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Petroleo Brasileiro (PBR)

(Real Time Quote from BATS)

$13.26 USD

13.26
2,489,188

+0.01 (0.08%)

Updated Nov 6, 2024 10:16 AM 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 D 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 39% (99 out of 251)

Industry: Oil and Gas - Integrated - Emerging Markets

Zacks News

Petrobras (PBR) to Sell Its Entire Stake in Onshore Fields of Sergipe

Petrobras (PBR) to sell its whole interest in Rabo Branco field to Energizzi Energias do Brasil Ltda wherein the latter will pay the former a sum of $1.5 million at one go.

Petrobras (PBR) Ends Sale of Stakes in Onshore Fields of Bahia

Petrobras (PBR) sells four onshore concessions, namely Conceicao, Querera, Fazenda Matinha and Fazenda Santa Rosa to Eagle.

Petrobras (PBR) Looks Out for Final Offers for RLAM Refinery

Petrobras (PBR) is currently on track to sell eight refineries and all the sales are estimated to be completed by the first quarter of 2022.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: News From ExxonMobil, Repsol & Halliburton

ExxonMobil (XOM) canceled plans to offload its interest in Australia's Bass Strait oil and gas assets, while Repsol (REPYY) and Halliburton (HAL) announced initiatives toward transition to a low-carbon future.

Petrobras (PBR) Slashes 2021-2025 CapEx Guidance Amid Coronavirus

Petrobras (PBR) projects $46 billion expense on exploration and production for the 2021-2025 period compared with $64 billion guided a year earlier.

Transocean (RIG) Adds $297M to Backlog Via Contract Expansions

With the new contract extensions, Transocean's (RIG) Deepwater Corcovado and Deepwater Mykonos drillships will carry on with operations in Brazil.

Petrobras (PBR) to Sell 50% of Its Fully-Owned Marlim Cluster

Petrobras' (PBR) plan to divest half its stakes in the four fields of the Marlim Cluster is in line with its strategy to slash costs and enhance capital deployment.

Petrobras (PBR) to Sell Off Its Fully-Owned Ceara Cluster

Petrobras' (PBR) plan to divest its stakes in the four fields offshore the state of Ceara is in line with its strategy to slash costs and better capital deployment.

Sheraz Mian headshot

Top Research Reports for QUALCOMM, Intuit & Boeing

Today's Research Daily features new research reports on 16 major stocks, including QUALCOMM (QCOM), Intuit (INTU) and Boeing (BA).

Petrobras (PBR) Beats on Q3 Earnings, Ups Production Guidance

Petrobras (PBR) generates positive free cash flow for the 22nd consecutive quarter, with the metric rising to $7,468 million from $6,480 million recorded in last year's corresponding period.

Petrobras (PBR) Postpones Parque das Baleias Project by a Year

Petrobras (PBR) terminates the platform charter bidding and sanctions the start of a new bid process.

TechnipFMC (FTI) Clinches Major EPCI Contract From Equinor

TechnipFMC's (FTI) scale comprises provision of pliable jumpers and durable pipelines besides pipeline construction activity.

Petrobras Hits Record September S-10 Diesel Despite Coronavirus

Petrobras (PBR) records maximum sales in September by vending 1.9 million cubic meters of S-10 diesel.

Should Value Investors Buy Petrobras (PBR) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Petrobras Seals Natural Gas Transportation & Processing Deal

The natural gas transportation and processing agreement will aggravate the competitive environment and curb Petrobras' (PBR) involvement in all aspects of the natural gas chain.

ExxonMobil Makes FID for Payara Development Offshore Guyana

ExxonMobil (XOM) expects the Payara project to produce 220,000 barrels of oil per day and come online in 2024.

Petrobras to Spend $6B on Retiring Offshore Platforms, Wells

Petrobras (PBR) expects to gain $1 billion from 2020 asset sales after receiving the proceeds worth $14.4 billion from 2019 divestments.

Petrobras to Take Charge of 5 Blocks in Foz do Amazonas Basin

Per Petrobras (PBR), its new role as an operator will enable it to extend its ownership of the fields to at least 50% and further stretch it to 70% if BP does not intend to grow its stakes in the fields.

Petrobras to Sell Its Stake in 2 Deepwater Campos Basin Fields

Petrobras (PBR) is the sole owner and operator of the 455-square kilometer Albacora field and plans to sell its entire stake in the field.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Devon-WPX Merger, TOTAL's Solar Push & More

Devon Energy (DVN) and WPX Energy (WPX) agreed to combine in a bid to strengthen their Permian Basin position, while TOTAL (TOT) enters into a deal to develop 3.3 GW of solar projects in Spain.

Petrobras Finds Hydrocarbons in C-M-657 Block of Campos Basin

Petrobras (PBR) is the chief operator of the C-M-657 block holding 30% interest and confirms the presence of hydrocarbons in carbonate reservoirs in the pre-salt section.

Sayantika Bhattacharya headshot

Can Oil Project Approvals Return to Pre-Coronavirus Level in 2022?

As a result of the coronavirus-induced ailing market condition, offshore commitments are now estimated to be $34 billion in 2020, reflecting a third of $101 billion reported in 2019.

Petrobras to Sell Off Its Fully-Owned Araucaria Fertilizer Firm

Petrobras' (PBR) Araucaria fertilizer firm sell-off is in sync with its strategy to cut costs and improve capital allocation for boosting shareholder value.

Petrobras Slashes 2021-2025 E&P CapEx Guidance Amid Coronavirus

Petrobras (PBR) projects nearly $40-$50 billion expense on exploration and production between 2021 and 2025 compared with the past guidance of $64 billion announced in the 2020-2024 strategic plan.

Petrobras Discovers High Productivity at Jupiter Oilfield

Petrobras (PBR) plans to use Jupiter for testing new technology that splits carbon dioxide at the foot of the ocean and reinjects it into the rocks.