Petróleo Brasileiro S.A. - Petrobras (PBR)

BR — Energy Sector
Peers: EC  EQNR  E  CVE  PBR-A  YPF  TGS  SHEL  XOM  CVX  TTE  BP 

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Key Metrics & Ratings

  • symbol PBR
  • Rev/Share 7.0927
  • Book/Share 4.6048
  • PB 1.2658
  • Debt/Equity 1.0204
  • CurrentRatio 0.6941
  • ROIC 0.1074

 

  • MktCap 36973555008.0
  • FreeCF/Share 1.7449
  • PFCF 1.644
  • PE 9.9388
  • Debt/Assets 0.332
  • DivYield 0.1742
  • ROE 0.1075

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 3
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade PBR Jefferies Hold Buy -- $15.3 May 15, 2025
Upgrade PBR HSBC Securities Hold Buy -- $15 March 5, 2025
Downgrade PBR HSBC Securities Buy Hold -- -- Oct. 21, 2024
Upgrade PBR JP Morgan Neutral Overweight $16.5 $19 Sept. 25, 2024
Upgrade PBR Morgan Stanley Equal Weight Overweight $18 $20 Aug. 26, 2024

News

Petrobras Announces Gasoline Price Cut for Distributors
PBR
Published: June 03, 2025 by: Zacks Investment Research
Sentiment: Positive

PBR announces it will cut gasoline prices by 0.17 reais to 2.85 reais/liter, effective Tuesday, following rising demand and a shift in pricing policy.

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image for news Petrobras Announces Gasoline Price Cut for Distributors
Petrobras Awards 48-Month Offshore Contract to Mota-Engil Unit
PBR
Published: June 02, 2025 by: Zacks Investment Research
Sentiment: Positive

PBR signs a EUR 250 million deal with Mota-Engil to deliver advanced offshore construction and maintenance services across key platforms in Brazil's pre-salt Santos Basin.

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image for news Petrobras Awards 48-Month Offshore Contract to Mota-Engil Unit
Brazil's Petrobras to commission 52 vessels by 2026-end in $5.1 billion investment
PBR, PBR-A
Published: May 29, 2025 by: Reuters
Sentiment: Positive

Brazil's state-run oil firm Petrobras will commission 52 vessels by 2026, investing 29 billion reais ($5.12 billion), said Chief Executive Magda Chambriard during an event on Thursday alongside President Luiz Inacio Lula da Silva.

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image for news Brazil's Petrobras to commission 52 vessels by 2026-end in $5.1 billion investment
Petrobras Achieves First Oil at Mero-4 in Brazil's Santos Basin
PBR
Published: May 28, 2025 by: Zacks Investment Research
Sentiment: Neutral

PBR begins oil and gas production at Mero-4 via FPSO Alexandre de Gusmao over two months ahead of schedule in Brazil's Santos basin.

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image for news Petrobras Achieves First Oil at Mero-4 in Brazil's Santos Basin
Petrobras Inks MoU With Sonangol to Boost Energy Collaboration
PBR
Published: May 27, 2025 by: Zacks Investment Research
Sentiment: Positive

Petrobras signs MoU with Sonangol to boost oil and gas R&D, expanding its strategic footprint in Angola amid deepening Brazil-Angola energy ties.

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image for news Petrobras Inks MoU With Sonangol to Boost Energy Collaboration
Petrobras wants more power to appoint Braskem board members and directors, sources say
BAK, PBR, PBR-A
Published: May 26, 2025 by: Reuters
Sentiment: Neutral

Brazil's Petrobras wants to review Braskem's shareholders agreement for possible changes to allow it more say in the petrochemical firm's decisions, three sources close to the matter at the state-run oil firm told Reuters.

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image for news Petrobras wants more power to appoint Braskem board members and directors, sources say
Buy Any Of 18 Ideal 'Safer' May Dividend Dogs Out Of 70 Graham Value All-Stars (GVAS)
AAT, ARCC, BCS, BNS, BXSL, CALM, COLB, DHT, ET, FSK, GBDC, HP, HTGC, ING, ITUB, IVZ, KHC, MO, MPLX, NWBI, OBDC, PBR, PFS, RIO, RMR
Published: May 23, 2025 by: Seeking Alpha
Sentiment: Positive

I use YCharts' Value Score and Ben Graham Formula to identify large-cap stocks offering strong value relative to profits, assets, and dividends. Eighteen of twenty-four 'safer' lowest-priced Dividend Dogs of the GVAS are fair-priced and ready to buy for income-focused investors. Top ten GVAS stocks are projected to deliver 17.99% to 68.74% net gains by May 2026, with average risk 29% below the market.

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image for news Buy Any Of 18 Ideal 'Safer' May Dividend Dogs Out Of 70 Graham Value All-Stars (GVAS)
Chevron vs. Petrobras: Is Either Oil Giant Worth Holding Onto Now?
CVX, PBR
Published: May 23, 2025 by: Zacks Investment Research
Sentiment: Negative

CVX and PBR face falling cash flow, rising debt and earnings pressure. Both stocks are now rated Strong Sell amid mounting macro and company-specific risks.

Read More
image for news Chevron vs. Petrobras: Is Either Oil Giant Worth Holding Onto Now?
Petrobras Initiates Major Shutdown at Refap for Key Upgrades
PBR
Published: May 23, 2025 by: Zacks Investment Research
Sentiment: Positive

PBR begins R$557 million maintenance at Refap refinery in Canoas, boosting local jobs and ensuring a stable fuel supply through August despite reduced output.

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image for news Petrobras Initiates Major Shutdown at Refap for Key Upgrades
Petrobras Signs Major EPCI Contract With Subsea 7 for Buzios 11
PBR, SUBCY
Published: May 22, 2025 by: Zacks Investment Research
Sentiment: Neutral

PBR signs a R$8.4 billion contract with Subsea 7 for the Buzios 11 Project, focusing on local content and job creation, with offshore work scheduled for October 2027.

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image for news Petrobras Signs Major EPCI Contract With Subsea 7 for Buzios 11
Petrobras Prepares Drill Ship Deployment for Oil Exploration in Amapa
PBR
Published: May 21, 2025 by: Zacks Investment Research
Sentiment: Negative

PBR is set to deploy a drill ship to Amapa for oil exploration in the Foz do Amazonas Basin amid regulatory hurdles and environmental scrutiny.

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image for news Petrobras Prepares Drill Ship Deployment for Oil Exploration in Amapa
Petrobras to have drill ship ready for travel to Brazil's Foz do Amazonas by month's end, sources say
PBR, PBR-A
Published: May 20, 2025 by: Reuters
Sentiment: Positive

Brazilian oil firm Petrobras will have a drill ship ready to make the trip to the northern state of Amapa by the end of the month, three sources close to the matter told Reuters, as the company rushes for a drilling license for the Foz do Amazonas basin.

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image for news Petrobras to have drill ship ready for travel to Brazil's Foz do Amazonas by month's end, sources say
Petrobras' Austerity Leads to Strike by Brazilian Oil Workers
PBR
Published: May 19, 2025 by: Zacks Investment Research
Sentiment: Neutral

PBR is set to face a two-day strike as oil workers protest against cost-cutting measures and stalled talks on compensation amid falling crude prices.

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image for news Petrobras' Austerity Leads to Strike by Brazilian Oil Workers
Petrobras Plans Return to Nigeria Amid Upstream Realignment
PBR
Published: May 16, 2025 by: Zacks Investment Research
Sentiment: Neutral

PBR aims to re-enter Nigeria's oil market, targeting deepwater exploration to support the country's efforts to increase oil production and attract investment.

Read More
image for news Petrobras Plans Return to Nigeria Amid Upstream Realignment
Petrobras Q1: Higher CapEx, Weaker Oil Prices, And Fewer Dividends Ahead
BNO, DBO, GUSH, IEO, OIH, OIL, PBR, PBR-A, PXJ, UCO, USO, XOP
Published: May 16, 2025 by: Seeking Alpha
Sentiment: Negative

Petrobras' dividend thesis is under pressure due to rising CapEx, weaker Brent prices, and declining free cash flow. Management's aggressive investment strategy, especially in refining and energy transition, raises concerns about efficiency and future returns. Despite a still-strong dividend yield, its sustainability is doubtful given lower oil prices, higher debt, and less room for extraordinary payouts.

Read More
image for news Petrobras Q1: Higher CapEx, Weaker Oil Prices, And Fewer Dividends Ahead
Brazil oil workers plan strike to protest Petrobras' austerity turn
PBR, PBR-A
Published: May 15, 2025 by: Reuters
Sentiment: Negative

Brazil's federation of oil workers, known as FUP, announced on Thursday a two-day warning strike at state-run oil company Petrobras "in protest against the stagnation in negotiations with the company," according to a statement.

Read More
image for news Brazil oil workers plan strike to protest Petrobras' austerity turn
Petrobras: Solid Fundamentals In A Turbulent Political Environment
PBR, PBR-A
Published: May 15, 2025 by: Seeking Alpha
Sentiment: Positive

Petrobras is executing a $111B plan through 2029, focused on offshore pre-salt expansion, industrial growth, and energy transition, while maintaining strong margins and efficient capital allocation. Despite solid profitability and rising production, Petrobras trades at deep discounts: P/E FWD of 4.24x and EV/EBITDA of 3.01x, over 50% below industry averages. Q1 2025 results show resilience: $6B net income (+25% YoY), $10.7B EBITDA, and 2.77MM boed production, led by new FPSOs and discoveries in Brazil and Colombia.

Read More
image for news Petrobras: Solid Fundamentals In A Turbulent Political Environment
Is It Worth Investing in Petrobras (PBR) Based on Wall Street's Bullish Views?
PBR
Published: May 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Read More
image for news Is It Worth Investing in Petrobras (PBR) Based on Wall Street's Bullish Views?
Petrobras Q1 Earnings Slump on Flat Production, Price Drop
PBR
Published: May 14, 2025 by: Zacks Investment Research
Sentiment: Negative

PBR had a net debt of $56,034 million at the end of the first quarter, up from $43,646 million a year ago and $52,240 million as of Dec. 31, 2024.

Read More
image for news Petrobras Q1 Earnings Slump on Flat Production, Price Drop
Brazil's Petrobras to revise strategic plan due to lower oil prices
BNO, DBO, GUSH, IEO, OIH, OIL, PBR, PBR-A, PXJ, UCO, USO, XOP
Published: May 13, 2025 by: Reuters
Sentiment: Neutral

Brazilian state-run oil company Petrobras is set to revise its five-year strategic plan due to lower Brent crude oil prices, Chief Executive Magda Chambriard told analysts during the firm's first-quarter earnings call on Tuesday.

Read More
image for news Brazil's Petrobras to revise strategic plan due to lower oil prices
Petrobras Declares High-Quality Oil Discovery in Brazil's Santos Basin
PBR
Published: May 12, 2025 by: Zacks Investment Research
Sentiment: Positive

PBR discovers high-quality oil in the Santos Basin's Aram block, bolstering Brazil's pre-salt exploration momentum.

Read More
image for news Petrobras Declares High-Quality Oil Discovery in Brazil's Santos Basin
Petrobras (PBR) Advances But Underperforms Market: Key Facts
PBR
Published: May 07, 2025 by: Zacks Investment Research
Sentiment: Negative

In the closing of the recent trading day, Petrobras (PBR) stood at $11.32, denoting a +0.18% change from the preceding trading day.

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image for news Petrobras (PBR) Advances But Underperforms Market: Key Facts
Is Petrobras Stock a Safe Bet Before Its Q1 Earnings Release?
PBR
Published: May 07, 2025 by: Zacks Investment Research
Sentiment: Positive

As PBR gears up to report Q1 earnings on May 12, let's find out how the expectations stack up. Also, know how to play the stock ahead of results.

Read More
image for news Is Petrobras Stock a Safe Bet Before Its Q1 Earnings Release?
Brazil's Petrobras hikes jet fuel prices by 0.3% in May
PBR, PBR-A
Published: May 02, 2025 by: Reuters
Sentiment: Neutral

Brazilian state-run oil firm Petrobras increased the price of jet fuel sold to distributors by an average 0.3% starting May 1, it said on Friday.

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image for news Brazil's Petrobras hikes jet fuel prices by 0.3% in May
Petrobras: Gigantic Yield, It's A Buy
PBR, PBR-A
Published: May 02, 2025 by: Seeking Alpha
Sentiment: Positive

Petrobras offers a massive dividend yield and trades at an undemanding valuation. The company's recent loss was due to one-time accounting items, not poor performance, with strong underlying results and cash generation. Petrobras' dividend payments are irregular but substantial, offering a high yield even if reduced, supported by strong free cash flow.

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image for news Petrobras: Gigantic Yield, It's A Buy
Is Petrobras (PBR) a Buy as Wall Street Analysts Look Optimistic?
PBR
Published: April 29, 2025 by: Zacks Investment Research
Sentiment: Positive

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Read More
image for news Is Petrobras (PBR) a Buy as Wall Street Analysts Look Optimistic?
Petrobras approves tender to restart fertilizer plants in Brazil's northeast, say sources
PBR, PBR-A
Published: April 18, 2025 by: Reuters
Sentiment: Positive

The board of Brazilian state-run oil company Petrobras on Thursday approved plans to select a partner to restart operations at its fertilizer plants in northeastern Brazil, according to four sources familiar with the matter.

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image for news Petrobras approves tender to restart fertilizer plants in Brazil's northeast, say sources
PBR to Commence Well Decommissioning in Sergipe Basin Offshore Brazil
PBR
Published: April 17, 2025 by: Zacks Investment Research
Sentiment: Neutral

According to Petrobras, the Arabia I jack-up rig has arrived in Brazil on April 13, 2025, and is on its way to the Guaricema field to commence well decommissioning tasks.

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image for news PBR to Commence Well Decommissioning in Sergipe Basin Offshore Brazil
Petrobras & Suncor Energy: For International Diversification, Consider Suncor
PBR, PBR-A, SU
Published: April 16, 2025 by: Seeking Alpha
Sentiment: Positive

Both Petrobras and Suncor Energy align well with Ray Dalio's investing principles, offering geographical diversification and commodity exposure amidst U.S.-China trade tensions. PBR and SU are less sensitive to the U.S.-China trade conflict (than say US or Chinese companies) and could potentially even benefit from U.S.-China tariff conflicts. Both companies have significantly reduced debt, improved their financial strength, and enhanced their capital allocation flexibility in recent years.

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image for news Petrobras & Suncor Energy: For International Diversification, Consider Suncor
This is Why Investors Should Exercise Caution With Petrobras
PBR
Published: April 11, 2025 by: Zacks Investment Research
Sentiment: Neutral

One of PBR's brightest spots is its robust production outlook.

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image for news This is Why Investors Should Exercise Caution With Petrobras

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

  • IPO Date 2000-08-10
  • Website https://petrobras.com.br
  • Industry Oil & Gas Integrated
  • CEO Ms. Magda Maria de Regina Chambriard
  • Employees 41778

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 explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.