Petrobras
PBR
Market cap $82.6B

12.82 USD

-0.01

0.08%

At close Jul 11, 4:00 PM EDT

After hours

12.82

+0.00

0.00%

1 day

-0.08%

5 days

-0.23%

1 month

6.21%

3 months

10.90%

6 months

-5.18%

Year to date

-3.17%

1 year

-15.60%

5 years

50.47%

10 years

50.65%

About: Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production of oil and gas in Brazilian offshore fields. Production in 2024 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.9 billion boe (85% oil). At end-2023, Petrobras operated 10 refineries in Brazil with capacity of 1.8 million barrels a day and distributes refined products and natural gas throughout Brazil.

Employees: 41,778

Energy Oil & Gas Integrated

0

Funds holding %

of 7,312 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

40% more funds holding in top 10

Funds holding in top 10: 10 [Q4 2024] → 14 (+4) [Q1 2025]

26% more repeat investments, than reductions

Existing positions increased: 182 | Existing positions reduced: 144

22% more capital invested

Capital invested by funds: $8.96B [Q4 2024] → $10.9B (+$1.97B) [Q1 2025]

0.04% less ownership

Funds ownership: 9.35% [Q4 2024] → 9.31% (-0.04%) [Q1 2025]

5% less first-time investments, than exits

New positions opened: 58 | Existing positions closed: 61

3% less funds holding

Funds holding: 478 [Q4 2024] → 466 (-12) [Q1 2025]

18% less call options, than puts

Call options by funds: $542M | Put options by funds: $658M

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$15.30

19%

upside

Avg. target

$15.30

19%

upside

High target

$15.30

19%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Jefferies

Alejandro Demichelis

19%upside

$15.30

Buy

Upgraded

15 May 2025

See Analyst Rankings

Financial journalist opinion

Based on 24 articles about PBR published over the past 30 days

Brazil's Petrobras names new head of energy transition and sustainability

Brazilian state-run oil firm Petrobras elected Angelica Laureano as its new head of energy transition and sustainability, the firm said on Friday.

Brazil's Petrobras names new head of energy transition and sustainability

Zacks Investment Research

Petrobras and Solstad Ink $84 Million Offshore Vessel Agreement

PBR inks $84 million deal with Solstad Offshore to secure the Normand Turquesa AHTS vessel through 2030 for deepwater support.

Petrobras and Solstad Ink $84 Million Offshore Vessel Agreement

Zacks Investment Research

Petrobras (PBR) Ascends While Market Falls: Some Facts to Note

In the latest trading session, Petrobras (PBR) closed at $13.13, marking a +2.34% move from the previous day.

Petrobras (PBR) Ascends While Market Falls: Some Facts to Note

Petrobras: Deeply Discounted Dividend Story - Maintain Buy Despite New Normal

PBR's state-run status has triggered its deeply discounted valuations - a critical factor that is further supported by the rich spreads against the low break-even point. These reasons are why the contested stock remains a compelling dividend story, especially since it offers double-digits yields and generous payouts. Thanks to the normalization in crude oil spot prices, the PBR management will also be revising its 5Y capex plans downwards, with it implying further Free Cash Flow tailwinds.

Petrobras: Deeply Discounted Dividend Story - Maintain Buy Despite New Normal

Petrobras weighs options for Polo Bahia onshore fields, including sale, says CEO

Brazil's state-run oil firm Petrobras is weighing options for its Polo Bahia onshore oil fields, including a potential sale, Chief Executive Magda Chambriard said on Saturday, adding that any decision will prioritize returns and shareholder interests.

Petrobras weighs options for Polo Bahia onshore fields, including sale, says CEO

Zacks Investment Research

Petrobras Bets Big on Rio's Refining Commitment With Major Projects

PBR announces R$33 billion in investments to boost refining, biofuels and petrochemical output in Rio de Janeiro, driving Brazil's energy security and decarbonization.

Petrobras Bets Big on Rio's Refining Commitment With Major Projects

Brazil's Petrobras to invest $4.8 billion reais in integration between Reduc and Boaventura

Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.80 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state, it said in a statement on Thursday.

Brazil's Petrobras to invest $4.8 billion reais in integration between Reduc and Boaventura

Zacks Investment Research

Petrobras Inks Multi-Year Offshore Contracts With DOF and Fugro

Petrobras signs multi-year deals with DOF and Fugro, boosting Brazil's offshore strength and refining capacity.

Petrobras Inks Multi-Year Offshore Contracts With DOF and Fugro

Petrobras: Fell Into A Value Trap (Downgrade)

Petrobras remains cheap, but persistent macro, geopolitical, and government risks weigh on any re-rating potential, especially compared to energy peers. Lower oil prices, rising Brazilian rates, and fiscal/inflation challenges have weighed on PBR in 2025. PBR's Dividend yield near 10% assures income investors. But, shrinking FCF and muted growth outlook could eat into gains in the next two years.

Petrobras: Fell Into A Value Trap (Downgrade)

Zacks Investment Research

Petrobras Enhances FPSO Safety With Exail's Quadrans AHRS Tech

PBR partners with Exail to deploy cutting-edge Quadrans AHRS on FPSOs, boosting safety and real-time monitoring offshore Brazil.

Petrobras Enhances FPSO Safety With Exail's Quadrans AHRS Tech

See News Rankings

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