Petroleo Brasileiro SA Petrobras Company Profile (NYSE:PBR)

About Petroleo Brasileiro SA Petrobras

Petroleo Brasileiro SA Petrobras logoPetroleo Brasileiro SA Petrobras is a Brazil-based integrated oil and gas company. The Company's activities are divided into five business segments: Exploration and Production (E&P), which focuses on the exploration, development and production of crude oil, natural gas liquid (NGL) and natural gas in Brazil and abroad; Refining, Transportation and Marketing, which mainly covers the refining, logistics, transport and trading of crude oil and oil products, export of ethanol, as well as extraction and processing of shale; Gas and Power, which includes transportation and trading of LNG and natural gas, as well as generation and sale of electricity; Distribution, which sells oil products through own retail network and wholesale channels, and Biofuels, which includes the production of biodiesel and its co-products, as well as ethanol-related activities. The Company operates in the Americas, Africa, Asia and Europe.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: PBR
  • CUSIP:
Key Metrics:
  • Previous Close: $10.22
  • 50 Day Moving Average: $10.80
  • 200 Day Moving Average: $10.30
  • 52-Week Range: $3.38 - $12.56
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 18.58
  • P/E Growth: 1.17
  • Market Cap: $66.66B
  • Outstanding Shares: 6,522,248,000
  • Beta: 2.29
Profitability:
  • Net Margins: -18.27%
  • Return on Equity: -0.19%
  • Return on Assets: -0.06%
Debt:
  • Debt-to-Equity Ratio: 1.38%
  • Current Ratio: 1.75%
  • Quick Ratio: 1.41%
Additional Links:
Companies Related to Petroleo Brasileiro SA Petrobras:

Analyst Ratings

Consensus Ratings for Petroleo Brasileiro SA Petrobras (NYSE:PBR) (?)
Ratings Breakdown: 2 Sell Ratings, 8 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $9.53 (6.80% downside)

Analysts' Ratings History for Petroleo Brasileiro SA Petrobras (NYSE:PBR)
Show:
DateFirmActionRatingPrice TargetDetails
2/13/2017Credit Suisse GroupReiterated RatingHold$11.00View Rating Details
2/13/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$10.42 -> $10.63View Rating Details
2/1/2017Barclays PLCReiterated RatingUnderweight$11.00View Rating Details
11/30/2016ScotiabankReiterated RatingSector PerformView Rating Details
11/17/2016Tudor PickeringDowngradeBuy -> HoldView Rating Details
11/17/2016Societe GeneraleReiterated RatingHoldView Rating Details
10/17/2016HSBC Holdings plcDowngradeBuy -> HoldView Rating Details
10/6/2016Morgan StanleyReiterated RatingOverweight$10.00 -> $13.00View Rating Details
10/5/2016Citigroup Inc.UpgradeNeutral -> Buy$7.80 -> $12.00View Rating Details
9/21/2016Raymond James Financial, Inc.UpgradeUnderperform -> Market Perform$2.71 -> $9.22View Rating Details
9/15/2016MacquarieUpgradeUnderperform -> NeutralView Rating Details
5/13/2016Bank of America CorpReiterated RatingNeutral$7.50 -> $7.35View Rating Details
3/25/2016SimmonsLower Price Target$2.00View Rating Details
3/24/2016Deutsche Bank AGDowngradeHold -> SellView Rating Details
6/2/2015SantanderReiterated RatingHold$7.20 -> $8.10View Rating Details
5/18/2015Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$6.30 -> $5.10View Rating Details
4/24/2015Cowen and CompanySet Price TargetHold$11.50View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Petroleo Brasileiro SA Petrobras (NYSE:PBR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/7/2015$0.23$0.03ViewN/AView Earnings Details
4/24/2015$0.14$0.36ViewN/AView Earnings Details
2/12/2015$0.28$0.19ViewN/AView Earnings Details
1/28/2015$0.20$0.21ViewN/AView Earnings Details
8/12/2014$0.48$0.36ViewN/AView Earnings Details
5/13/2014$0.42$0.34ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Petroleo Brasileiro SA Petrobras (NYSE:PBR)
Current Year EPS Consensus Estimate: $-0.33 EPS
Next Year EPS Consensus Estimate: $0.55 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.09$0.09$0.09
Q4 20161$0.17$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Petroleo Brasileiro SA Petrobras (NYSE:PBR)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Petroleo Brasileiro SA Petrobras (NYSE:PBR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/29/2014special$0.014/3/20144/7/20145/2/2014
9/4/2013special$0.014/30/20135/2/20139/6/2013
5/30/2013special$0.004/30/20135/2/20136/4/2013
4/19/2013special$0.144/30/20135/2/20136/5/2013
4/19/2013special$0.144/30/20135/2/20139/9/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Petroleo Brasileiro SA Petrobras (NYSE:PBR)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Petroleo Brasileiro SA Petrobras (NYSE:PBR)
DateHeadline
News IconStock Chalking up Significant Action in Session: Petroleo Brasileiro SA – Petrobras (:PBR-A) - Winfield Review (NYSE:PBR)
winfieldreview.com - February 24 at 8:11 PM
News IconShares of Petroleo Brasileiro SA- Petrobras (PBR) Sees Large Outflow of Money - Energy Index (NYSE:PBR)
www.energyindexwatch.com - February 24 at 8:11 PM
finance.yahoo.com logoPetrobras settles four more lawsuits with investors in the U.S. (NYSE:PBR)
finance.yahoo.com - February 24 at 8:11 PM
wsj.com logo[$$] Brazil Corruption Scandal Has Companies Rushing to Bulk Up Compliance Ranks (NYSE:PBR)
www.wsj.com - February 24 at 12:12 AM
finance.yahoo.com logoBrazil police target Rio money laundering in corruption probe (NYSE:PBR)
finance.yahoo.com - February 23 at 9:09 AM
wsj.com logo[$$] Brazil Graft Scandal Has Firms Bulking Up Compliance Ranks (NYSE:PBR)
www.wsj.com - February 23 at 9:09 AM
ft.com logo[$$] Odebrecht scandal puts Latin America's leaders on watch (NYSE:PBR)
www.ft.com - February 20 at 6:24 PM
News IconThe Top Three Holders Of Petroleo Brasileiro SA – Petrobras (PBR) - Post Analyst (NYSE:PBR)
postanalyst.com - February 18 at 6:16 PM
uk.finance.yahoo.com logoBrazil importing less light crude as production mix changes (NYSE:PBR)
us.rd.yahoo.com - February 18 at 11:41 AM
News IconDividend Growth of Petroleo Brasileiro SA- Petrobras(PBR) (NYSE:PBR)
www.graffiotech.com - February 17 at 4:48 PM
finance.yahoo.com logoImplied Volatility Surging for Petrobras (PBR) Stock Options (NYSE:PBR)
finance.yahoo.com - February 17 at 4:48 PM
wsj.com logo[$$] Brazil, 10 Other Countries Coordinate Odebrecht Probes (NYSE:PBR)
www.wsj.com - February 17 at 4:48 PM
News IconMost Active mover Update on Petroleo Brasileiro SA – Petrobras (NYSE:PBR) - Winfield Review (NYSE:PBR)
winfieldreview.com - February 16 at 6:42 PM
News IconPetroleo Brasileiro SA - Petrobras's (PBR) jumped 3.73% in past week (NYSE:PBR)
emfizz.com - February 14 at 11:07 PM
News IconNeedle Moving Activity Spotted in Petroleo Brasileiro SA - Petrobras (NYSE:PBR) (NYSE:PBR)
ekosvoice.com - February 14 at 11:07 PM
News IconAnalysts Recommended this Stock: Petroleo Brasileiro SA - Petrobras (NYSE:PBR) (NYSE:PBR)
hoyentv.com - February 14 at 2:40 AM
News IconBlazing Stock Climbs To New Heights: Petroleo Brasileiro SA - Petrobras (NYSE:PBR) (NYSE:PBR)
prensariotiretail.com - February 13 at 9:40 PM
finance.yahoo.com logoTop Analyst Upgrades and Downgrades: AK Steel, JC Penney, Hasbro, Petrobras, Travelers, Agilent, Regeneron and Many More (NYSE:PBR)
finance.yahoo.com - February 13 at 9:24 AM
benzinga.com logoAlan Knuckman's Petrobras Trade (NYSE:PBR)
www.benzinga.com - February 11 at 7:14 PM
News IconThe CLSA Comments on Petroleo Brasileiro SA - Petrobras' Q4 2016 Earnings (PBR) (NYSE:PBR)
prensariotiretail.com - February 11 at 7:14 PM
News IconForward Earnings Estimate of Petroleo Brasileiro SA- Petrobras(PBR) (NYSE:PBR)
hoyentv.com - February 11 at 7:14 PM
News IconHow Often Does Petroleo Brasileiro SA - Petrobras (PBR) Beat Earnings Estimates? (NYSE:PBR)
xboxonezone.com - February 11 at 7:14 PM
finance.yahoo.com logoWhy S&P Raised Rating on Petrobras and Still Stays Cautious on the Company (NYSE:PBR)
finance.yahoo.com - February 11 at 7:14 PM
fool.com logoPetrobras Gained 137% in 2016: Is There Room to Run in 2017? (NYSE:PBR)
us.rd.yahoo.com - February 10 at 8:05 PM
finance.yahoo.com logoOptions Insight: How to Play Petrobras (NYSE:PBR)
finance.yahoo.com - February 10 at 8:05 PM
News IconOil and Gas Stocks Worth Watching as OPEC Production Cuts Fuel Positive Outlook (NYSE:PBR)
www.prnewswire.co.uk - February 10 at 1:39 AM
finance.yahoo.com logoPetrobras Announces Final Tender Results and Final Settlement for Cash Tender Offers (NYSE:PBR)
finance.yahoo.com - February 9 at 8:38 PM
News IconPetroleo Brasileiro SA- Petrobras (NYSE:PBR) reported Beta of 2.39 - The Newburgh Press (NYSE:PBR)
newburghpress.com - February 8 at 1:21 AM
bloomberg.com logoAramco's Fee Squeeze (NYSE:PBR)
www.bloomberg.com - February 8 at 1:21 AM
finance.yahoo.com logoBrazil prosecutor seeks probe into former president, senators (NYSE:PBR)
finance.yahoo.com - February 6 at 7:12 PM
News IconStock in Limelight: Petroleo Brasileiro SA Petrobras (ADR) (NYSE:PBR) - Post Registrar (NYSE:PBR)
postregistrar.com - February 4 at 7:07 PM
News IconThe Barclays PLC Reiterates Underweight Rating for Petroleo Brasileiro SA- Petrobras (PBR) (NYSE:PBR)
mundoaguaysaneamiento.net - February 4 at 1:00 AM
News IconPetroleo Brasileiro S.A. – Petrobras (NYSE:PBR) from Oil & Gas Drilling & Exploration – Todays Top Gains (NYSE:PBR)
twincountynews.com - February 3 at 7:57 PM
uk.finance.yahoo.com logoBrazil corruption scandal plea bargains: What we know (NYSE:PBR)
uk.finance.yahoo.com - February 3 at 1:20 AM
us.rd.yahoo.com logoPetrobras undecided over outright sale of refining assets -source (NYSE:PBR)
us.rd.yahoo.com - February 2 at 8:05 PM
us.rd.yahoo.com logoPetrobras (PBR) Gets Shareholder Approval for Liquigas Sale (NYSE:PBR)
us.rd.yahoo.com - February 2 at 8:05 PM
us.rd.yahoo.com logoIran: Why Oil Could Move Higher, RBC Says (NYSE:PBR)
us.rd.yahoo.com - February 2 at 8:05 PM
News IconTop Gainers of the Day: Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) from Oil & Gas Drilling & Exploration (NYSE:PBR)
twincountynews.com - February 2 at 1:56 AM
News IconPetroleo Brasileiro Sa Petrobras Sponsored Adr (PBR) Valuation Rose While Ipg Investment Advisors LLC Cut Its Stake by $6.91 Million (NYSE:PBR)
randolphguide.com - February 1 at 8:53 PM
News IconPetroleo Brasileiro S.A.- Petrobras (NYSE:PBR) , Continental Resources, Inc. (NYSE:CLR) (NYSE:PBR)
nflnewsdesk.com - February 1 at 8:53 PM
us.rd.yahoo.com logoBrazil's Petrobras sees partnerships cutting project risks (NYSE:PBR)
us.rd.yahoo.com - February 1 at 8:53 PM
us.rd.yahoo.com logoBrazil Petrobras's CEO says has no timetable to leave (NYSE:PBR)
us.rd.yahoo.com - February 1 at 8:53 PM
wsj.com logo[$$] Private Equity Still Sees Promisein Petrobras Distribution Unit Despite Challenges (NYSE:PBR)
us.rd.yahoo.com - February 1 at 8:53 PM
marketrealist.com logoHow Has Suncor Stock Performed ahead of 4Q16 Earnings? (NYSE:PBR)
marketrealist.com - February 1 at 8:53 PM
News IconBrazil Gas Price Cuts: Petrobras Stock Declines (NYSE:PBR)
fairydetox.org - February 1 at 1:09 AM
finance.yahoo.com logoBrazil court upholds decision blocking Petrobras plan for fuels unit (NYSE:PBR)
finance.yahoo.com - January 31 at 8:09 PM
finance.yahoo.com logoPetrobras shareholders approve Liquigas sale for $816 mln (NYSE:PBR)
finance.yahoo.com - January 31 at 8:09 PM
uk.finance.yahoo.com logoBrazilian ex-billionaire Eike Batista surrenders to Rio police (NYSE:PBR)
us.rd.yahoo.com - January 30 at 7:48 PM
us.rd.yahoo.com logo[$$] Eike Batista gives himself up in Brazil corruption probe (NYSE:PBR)
us.rd.yahoo.com - January 30 at 7:48 PM
uk.finance.yahoo.com logoBrazilian ex-billionaire Batista surrenders to Rio police (NYSE:PBR)
uk.finance.yahoo.com - January 30 at 7:48 PM

Social

What is Petroleo Brasileiro SA Petrobras' stock symbol?

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

Where is Petroleo Brasileiro SA Petrobras' stock going? Where will Petroleo Brasileiro SA Petrobras' stock price be in 2017?

13 brokerages have issued 12 month price targets for Petroleo Brasileiro SA Petrobras' stock. Their forecasts range from $2.00 to $13.00. On average, they anticipate Petroleo Brasileiro SA Petrobras' share price to reach $9.53 in the next year.

What are analysts saying about Petroleo Brasileiro SA Petrobras stock?

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

  • According to Zacks Investment Research, "The ongoing energy industry struggles and the huge debt burden have made us bearish on Petrobras. With the largest debt load in the oil industry, coupled with years of mismanagement and corruption, the Rio de Janeiro-based energy group has seen its credit metrics worsen meaningfully. As it is, Petrobras’ involvement in the multibilliondollar money laundering and bribery case continues to weigh on it. Predictably, the crude price slump has adversely affected the group’s earnings and cash flows, particularly at its upstream unit. While we welcome the company's decision to reduce its investment plan and the recent cut in fuel prices, we feel Brazil's flagship enterprise will have to sell some of its prized pre-salt oil fields to tackle the massive leverage. Finally, the lowering of gasoline and diesel prices are set to impact Petrobras' near-term results. Consequently, we advice investors to sell PBR." (2/21/2017)

  • J P Morgan Chase & Co analysts commented, "We estimate PBR's refinancing needs will decrease ~$4.7 billion in 2017 to ~$6.1 billion from $10.8 billion with the $6.7 billion debt exchange offer while the leftover value of $1.9 billion should be used to amortize '18/19 debt," analyst Felipe Dos Santos wrote in a note.The company would benefit from ongoing asset sale plan targeting at least about $5 billion–$6 billion in additional transactions by 2016, which is backed-up by a $10 billion term-sheet buffer loan.Related Link: Petrobras Shares Have More Than Doubled Since March; Barclays Expects Stock To CoolAnalyst Forecasts"According to our forecasts, if PBR achieves a $5 billion asset sale, our NAV would increase by $0.7/ADR and this would reduce our Net Debt/EBITDA by 0.2x in '16 (non-producing asset)," Dos Santos highlighted.Meanwhile, the analyst said a 5 percent appreciation in our BRL/USD base case increases his 2016 EBITDA estimate to $24.3 billion or +6 percent (+$1.4 billion). On the other hand, a $+10/bbl increase in Brent prices decreases EBITDA by 1 percent (about $0.3 billion), without changing diesel/gasoline prices."We expect PBR to continue selling diesel and gasoline at a premium to import parity despite the combination of FX rates and Brent price," the analyst continued. "All in all, after incorporating some of these positives, we see PBR's '16/17 debt requirements as more balanced and this should enable the company to take a breath before facing significant debt payments of ~$12/17 billion in '18/19," (5/24/2016)

Who owns Petroleo Brasileiro SA Petrobras stock?

Petroleo Brasileiro SA Petrobras' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (0.19%), Axiom International Investors LLC DE (0.11%), Janus Capital Management LLC (0.09%), Numeric Investors LLC (0.03%), Indus Capital Partners LLC (0.02%) and Commerzbank Aktiengesellschaft FI (0.02%).

Who sold Petroleo Brasileiro SA Petrobras stock? Who is selling Petroleo Brasileiro SA Petrobras stock?

Petroleo Brasileiro SA Petrobras' stock was sold by a variety of institutional investors in the last quarter, including Axiom International Investors LLC DE, Numeric Investors LLC, Allianz Asset Management AG, Pacad Investment Ltd., TCW Group Inc., Trexquant Investment LP, AQR Capital Management LLC and ING Groep NV.

Who bought Petroleo Brasileiro SA Petrobras stock? Who is buying Petroleo Brasileiro SA Petrobras stock?

Petroleo Brasileiro SA Petrobras' stock was bought by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Indus Capital Partners LLC, Janus Capital Management LLC, Calamos Advisors LLC, Seven Eight Capital LP, Commerzbank Aktiengesellschaft FI, Commonwealth of Pennsylvania Public School Empls Retrmt SYS and First Allied Advisory Services Inc..

How do I buy Petroleo Brasileiro SA Petrobras stock?

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.

How much does a share of Petroleo Brasileiro SA Petrobras stock cost?

One share of Petroleo Brasileiro SA Petrobras stock can currently be purchased for approximately $10.22.

Petroleo Brasileiro SA Petrobras (NYSE:PBR) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Petroleo Brasileiro SA Petrobras (NYSE:PBR)

Earnings History Chart

Earnings by Quarter for Petroleo Brasileiro SA Petrobras (NYSE:PBR)

Dividend History Chart

Dividend Payments by Quarter for Petroleo Brasileiro SA Petrobras (NYSE:PBR)

Last Updated on 2/24/2017 by MarketBeat.com Staff