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Petroleo Brasileiro (PBR)

(Real Time Quote from BATS)

$13.40 USD

13.40
9,572,604

+0.15 (1.13%)

Updated Nov 6, 2024 01:04 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 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 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.

TOTAL (TOT) Steps Down as Operator in Foz do Amazonas Basin

TOTAL (TOT) decides to discontinue as operator of the environmentally sensitive Foz do Amazonas Basin located in offshore Brazil.

Petrobras to Sell Off Polo Potiguar & Clara Camarao Assets

Petrobras (PBR) begins the teaser phase of the oilfields' collective sale as Polo Potiguar along with the nearby Clara Camarao refinery???s divestment in the state of Rio Grande do Norte.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Occidental's Land Deal, TOTAL's FID & More

Occidental Petroleum (OXY) agreed to sell more than 5 million acres of land and mineral rights, while TOTAL (TOT) and its partners took the FID for the third phase of the Mero project in Brazil.

TechnipFMC (FTI) Clinches Major EPCI Contract From Petrobras

The EPCI contract by the Libra Consortium strengthens the close ties of TechnipFMC (FTI) with Petrobras and enriches its capability in the pre-salt region, thereby expanding its base in Brazil.

Petrobras (PBR) to Sell Off Fazenda Belem Cluster Stake

Petrobras (PBR) signs a letter of intent with Malaysian contractor MISC to provide a floating production storage and an offloading facility (FPSO), which will be installed in the giant Mero field.

TOTAL and Partners Launch Phase 3 of Mero Field in Brazil

TOTAL (TOT) along with its partners announces the launch of Phase 3 of the Mero project, which is set to come online in 2024 and has a liquid processing capacity of 180,000 barrels per day.

Petrobras (PBR) Q2 Loss Wider Than Expected on Oil Slump

Petrobras' (PBR) average oil and gas production during Q2 reached 2,802 MBOE/d, up from 2,633 MBOE/d in the same period of 2019.

Petrobras Begins Decommissioning Campos Basin's P-12 Platform

Petrobras (PBR) is set to decommission the P-07 and P-15 platforms in the Campos Basin alongside the FPSO Piranema in the Sergipe-Alagoas Basin in 2020.

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Oil & Gas Stock Roundup: Shell & Exxon's Q2 Updates, BP's Divestment & More

Royal Dutch Shell (RDS.A) and ExxonMobil (XOM) issued updates on their upcoming Q2 earnings, while BP plc (BP) agreed to sell its global petrochemicals business for $5 billion.

Petrobras (PBR) to Sell Off Its Fully-Owned Biofuel Unit

Petrobras (PBR) is the sole owner of Petrobras Biocombustivel's stake and plans to sell 100% operating interest in the project along with a 100% stake held by the unit in three biodiesel plants.

Petrobras Draws Record June Fuel From Buzios Despite Coronavirus

Petrobras' (PBR) gas sales surge in the May 10-16 time frame to touch 459,000 cubic meters from 146,000 cubic meters recorded in late March.

Petrobras Announces Initiation of Production at Atapu Field

Petrobras' (PBR) oil and gas production at its Atapu field is being carried out using P-70 FPSO unit, which can produce 150,000 barrels of oil and nearly six million cubic meters of natural gas daily.

TOTAL (TOT) Boosts Output in Brazil With Second FPSO on Lara

TOTAL's (TOT) oil output from Brazil is set to increase from the current level with the start-up of the second FPSO on Lara.

Petrobras to Sell Fully Owned Brazil's Shallow-Water Fields

Petrobras' (PBR) plan to sell its stakes in the four offshore oil fields off the coast of Brazil's Ceara state is in line with its strategy to contain costs and boost capital deployment.

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Oil & Gas Stock Roundup: BP's $17.5B Writedown, ConocoPhillips' Production Plans & More

BP plc (BP) will take a $17.5 billion write-down in its second-quarter results, while ConocoPhillips (COP) said that it will restore its oil production on improving fundamentals.

Petrobras Clinches 5-Year Naphtha Supply Deal From Braskem

Petrobras (PBR) intends to sell off its shares in Braskem under its $20-$30 billion divestment program for the 2020-2024 period.

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Oil & Gas Stock Roundup: BP's Job Cuts, TOTAL's Wind Farm Deal & More

BP plc (BP) said it would cut 10,000 jobs in response to crashing oil prices, while TOTAL S.A. (TOT) agreed to purchase a 51% stake in the Seagreen 1 offshore wind farm project in Scottish waters.

Petrobras' May Fuel Export Creates Milestone Despite Coronavirus

Petrobras (PBR) ships 1.11 million tons of fuel oil in May, accounting for 10% growth from the previous record set in February this year.

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Oil & Gas Stock Roundup: Enbridge, Petrobras & TC Energy Report Q1 Earnings

North American midstream companies Enbridge (ENB) and TC Energy (TRP) reported better-than-expected Q1 bottom line numbers, while Brazil's Petrobras (PBR) missed earnings estimate.

Petrobras (PBR) Q1 Earnings Miss Even as Lifting Costs Drop

Petrobras (PBR) generated positive free cash flow for the 20th consecutive quarter, with the metric surging to $5,911 million from $3,132 million recorded in last year's corresponding period.

Is Petroleo Brasileiro (PBR) a Good Pick for Value Investors?

Is Petroleo Brasileiro (PBR) a great pick from the value investor's perspective right now? Read on to know more.

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Oil & Gas Stock Roundup: Exxon's Spending Cut, Equinor's GoM Find & More

ExxonMobil (XOM) pares 2020 capital spending budget by 30%, while Equinor (EQNR) announced an oil discovery in the U.S. Gulf of Mexico.

Is the Options Market Predicting a Spike in Petrobras (PBR) Stock?

Investors need to pay close attention to Petrobras (PBR) stock based on the movements in the options market lately.

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Earnings Scorecard & Analyst Reports for Apple, Amazon & Others

Today's Research Daily features Q1 earnings scorecard and new research reports on 16 major stocks, including Apple (AAPL), Amazon (AMZN) and AstraZeneca (AZN).