Petróleo Brasileiro S.A. - Petrobras (PBR)

NYSE: PBR · IEX Real-Time Price · USD
14.99
+0.15 (1.01%)
At close: Sep 29, 2023, 4:00 PM
15.08
+0.09 (0.60%)
After-hours: Sep 29, 2023, 7:59 PM EDT
1.01%
Market Cap 97.77B
Revenue (ttm) 124.47B
Net Income (ttm) 36.62B
Shares Out 6.52B
EPS (ttm) 5.62
PE Ratio 3.23
Forward PE 2.76
Dividend $3.64 (24.30%)
Ex-Dividend Date Aug 22, 2023
Volume 15,914,521
Open 14.98
Previous Close 14.84
Day's Range 14.95 - 15.14
52-Week Range 8.88 - 16.32
Beta 0.92
Analysts Buy
Price Target 16.09 (+7.34%)
Earnings Date Nov 3, 2023

About PBR

Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. It also 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 explores, develops, and produces crude oil... [Read more]

Sector Energy
Founded 1953
Employees 45,149
Stock Exchange NYSE
Ticker Symbol PBR
Full Company Profile

Financial Performance

In 2022, PBR's revenue was $124.47 billion, an increase of 48.24% compared to the previous year's $83.97 billion. Earnings were $36.62 billion, an increase of 84.27%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for PBR stock is "Buy." The 12-month stock price forecast is $16.09, which is an increase of 7.34% from the latest price.

Price Target
$16.09
(7.34% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Petrobras, Vale to seek opportunities for joint investment in renewables

The head of Brazil's state oil firm Petrobras said on Thursday it will sign a memorandum of understanding with mining giant Vale to study potential joint ventures in renewable energy, even as looks to...

Other symbols: VALE
3 days ago - Reuters

Brazil's WEG partners with Petrobras to develop onshore wind turbine

Brazilian motor maker WEG SA said on Tuesday that it has signed up to a strategic partnership with state-run oil firm Petrobras to develop a 7 megawatts onshore wind turbine.

18 days ago - Reuters

Oil firm Petrobras to present plan to become Brazil's top wind energy developer

Brazil state-run oil company Petrobras said on Tuesday it will present on Wednesday new initiatives aiming to make the firm the country's biggest developer of wind energy.

18 days ago - Reuters

Brazil's Petrobras to make scheduled stoppage at Regap refinery -sources

Brazilian state-run oil firm Petrobras will make a scheduled maintenance stoppage at its Gabriel Passos Refinery (Regap) in Minas Gerais state, three sources with knowledge of the matter told Reuters.

24 days ago - Reuters

Brazil's Petrobras signs agreements with Compagas for natural gas supply

Brazil's state-run oil company Petrobras has signed contracts for the supply of natural gas with gas company Compagas for around 6.4 billion reais ($1.28 billion), Compagas told Reuters on Tuesday.

25 days ago - Reuters

Brazil's Petrobras buys carbon credits for the first time

Brazilian oil company Petrobras has made its first carbon credit purchase, the state-run company said on Tuesday, seeking to burnish its environmental credentials in a broader push to become more sust...

26 days ago - Reuters

Petrobras-Mubadala partnership may open door to refinery deal, say sources

Brazilian state-run oil firm Petrobras remains eager to repurchase a refinery from Abu Dhabi state investor Mubadala despite antitrust barriers, and a new biofuels partnership could open the door to f...

26 days ago - Reuters

Brazil's Petrobras walks back 4 divestment processes after review

Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes, which were launched during the country's...

27 days ago - Reuters

Exclusive: Brazil's Petrobras plans China subsidiary in push to boost ties, CEO says

Petrobras plans to create a Chinese subsidiary, Chief Executive Jean Paul Prates told Reuters, as Brazil's state-run oil firm pushes to strengthen relations with the Asian nation that had "chilled" un...

4 weeks ago - Reuters

Brazil's Petrobras taps Chinese companies for energy collaboration

Brazilian state-run oil company Petrobras said on Wednesday it signed a memorandum of understanding (MOU) with Chinese state-owned oil firm CNOOC to extend its collaboration in the energy sector.

4 weeks ago - Reuters

Connecticut oil trader hit with new charges in Petrobras bribery case -DOJ

A Connecticut oil and gas trader already charged for his alleged role in a bribery scheme to win business from Brazil's state-owned Petrobras oil company was hit with additional charges on Tuesday, th...

4 weeks ago - Reuters

China's CNOOC, Brazil's Petrobras announce strategic cooperation agreement

Chinese state-owned oil and gas giant CNOOC has signed a strategic cooperation agreement with Brazilian state oil firm Petrobras , Chinese government-backed media outlet The Paper reported on Tuesday,...

4 weeks ago - Reuters

Brazil's Petrobras signs MOU with Chinese banks

Brazilian state-run oil company Petrobras said on Monday it has signed a memorandum of understanding (MOU) with China Development Bank (CHDB.UL) and Bank of China to partner on a range of projects.

4 weeks ago - Reuters

Petrobras to continue producing oil for the next 4 decades, says exec

Brazilian state-run oil company Petrobras expects to continue to produce oil for the next four decades, while also boosting investments in renewables as it seeks to drive an energy transition, an exec...

5 weeks ago - Reuters

Petrobras CEO says no pressure from govt on fuel prices

Brazil's Petrobras was not pressured by the federal government to refrain from raising local fuel prices, its CEO said, after the state-run oil company announced a major hike in gasoline and diesel pr...

6 weeks ago - Reuters

Brazil's Petrobras hikes fuel prices after 'abrupt' global spike

Brazilian state-run oil company Petrobras will raise gasoline and diesel prices at its refineries, it said on Tuesday, after an "abrupt" increase in global oil prices.

6 weeks ago - Reuters

Brazil's Petrobras does not intend to sell Braskem stake, report says

Brazilian state-run oil company Petrobras is not planning to sell its 36% stake in petrochemical firm Braskem , newspaper Valor Economico reported on Thursday, citing unnamed sources.

Other symbols: BAK
7 weeks ago - Reuters

Exclusive: Petrobras investments may rise up to 10% in new 5-year plan, says CFO

Brazil's Petrobras may increase investments in its next five-year business plan by up to 10% over the previous one, which would place the state-run oil company's capital expenditures at around $86 bil...

7 weeks ago - Reuters

Protesters oppose Petrobras oil exploration plan at mouth of Amazon river

Environmental demonstrators protested on Sunday against plans by Brazilian state-run oil company Petrobras to drill for oil at the mouth of the Amazon river.

7 weeks ago - Reuters

Brazil's Petrobras to start share buyback program conservatively

Brazil's state-owned oil company Petrobras said on Friday that its share buyback program will start conservatively to avoid causing major price fluctuations.

2 months ago - Reuters

Brazil's Petrobras profit drops 36% in Q2

Brazilian state-run oil firm Petrobras on Thursday posted a 35.9% fall in its second-quarter profit.

2 months ago - Reuters

Brazil's Petrobras to trim dividends under new policy

Brazilian state-run oil firm Petrobras' board of directors on Friday approved a new shareholder remuneration policy that will trim its hefty dividend and allow share buybacks, according to a securitie...

2 months ago - Reuters

Brazil's Petrobras oil output dips slightly in second quarter

Brazilian state-run oil company Petrobras said on Wednesday its second-quarter crude oil production fell 0.6% compared to the same period last year.

2 months ago - Reuters

Petrobras: A High-Yield Energy Stock That Is Undervalued

Petroleo Brasileiro SA Petrobras ( PBR , Financial), also known as simply Petrobas, is an integrated energy company controlled by the Brazilian government.

2 months ago - GuruFocus

Petrobras Q2 dividends to be based on new policy, CFO says

Brazilian state-run oil company Petrobras is likely to already base its second-quarter dividends on a new policy being prepared by a working group, Chief Financial Officer Sergio Caetano Leite said on...

2 months ago - Reuters