Petroleo Brasileiro Petrobras Stock Today

PBR Stock  USD 14.59  0.05  0.34%   

Performance

0 of 100

 
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Odds Of Distress

Less than 33

 
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Below Average
Petroleo Brasileiro is selling at 14.59 as of the 18th of March 2024; that is 0.34% increase since the beginning of the trading day. The stock's lowest day price was 14.21. Petroleo Brasileiro has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Petroleo Brasileiro Petrobras are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
10th of August 2000
Petrleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. Petrleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil. Petroleo Brasileiro operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. The company has 6.46 B outstanding shares of which 21.62 M shares are at this time shorted by investors with about 1.24 days to cover. More on Petroleo Brasileiro Petrobras

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Petroleo Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Petroleo Brasileiro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Petroleo Brasileiro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorAldemir Bendine
Thematic IdeaImpulse (View all Themes)
Old NameSoma Gold Corp
Business ConcentrationOil, Gas & Consumable Fuels, Oil & Gas Integrated, Energy, NYSE Composite, ARCA Oil, Impulse, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Integrated, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering Petroleo Brasileiro report their recommendations after researching Petroleo Brasileiro's financial statements, talking to executives and customers, or listening in on Petroleo Brasileiro's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Petroleo Brasileiro. The Petroleo consensus assessment is calculated by taking the average forecast from all of the analysts covering Petroleo Brasileiro.
Financial Strength
Based on the analysis of Petroleo Brasileiro's profitability, liquidity, and operating efficiency, Petroleo Brasileiro Petrobras is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Petroleo Brasileiro is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.570.4738
Fairly Up
Pretty Stable
Gross Profit Margin0.450.5022
Moderately Down
Slightly volatile
Net Debt55.6 B57.4 B
Sufficiently Down
Slightly volatile
Total Current Liabilities27.7 B33.7 B
Significantly Down
Pretty Stable
Non Current Liabilities Total91.3 B103.9 B
Fairly Down
Pretty Stable
Total Assets206.8 B216.3 B
Sufficiently Down
Slightly volatile
Total Current Assets39.8 B32.3 B
Fairly Up
Slightly volatile
Total Cash From Operating Activities26.9 B41.3 B
Way Down
Slightly volatile
Petroleo Brasileiro's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Petroleo Brasileiro's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Petroleo Brasileiro's financial leverage. It provides some insight into what part of Petroleo Brasileiro's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Petroleo Brasileiro's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Petroleo Brasileiro deploys its capital and how much of that capital is borrowed.
Liquidity
Petroleo Brasileiro cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 62.39 B in debt with debt to equity (D/E) ratio of 0.68, which is OK given its current industry classification. Petroleo Brasileiro has a current ratio of 1.28, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Petroleo Brasileiro until it has trouble settling it off, either with new capital or with free cash flow. So, Petroleo Brasileiro's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Petroleo Brasileiro sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Petroleo to invest in growth at high rates of return. When we think about Petroleo Brasileiro's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

15.79 Billion
Petroleo Brasileiro Petrobras (PBR) is traded on New York Stock Exchange in USA. It is located in Avenida RepUblica do Chile, 65, Rio De Janeiro, RJ, Brazil, 20031-912 and employs 46,730 people. Petroleo Brasileiro is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 93.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Petroleo Brasileiro's market, we take the total number of its shares issued and multiply it by Petroleo Brasileiro's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Petroleo Brasileiro runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 6.46 B outstanding shares of which 21.62 M shares are at this time shorted by investors with about 1.24 days to cover. Petroleo Brasileiro Petrobras has about 40.6 B in cash with 41.29 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Petroleo Brasileiro Probability Of Bankruptcy
Ownership Allocation
Petroleo Brasileiro has a total of 6.46 Billion outstanding shares. Roughly 78.0 pct. of Petroleo Brasileiro outstanding shares are held by general public with 22.06 (%) by third-party entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Petroleo Ownership Details

Petroleo Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Petroleo Brasileiro jumping above the current price in 90 days from now is roughly 97.0%. The Petroleo Brasileiro Petrobras probability density function shows the probability of Petroleo Brasileiro stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3025 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Petroleo Brasileiro will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Petroleo Brasileiro is significantly underperforming NYSE Composite.
  Odds Below 14.59HorizonTargetOdds Above 14.59
3.34%90 days
 14.59 
96.62%
Based on a normal probability distribution, the odds of Petroleo Brasileiro to move above the current price in 90 days from now is roughly 97.0 (This Petroleo Brasileiro Petrobras probability density function shows the probability of Petroleo Stock to fall within a particular range of prices over 90 days) .

Petroleo Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Petroleo Brasileiro that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Petroleo Brasileiro's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Petroleo Brasileiro's value.
InstituionRecorded OnShares
Blackrock Inc2023-12-31
12.4 M
Ubs Asset Mgmt Americas Inc2023-12-31
10 M
Bank Of America Corp2023-12-31
9.1 M
Mondrian Investment Partners Ltd2023-12-31
8.2 M
Itau Unibanco Holding Sa2023-12-31
8.1 M
Thornburg Investment Management Inc2023-12-31
7.6 M
Spx Equities Gestao De Recursos Ltda2023-12-31
7.6 M
Massachusetts Financial Services Company2023-12-31
7.4 M
Rwc Asset Advisors (us) Llc2023-12-31
6.8 M
Gqg Partners Llc2023-12-31
213.2 M
Goldman Sachs Group Inc2023-12-31
47.6 M
View Petroleo Brasileiro Diagnostics

Petroleo Brasileiro Historical Income Statement

Petroleo Brasileiro Petrobras Income Statement is one of the three primary financial statements used for reporting Petroleo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Petroleo Brasileiro revenue and expense. Petroleo Brasileiro Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Petroleo Brasileiro's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 03/18/2024, Selling And Marketing Expenses is likely to grow to about 4 B, while Interest Expense is likely to drop slightly above 2.6 B. View More Fundamentals

Petroleo Stock Against Markets

Picking the right benchmark for Petroleo Brasileiro stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Petroleo Brasileiro stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Petroleo Brasileiro is critical whether you are bullish or bearish towards Petroleo Brasileiro Petrobras at a given time. Please also check how Petroleo Brasileiro's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Petroleo Brasileiro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Petroleo Brasileiro Corporate Directors

Petroleo Brasileiro corporate directors refer to members of a Petroleo Brasileiro board of directors. The board of directors generally takes responsibility for the Petroleo Brasileiro's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Petroleo Brasileiro's board members must vote for the resolution. The Petroleo Brasileiro board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Petroleo Stock?

Before investing in Petroleo Brasileiro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Petroleo Brasileiro. To buy Petroleo Brasileiro stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Petroleo Brasileiro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Petroleo Brasileiro stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Petroleo Brasileiro Petrobras stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Petroleo Brasileiro Petrobras stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Petroleo Brasileiro Petrobras, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Petroleo Stock please use our How to Invest in Petroleo Brasileiro guide.

Already Invested in Petroleo Brasileiro Petrobras?

The danger of trading Petroleo Brasileiro Petrobras is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Petroleo Brasileiro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Petroleo Brasileiro. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Petroleo Brasileiro is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Petroleo Brasileiro is a strong investment it is important to analyze Petroleo Brasileiro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Petroleo Brasileiro's future performance. For an informed investment choice regarding Petroleo Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petroleo Brasileiro Petrobras. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Petroleo Brasileiro information on this page should be used as a complementary analysis to other Petroleo Brasileiro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Petroleo Brasileiro's price analysis, check to measure Petroleo Brasileiro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Petroleo Brasileiro is operating at the current time. Most of Petroleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petroleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petroleo Brasileiro's price. Additionally, you may evaluate how the addition of Petroleo Brasileiro to your portfolios can decrease your overall portfolio volatility.
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Is Petroleo Brasileiro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Petroleo Brasileiro. If investors know Petroleo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Petroleo Brasileiro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
5.569
Earnings Share
4.12
Revenue Per Share
78.634
Quarterly Revenue Growth
(0.15)
The market value of Petroleo Brasileiro is measured differently than its book value, which is the value of Petroleo that is recorded on the company's balance sheet. Investors also form their own opinion of Petroleo Brasileiro's value that differs from its market value or its book value, called intrinsic value, which is Petroleo Brasileiro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Petroleo Brasileiro's market value can be influenced by many factors that don't directly affect Petroleo Brasileiro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Petroleo Brasileiro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petroleo Brasileiro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petroleo Brasileiro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.