Petróleo Brasileiro - Petrobras
Market Cap
US$51.5b
Last Updated
2021/03/02 23:21 UTC
Data Sources
Company Financials +
Executive Summary
Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate 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: PBR.A is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: PBR.A's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
-12.7%
PBR.A
1.3%
US Oil and Gas
-0.7%
US Market
1 Year Return
-33.1%
PBR.A
8.1%
US Oil and Gas
36.6%
US Market
Return vs Industry: PBR.A underperformed the US Oil and Gas industry which returned 5.3% over the past year.
Return vs Market: PBR.A underperformed the US Market which returned 41.9% over the past year.
Shareholder returns
| PBR.A | Industry | Market | |
|---|---|---|---|
| 7 Day | -12.7% | 1.3% | -0.7% |
| 30 Day | -21.4% | 21.6% | 4.3% |
| 90 Day | -22.5% | 29.2% | 8.1% |
| 1 Year | -33.1%-33.1% | 15.6%8.1% | 39.6%36.6% |
| 3 Year | -40.4%-43.7% | -12.1%-24.5% | 53.5%43.7% |
| 5 Year | 107.8%96.2% | 7.4%-13.6% | 123.7%98.8% |
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
3 years ago | Simply Wall St
With A Recent ROE Of 3.23%, Can Petróleo Brasileiro SA - Petrobras (PBRA) Catch Up To Its Industry?Valuation
Is Petróleo Brasileiro - Petrobras undervalued compared to its fair value and its price relative to the market?
10.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PBR.A ($7.69) is trading below our estimate of fair value ($8.61)
Significantly Below Fair Value: PBR.A is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: PBR.A is poor value based on its PE Ratio (40.4x) compared to the US Oil and Gas industry average (10.7x).
PE vs Market: PBR.A is poor value based on its PE Ratio (40.4x) compared to the US market (21.7x).
Price to Earnings Growth Ratio
PEG Ratio: PBR.A is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: PBR.A is good value based on its PB Ratio (0.9x) compared to the US Oil and Gas industry average (1.4x).
Next Steps
Future Growth
How is Petróleo Brasileiro - Petrobras forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
35.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PBR.A's forecast earnings growth (35.4% per year) is above the savings rate (2%).
Earnings vs Market: PBR.A's earnings (35.4% per year) are forecast to grow faster than the US market (18.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PBR.A's revenue (13.9% per year) is forecast to grow faster than the US market (10.7% per year).
High Growth Revenue: PBR.A's revenue (13.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PBR.A's Return on Equity is forecast to be low in 3 years time (16%).
Next Steps
Past Performance
How has Petróleo Brasileiro - Petrobras performed over the past 5 years?
28.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBR.A has a large one-off loss of R$36.9B impacting its December 31 2020 financial results.
Growing Profit Margin: PBR.A's current net profit margins (2.9%) are lower than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: PBR.A has become profitable over the past 5 years, growing earnings by 28.8% per year.
Accelerating Growth: PBR.A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PBR.A had negative earnings growth (-75.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (-38.8%).
Return on Equity
High ROE: PBR.A's Return on Equity (2%) is considered low.
Next Steps
Financial Health
How is Petróleo Brasileiro - Petrobras's financial position?
Financial Position Analysis
Short Term Liabilities: PBR.A's short term assets (R$142.3B) exceed its short term liabilities (R$136.3B).
Long Term Liabilities: PBR.A'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: PBR.A's debt to equity ratio (90%) is considered high.
Reducing Debt: PBR.A's debt to equity ratio has reduced from 190.5% to 90% over the past 5 years.
Debt Coverage: PBR.A's debt is well covered by operating cash flow (52.9%).
Interest Coverage: PBR.A's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Petróleo Brasileiro - Petrobras's current dividend yield, its reliability and sustainability?
3.58%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PBR.A's dividend (3.58%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: PBR.A's dividend (3.58%) is low compared to the top 25% of dividend payers in the US market (3.72%).
Stability and Growth of Payments
Stable Dividend: PBR.A's dividend payments have been volatile in the past 10 years.
Growing Dividend: PBR.A's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (144.5%), PBR.A's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PBR.A's dividends in 3 years are forecast to be well covered by earnings (16.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Roberto da Cunha Castello Branco (76 yo)
2.17yrs
Tenure
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. ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 2.17yrs | no data | no data | |
| CFO, Chief Investor Relations Officer & Member of Executive Board | 1.83yrs | no data | no data | |
| Chief Exploration & Production Officer and Member of Executive Board | no data | no data | no data | |
| Chief Production Development Officer & Member of Executive Board | no data | no data | no data | |
| Chief Institutional Relationsan & Sustainability Officer and Member of Executive Board | no data | no data | no data | |
| Chief Governance | no data | no data | no data | |
| Chief Digital Transformation & Innovation Executive Officer and Member of Executive Board | no data | no data | no data | |
| Chief Trading & Logistics Officer and Member of Executive Board | no data | no data | no data | |
| Chief Accounting & Tax Officer | no data | no data | no data | |
| Acting General Counsel | no data | no data | no data | |
| Executive Manager of Communication & Brands | no data | no data | no data | |
| Chief Financial Officer of Pifco | 15.5yrs | no data | no data |
2.2yrs
Average Tenure
57yo
Average Age
Experienced Management: PBR.A's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 2.17yrs | no data | no data | |
| Chairman & CEO of Pifco | 15.5yrs | no data | no data | |
| Director | 0.67yr | no data | no data | |
| Independent Director | 2.17yrs | no data | no data | |
| Director | 0.67yr | no data | no data | |
| Independent Director | 4.58yrs | no data | no data | |
| Director | 0.67yr | no data | no data | |
| Director | 0.67yr | no data | no data | |
| Chairman of the Board | 2.17yrs | no data | no data | |
| Independent Director | 2.17yrs | no data | no data | |
| Director | 0.67yr | no data | no data | |
| Director | 0.67yr | no data | no data |
1.4yrs
Average Tenure
68.5yo
Average Age
Experienced Board: PBR.A's board of directors are not considered experienced ( 1.4 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: PBR.A
- Exchange: NYSE
- Founded: 1953
- Industry: Integrated Oil and Gas
- Sector: Energy
- Market Cap: R$287.047b
- Listing Market Cap: R$51.477b
- 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
| 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) | SP ADR NON VTG | US | USD | Sep 1997 | |
| PJX | DB (Deutsche Boerse AG) | SP ADR NON VTG | DE | EUR | Sep 1997 | |
| PBRA N | BMV (Bolsa Mexicana de Valores) | SP ADR NON VTG | 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 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/02 23:21 |
| End of Day Share Price | 2021/03/02 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.