About Petroleo Brasileiro SA Petrobras
Petroleo 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
- Previous Close: $10.22
- 50 Day Moving Average: $10.75
- 200 Day Moving Average: $10.35
- 52-Week Range: $3.38 - $12.56
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 18.58
- P/E Growth: 1.12
- Market Cap: $65.87B
- Outstanding Shares: 6,522,248,000
- Beta: 2.29
- Net Margins: -18.27%
- Return on Equity: -0.19%
- Return on Assets: -0.06%
Companies Related to Petroleo Brasileiro SA Petrobras:
- Debt-to-Equity Ratio: 1.38%
- Current Ratio: 1.75%
- Quick Ratio: 1.41%
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 equities research analysts have issued 1 year target prices for Petroleo Brasileiro SA Petrobras' stock. Their predictions range from $2.00 to $13.00. On average, they expect 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 investors 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 purchased 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.