PBR.A icon

Petrobras Class A

12.95 USD
+0.16
1.25%
At close Mar 21, 4:00 PM EDT
After hours
12.88
-0.07
0.54%
1 day
1.25%
5 days
3.27%
1 month
-3.57%
3 months
8.37%
6 months
-2.19%
Year to date
7.11%
1 year
-9.76%
5 years
194.32%
10 years
118.75%
 

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 2023 was 2.8 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

0
Funds holding %
of 7,390 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

75% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 7 (+3) [Q4]

33% more call options, than puts

Call options by funds: $2.32M | Put options by funds: $1.74M

0.78% less ownership

Funds ownership: 4.18% [Q3] → 3.4% (-0.78%) [Q4]

4% less funds holding

Funds holding: 189 [Q3] → 182 (-7) [Q4]

16% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 67

18% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 28

23% less capital invested

Capital invested by funds: $2.93B [Q3] → $2.26B (-$672M) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for PBR.A.

Financial journalist opinion

Based on 10 articles about PBR.A published over the past 30 days

Neutral
Reuters
6 days ago
Petrobras' animal center in Oiapoque to be ready for inspection in April
A veterinary center run by Brazil's Petrobras in the Amazon region designed to assist animals in the event of an oil spill should be ready for inspection by environmental agency Ibama in April, documents seen by Reuters showed on Monday.
Petrobras' animal center in Oiapoque to be ready for inspection in April
Positive
Reuters
1 week ago
CERAWEEK Brazil's Petrobras in talks with US LNG suppliers for long-term deal, executive says
Brazil's state-run oil firm Petrobras is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive said.
CERAWEEK Brazil's Petrobras in talks with US LNG suppliers for long-term deal, executive says
Neutral
Reuters
1 week ago
Brazil's Petrobras to clear corals off of drilling vessel to be used in Foz do Amazonas
Brazil's Petrobras has obtained approval from the country's environmental agency to clear corals from the underside of the drilling vessel it plans to use in the Foz do Amazonas region, documents seen by Reuters showed.
Brazil's Petrobras to clear corals off of drilling vessel to be used in Foz do Amazonas
Positive
Reuters
1 week ago
CERAWEEK Petrobras eyes opportunities in Argentina; advances in Colombia, Africa projects
Brazilian state-run oil firm Petrobras is looking at potential opportunities in Argentina while advancing in projects in Colombia and Africa, the firm's exploration and production head Sylvia dos Anjos said on Tuesday.
CERAWEEK Petrobras eyes opportunities in Argentina; advances in Colombia, Africa projects
Positive
Seeking Alpha
1 week ago
Petrobras' Valuation Hides Potential
Petróleo Brasileiro S.A. - Petrobras, a major Brazilian oil company, is valued at nearly $80 billion and is one of the largest integrated oil companies globally. The company boasts an exciting portfolio of assets that it continues to expand, enhancing its investment appeal. Petrobras's strong financial performance underscores its stability and growth potential in the oil industry.
Petrobras' Valuation Hides Potential
Negative
Reuters
2 weeks ago
Brazil's Petrobras to pay $283 million to settle U.S. court dispute with EIG
Brazilian state-run oil firm Petrobras said on Friday its board approved an agreement to settle a U.S. court dispute with EIG Energy Fund XIV, including a $283 million payment by the Brazilian company.
Brazil's Petrobras to pay $283 million to settle U.S. court dispute with EIG
Negative
Seeking Alpha
3 weeks ago
Petrobras Q4 Earnings: Unpacking The Latest Concerns
Petrobras' 4Q24 results were marked by higher CapEx which negatively impacted dividends and raised concerns about its long-term dividend strategy. A leverage ratio increase and a 25% yearly drop in free cash flow signal financial strain amid rising investments. Political and environmental challenges, plus uncertain catalysts, make Petrobras' future outlook more risky.
Petrobras Q4 Earnings: Unpacking The Latest Concerns
Negative
Reuters
3 weeks ago
Shares of Brazil's Petrobras dip after surprise capital spending surge
Shares of Brazil's state-run oil firm Petrobras fell 4% on Sao Paulo's B3 exchange as markets opened on Thursday, after analysts were caught by surprise by capital expenditure spending 15% above the firm's guidance for 2024.
Shares of Brazil's Petrobras dip after surprise capital spending surge
Negative
Reuters
3 weeks ago
Petrobras posts fourth quarter net loss of $2.8 billion due to non-recurring events
Brazil's Petrobras posted a net loss of 17 billion reais ($2.8 billion) in its fourth quarter due to exchange rate variation on debts between the state-run oil firm and its subsidiaries abroad, it said in a filing on Wednesday.
Petrobras posts fourth quarter net loss of $2.8 billion due to non-recurring events
Negative
Reuters
4 weeks ago
Petrobras considers canceling FPSO tender after high bid, sources say
Brazil's state-run oil firm Petrobras is considering canceling a tender to charter a production storage and offloading vessel (FPSO) from India's Shapoorji Pallonji Energy, two sources with knowledge of the matter told Reuters.
Petrobras considers canceling FPSO tender after high bid, sources say
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