Petroleo Brasileiro S.A.- Petrobras Company Profile (NYSE:PBR)

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

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) announced its quarterly earnings data on Friday, May, 15th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.23 by $0.20. The firm earned $25.97 billion during the quarter, compared to the consensus estimate of $29.79 billion. Petroleo Brasileiro S.A.- Petrobras had a negative net margin of 3.63% and a positive return on equity of 5.00%. View Petroleo Brasileiro S.A.- Petrobras' Earnings History.

Petroleo Brasileiro S.A.- Petrobras is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for Petroleo Brasileiro S.A.- Petrobras.

11 brokers have issued twelve-month price targets for Petroleo Brasileiro S.A.- Petrobras' shares. Their forecasts range from $8.00 to $13.00. On average, they expect Petroleo Brasileiro S.A.- Petrobras' stock price to reach $11.13 in the next year. View Analyst Ratings for Petroleo Brasileiro S.A.- Petrobras.

Here are some recent quotes from research analysts about Petroleo Brasileiro S.A.- Petrobras stock:

• 1. According to Zacks Investment Research, "Petrobras ADRs continue to struggle, reflecting lingering issues pertaining to the money-laundering scandal that has scarred its credit metrics. The stock is down -12% in the year-to-date period, underperforming the broader industry, which is down -3% in the same time period. 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. True, Petrobras posted good Q1 financial results but most of that was due to favorable market conditions. Nevertheless, the company stands to benefit from Brazil’s economic growth and huge pre-salt oil reserves. Given its strong pipeline of development projects and impressive exploration successes, we recommend a Hold rating on Petrobras ADRs." (8/8/2017)
• 2. Credit Suisse Group 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)

Petroleo Brasileiro S.A.- Petrobras saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 31,446,000 shares, a decline of 24.7% from the August 15th total of 41,781,058 shares. Based on an average trading volume of 14,548,032 shares, the short-interest ratio is presently 2.2 days.

Some companies that are related to Petroleo Brasileiro S.A.- Petrobras include PetroChina Company Limited (PTR), Statoil ASA (STO), Petroleo Brasileiro S.A.- Petrobras (PBR.A), ENI S.p.A. (E), Ecopetrol S.A. (EC), YPF Sociedad Anonima (YPF), CENTENNIAL RES (CDEV), Petrobras Argentina S.A. (PZE), QEP Resources (QEP), KIMBELL ROYALTY (KRP), Green Dragon Gas (GDG), VOC Energy Trust (VOC), BG Group plc (BG) and InterOil (IOC).

Petroleo Brasileiro S.A.- Petrobras' management team includes the folowing people:

• Luiz Nelson Guedes de Carvalho, Chairman of the Board
• Pedro Pullen Parente, Chief Executive Officer, Director
• Ivan de Souza Monteiro, Chief Financial Officer, Chief Investor Relations Officer
• Paulo Jose Alves, Chief Accounting Officer
• Joao Adalberto Elek Jr., Chief of Governance, Risk and Compliance Officer
• Nelson Luiz Costa Silva, Chief Strategy, Organization and Management System Officer
• Roberto Moro, Chief Technology and Production Development Executive Officer
• Jorge Celestino Ramos, Chief Refining and Natural Gas Executive Officer
• Hugo Repsold Jr., Director of Human Resources, Member of the Executive Board
• Solange da Silva Guedes, Exploration and Production Officer, Member of the Executive Board

Petroleo Brasileiro S.A.- Petrobras' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Capital World Investors (0.59%), Baillie Gifford & Co. (0.43%), Janus Henderson Group PLC (0.09%), Capital International Investors (0.06%), Acadian Asset Management LLC (0.06%) and USS Investment Management Ltd (0.06%). View Institutional Ownership Trends for Petroleo Brasileiro S.A.- Petrobras.

Petroleo Brasileiro S.A.- Petrobras' stock was sold by a variety of institutional investors in the last quarter, including Numeric Investors LLC, Bridgewater Associates LP, Capital World Investors, Baillie Gifford & Co., Aperio Group LLC, Earnest Partners LLC, Calamos Advisors LLC and HighTower Advisors LLC. View Insider Buying and Selling for Petroleo Brasileiro S.A.- Petrobras.

Petroleo Brasileiro S.A.- Petrobras' stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Acadian Asset Management LLC, Balyasny Asset Management LLC, Glen Point Capital LLP, Airain ltd, Pine River Capital Management L.P., Mizuho Securities USA LLC and First Trust Advisors LP. View Insider Buying and Selling for Petroleo Brasileiro S.A.- Petrobras.

Shares of Petroleo Brasileiro S.A.- 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 S.A.- Petrobras stock can currently be purchased for approximately $10.42.