PBR Chart
About

Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. It operates through three segments: Exploration and Production; Refining, Transportation & Marketing; and Gas & Low Carbon Energies. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, acquisition, and export of crude oil; trading of oil products; and production of fertilizers, as well as holding interests in petrochemical companies. The Gas and Low Carbon Energies segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of liquefied natural gas; generation of electricity through thermoelectric power plants; renewable energy business; low carbon business; and natural gas processing business, as well as production of biodiesel and its co-products. The company also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. In addition, it engages in the research, development, production, transportation, distribution, and trading of energy. The company was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.

Fundamentals
Scroll to Statements
Sector Energy Industry Oil & Gas Integrated Market Cap 107.04B
Enterprise Value 529.29B Income 77.52B Sales 491.45B
Book/sh 6.34 Cash/sh 4.81 Dividend Yield 10.20%
Payout 84.76% Employees 41778 IPO —
P/E 7.69 Forward P/E 6.80 PEG —
P/S 0.22 P/B 2.62 P/C —
EV/EBITDA 2.77 EV/Sales 1.08 Quick Ratio 0.52
Current Ratio 0.82 Debt/Eq 88.50 LT Debt/Eq —
EPS (ttm) 2.16 EPS next Y 2.44 EPS Growth 0.50%
Revenue Growth -1.30% Earnings 2026-03-05 ROA 7.92%
ROE 19.02% ROIC — Gross Margin 48.15%
Oper. Margin 36.22% Profit Margin 15.77% Shs Outstand 3.72B
Shs Float 8.11B Short Float — Short Ratio 1.45
Short Interest — 52W High 16.62 52W Low 11.03
Beta 0.14 Avg Volume 21.43M Volume 7.90M
Target Price $15.60 Recom Buy Prev Close $16.54
Price $16.61 Change 0.42%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$15.60
Mean price target
2. Current target
$16.61
Latest analyst target
3. DCF / Fair value
$392.75
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$16.61
Low
$13.00
High
$17.50
Mean
$15.60

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-11 main Goldman Sachs Buy → Buy $15
2026-01-14 main UBS Buy → Buy $15
2025-08-22 main UBS Buy → Buy $14
2025-05-15 up Jefferies Hold → Buy $15
2025-04-22 main UBS Buy → Buy $16
2024-11-12 main Goldman Sachs Buy → Buy $17
2024-09-25 up JP Morgan Neutral → Overweight $19
2024-09-18 main B of A Securities Buy → Buy $19
2024-08-26 up Morgan Stanley Equal-Weight → Overweight $20
2024-08-19 main UBS Buy → Buy $18
2024-08-13 main Goldman Sachs Buy → Buy $17
2024-06-27 up B of A Securities Neutral → Buy $18
2024-05-15 down Jefferies Buy → Hold $18
2024-03-25 main UBS Buy → Buy $17
2024-03-25 up HSBC Hold → Buy $18
2024-03-12 main Goldman Sachs Buy → Buy $18
2024-03-08 down B of A Securities Buy → Neutral $16
2023-09-21 init Jefferies — → Buy $21
2023-09-08 up Bradesco Corretora Neutral → Outperform $15
2023-08-24 up UBS Neutral → Buy $18
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-3.60B-356.92M-711.14M-581.47M
TaxRateForCalcs0.320.290.310.29
NormalizedEBITDA38.81B53.51B72.20B46.89B
TotalUnusualItems-11.35B-1.21B-2.27B-1.99B
TotalUnusualItemsExcludingGoodwill-11.35B-1.21B-2.27B-1.99B
NetIncomeFromContinuingOperationNetMinorityInterest7.53B24.88B36.62B19.88B
ReconciledDepreciation12.48B13.28B13.22B11.70B
ReconciledCostOfRevenue33.78B35.89B47.16B32.16B
EBITDA27.46B52.29B69.93B44.90B
EBIT14.98B39.01B56.72B33.20B
NetInterestIncome-3.73B-3.41B-2.83B-4.64B
InterestExpense3.84B3.62B3.19B4.98B
InterestIncome673.00M2.82B
NormalizedIncome15.28B25.74B38.18B21.29B
NetIncomeFromContinuingAndDiscontinuedOperation7.53B24.88B36.62B19.88B
TotalExpenses65.72B62.94B71.21B52.97B
RentExpenseSupplemental4.58B4.73B4.35B3.80B
DilutedAverageShares6.44B6.51B6.52B6.52B
BasicAverageShares6.44B6.51B6.52B6.52B
DilutedEPS1.173.825.623.04
BasicEPS1.173.825.623.04
DilutedNIAvailtoComStockholders7.53B24.88B36.62B19.88B
NetIncomeCommonStockholders7.53B24.88B36.62B19.88B
NetIncome7.53B24.88B36.62B19.88B
MinorityInterests-77.00M-111.00M-132.00M-111.00M
NetIncomeIncludingNoncontrollingInterests7.61B25.00B36.76B19.99B
NetIncomeDiscontinuousOperations0.00
NetIncomeContinuousOperations7.61B25.00B36.76B19.99B
TaxProvision3.54B10.40B16.77B8.24B
PretaxIncome11.14B35.40B53.52B28.23B
OtherIncomeExpense-10.82B-667.00M3.09B1.87B
OtherNonOperatingIncomeExpenses1.15B851.00M5.11B2.25B
SpecialIncomeCharges-1.97B-1.86B-917.00M4.93B
GainOnSaleOfPPE228.00M1.29B1.14B1.94B
GainOnSaleOfBusiness-41.00M
OtherSpecialCharges666.00M477.00M746.00M204.00M
WriteOff1.53B2.68B1.31B-3.19B
ImpairmentOfCapitalAssets1.16B-3.19B
RestructuringAndMergernAcquisition-284.00M-4.29B-11.00M
EarningsFromEquityInterest-627.00M-304.00M251.00M1.61B
GainOnSaleOfSecurity-9.38B648.00M-1.35B-6.92B
NetNonOperatingInterestIncomeExpense-3.73B-3.41B-2.83B-4.64B
TotalOtherFinanceCost-116.00M-206.00M-363.00M-333.00M
InterestExpenseNonOperating3.84B3.62B3.19B4.98B
InterestIncomeNonOperating673.00M2.82B
OperatingIncome25.69B39.47B53.27B31.00B
OperatingExpense20.28B14.50B11.72B9.80B
OtherOperatingExpenses3.56B2.05B791.00M522.00M
OtherTaxes3.21B686.00M353.00M-112.00M
ProvisionForDoubtfulAccounts258.00M40.00M55.00M-12.00M
DepreciationAmortizationDepletionIncomeStatement816.00M732.00M894.00M696.00M
ResearchAndDevelopment789.00M726.00M792.00M563.00M
SellingGeneralAndAdministration9.03B8.06B7.00B6.78B
SellingAndMarketingExpense20.85B21.08B4.23B
GeneralAndAdministrativeExpense9.03B8.06B7.00B6.78B
OtherGandA362.00M256.00M
RentAndLandingFees4.58B4.73B4.35B3.80B
SalariesAndWages4.46B3.33B2.65B2.98B
GrossProfit45.97B53.97B64.99B40.80B
CostOfRevenue45.44B48.44B59.49B43.16B
TotalRevenue91.42B102.41B124.47B83.97B
OperatingRevenue91.42B102.41B124.47B83.97B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber155.76M104.36M295.67K295.67K
PreferredSharesNumber5.60B
OrdinarySharesNumber12.89B12.94B13.04B13.04B
ShareIssued13.04B13.04B13.04B13.04B
NetDebt19.89B16.07B21.96B25.23B
TotalDebt60.31B62.60B53.80B58.74B
TangibleBookValue56.85B75.54B66.51B66.38B
InvestedCapital82.27B107.38B99.45B105.11B
WorkingCapital-9.62B-1.42B-130.00M5.97B
NetTangibleAssets56.85B75.54B66.51B66.38B
CapitalLeaseObligations37.15B33.80B23.84B23.04B
CommonStockEquity59.11B78.58B69.49B69.41B
TotalCapitalization79.70B103.06B95.87B101.47B
TotalEquityGrossMinorityInterest59.35B78.97B69.84B69.81B
MinorityInterest244.00M392.00M344.00M405.00M
StockholdersEquity59.11B78.58B69.49B69.41B
GainsLossesNotAffectingRetainedEarnings-47.99B-28.52B-37.61B-37.69B
OtherEquityAdjustments-47.99B-28.52B-37.61B-37.69B
CapitalStock107.10B107.10B107.10B107.10B
CommonStock107.10B107.10B107.10B107.10B
TotalLiabilitiesNetMinorityInterest122.30B138.09B117.36B104.54B
TotalNonCurrentLiabilitiesNetMinorityInterest90.83B104.23B85.97B80.36B
OtherNonCurrentLiabilities1.62B1.89B1.97B2.15B
EmployeeBenefits10.67B15.58B10.68B9.37B
NonCurrentPensionAndOtherPostretirementBenefitPlans9.37B
TradeandOtherPayablesNonCurrent530.00M299.00M302.00M300.00M
NonCurrentDeferredLiabilities1.47B10.91B6.75B1.23B
NonCurrentDeferredTaxesLiabilities1.47B10.91B6.75B1.23B
LongTermDebtAndCapitalLeaseObligation49.20B51.08B44.67B49.67B
LongTermCapitalLeaseObligation28.61B26.60B18.29B17.61B
LongTermDebt20.60B24.48B26.38B32.06B
LongTermProvisions27.34B24.48B21.61B17.64B
CurrentLiabilities31.46B33.86B31.38B24.18B
OtherCurrentLiabilities2.92B3.56B4.47B2.74B
CurrentDebtAndCapitalLeaseObligation11.11B11.52B9.13B9.07B
CurrentCapitalLeaseObligation8.54B7.20B5.56B5.43B
CurrentDebt2.57B4.32B3.58B3.64B
OtherCurrentBorrowings2.57B4.32B3.58B3.64B
PensionandOtherPostRetirementBenefitPlansCurrent2.31B2.93B2.21B2.14B
CurrentProvisions1.70B2.03B
PayablesAndAccruedExpenses13.42B13.82B15.57B10.22B
Payables13.42B13.82B15.57B10.22B
DividendsPayable2.66B3.54B4.17B0.00
TotalTaxPayable4.68B5.47B5.93B4.73B
IncomeTaxPayable1.40B1.30B2.88B733.00M
AccountsPayable6.08B4.81B5.46B5.48B
TotalAssets181.65B217.07B187.19B174.35B
TotalNonCurrentAssets159.81B184.62B155.94B144.20B
OtherNonCurrentAssets14.25B17.06B12.61B8.53B
NonCurrentDeferredAssets922.00M965.00M832.00M604.00M
NonCurrentDeferredTaxesAssets922.00M965.00M832.00M604.00M
NonCurrentAccountsReceivable4.86B6.36B6.22B5.16B
InvestmentsAndAdvances1.24B3.77B3.13B1.55B
OtherInvestments3.00M4.00M4.00M3.00M
InvestmentinFinancialAssets582.00M2.41B1.56B44.00M
AvailableForSaleSecurities2.41B1.56B44.00M
FinancialAssetsDesignatedasFairValueThroughProfitorLossTotal582.00M2.41B
LongTermEquityInvestment656.00M1.35B1.56B1.51B
InvestmentsinJointVenturesatCost481.00M481.00M546.00M509.00M
InvestmentsinAssociatesatCost175.00M873.00M1.02B998.00M
GoodwillAndOtherIntangibleAssets2.25B3.04B2.99B3.02B
OtherIntangibleAssets2.23B3.02B2.96B3.00B
Goodwill20.00M25.00M24.00M22.00M
NetPPE136.28B153.42B130.17B125.33B
AccumulatedDepreciation-104.62B-120.49B-100.79B-91.08B
GrossPPE240.90B273.91B230.96B216.41B
Leases2.34B2.97B2.28B1.75B
ConstructionInProgress30.32B31.47B23.94B25.95B
OtherProperties119.45B142.03B118.03B111.45B
MachineryFurnitureEquipment17.54B18.00B14.79B11.27B
LandAndImprovements3.90B4.63B4.34B4.08B
CurrentAssets21.84B32.45B31.25B30.15B
OtherCurrentAssets1.55B1.57B1.78B1.57B
AssetsHeldForSaleCurrent510.00M335.00M3.61B2.49B
Inventory6.71B7.68B8.78B7.25B
FinishedGoods5.35B6.30B7.76B6.45B
RawMaterials1.36B1.38B1.02B804.00M
Receivables5.53B7.31B6.32B7.71B
TaxesReceivable1.97B1.18B1.31B1.35B
AccountsReceivable3.57B6.13B5.01B6.37B
CashCashEquivalentsAndShortTermInvestments7.53B15.55B10.77B11.12B
OtherShortTermInvestments4.26B2.82B2.77B650.00M
CashAndCashEquivalents3.27B12.73B8.00B10.47B
CashEquivalents3.13B12.62B7.78B10.17B
CashFinancial136.00M103.00M216.00M299.00M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow23.34B31.10B40.14B31.47B
RepurchaseOfCapitalStock-380.00M-735.00M0.000.00
RepaymentOfDebt-14.43B-10.48B-14.76B-27.24B
IssuanceOfDebt2.13B2.21B2.88B1.89B
CapitalExpenditure-14.64B-12.11B-9.58B-6.33B
EndCashPosition3.27B12.73B8.00B10.48B
BeginningCashPosition12.73B8.00B10.48B11.72B
EffectOfExchangeRateChanges-983.00M174.00M-316.00M-402.00M
ChangesInCash-8.47B4.56B-2.17B-843.00M
FinancingCashFlow-33.09B-30.70B-51.45B-40.79B
CashFromDiscontinuedFinancingActivities0.00
CashFlowFromContinuingFinancingActivities-33.09B-30.70B-51.45B-40.79B
NetOtherFinancingCharges-161.00M-48.00M-18.00M-129.00M
InterestPaidCFF-1.92B-1.98B-1.85B-2.23B
CashDividendsPaid-18.33B-19.67B-37.70B-13.08B
NetCommonStockIssuance-380.00M-735.00M0.000.00
CommonStockPayments-380.00M-735.00M0.000.00
NetIssuancePaymentsOfDebt-12.30B-8.27B-11.88B-25.36B
NetLongTermDebtIssuance-12.30B-8.27B-11.88B-25.36B
LongTermDebtPayments-14.43B-10.48B-14.76B-27.24B
LongTermDebtIssuance2.13B2.21B2.88B1.89B
InvestingCashFlow-13.37B-7.96B-432.00M2.16B
CashFromDiscontinuedInvestingActivities0.00
CashFlowFromContinuingInvestingActivities-13.37B-7.96B-432.00M2.16B
NetOtherInvestingChanges1.26B4.00B12.13B7.72B
DividendsReceivedCFI146.00M88.00M374.00M781.00M
NetInvestmentPurchaseAndSale-109.00M98.00M-3.33B4.00M
SaleOfInvestment98.00M4.00M
PurchaseOfInvestment-109.00M-3.33B
NetBusinessPurchaseAndSale-22.00M-24.00M-27.00M-24.00M
PurchaseOfBusiness-22.00M-24.00M-27.00M-24.00M
NetPPEPurchaseAndSale-14.64B-12.11B-9.58B-6.33B
PurchaseOfPPE-14.64B-12.11B-9.58B-6.33B
OperatingCashFlow37.98B43.21B49.72B37.79B
CashFromDiscontinuedOperatingActivities0.00
CashFlowFromContinuingOperatingActivities37.98B43.21B49.72B37.79B
TaxesRefundPaid-6.91B-10.03B-11.52B-2.14B
ChangeInWorkingCapital-3.67B-3.77B-9.17B-5.48B
ChangeInOtherWorkingCapital-2.30B-3.79B-5.00B-5.07B
ChangeInOtherCurrentLiabilities-737.00M-569.00M-95.00M376.00M
ChangeInOtherCurrentAssets-165.00M324.00M-413.00M-289.00M
ChangeInPayablesAndAccruedExpense-2.00B-1.39B-2.80B3.91B
ChangeInPayable-2.00B-1.39B-2.80B3.91B
ChangeInAccountPayable986.00M-954.00M-359.00M1.07B
ChangeInTaxPayable-2.99B-431.00M-2.44B2.83B
ChangeInIncomeTaxPayable-2.99B-431.00M-2.44B2.83B
ChangeInInventory-295.00M1.56B-1.22B-2.33B
ChangeInReceivables1.82B88.00M355.00M-2.08B
OtherNonCashItems3.97B2.15B-2.81B61.00M
ProvisionandWriteOffofAssets260.00M40.00M65.00M-30.00M
AssetImpairmentCharge1.97B3.09B2.02B-2.94B
DeferredTax3.54B10.40B16.77B7.25B
DeferredIncomeTax3.54B10.40B16.77B7.25B
DepreciationAmortizationDepletion12.48B13.28B13.22B11.70B
DepreciationAndAmortization12.48B13.28B13.22B11.70B
AmortizationCashFlow134.00M104.00M77.00M60.00M
AmortizationOfIntangibles134.00M104.00M77.00M60.00M
Depreciation12.35B13.18B13.14B11.63B
OperatingGainsLosses18.74B3.05B4.39B9.39B
PensionAndEmployeeBenefitExpense2.93B1.54B1.23B2.10B
EarningsLossesFromEquityInvestments627.00M304.00M-251.00M-1.61B
NetForeignCurrencyExchangeGainLoss15.41B2.50B4.56B10.79B
NetIncomeFromContinuingOperations7.61B25.00B36.76B19.99B
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for PBR
Date User Asset Broker Type Position Size Entry Price Patterns