role in expanding the country's oil refining sector.

Other symbols: PBR
2 months ago - Reuters

Next Petrobras CEO says he will change company's fuel price policy

The incoming chief executive of Brazil's state-run oil company Petrobras said on Friday he planned to tweak the country's fuel price policy, but said investors need not worry.

Other symbols: PBR
2 months ago - Reuters

Petrobras' next CEO seen overseeing strategic shift with renewables focus

The nomination of a Brazilian senator and longtime energy consultant to lead Petrobras suggests President-elect Luiz Inacio Lula da Silva wants the state-run firm to pivot to more renewable energy pro...

Other symbols: PBR
2 months ago - Reuters

PGS Awarded Petrobras 4D Contract

December 22 , 2022 , Oslo, Norway : PGS is awarded a significant 4D production contract by Petrobras over the Barracuda-Caratinga field in the Campos basin offshore Brazil. Mobilization is scheduled t...

Other symbols: PBR
3 months ago - GlobeNewsWire

Brazil's Petrobras reaches deal with regulator on govt stake in oilfield

Brazilian state-run oil company Petrobras has reached a deal with oil regulator ANP to pay 780 million reais ($146.38 million) regarding the government's stake in its Jubarte oilfield, ANP said on Thu...

Other symbols: PBR
3 months ago - Reuters

China's CNOOC pays Petrobras $1.9 bln for production sharing deal at Brazil's Buzios field

Brazil's state oil firm Petrobras said on Thursday it received 10.3 billion reais ($1.9 billion) from Chinese oil and gas major CNOOC , a payment for a 5% stake in a production sharing agreement at th...

Other symbols: PBR
4 months ago - Reuters

Brazil's Lula won't have interventionist stance on Petrobras, aide says

Brazil's incoming leftist government will not have an interventionist stance on state-run oil giant Petrobras , a member of the transition team for President-elect Luiz Inacio Lula da Silva said on Th...

Other symbols: PBR
4 months ago - Reuters

UBS Downgrades Petrobras to Sell Amid Incoming Headwinds

Petroleo Brasileiro SA ( PBR , Financial), or Petrobras, has been downgraded from buy to sell by UBS Group AG ( UBS , Financial). The Swiss banking giant believes Petrobras' fortunes could be coming t...

Other symbols: PBR
4 months ago - GuruFocus

Why Is Petrobras (PBR) Stock Down Today?

Shares of Petrobras (NYSE: PBR) are getting hammered on Tuesday, down 13% so far on the day. At the low, PBR stock was down more than 16% in the session.

Other symbols: PBR
4 months ago - InvestorPlace

Petrobras stock sinks below $10 on NYSE-leading volume after UBS swings to a sell rating

The U.S.-listed shares of Petroleo Brasileiro S/A PBR, -3.34% PETR3, -2.38% sank 3.3% in very active afternoon trading Tuesday, putting them in track for the first sub-$10 close in exactly a year, aft...

Other symbols: PBR
4 months ago - Market Watch

Brazil transition team asks Bolsonaro govt to halt Petrobras asset sales

The transition team for Brazil's President-elect Luiz Inacio Lula da Silva asked the current administration to halt ongoing asset sales by state-run oil giant Petrobras until a new Mines and Energy Mi...

Other symbols: PBR
4 months ago - Reuters

Lula to start job interviews for Petrobras overhaul

Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run oil firm Petrobras, people familiar with the talks said, kicking off what may be a rocky few mont...

Other symbols: PBR
4 months ago - Reuters

Former Petrobras executive asks Brazil court to block dividend payment

Guilherme Estrella, former director of Brazil's state-controlled oil giant Petrobras , filed a lawsuit in court to block the payment of dividends by the company.

Other symbols: PBR
4 months ago - Reuters

Brazil's Petrobras beats profit expectations as uncertainty looms

Brazil's state-run oil firm Petrobras on Thursday posted a stronger than expected 48% surge in third-quarter profit, the latest in a string of stellar quarters under market-friendly managers whose day...

Other symbols: PBR
4 months ago - Reuters

Brazil's Petrobras to pay out $8.5 billion dividend amid squabble

Brazil's state-run oil company Petrobras will distribute dividends of around 43.68 billion reais ($8.5 billion), the firm said on Thursday, amid controversy over its massive payouts.

Other symbols: PBR
4 months ago - Reuters

Petrobras (PBR) Stock Falls 8% on Lula Victory in Brazil

Shares of Petrobras (NYSE: PBR), the Brazilian state oil company, fell after President Jair Bolsonaro lost his reelection battle to predecessor Luiz Inácio Lula da Silva, who is known as Lula. PBR st...

Other symbols: PBR
5 months ago - InvestorPlace

Europe-listed Brazil stocks, Petrobras slip after Lula election win

German-listed shares in Brazil's state-run oil company Petrobras slipped more than 7% in early European trade after leftist leader Luiz Inacio Lula da President Jair Bolsonaro in a runoff election.

Other symbols: PBR
5 months ago - Reuters

Options Activity Shows PetroBras Has More Upside Left - Petrobras Brasileiro (NYSE:PBR)

On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Petroleo Brasileiro (NYSE: PBR) traded six times its average daily call volume on Monday.

Other symbols: PBR
5 months ago - Benzinga