BOVESPA:PETR4

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Petróleo Brasileiro - Petrobras

Executive Summary

Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. More Details


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Petróleo Brasileiro - Petrobras's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PETR4 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.1%

PETR4

1.1%

BR Oil and Gas

0.8%

BR Market


1 Year Return

-28.8%

PETR4

-25.5%

BR Oil and Gas

-4.6%

BR Market

Return vs Industry: PETR4 underperformed the BR Oil and Gas industry which returned -25.5% over the past year.

Return vs Market: PETR4 underperformed the BR Market which returned -4.6% over the past year.


Shareholder returns

PETR4IndustryMarket
7 Day2.1%1.1%0.8%
30 Day-3.1%-4.2%3.6%
90 Day-11.3%-10.3%-3.0%
1 Year-27.3%-28.8%-23.9%-25.5%-1.5%-4.6%
3 Year29.9%20.5%21.7%13.1%40.5%25.3%
5 Year185.5%164.9%135.5%114.7%125.1%87.3%

Price Volatility Vs. Market

How volatile is Petróleo Brasileiro - Petrobras's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Petróleo Brasileiro - Petrobras undervalued compared to its fair value and its price relative to the market?

17.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PETR4 (R$20.16) is trading below our estimate of fair value (R$24.43)

Significantly Below Fair Value: PETR4 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: PETR4 is unprofitable, so we can't compare its PE Ratio to the XS Oil and Gas industry average.

PE vs Market: PETR4 is unprofitable, so we can't compare its PE Ratio to the BR market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PETR4's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PETR4's PB Ratio (1.1x) is in line with the BR Oil and Gas industry average.


Next Steps

Future Growth

How is Petróleo Brasileiro - Petrobras forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

68.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PETR4 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (10.7%).

Earnings vs Market: PETR4 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PETR4's is expected to become profitable in the next 3 years.

Revenue vs Market: PETR4's revenue (11.2% per year) is forecast to grow faster than the BR market (9.9% per year).

High Growth Revenue: PETR4's revenue (11.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PETR4's Return on Equity is forecast to be low in 3 years time (13.8%).


Next Steps

  • Explore growth companies in the Energy industry.

Past Performance

How has Petróleo Brasileiro - Petrobras performed over the past 5 years?

42.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PETR4 is currently unprofitable.

Growing Profit Margin: PETR4 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PETR4 is unprofitable, but has reduced losses over the past 5 years at a rate of 42.2% per year.

Accelerating Growth: Unable to compare PETR4's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PETR4 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-35.2%).


Return on Equity

High ROE: PETR4 has a negative Return on Equity (-18.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is Petróleo Brasileiro - Petrobras's financial position?


Financial Position Analysis

Short Term Liabilities: PETR4's short term assets (R$201.9B) exceed its short term liabilities (R$144.2B).

Long Term Liabilities: PETR4's short term assets (R$201.9B) do not cover its long term liabilities (R$625.3B).


Debt to Equity History and Analysis

Debt Level: PETR4's debt to equity ratio (154.5%) is considered high.

Reducing Debt: PETR4's debt to equity ratio has increased from 135.1% to 154.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable PETR4 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PETR4 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.9% per year.


Next Steps

Dividend

What is Petróleo Brasileiro - Petrobras's current dividend yield, its reliability and sustainability?

4.59%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PETR4's dividend (4.59%) is higher than the bottom 25% of dividend payers in the BR market (1.2%).

High Dividend: PETR4's dividend (4.59%) is low compared to the top 25% of dividend payers in the BR market (5.72%).


Stability and Growth of Payments

Stable Dividend: PETR4's dividend payments have been volatile in the past 10 years.

Growing Dividend: PETR4's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: PETR4 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: PETR4's dividends in 3 years are forecast to be thoroughly covered by earnings (8.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Roberto da Cunha Castello Branco (76 yo)

1.75yrs

Tenure

Mr. Roberto da Cunha Castello Branco has been the Chief Executive Officer, President and Director of Petroleo Brasileiro SA since January 3, 2019. Mr. da Cunha Castello Branco served as a Director at Petró ...


Leadership Team

NamePositionTenureCompensationOwnership
Roberto da Cunha Castello Branco
CEO, President & Director1.75yrsno datano data
Andrea Marques Almeida
CFO & Chief Investor Relations Officer1.42yrsno datano data
Rodrigo Alves
Chief Accounting & Tax Officerno datano datano data
Hélio Júnior
Acting General Counselno datano datano data
Marcelo de Castro Zenkner
Chief Governance & Compliance Executive Officer1.17yrsno datano data
Bruno Motta
Executive Manager of Communication & Brandsno datano datano data
Sérvio Tinoco
Chief Financial Officer of Pifco15.08yrsno datano data
Marcus Antonio Guimaraes
Executive Manager of Internal Auditingno datano datano data
Mario Vinicius Spinelli
Head of Ombudsman's Officeno datano datano data
Sonia de Castro Neves
Head of Executive Management of the Office of the Presidentno datano datano data
Taisa Maciel
Executive Manager of Legal Departmentno datano datano data
Maurício Marques
Executive Manager of Corporate Intelligence & Securityno datano datano data

1.6yrs

Average Tenure

57yo

Average Age

Experienced Management: PETR4's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Roberto da Cunha Castello Branco
CEO, President & Director1.75yrsno datano data
Daniel de Oliveira
Chairman & CEO of Pifco15.08yrsno datano data
Omar Da Cunha Sobrinho
Director0.25yrno datano data
Joao Neto
Independent Director1.75yrsno datano data
Paulo de Souza e Silva
Director0.25yrno datano data
Marcelo Mesquita de Siqueira Filho
Independent Director4.17yrsno datano data
Ruy Schneider
Director0.25yrno datano data
Rodrigo de Mesquita Pereira
Director0.25yrno datano data
Eduardo Bacellar Ferreira
Chairman of the Board1.75yrsno datano data
Nivio Ziviani
Independent Director1.75yrsno datano data
Rosangela Torres
Director0.25yrno datano data
Leonardo Antonelli
Director0.25yrno datano data

1.0yrs

Average Tenure

68.5yo

Average Age

Experienced Board: PETR4's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Petróleo Brasileiro S.A. - Petrobras's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Petróleo Brasileiro S.A. - Petrobras
  • Ticker: PETR4
  • Exchange: BOVESPA
  • Founded: 1953
  • Industry: Integrated Oil and Gas
  • Sector: Energy
  • Market Cap: R$263.046b
  • Shares outstanding: 13.04b
  • Website: https://petrobras.com.br/pt

Number of Employees


Location

  • Petróleo Brasileiro S.A. - Petrobras
  • Avenida RepUblica do Chile, 65
  • Centro
  • Rio De Janeiro
  • Rio de Janeiro
  • 20031-912
  • Brazil

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PETR4BOVESPA (Bolsa de Valores de Sao Paulo)YesPreferred SharesBRBRLAug 1991
XPBRABME (Bolsas y Mercados Espanoles)YesPreferred SharesESEURAug 1991
PJXBDB (Deutsche Boerse AG)YesPreferred SharesDEEURAug 1991
PETR3BOVESPA (Bolsa de Valores de Sao Paulo)Common SharesBRBRLNov 1992
XPBRBME (Bolsas y Mercados Espanoles)Common SharesESEURNov 1992
PJXCDB (Deutsche Boerse AG)Common SharesDEEURNov 1992
PBR.ANYSE (New York Stock Exchange)SPONS ADR-EACH REPR 2 PREF SHS NPVUSUSDSep 1997
PJXDB (Deutsche Boerse AG)SPONS ADR-EACH REPR 2 PREF SHS NPVDEEURSep 1997
PBRA NBMV (Bolsa Mexicana de Valores)SPONS ADR-EACH REPR 2 PREF SHS NPVMXMXNSep 1997
PBRNYSE (New York Stock Exchange)SPONSORED ADRUSUSDAug 2000
PJXADB (Deutsche Boerse AG)SPONSORED ADRDEEURAug 2000
PBR NBMV (Bolsa Mexicana de Valores)SPONSORED ADRMXMXNAug 2000
0KHPLSE (London Stock Exchange)SPONSORED ADRGBUSDAug 2000

Biography

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 produci ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 18:17
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.