PETR4 Stock Overview
Petróleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally.
Petróleo Brasileiro - Petrobras Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R$29.54|
|52 Week High||R$37.86|
|52 Week Low||R$25.72|
|1 Month Change||-12.19%|
|3 Month Change||4.27%|
|1 Year Change||8.84%|
|3 Year Change||7.22%|
|5 Year Change||91.82%|
|Change since IPO||39,386,566.67%|
Recent News & Updates
|PETR4||BR Oil and Gas||BR Market|
Return vs Industry: PETR4 exceeded the BR Oil and Gas industry which returned 1.7% over the past year.
Return vs Market: PETR4 exceeded the BR Market which returned -13.6% over the past year.
|PETR4 Average Weekly Movement||6.4%|
|Oil and Gas Industry Average Movement||6.2%|
|Market Average Movement||5.7%|
|10% most volatile stocks in BR Market||9.5%|
|10% least volatile stocks in BR Market||2.7%|
Stable Share Price: PETR4 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PETR4's weekly volatility (6%) has been stable over the past year.
About the Company
|1953||45,532||Caio Mario Paes Andrade||https://petrobras.com.br|
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.
Petróleo Brasileiro - Petrobras Fundamentals Summary
|PETR4 fundamental statistics|
Is PETR4 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PETR4 income statement (TTM)|
|Cost of Revenue||R$279.16b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
Nov 03, 2022
|Earnings per share (EPS)||12.38|
|Net Profit Margin||28.42%|
How did PETR4 perform over the long term?See historical performance and comparison
43.5%Current Dividend Yield
Is PETR4 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PETR4?
Other financial metrics that can be useful for relative valuation.
|What is PETR4's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PETR4's PE Ratio compare to its peers?
|PETR4 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
PETR4 Petróleo Brasileiro - Petrobras
Price-To-Earnings vs Peers: PETR4 is good value based on its Price-To-Earnings Ratio (2.4x) compared to the peer average (7.6x).
Price to Earnings Ratio vs Industry
How does PETR4's PE Ratio compare vs other companies in the Global Oil and Gas Industry?
Price-To-Earnings vs Industry: PETR4 is good value based on its Price-To-Earnings Ratio (2.4x) compared to the Global Oil and Gas industry average (7.5x)
Price to Earnings Ratio vs Fair Ratio
What is PETR4's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||2.4x|
|Fair PE Ratio||6.8x|
Price-To-Earnings vs Fair Ratio: PETR4 is good value based on its Price-To-Earnings Ratio (2.4x) compared to the estimated Fair Price-To-Earnings Ratio (6.8x).
Share Price vs Fair Value
What is the Fair Price of PETR4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PETR4 (R$29.54) is trading below our estimate of fair value (R$42.1)
Significantly Below Fair Value: PETR4 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
Discover undervalued companies
How is Petróleo Brasileiro - Petrobras forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PETR4's earnings are forecast to decline over the next 3 years (-26.4% per year).
Earnings vs Market: PETR4's earnings are forecast to decline over the next 3 years (-26.4% per year).
High Growth Earnings: PETR4's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PETR4's revenue is expected to decline over the next 3 years (-15.2% per year).
High Growth Revenue: PETR4's revenue is forecast to decline over the next 3 years (-15.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PETR4's Return on Equity is forecast to be high in 3 years time (20%)
Discover growth companies
How has Petróleo Brasileiro - Petrobras performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PETR4 has high quality earnings.
Growing Profit Margin: PETR4's current net profit margins (28.4%) are lower than last year (28.8%).
Past Earnings Growth Analysis
Earnings Trend: PETR4 has become profitable over the past 5 years, growing earnings by 55.5% per year.
Accelerating Growth: PETR4's earnings growth over the past year (57.8%) exceeds its 5-year average (55.5% per year).
Earnings vs Industry: PETR4 earnings growth over the past year (57.8%) underperformed the Oil and Gas industry 57.8%.
Return on Equity
High ROE: PETR4's Return on Equity (39.3%) is considered high.
Discover strong past performing companies
How is Petróleo Brasileiro - Petrobras's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PETR4's short term assets (R$224.8B) exceed its short term liabilities (R$171.2B).
Long Term Liabilities: PETR4's short term assets (R$224.8B) do not cover its long term liabilities (R$420.7B).
Debt to Equity History and Analysis
Debt Level: PETR4's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: PETR4's debt to equity ratio has reduced from 143.8% to 39.4% over the past 5 years.
Debt Coverage: PETR4's debt is well covered by operating cash flow (142.1%).
Interest Coverage: PETR4's interest payments on its debt are well covered by EBIT (26.8x coverage).
Discover healthy companies
What is Petróleo Brasileiro - Petrobras's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Petróleo Brasileiro - Petrobras Dividend Yield vs Market|
|Company (Petróleo Brasileiro - Petrobras)||43.5%|
|Market Bottom 25% (BR)||1.5%|
|Market Top 25% (BR)||6.8%|
|Industry Average (Oil and Gas)||38.7%|
|Analyst forecast in 3 Years (Petróleo Brasileiro - Petrobras)||42.6%|
Notable Dividend: PETR4's dividend (43.48%) is higher than the bottom 25% of dividend payers in the BR market (1.5%).
High Dividend: PETR4's dividend (43.48%) is in the top 25% of dividend payers in the BR market (6.77%)
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.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (103.7%), PETR4's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.7%), PETR4's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Caio Mario Paes Andrade (61 yo)
Mr. Caio Mario Paes de Andrade is Non-Independent Director, President and Chief Executive Officer of Petróleo Brasileiro S.A. - Petrobras from June 27, 2022 and serves as its Member of Executive Board sinc...
Experienced Management: PETR4's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: PETR4's board of directors are not considered experienced ( 0.2 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.
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||3,740,470,811||28.7%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Petróleo Brasileiro S.A. - Petrobras's 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
- Implied Market Cap: R$407.948b
- Shares outstanding: 13.04b
- Website: https://petrobras.com.br
Number of Employees
- Petróleo Brasileiro S.A. - Petrobras
- Avenida RepUblica do Chile, 65
- Rio De Janeiro
- Rio de Janeiro
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PETR4||BOVESPA (Bolsa de Valores de Sao Paulo)||Yes||Preferred Shares||BR||BRL||Aug 1991|
|XPBRA||BME (Bolsas y Mercados Espanoles)||Yes||Preferred Shares||ES||EUR||Aug 1991|
|PJXB||DB (Deutsche Boerse AG)||Yes||Preferred Shares||DE||EUR||Aug 1991|
|PETR3||BOVESPA (Bolsa de Valores de Sao Paulo)||Common Shares||BR||BRL||Nov 1992|
|XPBR||BME (Bolsas y Mercados Espanoles)||Common Shares||ES||EUR||Nov 1992|
|PJXC||DB (Deutsche Boerse AG)||Common Shares||DE||EUR||Nov 1992|
|PBR.A||NYSE (New York Stock Exchange)||SPONS ADR-EACH REPR 2 PREF SHS NPV||US||USD||Sep 1997|
|PJX||DB (Deutsche Boerse AG)||SPONS ADR-EACH REPR 2 PREF SHS NPV||DE||EUR||Sep 1997|
|PBRA N||BMV (Bolsa Mexicana de Valores)||SPONS ADR-EACH REPR 2 PREF SHS NPV||MX||MXN||Sep 1997|
|PBR||NYSE (New York Stock Exchange)||SPONSORED ADR||US||USD||Aug 2000|
|PJXA||DB (Deutsche Boerse AG)||SPONSORED ADR||DE||EUR||Aug 2000|
|PBR N||BMV (Bolsa Mexicana de Valores)||SPONSORED ADR||MX||MXN||Aug 2000|
|0KHP||LSE (London Stock Exchange)||SPONSORED ADR||GB||USD||Aug 2000|
|PBR||BASE (Buenos Aires Stock Exchange)||CEDEAR EACH REPR 1 ADS NPV||AR||ARS||Oct 2019|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/26 00:00|
|End of Day Share Price||2022/09/26 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.