PBR-A - Petróleo Brasileiro S.A. - Petrobras

NYSE - NYSE Delayed Price. Currency in USD
10.19
+0.76 (+8.06%)
At close: 4:02PM EDT
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Previous Close9.43
Open10.06
Bid0.00 x 0
Ask0.00 x 0
Day's Range9.99 - 10.26
52 Week Range7.55 - 14.98
Volume9,561,934
Avg. Volume9,979,098
Market Cap72.034B
Beta2.89
PE Ratio (TTM)N/A
EPS (TTM)-0.02
Earnings DateN/A
Forward Dividend & Yield0.03 (0.30%)
Ex-Dividend Date2018-05-22
1y Target Est12.60
Trade prices are not sourced from all markets
  • Reuters2 days ago

    Brazil's Petrobras says Entorno de Sapinhoá block is commercially viable

    Brazil's state-controlled oil company Petróleo Brasileiro SA said that areas it operates adjacent to the Entorno de Sapinhoá block in the Santos basin are commercially viable, according to a securities ...

  • Reuters3 days ago

    Brazil's Petrobras to start up four new platforms in Q4 -director

    Brazil's state-controlled oil company Petrobras will start pumping pre-salt oil from four new platforms between October and December, the company's director for production and technology development Hugo Repsold said on Wednesday. Speaking to reporters at an oil industry event, he said Petrobras could study building its own platforms after 2022 and predicted the company would head towards sustainable growth of oil production in the next few years. Repsold said Petrobras was well on the road to recovery and was starting up platforms that had been delayed in recent years and which will now ensure continued growth in output.

  • Reuters4 days ago

    Brazil's Petrobras opens path to future sale of Transpetro unit: paper

    Brazilian state-run oil company Petroleo Brasileiro SA opened the path to a future sale of its Transpetro SA shipping and pipeline unit via a by-law change approved at a June shareholders' meeting, a paper reported on Wednesday. Under the by-law change, first reported by Brazilian paper Valor Economico, Petrobras, as the company is commonly known, may now sell over 50 percent of the subsidiary, a move that would have been prohibited previously. Petrobras did not immediately respond to a request for comment on Wednesday.

  • Why Has Short Interest in CVX Declined?
    Market Realist4 days ago

    Why Has Short Interest in CVX Declined?

    Short interest as a percentage of outstanding shares in Chevron (CVX) has fallen 0.1 percentage points since its beginning of the second quarter to its current level of 1.0%. 

  • Reuters4 days ago

    Petrobras output in Campos drops to lowest level in 17 years

    Oil production by Brazilian state-led Petroleo Brasileiro SA in the Campos basin fell 1.4 percent in June over the previous month to 1.042 million barrels a day, its lowest level since 2001, as mature fields decline, according to company data. Output has dropped 15.8 percent in 12 months due to the ageing of fields off-shore from Rio de Janeiro and Espirito Santo that account for almost half of the crude pumped by Petrobras. Petrobras has looked at creative ways to handle mature fields by either selling them or entering partnerships to boost recovery efforts.

  • Has Short Interest in Shell Fallen ahead of Q2 Earnings?
    Market Realist10 days ago

    Has Short Interest in Shell Fallen ahead of Q2 Earnings?

    Short interest in Royal Dutch Shell (RDS.A), expressed as a percentage of outstanding shares, has fallen from 0.11% on June 6 to the current level of 0.09%. Usually, everything else being equal, a decline in short interest could indicate a decrease in bearish sentiment for a stock. Also, during this period of falling short interest, Shell’s stock price rose 0.5%.

  • Financial Times10 days ago

    [$$] Economic reform risks being the loser in Brazil’s election

    Economist Paulo Guedes has a very simple answer to the question of what to do with Brazil’s giant, politically sensitive state-owned enterprises. , who is leading early polls for presidential elections due in October, includes Petrobras on the liquidation list. “There are no sacred cows,” Mr Guedes said at his beachside office at Bozano Investimentos in Rio de Janeiro.

  • Financial Times10 days ago

    [$$] Brazilian judge acquits BTG Pactual founder Esteves

    A Brazilian judge has acquitted one of Brazil’s most prominent bankers and entrepreneurs, André Esteves, on charges of obstructing justice. The absolution of those accused in the case — which is part of a sweeping investigation known as Car Wash into corruption centred on state-owned oil company Petrobras — is expected to embolden critics of the probe. Mr Esteves was jailed for three weeks in 2015 after his name was mentioned in a wiretap of a secret meeting between a former senator, Delcídio do Amaral Gomez, and Bernardo Cerveró, the son of a suspect in the Petrobras case.

  • Reuters10 days ago

    Brazil's Petrobras names new board member - filing

    Brazilian state-owned oil company Petroleo Brasileiro SA has named a former state development bank executive to fill a vacancy on its board of directors, according to a securities filing on Wednesday. ...

  • Petrobras Takes a Step Closer to Renewable Sources with TOTAL
    Zacks10 days ago

    Petrobras Takes a Step Closer to Renewable Sources with TOTAL

    Per Petrobras (PBR), its partnership with TOTAL dilutes the risks related to Brazil's renewable energy market.

  • Reuters11 days ago

    Petrobras, Total could form JV, bid on power projects -Petrobras executive

    An executive at Brazil's Petroleo Brasileiro SA said the state-run oil company could form a company with France's Total to explore renewable energy business options, adding that the companies could jointly ...

  • Reuters12 days ago

    Petrobras may partner with Total on wind, solar power in Brazil

    State-controlled oil company Petróleo Brasileiro SA has signed a nonbinding agreement with France's Total SA and its renewable energy arm to assess potential businesses in onshore solar and wind power ...

  • Associated Press12 days ago

    Odebrecht settles with 2 Brazil state bodies in graft probe

    SAO PAULO (AP) — Construction conglomerate Odebrecht has signed an agreement with two more Brazilian state bodies to settle cases related to a corruption scheme in which Odebrecht and others formed a de facto cartel to rig bids with state-run oil giant Petrobras and bribe officials.

  • Petrobras & CNPC to Partner for Comperj Refinery Completion
    Zacks12 days ago

    Petrobras & CNPC to Partner for Comperj Refinery Completion

    Petrobras' (PBR) deal with CNPC, if finalized, will provide the latter with its first refining facility in the Americas.

  • Financial Times13 days ago

    [$$] Lula almost released after conflicting court rulings in Brazil

    Brazil’s jailed former president Luiz Inácio Lula da Silva was almost freed on Sunday after an appeals court issued conflicting decisions on his legal status in a move that could raise political risk for the country.

  • Reuters15 days ago

    Brazil's Petrobras lifts restrictions on doing business with Odebrecht

    Brazil's state-run oil company Petróleo Brasileiro SA has lifted restrictions on doing business with certain units of the engineering firm Odebrecht SA, Petrobras said in a securities filing on Friday. Petrobras' board of directors approved the measure at a board meeting on Thursday, the filing said. Odebrecht has been at the center of a major global corruption investigation, involving numerous other firms that paid billions of dollars in bribes to win contracts with Petrobras in the last two decades.

  • Reuters15 days ago

    Brazil court blocks $892.7 mln from SBM related to Petrobras contracts

    A Brazilian federal court ruled that state-run oil company Petroleo Brasileiro SA can subtract $892.7 million it owes in future fees to Dutch group SBM to cover fines and damages it has been ordered to ...

  • Why You Shouldn't Bet Against Petroleo Brasileiro (PBR) Stock
    Zacks17 days ago

    Why You Shouldn't Bet Against Petroleo Brasileiro (PBR) Stock

    Petroleo Brasileiro (PBR) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

  • Reuters17 days ago

    SBM Offshore says Rio court orders Petrobras to withhold payments

    Dutch marine engineering group SBM Offshore (SBMO.AS) said on Thursday a Brazilian court had ordered Petrobras (PETR4.SA) to provisionally withhold some payments to SBM to ensure the Dutch company pays whatever penalties it may receive in a corruption case. SBM shares fell more than 8 percent in early Amsterdam trade, wiping out gains made on Wednesday, when it announced a new floating production vessel contract with Exxon Mobil (XOM.N). SBM said judges at the federal court in Rio de Janeiro asked Petrobras and SBM to submit further information before deciding a monthly amount to withhold from payments for work SBM does as a contractor for Petrobras.

  • Reuters17 days ago

    SBM Offshore says Rio court orders Petrobras to withhold payments

    Dutch marine engineering group SBM Offshore said on Thursday a Brazilian court had ordered Petrobras to provisionally withhold some payments to SBM to ensure the Dutch company pays whatever penalties it may receive in a corruption case. SBM shares fell more than 8 percent in early Amsterdam trade, wiping out gains made on Wednesday, when it announced a new floating production vessel contract with Exxon Mobil . SBM said judges at the federal court in Rio de Janeiro asked Petrobras and SBM to submit further information before deciding a monthly amount to withhold from payments for work SBM does as a contractor for Petrobras.

  • Reuters17 days ago

    Lower house of Brazil's Congress approves transfer of rights bill

    The lower house of Brazil's Congress approved on Wednesday the bill regulating the transfer of rights area. The bill allows state-controlled oil company Petroleo Brasileiro SA to cede to other companies ...

  • Oilprice.com17 days ago

    Oil Tycoon Batista Gets 30 Years In Jail

    Eike Batista, once Brazil’s richest man, has received a thirty year prison sentence for bribing the former government of Rio de Janeiro in order to win contracts to state construction projects

  • China Bails Out Petrobras's $14 Billion Refinery Misadventure
    Bloomberg17 days ago

    China Bails Out Petrobras's $14 Billion Refinery Misadventure

    China National Petroleum Corp plans to help complete a refinery in Rio de Janeiro that already cost Brazil’s state-controlled oil company Petrobras $14 billion before it was halted amid a widespread graft investigation. CNPC, as the Chinese producer is known, signed a letter of intent adding the Comperj refinery to a partnership the two companies signed last year. The agreement also includes evaluating investments in some of Brazil’s largest legacy fields at the offshore Marlim cluster.

  • Reuters17 days ago

    Petrobras-CNPC talks put China closer to first Americas refinery

    Brazil's state-run oil company Petroleo Brasileiro SA and China National Petroleum Corp (CNPC) took another step on Wednesday in negotiations that could give the Chinese their first refining capacity in the Americas. The companies announced in a Brazilian securities filing that they had signed a letter of intent advancing talks for a partnership to finish the Comperj refinery near Rio de Janeiro and a "participation" of CNPC in the offshore Marlim oil field. The joint announcement confirms an April report by Reuters that said the companies were working out a deal involving a CNPC investment at Comperj in exchange for a stake in the offshore Campos Basin and rights to use the refinery.

  • Reuters17 days ago

    Petrobras-CNPC talks put China closer to first Americas refinery

    Brazil's state-run oil company Petroleo Brasileiro SA and China National Petroleum Corp (CNPC) took another step on Wednesday in negotiations that could give the Chinese their first refining capacity in the Americas. The companies announced in a Brazilian securities filing that they had signed a letter of intent advancing talks for a partnership to finish the Comperj refinery near Rio de Janeiro and a "participation" of CNPC in the offshore Marlim oil field. The joint announcement confirms an April report by Reuters that said the companies were working out a deal involving a CNPC investment at Comperj in exchange for a stake in the offshore Campos Basin and rights to use the refinery.