Petroleo Brasileiro S.A. (PBR)
| Market Cap | 64.89B |
| Revenue (ttm) | 53.68B |
| Net Income (ttm) | 1.14B |
| Shares Out | 6.52B |
| EPS (ttm) | 2.80 |
| PE Ratio | 3.55 |
| Forward PE | 5.33 |
| Dividend | $0.79 (7.97%) |
| Ex-Dividend Date | Aug 17, 2021 |
| Volume | 88,262,203 |
| Open | 9.86 |
| Previous Close | 10.05 |
| Day's Range | 9.36 - 10.05 |
| 52-Week Range | 5.61 - 11.69 |
| Beta | 1.38 |
| Analysts | Buy |
| Price Target | 13.32 (+33.9%) |
| Est. Earnings Date | Oct 28, 2021 |
About PBR
Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. 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 company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. The Exploration and Production segment explores for, dev...
Financial Performance
In 2020, PBR's revenue was $53.68 billion, a decrease of -29.91% compared to the previous year's $76.59 billion. Earnings were $1.14 billion, a decrease of -88.76%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for PBR stock is "Buy." The 12-month stock price forecast is 13.32, which is an increase of 33.87% from the latest price.
News
Petrobras (PBR) Dips More Than Broader Markets: What You Should Know
Petrobras (PBR) closed the most recent trading day at $9.95, moving -1% from the previous trading session.
Petrobras (PBR) Announces Q3 Production & Sales Volumes
Petrobras (PBR) produces 2.83 MMboed in third-quarter 2021, which increases 1.2% sequentially but declines 4.1% year over year.
Top Ranked Value Stocks to Buy for October 20th
PBR, ASO, and GIII made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 20, 2021.
TechnipFMC (FTI) Clinches Substantial Contract From Petrobras
The Coral do Atlantico is the third of TechnipFMC's (FTI) pipelay support vessels to be hired by Petrobras on a long-term charter in 2021, showing higher demand for flexibles in the Brazilian market.
Brazil Offshore Leases Draw Little Interest From Bidders
Brazil was unable to sell exploratory rights in the most promising offshore oil-rich blocks put up for sale. Despite the waning interest, Shell (RDS.A) acquired stakes in five Santos basin blocks.
Petrobras (PBR) Stock Sinks As Market Gains: What You Should Know
Petrobras (PBR) closed at $10.93 in the latest trading session, marking a -1.09% move from the prior day.
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Petrobras (PBR) Resumes Production at the Manati Gas Field
Post the completion of repair works, Petrobras (PBR) recommences production at the Manati offshore gas field in Brazil in which it holds 35% interest.
Top Ranked Value Stocks to Buy for October 13th
PBR, JFIN, and OLN made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 13, 2021.
Are Investors Undervaluing Petrobras (PBR) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
New Strong Buy Stocks for October 12th
WLK, MOV, OVV, PBR, and FERG have been added to the Zacks Rank #1 (Strong Buy) List on October 12, 2021.
Petrobras (PBR) to Divest Its Stake in the MP Gulf of Mexico
Petrobras (PBR) to sell off its 20% interest in the Texas-based firm MP Gulf of Mexico, LLC (MPGOM).
TechnipFMC Awarded Substantial Long-term Contract by Petrobras
NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a substantial(1) long-term charter and services contract by Petrobras (NYSE: PBR) for the pipelay support vesse...
Petrobras (PBR) Secures Bids for Albacora and Albacora Leste
Petrobras (PBR) acquires binding proposals for the Albacora and Albacora Leste fields in the Campos Basin from the PetroRio/Cobra and EIG Global Energies Partners/Enauta/3R Petroleum consortiums.
Petrobras (PBR) Stock Sinks As Market Gains: What You Should Know
Petrobras (PBR) closed at $10.64 in the latest trading session, marking a -0.37% move from the prior day.
Petrobras (PBR) Ends Deal Talks Over REFAP Refinery Divestment
Petrobras (PBR) and Ultrapar opt to end negotiations without penalty, as they fail to meet certain conditions to complete the refinery's sale and purchase process.
Brazil's Petrobras won't artificially control fuel prices - CEO
Petrobras Chief Executive Officer Joaquim Silva e Luna said there was "zero" risk that the state-run Brazilian oil company would seek to artificially control fuel prices even amid growing public outrage...
CNOOC to Buy Extra 5% Stake in Petrobras' (PBR) Buzios Oilfield
Per Petrobras (PBR), CNOOC's purchase of an additional 5% share in the massive Buzios pre-salt field will not impact its 2021 output goal until the deal is completed.
Petrobras (PBR) Aims to Obtain Net-Zero Emission From Operations
Petrobras' (PBR) net-zero target revolves around scopes 1 and 2 emissions, which include operational emissions and indirect emissions associated with energy purchases from third-party suppliers.
Petrobras (PBR) Enters Binding Stage to Sell Off Deten Stake
Petrobras (PBR) begins the binding phase of the sale of its full 27.88% ownership holding in Deten as part of its strategy to lower expenses and improve its capital deployment to add shareholder value.
Looking for Value? Why It Might Be Time to Try Petroleo Brasileiro (PBR)
Petroleo Brasileiro (PBR) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Petrobras (PBR) Dips More Than Broader Markets: What You Should Know
Petrobras (PBR) closed the most recent trading day at $9.52, moving -1.96% from the previous trading session.
Should Value Investors Buy Petrobras (PBR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Petrobras (PBR) to Divest Offshore Oilfield Assets in Brazil
Petrobras (PBR) begins the opportunity disclosure stage to divest its entire stake in the Urugua and Tambau fields. It operates with a 100% interest in both fields.
Petrobras (PBR) Sells 10% Stake in Lapa Field to TotalEnergies
Petrobras' (PBR) handover of its 10% share in the Lapa field complements its portfolio optimization and capital allocation strategy, which aims to add shareholder value.