Petrobras Class APBR.A
PBR.A
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
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
473% more call options, than puts
Call options by funds: $196M | Put options by funds: $34.2M
76% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 17
43% more funds holding in top 10
Funds holding in top 10: 7 [Q4 2024] → 10 (+3) [Q1 2025]
8% more capital invested
Capital invested by funds: $2.26B [Q4 2024] → $2.44B (+$187M) [Q1 2025]
5% more funds holding
Funds holding: 182 [Q4 2024] → 192 (+10) [Q1 2025]
3% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 66
0.05% more ownership
Funds ownership: 3.4% [Q4 2024] → 3.45% (+0.05%) [Q1 2025]
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
Positive
Seeking Alpha
13 hours ago
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.
Neutral
Reuters
3 days ago
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.
Positive
Reuters
5 days ago
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.
Negative
Seeking Alpha
1 week ago
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.
Positive
Seeking Alpha
1 week ago
Petrobras: A Deep Value Company Even In A Volatile Context LATAM
Petrobras is a comprehensive oil company. Like many companies in Latin America, such as YPF and Ecopetrol, the company's shareholding is divided between private investors and the Brazilian state. First-quarter production levels, Petrobras reported a total of 22.7 million BOE/d, representing a 5.4% increase compared to Q4 2024. The amount of net cash provided by Op Act was $8.5 billion. If we annualize this, we see that the P/CF equal to 2.32x.
Positive
Reuters
1 week ago
Petrobras sees new Brazil biofuel mandates as positive, executive says
Brazil's move to increase the level of biofuels mixed into fossil fuels in the country is positive and could reduce gasoline imports, state-run oil giant Petrobras' industrial processes head William Franca said on Wednesday.
Neutral
Reuters
2 weeks ago
Brazil's Petrobras holds off on fuel price hike for now, sources say
Brazil's Petrobras is closely monitoring geopolitical tensions in the Middle East, which have pushed global oil prices higher in recent weeks, but does not plan to tweak domestic fuel prices for now, two company sources told Reuters on Monday.
Neutral
GlobeNewsWire
2 weeks ago
Prosafe SE: Safe Notos awarded contract with Petrobras
18 June 2025 – Reference is made to the press release dated 12 May 2025, Prosafe has now been informed that Petróleo Brasileiro SA (‘Petrobras') have ratified the result of the bidding process for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. As a result, the contract with a total value of approximately USD 204 million and four year duration commencing in September 2026 will be entered into without delay. Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to www.prosafe.com . For further information, please contact: Terje Askvig, CEO Phone: +47 952 03 886 Reese McNeel, CFO Phone: +47 415 08 186 This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Line Bliksmark, Marketing and Communications Manager, on 18 June 2025, at approx. 10:35 CEST.
Positive
Reuters
3 weeks ago
Petrobras signs $892 mln in contracts to complete RNEST refinery expansion
Brazilian state-run oil firm Petrobras announced on Monday it signed contracts worth approximately 4.9 billion reais ($892.3 million) for the completion of a new refining unit at its RNEST refinery.
Positive
Seeking Alpha
3 weeks ago
Petrobras: A Value Opportunity
Petrobras offers strong profitability and attractive valuation metrics, trading at a significant discount to peers despite robust margins and earnings yield over 12%. Political risk in Brazil, particularly from the current government, is the main reason for Petrobras' low valuation, but upcoming elections could unlock higher valuations. Brazil's economic fundamentals remain solid, with low unemployment and stable GDP growth.
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