PBR - Petróleo Brasileiro S.A. - Petrobras

NYSE - NYSE Delayed Price. Currency in USD
13.63
+0.02 (+0.15%)
At close: 4:02PM EST

13.58 -0.05 (-0.39%)
After hours: 4:26PM EST

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Previous Close13.61
Open13.50
Bid13.47 x 38500
Ask13.64 x 900
Day's Range13.47 - 13.69
52 Week Range9.02 - 17.20
Volume12,964,320
Avg. Volume28,550,164
Market Cap85.651B
Beta (3Y Monthly)1.01
PE Ratio (TTM)18.57
EPS (TTM)0.73
Earnings DateN/A
Forward Dividend & Yield0.08 (0.56%)
Ex-Dividend Date2018-11-23
1y Target Est16.56
Trade prices are not sourced from all markets
  • Vitol, rival oil traders in spotlight of Brazil bribery probe
    Reuters4 hours ago

    Vitol, rival oil traders in spotlight of Brazil bribery probe

    SAO PAULO/LONDON (Reuters) - Brazil's epic "Car Wash" corruption investigation has taken down presidents and elite businessmen, and led to the largest corporate leniency deal ever signed. Federal prosecutors allege the European multinationals and some smaller players collectively paid at least $31 million in bribes over a six-year period to employees at Brazil's state-led oil company Petrobras to sell them oil at sweetheart prices.

  • Why Did Shell’s Short Interest Rise?
    Market Realist6 hours ago

    Why Did Shell’s Short Interest Rise?

    In the previous part, we reviewed the changes in the institutional holdings in Royal Dutch Shell (RDS.A). In this part, we’ll discuss the changes in Shell’s short interest.

  • GlobeNewswireyesterday

    ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Petróleo Brasileiro S.A. – Petrobras and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Petróleo Brasileiro S.A. – Petrobras (“Petrobras” or “the Company”) (NYSE: PBR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Reuters reported on December 5, 2018, that trading firms including Glencore have been accused by Brazilian prosecutors of paying more than $30 million in bribes to employees of Petrobras, a graft scheme that prosecutors believe may still be ongoing. In exchange for these bribes, Petrobras employees are alleged to have offered the traders better prices for oil and related commodities and services.

  • Reutersyesterday

    Brazil reaches deal with Petrobras over transfer of rights area

    The Brazilian government has reached an agreement with state-controlled oil company Petróleo Brasileiro SA over the so-called transfer of rights area, Finance Minister Eduardo Guardia said on Wednesday. ...

  • Is Petroleo Brasileiro S.A. – Petrobras (PBR) A Good Stock To Buy?
    Insider Monkeyyesterday

    Is Petroleo Brasileiro S.A. – Petrobras (PBR) A Good Stock To Buy?

    Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]

  • Oil & Gas Stock Roundup: Chevron's Capex Boost, Schlumberger's Revenue Warning & More
    Zacks2 days ago

    Oil & Gas Stock Roundup: Chevron's Capex Boost, Schlumberger's Revenue Warning & More

    Chevron (CVX) set its investment budget for 2019 at $20 billion, while Schlumberger (SLB) warned of weakness in the North American hydraulic fracturing market.

  • Business Wire2 days ago

    Glancy Prongay & Murray LLP Announces Investigation on Behalf of Petróleo Brasileiro S.A. Investors (PBR)

    Glancy Prongay & Murray LLP  announces an investigation on behalf of Petróleo Brasileiro S.A. investors concerning the Company and its officers’ possible violations of federal securities laws.

  • InvestorPlace3 days ago

    7 Emerging Market Stocks to Buy on This Dip

    The temporary truce between the United States and China managed to give the market fewer uncertainties, at least temporarily. When the two trading giants met at the G20 gathering and agreed not to raises taxes, investors were able to rest easier for emerging market stocks. Baozun (NASDAQ:BZUN) reported third-quarter revenue of $161.7 million, solidly beating expectations.

  • Reuters3 days ago

    Brazil's Petrobras enters non-binding phase of onshore cluster sale

    Brazilian state-run oil firm Petroleo Brasileiro SA has entered into the non-binding phase of the sale of an onshore oil cluster located in the state of Espírito Santo, it said on Monday. Petrobras, as the company is commonly known, has a 100 percent stake in the Lagoa Parda, Lagoa Parda Norte, and Lagoa Piabanha fields, collectively known as the Lagoa Parda Cluster. A minor asset, Petrobras said the cluster's average production in 2017 was approximately 266 barrels of oil per day.

  • Reuters6 days ago

    Brazil’s Petrobras nears terms over TAG pipeline sale

    Brazil’s state-controlled oil company Petróleo Brasileiro could present a new sale and purchase agreement (SPA) before the end of December for the sale of the Transportadora Associada de Gás (TAG) pipeline, after a Brazilian Supreme Court injunction in July stalled the sale. The sale of TAG, which operates natural gas pipelines in Brazil’s north and northeast, could fetch Petrobras as much as US$7bn, in one of the company’s largest-ever asset sales, three sources familiar with the process said.

  • Business Wire6 days ago

    INVESTIGATION ALERT NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Petróleo Brasileiro S.A. – Petrobras and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Petróleo Brasileiro S.A. – Petrobras (“Petrobras” or “the Company”) (NYSE: PBR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

  • PR Newswire7 days ago

    Petrobras Announces Commencement Of Cash Tender Offers

    The consummation of the Tender Offers with respect to a Tender Group is not conditioned on the consummation of the Tender Offers with respect to the other Tender Group. Each Tender Offer is independent of the other Tender Offers, and PGF may, subject to applicable law, withdraw or modify any Tender Offer without withdrawing or modifying other Tender Offers.

  • Business Wire7 days ago

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Petróleo Brasileiro S.A. Investors (PBR)

    Law Offices of Howard G. Smith announces an investigation on behalf of Petróleo Brasileiro S.A. investors concerning the Company and its officers’ possible violations of federal securities laws.

  • Business Wire7 days ago

    INVESTIGATION ALERT REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Petróleo Brasileiro S.A. – Petrobras and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Petróleo Brasileiro S.A. – Petrobras (“Petrobras” or “the Company”) (NYSE: PBR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

  • GlobeNewswire7 days ago

    SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Petróleo Brasileiro S.A. – Petrobras (PBR)

    Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Petróleo Brasileiro S.A. – Petrobras ("Petrobras" or the “Company") (PBR). The investigation concerns whether Petrobras and certain of its officers and/or directors have violated federal securities laws. On December 5, 2018, Reuters published an article how Glencore and other trading firms paid $30+ million in bribes to Petrobras employees in a possibly ongoing scheme.

  • Business Wire7 days ago

    EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Petróleo Brasileiro S.A. – Petrobras – PBR

    Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Petróleo Brasileiro S.A. – Petrobras resulting from allegations that Petrobras may have issued materially misleading business information to the investing public.

  • Why Chevron’s Short Interest Has Fallen
    Market Realist7 days ago

    Why Chevron’s Short Interest Has Fallen

    Since October 1, short interest (the percentage of outstanding shares) in Chevron (CVX) has fallen marginally, from 0.92% to 0.91%. A fall in short interest usually indicates a rise in positive sentiment toward a stock. However, during the same period, Chevron’s stock price has fallen by 3.0%.

  • Petrobras Ups Investment, Divestment Goals in New 5-Year Plan
    Zacks7 days ago

    Petrobras Ups Investment, Divestment Goals in New 5-Year Plan

    Petrobras (PBR) intends to invest $84.1 billion between 2019 and 2023, representing nearly 13% increase from its estimated investment of $74.5 billion through 2018-2022.

  • Reuters7 days ago

    Brazil's Bolsonaro likely to revise Petrobras' investment plan

    Brazil's right-wing President-elect Jair Bolsonaro is likely to revise the just-announced investment plans of state-controlled oil company Petroleo Brasileiro SA, newspaper O Estado de S. Paulo reported ...

  • Reuters8 days ago

    PRESS DIGEST- Financial Times - Dec 6

    The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Terry Morgan resigns from Crossrail and HS2 https://on.ft.com/2Ef8CPT ...

  • World's biggest oil traders paid bribes in Brazil scandal -prosecutors
    Reuters8 days ago

    World's biggest oil traders paid bribes in Brazil scandal -prosecutors

    RIO DE JANEIRO/SAO PAULO (Reuters) - Leading global oil traders Vitol [VITOLV.UL], Trafigura [TRAFGF.UL] and Glencore paid more than $30 million in bribes to employees at state-owned Brazilian company Petrobras in a scheme that may still be going on, prosecutors said on Wednesday. Top executives of the international companies had "total and unequivocal" knowledge of the graft involving Petroleo Brasileiro SA, known as Petrobras, investigators said at a news conference. The bribes took place between 2011 and 2014, investigators said.

  • Reuters8 days ago

    Brazil's Petrobras fires employee accused of corruption in trading

    Brazil's state-controlled oil company Petroleo Brasileiro said on Wednesday it had fired a Houston-based employee accused of participating in a corruption scheme involving bribes allegedly paid by trading ...

  • Petrobras unveils plan to boost asset sales, deepwater investment
    Reuters8 days ago

    Petrobras unveils plan to boost asset sales, deepwater investment

    SAO PAULO/RIO DE JANEIRO (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA (PETR4.SA) plans to raise some $26.9 billion via asset sales and partnerships by 2023 while boosting investments on the front edge of an anticipated production boom in Brazil. Petrobras intends to make $84.1 billion in investments from 2019 to 2023, above the $74.5 billion forecast in its 2018 to 2022 plan, it said in a five-year investment program unveiled on Wednesday morning. The firm also moderately cut its oil production forecast, but still forecast production to increase by 10 percent next year, and then 5 percent every year through 2023.

  • The Wall Street Journal8 days ago

    [$$] Brazil's Car Wash Probe Eyes Glencore, Vitol, Trafigura

    Glencore and oil trader Vitol, both based in Switzerland, and Singaporean oil trader Trafigura are suspected of paying a total of about $15 million in bribes, and other trading companies also under investigation are suspected of paying a similar amount, prosecutors said Wednesday. Spokespeople for Glencore and Trafigura declined to comment.

  • Reuters8 days ago

    Petrobras plans to raise $26.9 billion with asset sales, partnering

    SAO PAULO/RIO DE JANEIRO (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA plans to raise some $26.9 billion via asset sales and partnerships by 2023 while boosting investments on the front edge of an anticipated production boom in Brazil. Petrobras intends to make $84.1 billion in investments from 2019 to 2023, above the $74.5 billion forecast in its 2018 to 2022 plan, it said in a five-year investment program unveiled on Wednesday morning. Petrobras is trying to stay the course on efforts to reduce one of the heftiest debt loads among oil companies worldwide - $88 billion in gross debt - through divestments and an investment focus on Brazil's coveted offshore pre-salt area.