PBR-A - Petróleo Brasileiro S.A. - Petrobras
| Previous close | 10.28 |
| Open | 10.39 |
| Bid | 10.71 x 3100 |
| Ask | 10.72 x 21500 |
| Day's range | 10.39 - 10.72 |
| 52-week range | 7.86 - 14.93 |
| Volume | |
| Avg. volume | 8,412,544 |
| Market cap | 76.372B |
| Beta (5Y monthly) | 1.00 |
| PE ratio (TTM) | 1.98 |
| EPS (TTM) | 5.42 |
| Earnings date | N/A |
| Forward dividend & yield | 6.43 (62.60%) |
| Ex-dividend date | 28 Apr 2023 |
| 1y target est | 13.82 |
ZacksTotalEnergies (TTE) Signs PSC for Offshore Agua Marinha Block
TotalEnergies (TTE), along with Petrobras, QatarEnergy and PETRONAS Petroleo Brasil Ltda, enters into a production sharing contract for the Agua Marinha block.
ReutersPetrobras eyes global expansion as Brazil hopes fade, sources say
Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regulators dashed its hopes of exploring near the Amazon River where it had aimed to make its first major domestic oil discovery in over a decade. Petroleo Brasileiro, as the company is formally known, has spent years reducing its international footprint to focus on deepwater assets in Brazil's vaunted pre-salt areas, so its impulse to explore foreign opportunities is an about-face. President Luiz Inacio Lula da Silva, during his last mandate in 2008, compared the first major oil discoveries pre-salt fields far off Brazil's coastline to a winning lottery ticket.
ZacksOil & Gas Stock Roundup: ConocoPhillips' Acquisition, Shell's AGM & More
Apart from ConocoPhillips (COP) and Shell (SHEL), TechnipFMC (FTI), Eni (E) and Petrobras (PBR) hogged attention during the week.
ZacksPetrobras (PBR) Challenges Ibama's Environmental License Decision
Petrobras (PBR) seeks reconsideration of Ibama's environmental license denial, citing compliance with requirements and commitment to environmental protection.
ZacksIs Petrobras (PBR) a Potential Pick for Value Investors?
Is Petrobras (PBR) a great pick from the value investor's perspective right now? Read on to know more.
ZacksPetrobras' (PBR) Request to Drill at Amazon River Gets Rejected
Petrobras (PBR) faces a setback in the Amazon River well drilling project following the rejection of its proposal by Ibama. The dismissal is based on a technical recommendation citing discrepancies.
ZacksPetrobras (PBR) Identifies Hydrocarbons in Aram Block Well
Petrobras (PBR) discovers hydrocarbons in an exploratory well in the Aram block, situated in the Santos Basin pre-salt offshore Brazil.
ZacksTop Stock Reports for Broadcom, Bank of America & Thermo Fisher Scientific
Today's Research Daily features new research reports on 16 major stocks, including Broadcom Inc. (AVGO), Bank of America (BAC) and Thermo Fisher Scientific (TMO).
ZacksPetrobras (PBR) Q1 Earnings Miss Estimates on Lower Oil Price
At the end of the first three months of 2023. Petrobras (PBR) had a net debt of $37,588 million, down from $40,072 million a year ago and $41,516 million as of Dec 31, 2002.
ReutersBrazil's Petrobras to pay $5 billion in dividends, but hints at changes
SAO PAULO (Reuters) -Brazil's state-run oil company Petrobras said on Thursday its board approved dividends later this year of about 24.7 billion reais ($4.94 billion), but also hinted at future changes in its payout policy. Petroleo Brasileiro SA, as the firm is formally known, said in a filing with regulators that it will pay dividends of 1.893577 reais per share in two installments on August 18 and September 20. The Brazilian oil giant noted that the payouts are in line with its current shareholder remuneration policy, which allows distributions to investors of 60% of the difference between operating cash flow and investments.
- Reuters SG
Petrobras will only build part of oil platforms in Brazil, top executive says
Petrobras will not do all of its shipbuilding work in Brazil, a top executive said, dashing industry hopes the state-controlled oil firm would review its awarding process to spur job creation. Steel groups, shipping unions and 14 other organizations which backed the election of President Luiz Inacio Lula da Silva are pressing the government for more made-in-Brazil contracts from Petrobras. The president has said in speeches Petrobras would "reactivate the oil and gas industry", and "resume building ships" in the country.
Motley FoolWhy Oil and Gas Majors Chevron, ExxonMobil, and Petrobras Were Plunging Today
A combination of negative economic data and thin trading in oil markets led to a sharp drop in crude prices Tuesday.
Motley FoolTransocean (RIG) Q1 2023 Earnings Call Transcript
It is now my pleasure to turn today's program over to Alison Johnson, director of investor relations. Joining me on this morning's call are Jeremy Thigpen, chief executive officer; Keelan Adamson, president and chief operating officer; Mark Mey, executive vice president and chief financial officer; and Roddie Mackenzie, executive vice president and chief commercial officer.
- Reuters SG
RPT-UPDATE 1-Brazil's Petrobras to keep stake in Colombia's deepwater block Tayrona
Brazil's state-controlled oil company Petrobras has abandoned a plan to sell its 44% stake in a promising offshore gas project it shares with Colombia's Ecopetrol in the Andean country, a Petrobras executive said at a Houston energy conference on Monday. Petrobras and Ecopetrol last year announced a natural gas discovery at the Uchuva-1 deepwater well in the Tayrona block, 32 kilometers off Colombia's coast.
- Reuters SG
UPDATE 3-Brazil's Petrobras to keep stake in promising Colombian offshore gas project
Petrobras has abandoned a plan to sell its 44% stake in a promising offshore gas project it shares with Colombia's Ecopetrol and now aims to rapidly develop the field, executives with the Brazilian state-controlled oil company said at an energy conference. Petrobras and Ecopetrol last year announced a natural gas discovery at the Uchuva-1 deepwater well in the Tayrona block, 32 km (20 miles) off Colombia's coast. The Tayrona block will be developed "as fast as possible because Colombia needs that gas," Petrobras Exploration and Production Executive Director Joelson Mendes said on Tuesday at the Offshore Technology Conference in Houston.
- Oilprice.com
Short Term Uncertainty Won’t Kill Brazil’s Oil Boom
Despite the recent uncertainty surrounding government policies for the Brazilian oil and gas industry, the potential for production growth remains strong
ZacksPetrobras (PBR) Asked to Furnish Investment Plans by Government
Brazil's Ministry of Mining & Energy asks Petrobras (PBR) to divulge details about its investment plans for supporting the government's economic growth program.
ZacksPetrobras (PBR) Stock Sinks As Market Gains: What You Should Know
Petrobras (PBR) closed at $11.60 in the latest trading session, marking a -1.36% move from the prior day.
ZacksNew Strong Sell Stocks for April 21st
AMTB, PBR and FINW have been added to the Zacks Rank #5 (Strong Sell) List on April 21, 2023.
ZacksPetrobras (PBR) Sells Entire Stake in Norte Capixaba Cluster
Petrobras (PBR) receives $426.65 million from Seacrest Petroleo SPE Norte Capixaba Ltda on concluding the sale of four onshore production fields in the State of Espirito Santo.
ZacksPetrobras (PBR) Outpaces Stock Market Gains: What You Should Know
Petrobras (PBR) closed at $12.29 in the latest trading session, marking a +1.49% move from the prior day.
ZacksPetrobras (PBR) Gains As Market Dips: What You Should Know
In the latest trading session, Petrobras (PBR) closed at $11.75, marking a +1.56% move from the previous day.
ZacksPetrobras' (PBR) Asset Sale Halt Raises Investor Concerns
Petrobras (PBR) plans to sell some assets but potential deals remain uncertain amid news of fuel pricing policy assessment.
ZacksPetrobras (PBR) Denies Proposed Fuel Pricing Policy Change
Petrobras (PBR) denies government's proposal to change its fuel pricing policy but remains committed to competitive fuel prices.
ZacksHalliburton (HAL) to Deliver Digital Solutions to Petrobras
Halliburton's (HAL) digital solutions will use advanced data analytics, artificial intelligence and machine learning to help Petrobras make informed, real-time decisions.