Petróleo Brasileiro S.A. - Petrobras (PBR)
| Market Cap | 103.08B |
| Revenue (ttm) | 124.47B |
| Net Income (ttm) | 36.62B |
| Shares Out | 6.45B |
| EPS (ttm) | 5.62 |
| PE Ratio | 3.87 |
| Forward PE | 4.70 |
| Dividend | $2.89 (18.12%) |
| Ex-Dividend Date | Nov 22, 2023 |
| Volume | 4,535,579 |
| Open | 16.06 |
| Previous Close | 16.03 |
| Day's Range | 15.91 - 16.10 |
| 52-Week Range | 9.27 - 16.55 |
| Beta | 1.09 |
| Analysts | Strong Buy |
| Price Target | 16.10 (+0.81%) |
| Earnings Date | Nov 9, 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]
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 StatementsAnalyst Forecast
According to 9 analysts, the average rating for PBR stock is "Strong Buy." The 12-month stock price forecast is $16.1, which is an increase of 0.81% from the latest price.
News
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Petrobras says Carmo Energy fails to make payment for oil assets
SAO PAULO, Dec 26 (Reuters) - Brazil's Petrobras (PETR4.SA) said on Tuesday that Carmo Energy has not fulfilled contractual obligations related to its purchase of the onshore Polo Carmopolis area from...
Brazil's Petrobras mulls Mubadala refining partnership
SAO PAULO, Dec 22 (Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) said it will analyze a proposal from Abu Dhabi sovereign investor Mubadala on creating a strategic refining and biore...
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Petrobras expects to make first Amazon mouth drill in 2024, CEO says
Brazilian state-run oil company Petrobras expects to make its first drill near the mouth of the Amazon River in 2024, its chief executive said on Wednesday, as the firm awaits for clearance from the l...
Airlines urge Brazil, Petrobras to lower jet fuel prices
Airline lobby group IATA has urged the Brazilian government and state-run oil company Petrobras to tweak the way jet fuel is charged in the country in order to reduce costs, calling kerosene prices in...
Brazil to join OPEC+ but won't cap oil output, Petrobras CEO says
Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps, the chief executive of state-run oil firm Petrobras tol...
Brazil's Petrobras asks regulator for renegotiation of agreement on refinery sales
Brazilian state-run firm Petrobras has filed requests to Brazil's competition regulator Cade to renegotiate terms that stipulated the company must sell some of its oil refining and natural gas assets,...
Brazil's Petrobras plans to 'revitalize' company with $102 bln investment
Brazil's state-run oil company Petrobras laid out its 2024-2028 strategic plan on Friday, seeking to "revitalize" the firm and start the process of energy transition, CEO Jean Paul Prates said.
Brazil's Petrobras to invest $102 billion in next five years
Brazil's Petrobras will invest around $102 billion within the 2024-2028 period, the firm's new strategic plan showed on Thursday, representing a major boost in expected investments by the state-run oi...
Brazil agency to rule if Petrobras can drill near Amazon mouth by early 2024
Brazil's environment protection agency Ibama is expected to decide by early next year if state-run oil company Petrobras can drill near the mouth of the Amazon River, Ibama's president Rodrigo Agostin...
Lula asks Petrobras to tweak investment plan for more Brazil jobs, sources say
Brazilian President Luiz Inacio Lula da Silva pressed the head of state-run oil firm Petrobras , Jean Paul Prates, to modify the company's 2024-2028 investment plane to prioritize local job creation, ...
Energy looks to dominate markets with 3 oil and gas stocks
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Petrobras' five-year plan could include around $100 billion in projects - source
Brazil's state-run oil company Petrobras' upcoming five-year business plan will include around $100 billion in investments the firm is both analyzing and those it has already committed to, a source fa...
Brazil's Petrobras reports 41% decline in third-quarter profit
Brazil's state-run oil company Petrobras posted a 41.5% drop in its third-quarter profits on Thursday.
Brazil's Petrobras third-quarter oil output grows 9.6%
Brazilian state-run oil company Petrobras said on Thursday that its crude oil production during the third quarter rose 9.6% compared to the same period last year.
Brazil's Petrobras says no deal for fertilizer plant in Bolivia
Brazilian state-run oil company Petrobras said on Thursday it has not reached any deal with Bolivia's YPFB on potentially building a new fertilizer plant in the neighboring country.
Brazil's Petrobras and Bolivian YPFB eye $2.5 bln investment in urea plant
Brazilian state-run oil company, Petrobras and Bolivia's Yacimientos Petroliferos Fiscales Bolivianos (YPFB) are considering a $2.5 billion investment in a new urea and ammonia plant near the border b...
Brazil's Petrobras to cut gasoline, raise diesel prices
Brazilian state-run oil firm Petrobras said on Thursday it will cut prices of gasoline sold to distributors and raise those for diesel starting on Oct. 21.
Output from Brazil's Petrobras hits nearly 4 mln barrels in third quarter
Brazilian state-run oil firm Petrobras said on Monday its combined oil and gas output in the third quarter reached 3.98 million barrels of oil equivalent per day from the projects it operates.
Petrobras expects to drill near Amazon mouth in 2024, says CEO
Brazil's state-run oil company Petrobras expects to do exploratory drilling next year near the mouth of the Amazon River, along the coast of the state of Amapa, Chief Executive Jean Paul Prates said o...
Petrobras refineries in Q3 reach 95.8% utilization, highest since 2014
Brazil's Petrobras reached a refinery utilization rate of 95.8% in the third quarter, its highest since 2014, the state-run oil company said on Tuesday.
Israel conflict to lead to higher oil volatility, Petrobras says
The conflict between Israel and the Palestinian Islamist group Hamas is likely to lead to higher volatility and speculation in oil markets, the CEO of Brazil's Petrobras said on Monday, days after a s...
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...
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.