Petroleo Brasileiro SA Petrobras Company Profile (NYSE:PBR)

Petroleo Brasileiro SA Petrobras trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBR."

Petroleo Brasileiro SA Petrobras (NYSE:PBR) posted its earnings results on Friday, May, 15th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.20. The company earned $25.97 billion during the quarter, compared to analysts' expectations of $29.79 billion. Petroleo Brasileiro SA Petrobras had a negative net margin of 18.27% and a negative return on equity of 0.19%. View Petroleo Brasileiro SA Petrobras' Earnings History.

11 equities research analysts have issued 1 year price targets for Petroleo Brasileiro SA Petrobras' shares. Their predictions range from $9.22 to $13.00. On average, they anticipate Petroleo Brasileiro SA Petrobras' stock price to reach $11.31 in the next twelve months. View Analyst Ratings for Petroleo Brasileiro SA Petrobras.

Here are some recent quotes from research analysts about Petroleo Brasileiro SA Petrobras stock:

• 1. Credit Suisse Group AG analysts commented, "We expect a marginally positive market reaction to this adjustment, mainly due to the higher premium on diesel relative to February’s price adjustment." (4/24/2017)
• 2. According to Zacks Investment Research, "Even though 2016 was a roller-coaster year for the energy market, Petrobras stock more than doubled during the period. The largest integrated energy firm in Brazil, Petrobras boasts of a healthy production growth and has announced several important discoveries of late. Additionally, loans from China should offer some relief considering Petrobras’ money-laundering scandal, which has scarred its credit metrics. Moreover, we appreciate the cost-control initiatives adopted by Petrobras. But there's no ignoring that the crude price slump has adversely affected the group’s earnings and cash flows, particularly at its upstream unit. On top of that, high debt levels and a decline in the number of available creditors have put pressure on the company’s financials. Considering all the factors, we think that the current valuation is fair and adequately reflects Petrobras' growth prospects." (3/21/2017)

Petroleo Brasileiro SA Petrobras saw a increase in short interest in May. As of May 15th, there was short interest totalling 42,312,457 shares, an increase of 31.3% from the April 28th total of 32,213,584 shares. Based on an average daily volume of 26,885,109 shares, the short-interest ratio is currently 1.6 days.

Some companies that are related to Petroleo Brasileiro SA Petrobras include CNOOC Ltd (CEO), Concho Resources (CXO), Cenovus Energy (CVE), Antero Resources Corp (AR), RSP Permian (RSPP), Helmerich & Payne (HP), Transocean LTD (RIG), Vermilion Energy (VET), Patterson-UTI Energy (PTEN), Whiting Petroleum Corp (WLL), Nabors Industries (NBR), Ensco Plc (ESV), Enerplus Corp (ERF), Diamond Offshore Drilling (DO), Rowan Companies PLC (RDC), Advantage Oil & Gas Ltd (AAV), Noble (NE) and Unit (UNT).

Petroleo Brasileiro SA Petrobras' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (0.25%), Axiom International Investors LLC DE (0.11%), Janus Capital Management LLC (0.09%), USS Investment Management Ltd (0.03%), Bridgewater Associates LP (0.02%) and Point72 Asset Management L.P. (0.02%). View Institutional Ownership Trends for Petroleo Brasileiro SA Petrobras.

Petroleo Brasileiro SA Petrobras' stock was sold by a variety of institutional investors in the last quarter, including DekaBank Deutsche Girozentrale, Commerzbank Aktiengesellschaft FI, GFS Advisors LLC, Creative Planning, Victory Capital Management Inc., Quantum Capital Management, Van ECK Associates Corp and KBC Group NV. View Insider Buying and Selling for Petroleo Brasileiro SA Petrobras.

Petroleo Brasileiro SA Petrobras' stock was purchased by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Point72 Asset Management L.P., BP PLC, Glen Point Capital LLP, Karp Capital Management Corp, Earnest Partners LLC, Acadian Asset Management LLC and USS Investment Management Ltd. View Insider Buying and Selling for Petroleo Brasileiro SA Petrobras.

Shares of Petroleo Brasileiro SA Petrobras can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Petroleo Brasileiro SA Petrobras stock can currently be purchased for approximately $9.08.