NYSE:PBR

Petróleo Brasileiro S.A. - Petrobras Stock Forecast, Price & News

$11.15

+0.40 (+3.72%)

(As of 12/7/2021 04:00 PM ET)

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Today's Range: $10.82
▼
$11.17
50-Day Range: $9.53
▼
$11.09
52-Week Range: $7.06
▼
$12.38

Volume: 36.28 million shs
Average Volume: 33.07 million shs
Market Capitalization: $72.72 billion

P/E Ratio: 2.83
Dividend Yield: 7.35%
Beta: 1.73

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About Petróleo Brasileiro S.A. - Petrobras

Petróleo Brasileiro SA engages in oil and gas exploration, production, and distribution activities. It operates through the following segments: Exploration and Production; Refining, Transportation, and Marketing; Gas and Power; and Corporate and Other Business. The Exploration and Production segment involves crude oil, natural gas liquids, and natural gas exploration, development, and production. The Refining, Transportation and Marketing segment involves refining, logistics, transportation, trading operations, oil products and crude oil exports and imports, and petrochemical investments. The Gas and Power segment includes transportation and trading of natural and liquefied natural gas, the generation and trading of electric power, and the fertilizer business. The Corporate and Other Business segment comprises the financing activities not attributable to other segments including corporate financial management, and central administrative overhead and actuarial expenses. The company was founded on October 3, 1953 and is headquartered in Rio de Janeiro, Brazil.

UPDATE 1-Brazilian unit of Credit Suisse names Monteiro, Chilov as interim co-CEOs
December 7, 2021 | finance.yahoo.com

First Week of December 17th Options Trading For Petroleo Brasileiro (PBR)
December 2, 2021 | nasdaq.com

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) Shares Gap Down to $10.64
December 2, 2021 | americanbankingnews.com

Petróleo Brasileiro S.A. - Petrobras Target of Unusually Large Options Trading (NYSE:PBR)
December 1, 2021 | americanbankingnews.com

Are Options Traders Betting on a Big Move in Petrobras (PBR) Stock?
December 1, 2021 | finance.yahoo.com

EMERGING MARKETS-Latam FX, stocks on higher commodity prices and weaker dollar
December 1, 2021 | finance.yahoo.com

How Much Upside is Left in Petrobras (PBR)? Wall Street Analysts Think 40%
November 29, 2021 | finance.yahoo.com

Petróleo Brasileiro S.A. - Petrobras: Petrobras Breaks With Pack, Increases Spending and Returns to Growth With Latest Strategic Plan
November 25, 2021 | finance.yahoo.com

Brazil's Petrobras announces new dividend policy after hitting debt target
November 25, 2021 | finance.yahoo.com

UPDATE 1-Brazil's Petrobras boosts payouts and spending under new plan
November 25, 2021 | finance.yahoo.com

UPDATE 1-Brazil's Petrobras raises investment plan to $68 bln, lowers 2022 production forecast
November 24, 2021 | finance.yahoo.com

Petrobras says likely to raise 2022-2026 capex to $60-70 bln
November 19, 2021 | finance.yahoo.com

UPDATE 1-Petrobras says likely to raise 2022-2026 capex to $60-70 bln
November 19, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NYSE:PBR
Previous Symbol
CUSIP: N/A
CIK: 1119639
Web: www.petrobras.com.br
Phone: 552132244477
Fax: 55-21-3224-6055
Employees: 49,050
Year Founded: N/A

Sales & Book Value

Annual Sales: $53.68 billion
Price / Sales: 1.35
Cash Flow: $2.32 per share
Price / Cash Flow: 4.81
Book Value: $10.59 per share
Price / Book: 1.05

Profitability

EPS (Most Recent Fiscal Year): $3.94
Net Income: $1.14 billion
Net Margins: 34.87%
Pretax Margin: 46.88%
Return on Equity: 25.88%
Return on Assets: 9.10%

Debt

Debt-to-Equity Ratio: 0.73
Current Ratio: 1.20
Quick Ratio: 0.91

Price-To-Earnings

Trailing P/E Ratio: 2.83
Forward P/E Ratio: 3.81
P/E Growth: 0.15

Miscellaneous

Outstanding Shares: 6,522,101,000
Free Float: N/A
Market Cap: $72.72 billion
Optionable: Optionable

Company Calendar

Last Earnings: 10/28/2021
Ex-Dividend: 12/02/2021
Today: 12/07/2021
Dividend Payable: 12/22/2021
Fiscal Year End: 12/31/2021
Next Earnings (Estimated): 2/23/2022

MarketRank^™

Overall MarketRank^™

2.15 out of 5 stars

Oils/Energy Sector

88th out of 357 stocks

Crude Petroleum & Natural Gas Industry

42nd out of 113 stocks

1.2 Analyst's Opinion

Consensus Rating
Petróleo Brasileiro S.A. - Petrobras has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 5 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $12.26, Petróleo Brasileiro S.A. - Petrobras has a forecasted upside of 9.9% from its current price of $11.15.
Amount of Analyst Coverage
Petróleo Brasileiro S.A. - Petrobras has only been the subject of 1 research reports in the past 90 days.

3.7 Community Rank

Outperform Votes
Petróleo Brasileiro S.A. - Petrobras has received 527 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Petróleo Brasileiro S.A. - Petrobras has received 402 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Petróleo Brasileiro S.A. - Petrobras has received 56.73% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Petróleo Brasileiro S.A. - Petrobras and other stocks. Vote “Outperform” if you believe PBR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PBR will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Petróleo Brasileiro S.A. - Petrobras is a leading dividend payer. It pays a dividend yield of 7.35%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Petróleo Brasileiro S.A. - Petrobras has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Petróleo Brasileiro S.A. - Petrobras is 20.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Petróleo Brasileiro S.A. - Petrobras will have a dividend payout ratio of 27.05% next year. This indicates that Petróleo Brasileiro S.A. - Petrobras will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Petróleo Brasileiro S.A. - Petrobras insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 10.85% of the stock of Petróleo Brasileiro S.A. - Petrobras is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Petróleo Brasileiro S.A. - Petrobras are expected to decrease by -0.34% in the coming year, from $2.93 to $2.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Petróleo Brasileiro S.A. - Petrobras is 2.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Petróleo Brasileiro S.A. - Petrobras is 2.83, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.25.
Price to Earnings Growth Ratio
Petróleo Brasileiro S.A. - Petrobras has a PEG Ratio of 0.15. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Petróleo Brasileiro S.A. - Petrobras has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) Frequently Asked Questions

Is Petróleo Brasileiro S.A. - Petrobras a buy right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Petróleo Brasileiro S.A. - Petrobras in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Petróleo Brasileiro S.A. - Petrobras stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PBR, but not buy additional shares or sell existing shares.
View analyst ratings for Petróleo Brasileiro S.A. - Petrobras or view top-rated stocks.
How has Petróleo Brasileiro S.A. - Petrobras' stock price been impacted by COVID-19 (Coronavirus)?: Petróleo Brasileiro S.A. - Petrobras' stock was trading at $6.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PBR stock has increased by 62.8% and is now trading at $11.15.
View which stocks have been most impacted by COVID-19.
Are investors shorting Petróleo Brasileiro S.A. - Petrobras?: Petróleo Brasileiro S.A. - Petrobras saw a increase in short interest in November. As of November 15th, there was short interest totaling 54,220,000 shares, an increase of 31.2% from the October 31st total of 41,330,000 shares. Based on an average daily volume of 28,140,000 shares, the short-interest ratio is presently 1.9 days.
View Petróleo Brasileiro S.A. - Petrobras' Short Interest.
When is Petróleo Brasileiro S.A. - Petrobras' next earnings date?: Petróleo Brasileiro S.A. - Petrobras is scheduled to release its next quarterly earnings announcement on Wednesday, February 23rd 2022.
View our earnings forecast for Petróleo Brasileiro S.A. - Petrobras.
How were Petróleo Brasileiro S.A. - Petrobras' earnings last quarter?: Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) posted its quarterly earnings data on Thursday, October, 28th. The oil and gas exploration company reported $0.52 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.20. The oil and gas exploration company had revenue of $23.26 billion for the quarter, compared to analysts' expectations of $22.36 billion. Petróleo Brasileiro S.A. - Petrobras had a trailing twelve-month return on equity of 25.88% and a net margin of 34.87%.
View Petróleo Brasileiro S.A. - Petrobras' earnings history.
How often does Petróleo Brasileiro S.A. - Petrobras pay dividends? What is the dividend yield for Petróleo Brasileiro S.A. - Petrobras?: Petróleo Brasileiro S.A. - Petrobras declared a -- dividend on Tuesday, November 23rd. Shareholders of record on Friday, December 3rd will be given a dividend of $0.381 per share on Wednesday, December 22nd. This represents a yield of 19.4%. The ex-dividend date is Thursday, December 2nd. This is an increase from Petróleo Brasileiro S.A. - Petrobras's previous -- dividend of $0.29.
View Petróleo Brasileiro S.A. - Petrobras' dividend history.
Is Petróleo Brasileiro S.A. - Petrobras a good dividend stock?: Petróleo Brasileiro S.A. - Petrobras pays an annual dividend of $0.79 per share and currently has a dividend yield of 7.35%. PBR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Petróleo Brasileiro S.A. - Petrobras does not yet have a strong track record of dividend growth. The dividend payout ratio of Petróleo Brasileiro S.A. - Petrobras is 20.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Petróleo Brasileiro S.A. - Petrobras will have a dividend payout ratio of 27.05% next year. This indicates that Petróleo Brasileiro S.A. - Petrobras will be able to sustain or increase its dividend.
View Petróleo Brasileiro S.A. - Petrobras' dividend history.
What price target have analysts set for PBR?: 10 equities research analysts have issued 12 month price targets for Petróleo Brasileiro S.A. - Petrobras' stock. Their forecasts range from $9.00 to $16.00. On average, they expect Petróleo Brasileiro S.A. - Petrobras' share price to reach $12.26 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price.
View analysts' price targets for Petróleo Brasileiro S.A. - Petrobras or view top-rated stocks among Wall Street analysts.
Who are Petróleo Brasileiro S.A. - Petrobras' key executives?: Petróleo Brasileiro S.A. - Petrobras' management team includes the following people:
Joaquim Silva e Luna, Chief Executive Officer & Director
Rodrigo Araujo Alves, Chief Financial Officer
Marcia Tosta, Head-Cyber & Information Security
Marcelo da Silva Carreras, Head-IT & Telecommunications
Mauro Yuji Hayashi, Manager-Pre-Salt Planning
What is Pedro Parente's approval rating as Petróleo Brasileiro S.A. - Petrobras' CEO?: 57 employees have rated Petróleo Brasileiro S.A. - Petrobras CEO Pedro Parente on Glassdoor.com. Pedro Parente has an approval rating of 42% among Petróleo Brasileiro S.A. - Petrobras' employees. This puts Pedro Parente in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of Petróleo Brasileiro S.A. - Petrobras' key competitors?: Some companies that are related to Petróleo Brasileiro S.A. - Petrobras include TotalEnergies (TTE), PetroChina (PTR), EOG Resources (EOG), Canadian Natural Resources (CNQ), ENI (E), Pioneer Natural Resources (PXD), Devon Energy (DVN), Occidental Petroleum (OXY), Ecopetrol (EC), Hong Kong and China Gas (HOKCY), Cenovus Energy (CVE), RWE Aktiengesellschaft (RWEOY), Diamondback Energy (FANG), Continental Resources (CLR) and Coterra Energy (CTRA).
View all of PBR's competitors.
What other stocks do shareholders of Petróleo Brasileiro S.A. - Petrobras own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Petróleo Brasileiro S.A. - Petrobras investors own include Vale (VALE), Edap Tms (EDAP), Bank of America (BAC), Intel (INTC), NVIDIA (NVDA), Alibaba Group (BABA), Citigroup (C), Advanced Micro Devices (AMD), General Electric (GE) and Cisco Systems (CSCO).
What is Petróleo Brasileiro S.A. - Petrobras' stock symbol?: Petróleo Brasileiro S.A. - Petrobras trades on the New York Stock Exchange (NYSE) under the ticker symbol "PBR."
Who are Petróleo Brasileiro S.A. - Petrobras' major shareholders?: Petróleo Brasileiro S.A. - Petrobras' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include GQG Partners LLC (2.66%), Goldman Sachs Group Inc. (0.00%), ARGA Investment Management LP (0.18%), Pendal Group Ltd (0.18%), TT International Asset Management LTD (0.18%) and Oaktree Capital Management LP (0.13%).
View institutional ownership trends for Petróleo Brasileiro S.A. - Petrobras.
Which institutional investors are selling Petróleo Brasileiro S.A. - Petrobras stock?: PBR stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, TT International Asset Management LTD, Jane Street Group LLC, Voloridge Investment Management LLC, UBS Group AG, Pendal Group Ltd, Marshall Wace LLP, and Two Sigma Advisers LP.
View insider buying and selling activity for Petróleo Brasileiro S.A. - Petrobras or view top insider-selling stocks.
Which institutional investors are buying Petróleo Brasileiro S.A. - Petrobras stock?: PBR stock was acquired by a variety of institutional investors in the last quarter, including GQG Partners LLC, Goldman Sachs Group Inc., Contrarius Investment Management Ltd, Caption Management LLC, Sharp Capital Gestora de Recursos Ltda., Connor Clark & Lunn Investment Management Ltd., ARGA Investment Management LP, and Amia Capital LLP.
View insider buying and selling activity for Petróleo Brasileiro S.A. - Petrobras or or view top insider-buying stocks.
How do I buy shares of Petróleo Brasileiro S.A. - Petrobras?: Shares of PBR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Petróleo Brasileiro S.A. - Petrobras' stock price today?: One share of PBR stock can currently be purchased for approximately $11.15.
How much money does Petróleo Brasileiro S.A. - Petrobras make?: Petróleo Brasileiro S.A. - Petrobras has a market capitalization of $72.72 billion and generates $53.68 billion in revenue each year. The oil and gas exploration company earns $1.14 billion in net income (profit) each year or $3.94 on an earnings per share basis.
How many employees does Petróleo Brasileiro S.A. - Petrobras have?: Petróleo Brasileiro S.A. - Petrobras employs 49,050 workers across the globe.
What is Petróleo Brasileiro S.A. - Petrobras' official website?: The official website for Petróleo Brasileiro S.A. - Petrobras is www.petrobras.com.br.
Where are Petróleo Brasileiro S.A. - Petrobras' headquarters?: Petróleo Brasileiro S.A. - Petrobras is headquartered at AVENIDA REPUBLICA DO CHILE 65, RIO DE JANERIO RJ BR D5, 20031-912.
How can I contact Petróleo Brasileiro S.A. - Petrobras?: Petróleo Brasileiro S.A. - Petrobras' mailing address is AVENIDA REPUBLICA DO CHILE 65, RIO DE JANERIO RJ BR D5, 20031-912. The oil and gas exploration company can be reached via phone at 552132244477, via email at [email protected], or via fax at 55-21-3224-6055.

This page was last updated on 12/7/2021 by MarketBeat.com Staff

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Petróleo Brasileiro S.A. - Petrobras Stock Forecast, Price & News

About Petróleo Brasileiro S.A. - Petrobras

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

MarketRank™

Overall MarketRank™

1.2 Analyst's Opinion

3.7 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

3.3 Dividend Strength

0.0 Company Ownership

2.5 Earnings and Valuation

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) Frequently Asked Questions

Is Petróleo Brasileiro S.A. - Petrobras a buy right now?

How has Petróleo Brasileiro S.A. - Petrobras' stock price been impacted by COVID-19 (Coronavirus)?

Are investors shorting Petróleo Brasileiro S.A. - Petrobras?

When is Petróleo Brasileiro S.A. - Petrobras' next earnings date?

How were Petróleo Brasileiro S.A. - Petrobras' earnings last quarter?

How often does Petróleo Brasileiro S.A. - Petrobras pay dividends? What is the dividend yield for Petróleo Brasileiro S.A. - Petrobras?

Is Petróleo Brasileiro S.A. - Petrobras a good dividend stock?

What price target have analysts set for PBR?

Who are Petróleo Brasileiro S.A. - Petrobras' key executives?

What is Pedro Parente's approval rating as Petróleo Brasileiro S.A. - Petrobras' CEO?

Who are some of Petróleo Brasileiro S.A. - Petrobras' key competitors?

What other stocks do shareholders of Petróleo Brasileiro S.A. - Petrobras own?

What is Petróleo Brasileiro S.A. - Petrobras' stock symbol?

Who are Petróleo Brasileiro S.A. - Petrobras' major shareholders?

Which institutional investors are selling Petróleo Brasileiro S.A. - Petrobras stock?

Which institutional investors are buying Petróleo Brasileiro S.A. - Petrobras stock?

How do I buy shares of Petróleo Brasileiro S.A. - Petrobras?

What is Petróleo Brasileiro S.A. - Petrobras' stock price today?

How much money does Petróleo Brasileiro S.A. - Petrobras make?

How many employees does Petróleo Brasileiro S.A. - Petrobras have?

What is Petróleo Brasileiro S.A. - Petrobras' official website?

Where are Petróleo Brasileiro S.A. - Petrobras' headquarters?

How can I contact Petróleo Brasileiro S.A. - Petrobras?

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