Company Performance - Petrobras (PBR) closed at $13.92, reflecting a -1.49% change from the previous session, underperforming the S&P 500's 0.39% gain [1] - The stock has increased by 4.74% over the past month, outperforming the Oils-Energy sector's gain of 1.79% and the S&P 500's gain of 1.7% [1] Upcoming Earnings - Petrobras is projected to report earnings of $0.82 per share, indicating a year-over-year decline of 35.43% [2] - The Zacks Consensus Estimate for revenue is $22.63 billion, down 16.5% from the previous year [2] Analyst Estimates - Changes in analyst estimates for Petrobras are crucial as they reflect short-term business dynamics [3] - Positive estimate revisions indicate analyst optimism regarding the company's business and profitability [3] Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Petrobras at 3 (Hold) [5] - Over the past month, the Zacks Consensus EPS estimate has decreased by 5.21% [5] - Petrobras has a Forward P/E ratio of 4.71, which is lower than the industry average of 8.32, indicating it is trading at a discount [6] PEG Ratio - Petrobras has a PEG ratio of 0.17, significantly lower than the industry average PEG ratio of 1.39 [7] Industry Overview - The Oil and Gas - Integrated - International industry, which includes Petrobras, has a Zacks Industry Rank of 70, placing it in the top 28% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Brazilian energy major Petroleo Brasileiro S.A., or Petrobras (PBR) recently announced that it successfully met its oil and gas production targets for 2024, despite facing significant operational challenges. The company reported an annual production of 2.7 million barrels of oil equivalent per day (MMBOE/d), with commercial production reaching 2.4 MMBOE/d and oil production standing at 2.2 million barrels per day. Additionally, proven reserves climbed to 11.4 billion barrels of oil equivalent, a 4.5% increa ...

Petrobras (PBR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this oil and gas company have returned +8%, compared to the Zacks S&P 500 composite's +1.2% change. During this period, the Zacks Oil and Gas - Integrated - Emerging Markets industry, which Petrobras falls in, has gained 10.6%. The key question now is: What could be the stock's future ...

More often than not, a thoughtful examination of the risks and growth prospects of a deeply discounted stock reveals that its low price accurately reflects the market's assessment. In other words, it’s cheap for a reason. However, on rare occasions, the opportunity arises whereDylan Nertavich is a Research Associate at Investor Acumen, an independent research and portfolio strategy consulting firm. With nearly a decade of experience, he specializes in identifying long and short equity opportunities across v ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!Daniel Sereda is chief investment analyst at a family office whose investments span continents and diverse asset classes. This requires him to navigate through a plethora of information on a daily basis. His expertise is in filtering this wealth of data to extract t ...

Petróleo Brasileiro S.A. - Petrobras (PBR) recently moved ahead with the divestment procedure of 25% of its minority interest in the Tartaruga field by initiating the binding phase of the proceedings. The company started the divestment procedure in November 2024 with the opportunity disclosure, also known as the teaser stage. This stage revealed the main components of the transaction and the eligibility criteria for selecting potential buyers.PBR has advanced the sale proceedings with the binding phase, whe ...

Petróleo Brasileiro S.A. - Petrobras (PBR) , on behalf of the Tupi field consortium, recently announced an extension to the charter term of the FPSO Cidade de Angra dos Reis by another five years. The extension contract for the floating production, storage and offloading (FPSO) unit was inked with Tupi Pilot MV 22 BV and Modec Serviços de Petróleo do Brasil Ltda. for prolonging the FPSO stay along with certain adjustments to the unit so that it can boost the current production potential.After extending the ...

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Petrobras (PBR) closed the latest trading day at $13.81, indicating a +0.66% change from the previous session's end. The stock lagged the S&P 500's daily gain of 0.88%. On the other hand, the Dow registered a gain of 1.24%, and the technology-centric Nasdaq increased by 0.65%.Shares of the oil and gas company witnessed a gain of 6.11% over the previous month, beating the performance of the Oils-Energy sector with its loss of 0.38% and the S&P 500's gain of 1.17%.Investors will be eagerly watching for the pe ...

Petrobras (PBR) , Brazil's state-controlled oil and gas giant, has reported a landmark achievement in 2024 with record production levels at its refineries, marking a significant milestone in the company’s operational success. The company’s output of gasoline and S-10 diesel reached new heights, further setting its role as a key player in the global energy sector. Let us explore Petrobras' recent accomplishments, its strategic financial shifts and the wider implications of these developments on Brazil’s ener ...