PBR.A 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$14.20|
|52 Week High||R$14.84|
|52 Week Low||R$8.89|
|1 Month Change||3.80%|
|3 Month Change||10.51%|
|1 Year Change||46.69%|
|3 Year Change||9.65%|
|5 Year Change||70.47%|
|Change since IPO||106.55%|
Recent News & Updates
Petrobras: Ignore The 40%+ Yield, It's Time To Leave
The very strong oil and gas prices thus far into 2022 have seen Petrobras declare a massive dividend, which, if annualized, represents an insanely high 40%+ yield. Whilst this sounds amazing, it sadly also sees mounting geopolitical risks in their home country of Brazil. Their profitability and dividends have come under pressure from both sides of the political spectrum, and to make it even worse, this is an election year. This creates a seemingly inescapable set of geopolitical risks for investors that likely foretell lower dividends in the future. It remains to be seen what happens, but it now seems to be time to leave after enjoying a strong share price rally, and thus I believe that downgrading to a sell rating is appropriate.
Petrobras: The Brazil Discount Makes This Company A Better Investment
Petrobras has continued to have a "Brazil discount" despite an impressive portfolio of assets. The company's Campos Basin revitalization will cost $16 billion but help the company's production substantially. Going forward we expect the company to continue generating substantial FCF and shareholder returns.
|PBR.A||US Oil and Gas||US Market|
Return vs Industry: PBR.A underperformed the US Oil and Gas industry which returned 51.9% over the past year.
Return vs Market: PBR.A exceeded the US Market which returned -12.7% over the past year.
|PBR.A Average Weekly Movement||7.0%|
|Oil and Gas Industry Average Movement||8.5%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.0%|
Stable Share Price: PBR.A is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PBR.A's weekly volatility (7%) has been stable over the past year.
About the Company
|1953||45,532||Jose Mauro Coelho||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
|PBR.A fundamental statistics|
Is PBR.A overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PBR.A income statement (TTM)|
|Cost of Revenue||R$249.58b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||11.50|
|Net Profit Margin||30.01%|
How did PBR.A perform over the long term?See historical performance and comparison
24.5%Current Dividend Yield
Does PBR.A pay a reliable dividends?See PBR.A dividend history and benchmarks
|Petróleo Brasileiro - Petrobras dividend dates|
|Ex Dividend Date||May 24 2022|
|Dividend Pay Date||Jun 07 2022|
|Days until Ex dividend||3 days|
|Days until Dividend pay date||17 days|
Does PBR.A pay a reliable dividends?See PBR.A dividend history and benchmarks
Is Petróleo Brasileiro - Petrobras undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PBR.A ($14.2) is trading below our estimate of fair value ($26.96)
Significantly Below Fair Value: PBR.A is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PBR.A is good value based on its PE Ratio (3x) compared to the US Oil and Gas industry average (13.4x).
PE vs Market: PBR.A is good value based on its PE Ratio (3x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: PBR.A's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PBR.A is good value based on its PB Ratio (1x) compared to the US 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?
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: PBR.A's earnings are forecast to decline over the next 3 years (-12.1% per year).
Earnings vs Market: PBR.A's earnings are forecast to decline over the next 3 years (-12.1% per year).
High Growth Earnings: PBR.A's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PBR.A's revenue is expected to decline over the next 3 years (-3.6% per year).
High Growth Revenue: PBR.A's revenue is forecast to decline over the next 3 years (-3.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PBR.A's Return on Equity is forecast to be high in 3 years time (25.6%)
How has Petróleo Brasileiro - Petrobras performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PBR.A has high quality earnings.
Growing Profit Margin: PBR.A's current net profit margins (30%) are higher than last year (22.9%).
Past Earnings Growth Analysis
Earnings Trend: PBR.A has become profitable over the past 5 years, growing earnings by 53.6% per year.
Accelerating Growth: PBR.A's earnings growth over the past year (164.2%) exceeds its 5-year average (53.6% per year).
Earnings vs Industry: PBR.A earnings growth over the past year (164.2%) exceeded the Oil and Gas industry 88.4%.
Return on Equity
High ROE: PBR.A's Return on Equity (34.5%) is considered high.
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: PBR.A's short term assets (R$199.5B) exceed its short term liabilities (R$130.2B).
Long Term Liabilities: PBR.A's short term assets (R$199.5B) do not cover its long term liabilities (R$431.4B).
Debt to Equity History and Analysis
Debt Level: PBR.A's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: PBR.A's debt to equity ratio has reduced from 139.8% to 38.4% over the past 5 years.
Debt Coverage: PBR.A's debt is well covered by operating cash flow (128.6%).
Interest Coverage: PBR.A's interest payments on its debt are well covered by EBIT (16.7x coverage).
What is Petróleo Brasileiro - Petrobras's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PBR.A's dividend (24.5%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: PBR.A's dividend (24.5%) is in the top 25% of dividend payers in the US market (4.09%)
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 increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.2%), PBR.A's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.4%), PBR.A'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
Jose Mauro Coelho
Mr. Jose Mauro Ferreira Coelho serves as Member of the Executive Board at Petróleo Brasileiro S.A. - Petrobras since April 2022. He is Chief Executive Officer of Petróleo Brasileiro S.A. - Petrobras from A...
Experienced Management: PBR.A's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: PBR.A's board of directors are not considered experienced ( 1.1 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 employee growth, exchange listings and data sources
- Name: Petróleo Brasileiro S.A. - Petrobras
- Ticker: PBR.A
- Exchange: NYSE
- Founded: 1953
- Industry: Integrated Oil and Gas
- Sector: Energy
- Implied Market Cap: R$475.465b
- Listing Market Cap: R$97.670b
- 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
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 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.