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Petroleo Brasileiro S.A. (PBR)

NYSE: PBR · IEX Real-Time Price · USD
9.92
-0.03 (-0.30%)
After-hours:Oct 22, 2021 7:56 PM EDT
9.95
-0.10 (-1.00%)
At close: Oct 22, 4:00 PM
Market Cap64.89B
Revenue (ttm)53.68B
Net Income (ttm)1.14B
Shares Out6.52B
EPS (ttm)2.80
PE Ratio3.55
Forward PE5.33
Dividend$0.79 (7.97%)
Ex-Dividend DateAug 17, 2021
Volume88,262,203
Open9.86
Previous Close10.05
Day's Range9.36 - 10.05
52-Week Range5.61 - 11.69
Beta1.38
AnalystsBuy
Price Target13.32 (+33.9%)
Est. Earnings DateOct 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...

IndustryOil, Gas & Consumable Fuels
Founded1953
CEOAldemir Bendine
Employees49,050
Stock ExchangeNYSE
Ticker SymbolPBR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$13.32
(33.87% upside)
Analyst Consensus: Buy

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.

8 hours ago - Zacks Investment Research

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.

18 hours ago - Zacks Investment Research

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.

Other symbols:ASOGIII
2 days ago - Zacks Investment Research

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.

Other symbols:FTI
4 days ago - Zacks Investment Research

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.

Other symbols:CVXECMURTTE
1 week ago - Zacks Investment Research

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.

1 week ago - Zacks Investment Research

7 Foreign Stocks All U.S. Investors Should Be Watching

U.S. investors looking to diversify their portfolio to maximize long-term returns may want to consider these top foreign stocks right now. The post 7 Foreign Stocks All U.S. Investors Should Be Watching...

Other symbols:AZNBIDUBTIJDRIOSTM
1 week ago - InvestorPlace

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.

1 week ago - Zacks Investment Research

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.

Other symbols:JFINOLN
1 week ago - Zacks Investment Research

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...

1 week ago - Zacks Investment Research

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.

Other symbols:FERGMOVOVVWLK
1 week ago - Zacks Investment Research

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).

1 week ago - Zacks Investment Research

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...

Other symbols:FTI
1 week ago - Business Wire

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.

2 weeks ago - Zacks Investment Research

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.

2 weeks ago - Zacks Investment Research

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.

2 weeks ago - Zacks Investment Research

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...

2 weeks ago - Reuters

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.

Other symbols:CEO
3 weeks ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Zacks Investment Research

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.

1 month ago - Zacks Investment Research

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.

Other symbols:TTE
1 month ago - Zacks Investment Research