Petroleo Brasileiro

Petróleo Brasileiro SA engages in oil and gas exploration, production, and distribution activities. It operates through the following segments: Exploration and Production; Refining, Transportation, and Marketing; Gas and Power; and Corporate and Other Business. The Exploration and Production segment involves crude oil, natural gas liquids, and natural gas exploration, development, and production. The Refining, Transportation and Marketing segment involves refining, logistics, transportation, trading operations, oil products and crude oil exports and imports, and petrochemical investments. The Gas and Power segment includes transportation and trading of natural and liquefied natural gas, the generation and trading of electric power, and the fertilizer business. The Corporate and Other Business segment comprises the financing activities not attributable to other segments including corporate financial management, and central administrative overhead and actuarial expenses. The company was founded on October 3, 1953 and is headquartered in Rio de Janeiro, Brazil.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Petróleo Brasileiro SA engages in oil and gas exploration, production, and distribution activities. It operates through the following segments: Exploration and Production; Refining, Transportation, and Marketing; Gas and Power; and Corporate and Other Business. The Exploration and Production segment covers the activities of exploration, development, and production of crude oil, natural gas liquid, and natural gas, for the primary purpose of supplying its domestic refineries. The Refining, Transportation, and Marketing segment refers to refining, logistics, transport, and trading of crude oil and oil products activities as well as exports of ethanol. The Gas and Power segment represents the activities of logistic and trading of natural gas and electricity, transportation and trading of liquefied natural gas, generation and electricity by means of thermoelectric power plants, as well as holding interests in transporters and distributors of natural gas. The Corporate and Other Business segment includes corporate items related to corporate financial management, overhead related to central administration, and other expenses; and other businesses such as distribution of oil products abroad (South America) and the production of biodiesel and its co-products. The company was founded on October 3, 1953 and is headquartered in Rio de Janeiro, Brazil.

Ardmore Shipping

Bancolombia

DHT Holdings

Energy Transfer LP Unit

Euronav

FS KKR Capital Corp

HSBC Holdings

Dorian LPG

Magic Software Enterprises

Altria

Nu Skin Enterprises

New York Community Bancorp

Blue Owl Capital Corp

Sibanye Stillwater

Sociedad Quimica Y Minera De Chile

TORM

"Value ranking, looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed." - YCharts Value Screener. 70 December Value large caps and Graham formula-derived results reflect established value-stock detection-criteria. Of those, 56 met the dogcatcher-Delirious-ideal of dividends from $1K invested, exceeding their single-share-stock-prices. Representing nine-of-eleven Morningstar Sectors, all 56 ideal value-picks pay regular-dividends. Broker-target-top-ten net-gains ranged 30.91%-70.83%, topped by SBSW & SQM, as-of 11/21/23.

56 Delicious December Value Buys From Ben Graham's Formula

Brazil's Petrobras will invest around $102 billion within the 2024-2028 period, the firm's new strategic plan showed on Thursday, representing a major boost in expected investments by the state-run oil company.

Brazil's Petrobras to invest $102 billion in next five years

Brazil's environment protection agency Ibama is expected to decide by early next year if state-run oil company Petrobras can drill near the mouth of the Amazon River, Ibama's president Rodrigo Agostinho said on Wednesday.

Brazil agency to rule if Petrobras can drill near Amazon mouth by early 2024

Ecopetrol

Vertex Energy

The iShares Global Energy ETF (NYSEARCA: IXC ) has only risen 3.9% year-to-date (YTD), indicating energy stocks have had a mixed year. However, things could change for oil stocks as we enter the winter months.

3 Oil Stocks That Could Heat Up This Winter

Liberty Oilfield Services

After selling off nearly 25% over the last six weeks, the price of crude oil has staged a powerful reversal, which I believe signals a bottom in the market. Based on the economic readings of a strong economy, and persistently tight supply in oil supply I think the prices of oil rallies into year end.

Oil Prices on the Rise: 3 Top Ranked Energy Stocks Breaking Out Now

Coca-Cola

Walmart

U.S. equities markets appear to be entering another rally before the year ends. Positive data from a recently issued CPI report has led many interest rate speculators to believe the Federal Reserve is just about finished with its hike cycle.

3 Value Stocks With At Least a 30% Upside

PBR recorded a mixed FQ3'23 earnings call, as the volatile spot prices and elevated expenses trigger its impacted profitability and dividend payouts. FQ4'23 may bring forth some uncertainty, with the expanded FCF from reduced capex and raised output guidance negated by the lower spot prices and forex headwinds. However, thanks to PBR's undervaluation, the stock still offers a compelling forward dividend yield of 9.6%, exceeding the sector median of 3.70% and the US Treasury Yields.

Petrobras: Under Valued And Under Appreciated - Still A Robust Dividend Play

Petrobras and Ecopetrol continue to provide huge dividends and significant share price upside in a potential oil bull market. There are some parallels between Petrobras today and Berkshire's investment in PetroChina in the 2000s. Institutional money continues to flow into Petrobras stock due to its cheap valuation and asymmetric setup.

Petrobras: An Update On The Brazilian Oil Giant

AllianceBernstein Hld

Ares Commercial Real Estate

BrightSpire Capital

AG Mortgage Investment Trust

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

OFS Capital

Oxford Lane Capital

Ready Capital Corp

AT&T

AT&T 5.35 % Notes 2017-01.11.66 Global

Invesco Senior Income Trust

Walgreens

Prior to September 30, 2023, my Readers mentioned 36 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: MVRL, FSK, T, RC, MO, BRSP, AHOTF, AB, WBA, and MITT averaged 56.52% net gains from reader data collected 11/15/23. Ten analyst-target-augured October TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: ABR, MMM, RC, O, BRSP, MO, T, AB, WBA, & MITT boasting a 47.19% average target price upside estimate.

Readers Post 31 October Dividend Buy Candidates

Brazilian President Luiz Inacio Lula da Silva pressed the head of state-run oil firm Petrobras , Jean Paul Prates, to modify the company's 2024-2028 investment plane to prioritize local job creation, five sources told Reuters.

Lula asks Petrobras to tweak investment plan for more Brazil jobs, sources say

Frontline

JPMorgan Chase & Co

The S&P 500 and Nasdaq are amid another rally after entering “correction territory” in October. This week's Consumer Price Index ( CPI ) report, which indicated headline U.S. inflation essentially stalled in October while the “core” consumer price index increased only 0.2% from September, is exciting traders and equities investors alike.

3 Value Stocks You'll Regret Not Buying Soon: November 2023

ConocoPhillips

Shell PLC

They say that you should take analyst projections and ratings with a grain of salt and that the actual language of the market is read through valuation ratios and price action. You could follow this logic, but as often does, it will probably lead you down a rabbit hole of ideas and wasted brain power.

Energy looks to dominate markets with 3 oil and gas stocks

Petrobras investors have outperformed their energy sector peers with a 1-year total return of over 90%, dismantling the bearish thesis convincingly. The company's relatively attractive valuation and strong production outlook have bolstered investor confidence. However, growth headwinds relating to its CapEx spending need to be considered. Petrobras has benefited from Brazil's falling inflation rates, as the "Lula discount" likely declined. However, PBR has struggled to regain its upward momentum above the $16.5 level.

Petrobras: Gained 90% Over One Year - Don't Expect The Same

Petroleo Brasileiro  PBR , commonly known as Petrobras, is a Brazilian multinational energy company and one of the largest integrated oil and gas companies in the world. It is also one of the most compelling oil stock investments currently in the market.

Bull of the Day: Petroleo Brasileiro (PBR)

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR ) Q3 2023 Earnings Call Transcript November 10, 2023 8:30 AM ET Company Participants Jean Paul Prates - Chief Executive Officer Sergio Caetano Leite - Chief Finance and Investor Relations Officer Ana Paula Zettel - Executive Director for Partnerships and Exploration and Production Processes Mauricio Tolmasquim - Chief Energy Transition and Sustainability Officer Carlos Travassos - Chief Engineering, Technology and Innovation Officer William Franca - Chief Industrial Processes and Products Officer Claudio Schlosser - Chief Logistics, Commercialization and Market Officer Conference Call Participants Operator Good morning, and welcome to Petrobras Earnings Results Webcast for the Third Quarter of 2023.

Petróleo Brasileiro S.A. - Petrobras (PBR) Q3 2023 Earnings Call Transcript

Facing political and financial risks, Petrobras confronted concerns resembling those leading to near-bankruptcy in 2016. Changes in leadership, discontinuation of the international price parity policy, a shift in dividend distribution, and the potential offshore wind energy investment raised concerns. Despite concerns, Petrobras' shares rose by 60%, and Q3 results showcased solid performance, continuing to provide attractive dividends.

I Was Wrong About Petrobras, But I'm Still Not Bullish

Brazil's state-run oil company Petrobras' upcoming five-year business plan will include around $100 billion in investments the firm is both analyzing and those it has already committed to, a source familiar with the matter told Reuters on Friday.

Petrobras' five-year plan could include around $100 billion in projects - source

Brazil's state-run oil company Petrobras posted a 41.5% drop in its third-quarter profits on Thursday.

Brazil's Petrobras reports 41% decline in third-quarter profit

Here is how Petrobras (PBR) and Sunoco LP (SUN) have performed compared to their sector so far this year.

Is Petroleo Brasileiro (PBR) Stock Outpacing Its Oils-Energy Peers This Year?

Petrobras has among the lowest industry breakevens, ample reserves and proximity to major recent discoveries in Latin America. Political risks are overblown demonstrated by a negligible "green" capex budget, ongoing generous dividend payouts and a largely unchanged diesel pricing policy. Petrobras is highly undervalued relative to peers on a number of production, cash flow and margin metrics.

Petrobras: A Best-In-Class Bargain

After reaching an important support level, Petrobras (PBR) could be a good stock pick from a technical perspective. PBR surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

Petrobras (PBR) Just Overtook the 20-Day Moving Average

Petrobras is a generous company in terms of dividend policy, with a high dividend yield and the ability to generate substantial free cash flow. The company's financial performance has been volatile over the decade, but its profitability demonstrated solid resilience even during the deep crisis during the global lockdown of 2020-2021. The stock is attractively valued, with potential upside depending on conservative dividend growth assumptions, and the company is well-positioned to absorb industry tailwinds.

Petrobras: Attractively Valued And Well-Positioned To Absorb Industry Tailwinds

Baytex Energy Corp

PBF Energy

There are a number of top-rated stocks set to report their quarterly results on Thursday, November 2 with several belonging to the Zacks Oils & Energy sector.

3 Highly Ranked Energy Stocks to Buy as Earnings Approach

Amazon

First Bank

AMZN, PBR and FRBA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 1, 2023.

Best Momentum Stocks to Buy for November 1st

Ares Capital

Banco de Chile

British American Tobacco

Citizens Financial Group

MPLX

NatWest Group plc 

Telefonica SA

Vodafone Group

Western Gas Partners

We recently published this list of 50 large-cap high-dividend stocks as of 10/27/23 per data from YCharts. The list targeted investors who “don't want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation went belly-up.”. Investors reduce volatility/risk by limiting high-dividend search to large-well-established companies.

50 Large-Cap High-Yield Stocks For November

News for Petroleo Brasileiro Stock (PBR)