PBR icon

Petrobras

11.62 USD
+0.40
3.57%
At close Apr 17, 4:00 PM EDT
After hours
11.69
+0.07
0.60%
1 day
3.57%
5 days
3.11%
1 month
-16.40%
3 months
-15.31%
6 months
-18.74%
Year to date
-12.24%
1 year
-25.94%
5 years
80.16%
10 years
32.20%
 

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 7,407 funds
Analysts bullish %

Fund manager confidence

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

3% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 60

0.04% more ownership

Funds ownership: 9.29% [Q3] → 9.34% (+0.04%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 10 [Q3] → 10 (+0) [Q4]

2% less funds holding

Funds holding: 481 [Q3] → 473 (-8) [Q4]

8% less capital invested

Capital invested by funds: $9.69B [Q3] → $8.95B (-$738M) [Q4]

18% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 182

33% less call options, than puts

Call options by funds: $395M | Put options by funds: $593M

Research analyst outlook

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

Financial journalist opinion

Based on 27 articles about PBR published over the past 30 days

Positive
Reuters
3 hours ago
Petrobras approves tender to restart fertilizer plants in Brazil's northeast, say sources
The board of Brazilian state-run oil company Petrobras on Thursday approved plans to select a partner to restart operations at its fertilizer plants in northeastern Brazil, according to four sources familiar with the matter.
Petrobras approves tender to restart fertilizer plants in Brazil's northeast, say sources
Neutral
Zacks Investment Research
1 day ago
PBR to Commence Well Decommissioning in Sergipe Basin Offshore Brazil
According to Petrobras, the Arabia I jack-up rig has arrived in Brazil on April 13, 2025, and is on its way to the Guaricema field to commence well decommissioning tasks.
PBR to Commence Well Decommissioning in Sergipe Basin Offshore Brazil
Positive
Seeking Alpha
2 days ago
Petrobras & Suncor Energy: For International Diversification, Consider Suncor
Both Petrobras and Suncor Energy align well with Ray Dalio's investing principles, offering geographical diversification and commodity exposure amidst U.S.-China trade tensions. PBR and SU are less sensitive to the U.S.-China trade conflict (than say US or Chinese companies) and could potentially even benefit from U.S.-China tariff conflicts. Both companies have significantly reduced debt, improved their financial strength, and enhanced their capital allocation flexibility in recent years.
Petrobras & Suncor Energy: For International Diversification, Consider Suncor
Negative
Zacks Investment Research
2 days ago
Petrobras' Environmental Hurdles Lead to Oil Blocks Auction in Brazil
PBR's long-dragged environmental hurdle compels the Brazilian oil regulator to open 172 oil blocks for bidding.
Petrobras' Environmental Hurdles Lead to Oil Blocks Auction in Brazil
Negative
Reuters
3 days ago
Exclusive: Dismantling of first oil vessel in Brazil running a year late
A dispute between state-run oil company Petrobras and steelmaker Gerdau will delay the first dismantling of an oil production vessel in Brazil by at least a year, people familiar with the matter said, in a setback for local shipyards.
Exclusive: Dismantling of first oil vessel in Brazil running a year late
Neutral
Zacks Investment Research
4 days ago
Petrobras Signs Extended Contract for Noble Discoverer Rig
PBR extends its partnership with Noble, securing the Noble Discoverer rig for offshore drilling in Colombia until 2026, supporting deepwater exploration.
Petrobras Signs Extended Contract for Noble Discoverer Rig
Neutral
Zacks Investment Research
1 week ago
This is Why Investors Should Exercise Caution With Petrobras
One of PBR's brightest spots is its robust production outlook.
This is Why Investors Should Exercise Caution With Petrobras
Neutral
Zacks Investment Research
1 week ago
Petrobras Explores New Oil Exploration Opportunities in India
PBR explores offshore auction opportunities in India, balancing long-term exploration goals with short-term price volatility and the impact of global trade disruptions.
Petrobras Explores New Oil Exploration Opportunities in India
Positive
Reuters
1 week ago
Brazil's Petrobras eyes exploration opportunities in India
Brazil's Petrobras is weighing opportunities from an oil block auction set to take place this year in India, said the state-run oil firm's head of exploration and production, Sylvia dos Anjos, on Thursday.
Brazil's Petrobras eyes exploration opportunities in India
Neutral
Reuters
1 week ago
Plunging crude prices "scary" but Petrobras projects resilient, says E&P head
The current plunge in crude prices is "scary," but oil projects under development by Brazil's state-run oil firm Petrobras are resilient, said Sylvia dos Anjos, the company's head of exploration and production, at an event on Wednesday.
Plunging crude prices "scary" but Petrobras projects resilient, says E&P head
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