Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. More Details
+ 1 more risk
Reasonable growth potential with adequate balance sheet.
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 is more volatile than 90% of BR stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: PETR4's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of BR stocks.
7 Day Return
BR Oil and Gas
1 Year Return
BR Oil and Gas
Return vs Industry: PETR4 underperformed the BR Oil and Gas industry which returned 47.7% over the past year.
Return vs Market: PETR4 underperformed the BR Market which returned 44.8% over the past year.
Long-Term 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
Is Petróleo Brasileiro - Petrobras undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PETR4 (R$23.65) is trading above our estimate of fair value (R$20.87)
Significantly Below Fair Value: PETR4 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PETR4 is poor value based on its PE Ratio (43.4x) compared to the BR Oil and Gas industry average (35.1x).
PE vs Market: PETR4 is poor value based on its PE Ratio (43.4x) compared to the BR market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: PETR4 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: PETR4 is good value based on its PB Ratio (1x) compared to the BR Oil and Gas industry average (2x).
How is Petróleo Brasileiro - Petrobras forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PETR4's forecast earnings growth (34.4% per year) is above the savings rate (9.9%).
Earnings vs Market: PETR4's earnings (34.4% per year) are forecast to grow faster than the BR market (19.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PETR4's revenue (13.7% per year) is forecast to grow faster than the BR market (10.7% per year).
High Growth Revenue: PETR4's revenue (13.7% 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 (15.2%).
How has Petróleo Brasileiro - Petrobras performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PETR4 has a large one-off loss of R$36.9B impacting its December 31 2020 financial results.
Growing Profit Margin: PETR4's current net profit margins (2.9%) are lower than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: PETR4 has become profitable over the past 5 years, growing earnings by 28.8% per year.
Accelerating Growth: PETR4's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PETR4 had negative earnings growth (-75.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (-46.1%).
Return on Equity
High ROE: PETR4's Return on Equity (2%) is considered low.
How is Petróleo Brasileiro - Petrobras's financial position?
Financial Position Analysis
Short Term Liabilities: PETR4's short term assets (R$142.3B) exceed its short term liabilities (R$136.3B).
Long Term Liabilities: PETR4's short term assets (R$142.3B) do not cover its long term liabilities (R$540.0B).
Debt to Equity History and Analysis
Debt Level: PETR4's debt to equity ratio (90%) is considered high.
Reducing Debt: PETR4's debt to equity ratio has reduced from 190.5% to 90% over the past 5 years.
Debt Coverage: PETR4's debt is well covered by operating cash flow (52.9%).
Interest Coverage: PETR4's interest payments on its debt are well covered by EBIT (6.6x coverage).
What is Petróleo Brasileiro - Petrobras's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PETR4's dividend (3.33%) is higher than the bottom 25% of dividend payers in the BR market (1.19%).
High Dividend: PETR4's dividend (3.33%) is low compared to the top 25% of dividend payers in the BR market (5.01%).
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 fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (144.5%), PETR4's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PETR4's dividends in 3 years are forecast to be well covered by earnings (46% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Roberto da Cunha Castello Branco (76 yo)
Mr. Roberto da Cunha Castello Branco has been the Chief Executive Officer, President and Director of Petróleo Brasileiro S.A. - Petrobras since January 3, 2019 and serves as its Member of Executive Board. ...
Experienced Management: PETR4's management team is considered experienced (2.3 years average tenure).
Experienced Board: PETR4's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Petróleo Brasileiro S.A. - Petrobras's company bio, employee growth, exchange listings and data sources
- Name: Petróleo Brasileiro S.A. - Petrobras
- Ticker: PETR4
- Exchange: BOVESPA
- Founded: 1953
- Industry: Integrated Oil and Gas
- Sector: Energy
- Market Cap: R$307.379b
- Shares outstanding: 13.04b
- Website: https://petrobras.com.br/pt
Number of Employees
- Petróleo Brasileiro S.A. - Petrobras
- Avenida RepUblica do Chile, 65
- Rio De Janeiro
- Rio de Janeiro
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/12 00:01|
|End of Day Share Price||2021/04/09 00:00|
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.