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 analysts' consensus estimates of $0.23 by $0.20. The firm had revenue of $25.97 billion for the quarter, compared to analyst estimates of $29.79 billion. Petroleo Brasileiro SA Petrobras had a net margin of 0.44% and a return on equity of 0.49%. View Petroleo Brasileiro SA Petrobras' Earnings History.

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

11 equities research analysts have issued 12 month price objectives for Petroleo Brasileiro SA Petrobras' shares. Their forecasts range from $8.00 to $13.00. On average, they anticipate Petroleo Brasileiro SA Petrobras' stock price to reach $10.81 in the next year. View Analyst Ratings for Petroleo Brasileiro SA Petrobras.

Here are some recent quotes from research analysts about Petroleo Brasileiro SA 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 SA Petrobras saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 47,445,221 shares, a decrease of 21.7% from the July 14th total of 60,585,481 shares. Based on an average daily trading volume, of 13,821,722 shares, the days-to-cover ratio is currently 3.4 days.

Some companies that are related to Petroleo Brasileiro SA Petrobras include Statoil ASA (STO), ENI S.p.A. (E), Petroleo Brasileiro S.A.- Petrobras (PBR.A), 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 SA 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 SA Petrobras' stock is owned by many different of institutional and retail investors. Top institutional investors 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 SA Petrobras.

Petroleo Brasileiro SA 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 SA Petrobras.

Petroleo Brasileiro SA Petrobras' stock was acquired 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 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 $8.98.