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Petroleo Brasileiro (PBR)

(Delayed Data from NYSE)

$13.68 USD

13.68
19,726,899

+0.20 (1.48%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $13.67 -0.01 (-0.07%) 5:48 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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 C Growth B 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 37% (93 out of 251)

Industry: Oil and Gas - Integrated - Emerging Markets

Zacks News

TechnipFMC Secures Two Petrobras Subsea Contracts in Brazil

FTI bags two major contracts from Petrobras to enhance subsea production systems, extending its expertise in Brazil's pre-salt oil fields.

Nilanjan Banerjee headshot

Is SLB's Premium Stock Valuation Still Justified? Buy, Sell, or Hold?

SLB's strong fundamentals drive premium valuations with high growth expectations, but there remains some uncertainty.

Is It Worth Investing in Petrobras (PBR) Based on Wall Street's Bullish Views?

Based on the average brokerage recommendation (ABR), Petrobras (PBR) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Petrobras (PBR) Advances But Underperforms Market: Key Facts

Petrobras (PBR) closed at $14.66 in the latest trading session, marking a +0.55% move from the prior day.

Nilanjan Choudhury headshot

2 Stocks to Gain From Upward Pressure on Deepwater Dayrates

The expected dayrate increase will help specialized deepwater operators like FTI and SLB.

Petrobras Shifts Focus to Oil and Gas, Reveals New Strategic Plan

PBR's new plan places a higher emphasis on its upstream operations in a bid to rebuild reserves.

Petrobras' CFO Commits "Realistic" Budgeting in New Business Plan

PBR's CFO outlines a "realistic" 2025-2029 plan with a potential debt ceiling increase and a focus on expanding oil and gas reserves.

Petrobras' Drilling Plans Offshore Colombia Suffer Legal Setbacks

PBR and EC receive court orders to halt the drilling of a gas well in Colombia's Caribbean waters after an indigenous community filed a legal suit.

Petrobras (PBR) Outperforms Broader Market: What You Need to Know

Petrobras (PBR) concluded the recent trading session at $14.53, signifying a +0.62% move from its prior day's close.

Nilanjan Banerjee headshot

NVIDIA GPUs Powering Upstream Business: SHEL, SLB, PBR Stocks to Gain

Energy firms like SHEL, SLB & PBR are worth watching, as they are already leveraging NVIDIA GPUs to run complex simulations and enhance overall productivity.

Petrobras Accelerates Its Plan to Re-Enter Fertilizer Industry

PBR expedites its re-entry into the fertilizer industry, considering a $800 million investment in a plant to enhance Brazil's agricultural sector.

Petrobras Signs Concession Contracts for Blocks in the Pelotas Basin

PBR, in partnership with SHEL, signs 26 concession contracts for several blocks located in the Pelotas Basin, off the southern coast of Brazil.

Petrobras, TGS Enter Tech and Research Partnership in Brazil

PBR and TGS ink a MOU to enhance Brazil's energy sector with advancements in oil and gas exploration, production efficiency and renewable energy technologies.

Petrobras, Helix Ink Lucrative $786M Well Intervention Deals

PBR and Helix Energy Solutions sign new three-year contracts for the Siem Helix 1 & 2 vessels to provide well-intervention services in Brazil.

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Petrobras Seeks to Increase Energy Imports From Argentina

PBR is eyeing Argentina's Vaca Muerta shale gas region to diversify its natural gas supplies and support Brazil's industrial growth.

Nilanjan Banerjee headshot

SLB Stock Declines 14.9% YTD: Should You Hold It or Stay Away?

SLB is expanding into the carbon capture market, which is still in its early stages. Despite this, the firm is likely to achieve industry-leading margins.

Nilanjan Choudhury headshot

Subsea Capex to Surge: Which Companies Will Gain the Most?

A robust and resilient subsea market will benefit specialized operators like TechnipFMC (FTI) and SLB (SLB).

Petrobras (PBR) Plans to Boost Production With Digital Twin

Petrobras (PBR) plans to deploy the digital twin tools in maritime wells across other units before the year's end to boost production efficiency by around 1%.

Halliburton (HAL) Secures Multi-Year Contract With Petrobras

Halliburton (HAL) secures a multi-year contract with Petrobras for a full range of offshore well services in Brazil, starting from the second quarter of 2025.

Petrobras (PBR) Q2 Earnings in Line on Production Growth

As of Jun 30, 2024, Petrobras (PBR) records a net debt of $46,160 million. The company ends the quarter with cash and cash equivalents of $7,884 million.

Petrobras' (PBR) Uchuva-2 Well Confirms Major Gas Discovery

Petrobras (PBR) highlights that the Uchuva-2 well can provide relevant information for developing a new exploration and production frontier in Colombian waters.

Will Petrobras (PBR) Report Q2 Earnings Beat on Output Gains?

Petrobras (PBR) beat the Zacks Consensus Estimate for earnings just once in the last four quarters and missed in the other three.

Why Petrobras (PBR) Dipped More Than Broader Market Today

In the latest trading session, Petrobras (PBR) closed at $14.06, marking a -0.85% move from the previous day.

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

Recently, Zacks.com users have been paying close attention to Petrobras (PBR). This makes it worthwhile to examine what the stock has in store.

Petrobras (PBR) Registers a Bigger Fall Than the Market: Important Facts to Note

In the closing of the recent trading day, Petrobras (PBR) stood at $14.57, denoting a -1.22% change from the preceding trading day.