Petróleo Brasileiro - Petrobras (NYSE:PBR) - Stock Price, News & Analysis

PBR Stock Overview

Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally.

PBR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	5/6

Rewards

Price-To-Earnings ratio (1.9x) is below the US market (14.3x)

Earnings have grown 54.9% per year over the past 5 years

Risk Analysis

Earnings are forecast to decline by an average of 16.8% per year for the next 3 years

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Petróleo Brasileiro S.A. - Petrobras Competitors

Occidental Petroleum

NYSE:OXY

US$51.4b

Chevron

NYSE:CVX

US$285.4b

Exxon Mobil

NYSE:XOM

US$413.1b

EOG Resources

NYSE:EOG

US$62.7b

Price History & Performance

Summary of all time highs, changes and price drops for Petróleo Brasileiro - Petrobras
Historical stock prices
Current Share Price	R$11.54
52 Week High	R$16.32
52 Week Low	R$8.88
Beta	1
1 Month Change	9.80%
3 Month Change	7.25%
1 Year Change	-16.56%
3 Year Change	31.58%
5 Year Change	14.94%
Change since IPO	61.26%

Petrobras Is A Rare Investment That May Generate Reliable Double-Digit Returns

May 30

Petrobras Stock: Proceed With Caution

Feb 22

Recent updates

Shareholder Returns

	PBR	US Oil and Gas	US Market
7D	-3.6%	-4.4%	1.0%
1Y	-16.6%	-12.3%	-0.2%

Return vs Industry: PBR underperformed the US Oil and Gas industry which returned -12.3% over the past year.

Return vs Market: PBR underperformed the US Market which returned -0.2% over the past year.

Price Volatility

Is PBR's price volatile compared to industry and market?
PBR volatility
PBR Average Weekly Movement	5.7%
Oil and Gas Industry Average Movement	6.2%
Market Average Movement	6.5%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	3.0%

Stable Share Price: PBR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PBR's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1953	45,149	Jean Paul Prates	https://petrobras.com.br

Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. It also 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 S.A. - Petrobras Fundamentals Summary

How do Petróleo Brasileiro - Petrobras's earnings and revenue compare to its market cap?
PBR fundamental statistics
Market Cap	US$72.53b
Earnings (TTM)	US$35.87b
Revenue (TTM)	US$125.91b

1.9x

P/E Ratio

0.5x

P/S Ratio

Is PBR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PBR income statement (TTM)
Revenue	R$638.68b
Cost of Revenue	R$306.04b
Gross Profit	R$332.65b
Other Expenses	R$150.72b
Earnings	R$181.92b

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

Aug 03, 2023

Earnings per share (EPS)	13.95
Gross Margin	52.08%
Net Profit Margin	28.48%
Debt/Equity Ratio	37.6%

How did PBR perform over the long term?

See historical performance and comparison

Dividends

43.2%

Current Dividend Yield

81%

Payout Ratio

PBR Stock Overview

Rewards

Risk Analysis

Petróleo Brasileiro S.A. - Petrobras Competitors

NYSE:OXY

US$51.4b

NYSE:CVX

US$285.4b

NYSE:XOM

US$413.1b

NYSE:EOG

US$62.7b

Price History & Performance

Recent News & Updates

Petrobras Is A Rare Investment That May Generate Reliable Double-Digit Returns

Petróleo Brasileiro S.A. - Petrobras Provides Result of an Exploratory Well in the Santos Basin

Petrobras Says Made No Decision on Acquiring Control of Braskem

Petróleo Brasileiro S.A. Provides Updates on Bahia Terra Production

Petrobras Stock: Proceed With Caution

Petróleo Brasileiro S.A. - Petrobras to Report Q4, 2022 Results on Mar 01, 2023

Recent updates

Petrobras Is A Rare Investment That May Generate Reliable Double-Digit Returns

Petróleo Brasileiro S.A. - Petrobras Provides Result of an Exploratory Well in the Santos Basin

Petrobras Says Made No Decision on Acquiring Control of Braskem

Petróleo Brasileiro S.A. Provides Updates on Bahia Terra Production

Petrobras Stock: Proceed With Caution

Petróleo Brasileiro S.A. - Petrobras to Report Q4, 2022 Results on Mar 01, 2023

Petróleo Brasileiro S.A. - Petrobras Appoints Jean Paul Terra Prates as Director

Petrobras: An Arbitrage Opportunity

Petróleo Brasileiro S.A. - Petrobras, Annual General Meeting, Apr 19, 2023

Petrobras - Management Reshuffle Brings A Lot Of Questions

Petróleo Brasileiro S.A. - Petrobras Announces CEO Changes

3R Petroleum Offshore S.A completed the acquisition of 62.5% stake in Papa-Terra production field in Campos Basin from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4).

Carmo Energy S.A. completed the acquisition of 11 Onshore Concessions in Brazil from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4).

Petrobras: Got Absolutely Crushed

Petrobras: Lula Is No Fool

Karoon Energy Ltd (ASX:KAR) acquired 10 wells off the coast of Brazil from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) for $380 million.

Forbes & Manhattan Resources Inc. completed the acquisition of Shale Industrialization Unit in São Mateus do Sul/PR from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) for $41.6 million.

Petrobras declares CAD 0.2175 dividend

Petróleo Brasileiro S.A. - Petrobras Announces Dividend, Payable on January 19, 2023; Payable on December 20, 2022

Petróleo Brasileiro S.A. – Petrobras Confirms Discovery of Oil in the Coparticipated Area of Sépia with the Drilling of Well 4-BRSA-1386D-RJS, in the Northwestern Part of the Field

Petrobras: The Political Risk Is Too High To Hold The Shares

Siem Offshore do Brasil Announces Final Unfavorable Decision of Brazilian Court in Lawsuit Filed against Petrobras

Petrobras: Offering An Outrageously High 30%+ Yield

Petrobras: Political Talk Of Little Substance, But Shares A Long-Term Buy

Petrobras: Buy This 'Value Trap'

Petróleo Brasileiro S.A. - Petrobras Announces Chief Digital Transformation and Innovation Officer Changes

Petrobras goes ex-dividend tomorrow

Petróleo Brasileiro S.A. - Petrobras Confirms the Discovery of Natural Gas Accumulation in the Uchuva-1 Exploratory Well

Petrobras reports Q2 results

Petrobras: Ask Why The Market Is Demanding Such High Yields

Petrobras Provides an Update on 1-BRSA-1383A-RJS wildcat well

Petróleo Brasileiro S.A. - Petrobras Appoints Caio Mário Paes De Andrade as President

Petróleo Brasileiro S.A. - Petrobras Elects Caio Mário Paes De Andrade as CEO

BW Energy Maromba do Brasil Ltda agreed to acquire Golfinho and Camarupim Cluster from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) for $75 million.

Petróleo Brasileiro S.A. - Petrobras Provides Update on Injunction to Suspend Bahia Terra Cluster Sale

Petrobras: The Most Undervalued Energy Stock Today

Petroleo Brasileiro SA Announces Resignation of José Mauro Coelho to Its Board of Directors

Petróleo Brasileiro S.A. - Petrobras to Report Q2, 2022 Results on Jul 28, 2022

Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) entered into an agreement to acquire Ibiritermo S.A.

Energy Continues To Outperform: Petrobras Has Upside Potential

Grepar Participações Ltda agreed to acquire Lubrificantes e Derivados de Petróleo do Nordeste (Lubnor) refinery from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) for $34 million.

Grepar Participações Ltda agreed to acquire Lubrificantes e Derivados de Petróleo do Nordeste (Lubnor) refinery from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) for $34 million.

Petrobras: Still The Best Oil Stock

Petróleo Brasileiro S.A. - Petrobras Informs Complementary Dividend, Payable on May 16, 2022

Ubuntu Engenharia e Servicos Ltda completed the acquisition of Concession PAR-T-198_R12, located in the Paraná Basin from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) for $0.06 million.

Petróleo Brasileiro S.A. - Petrobras to Report Q1, 2022 Results on May 05, 2022

Petróleo Brasileiro S.A. - Petrobras Appoints José Mauro Ferreira Coelho to the Position of CEO

Petróleo Brasileiro S.A. - Petrobras Approves Complementary Dividend

Petrobras: Don't Fall In Love With The Double-Digit Dividend Yield

J&F Investimentos S.A. made an offer to acquire a 74% stake in Braskem S.A. (BOVESPA:BRKM5) from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) and Novonor S.A.

Petróleo Brasileiro S.A. - Petrobras Discovers New Oil Accumulation in Pre-Salt in the Southern Portion of Campos Basin, in A Wildcat Well in the Alto De Cabo Frio Central Block

Petrobras, PetroRio Reportedly Advance in Albacora Leste Talks

Petrobras: High Dividend Is Good, But Bolsonaro In The Picture Is Bad

Petrobras Surprises To The Upside With The Dividend

Petróleo Brasileiro S.A. - Petrobras, Annual General Meeting, Apr 13, 2022

Petróleo Brasileiro S.A. - Petrobras Announces Complementary Dividends, Payable on May 23, 2022

Petróleo Brasileiro S.A. - Petrobras to Report Q4, 2021 Results on Feb 23, 2022

Petrobras Will Likely Pay At Least $10/ADR In Dividends The Next 5 Years

Public Joint Stock Company Acron (MISX:AKRN) signed an agreement to acquire Nitrogen Fertilizer Unit III (UFN-III) from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4).