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Petroleo Brasileiro (PBR)

(Delayed Data from NYSE)

$14.65 USD

14.65
12,589,453

+0.10 (0.69%)

Updated Jul 3, 2024 01:00 PM ET

After-Market: $14.50 -0.15 (-1.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 41% (101 out of 249)

Industry: Oil and Gas - Integrated - Emerging Markets

Better trading starts here.

Zacks News

Urbashi Dutta headshot

Global Oil Firms Bet Big on Namibia Discovery Amid Energy Shift

Global oil giants like Chevron (CVX), Petrobras (PBR) and TotalEnergies (TTE) vie fiercely for Galp Energia's Namibia oil stake, betting on burgeoning fossil fuel demand and growth opportunities.

Transocean's (RIG) Deepwater Aquila Begins Work Offshore Brazil

Transocean's (RIG) newbuild ultra-deepwater drillship begins its first assignment for Petrobras, offshore Brazil, at a day rate of $448,000.

Petrobras (PBR) Puts Off the Barracuda-Caratinga FPSO Tender

Petrobras (PBR) delays the Barracuda-Caratinga FPSO tender for the second time due to difficulty in attracting floater companies for its Campos basin project.

TotalEnergies (TTE) to Sell West of Shetland Assets to Prax Group

TotalEnergies (TTE) inks a deal to sell its entire interest in West of Shetland assets. This move is in line with TTE's strategy to actively manage its portfolio by monetizing mature assets.

Petrobras (PBR) Stock Falls Amid Market Uptick: What Investors Need to Know

Petrobras (PBR) reachead $14.21 at the closing of the latest trading day, reflecting a -0.63% change compared to its last close.

Petrobras (PBR) Signs Gas Supply Deal With Gerdau, Naturgy

Petrobras (PBR), Gerdau and Naturgy sign a deal for natural gas supply in Rio de Janeiro's free-market environment, aiming to boost competitiveness, market liberalization, sustainability and investment.

Petrobras (PBR) Starts Drilling Uchuva-2 Well in Colombia

Petrobras (PBR), in partnership with Ecopetrol, begins drilling the Uchuva-2 well on Colombia's Caribbean coast to validate the significant Uchuva-1 gas discovery and enhance gas supply.

Petrobras (PBR) Rises As Market Takes a Dip: Key Facts

In the closing of the recent trading day, Petrobras (PBR) stood at $14.01, denoting a +1.37% change from the preceding trading day.

Petrobras (PBR) Inks Vessel Contracts With Solstad Offshore

Petrobras (PBR) awards Solstad Offshore multi-year contracts worth $243 million for three vessels, enhancing operational efficiency in Brazil.

Petrobras (PBR) Suffers a Larger Drop Than the General Market: Key Insights

In the most recent trading session, Petrobras (PBR) closed at $13.59, indicating a -1.52% shift from the previous trading day.

Petrobras (PBR) to Develop Advanced Subsea Pumping Technology

Petrobras (PBR) collaborates with Curtiss-Wright (CW) to develop a fully electric subsea pumping system that will use hermetically sealed motors instead of traditional mechanical seals.

Petrobras (PBR), Shearwater Team Up for Seismic Innovation

Petrobras (PBR) and Shearwater GeoServices sign a five-year agreement to advance seismic tech by enhancing seismic data quality, efficiency and innovation in oil and gas exploration.

Oceaneering (OII) Clinches $120-$183M Contracts With Petrobras

Oceaneering (OII) secures major contracts with Petrobras, boosting revenues by $120-$183 million, and supplying critical subsea technology for offshore oil operations.

Petrobras (PBR) Rises Higher Than Market: Key Facts

Petrobras (PBR) closed the most recent trading day at $14.59, moving +0.34% from the previous trading session.

TechnipFMC (FTI), Sulzer Team Up on CO2 Pumps for Petrobras

TechnipFMC (FTI) and Sulzer develop subsea CO2 pumps for Petrobras, enhancing energy efficiency and reducing emissions in Brazilian oil fields.

Petrobras (PBR), Vallourec Team Up for Offshore Development

Petrobras (PBR) extends a contract with Vallourec for GRE-lined carbon steel tubes and accessories for offshore drilling in Brazil's Campos Basin.

Petrobras (PBR) Divests 30% Stake in Brentech to Enegen

Petrobras (PBR) sells a 30% stake in Brentech Energia to Enegen for approximately $2 million, aligning with decarbonization goals by focusing on natural gas.

Petrobras (PBR) Inks $1.25 Billion Buzios 9 Deal With Subsea 7

Petrobras (PBR) awards Subsea 7 a $1.25 billion contract to develop the B??zios 9 field in the Santos basin, enhancing Brazil's oil production with advanced subsea engineering.

Petrobras (PBR) Awards $11B Contract to Seatrium for FPSOs

Petrobras (PBR) awards Seatrium an $11 billion contract to build FPSO vessels for Brazil's Santos Basin, enhancing oil production and sustainability.

Petrobras (PBR) Halts Sale of Refineries to Aid Brazil Economy

Petrobras (PBR) stops the sale of its refineries under government pressure, shifting focus to boosting operations, creating jobs and expanding into green energy.

Petrobras (PBR) Hit by Dividend Fiasco: All You Need to Know

Petrobras (PBR) ousted CEO's tenure was marred by disagreements with government-appointed board members over the decision to pay extraordinary dividends to its shareholders.

Petrobras (PBR) Launches Newbuild Support Vessel Tenders

Petrobras (PBR) plans to tender 26 newbuild vessels, boosting Brazilian shipbuilding with $2.5 billion investments in OSRV and RSV and supporting offshore drilling in the latter half of this decade.

Investors Heavily Search Petroleo Brasileiro S.A.- Petrobras (PBR): Here is What You Need to Know

Petrobras (PBR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Company News For May 15, 2024

Companies In The Article Are:DIS, BA,PBR and MNDY.

Petrobras (PBR) Q1 Earnings Lag on High Pre-Salt Lifting Costs

As of Mar 31, 2024, Petrobras (PBR) records a net debt of $43,646 million. The company ends the quarter with cash and cash equivalents of $11,547 million.