In the closing of the recent trading day, Petrobras (PBR) stood at $11.32, denoting a +0.18% change from the preceding trading day.
As PBR gears up to report Q1 earnings on May 12, let's find out how the expectations stack up. Also, know how to play the stock ahead of results.
Petrobras offers a massive dividend yield and trades at an undemanding valuation. The company's recent loss was due to one-time accounting items, not poor performance, with strong underlying results and cash generation. Petrobras' dividend payments are irregular but substantial, offering a high yield even if reduced, supported by strong free cash flow.
Petrobras (PBR) closed at $11.35 in the latest trading session, marking a +0.53% move from the prior day.
Petrobras (PBR) concluded the recent trading session at $11.29, signifying a -2% move from its prior day's close.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
In the closing of the recent trading day, Petrobras (PBR) stood at $11.42, denoting a -0.44% change from the preceding trading day.
In the most recent trading session, Petrobras (PBR) closed at $11.49, indicating a -0.17% shift from the previous trading day.
According to Petrobras, the Arabia I jack-up rig has arrived in Brazil on April 13, 2025, and is on its way to the Guaricema field to commence well decommissioning tasks.
Both Petrobras and Suncor Energy align well with Ray Dalio's investing principles, offering geographical diversification and commodity exposure amidst U.S.-China trade tensions. PBR and SU are less sensitive to the U.S.-China trade conflict (than say US or Chinese companies) and could potentially even benefit from U.S.-China tariff conflicts. Both companies have significantly reduced debt, improved their financial strength, and enhanced their capital allocation flexibility in recent years.
PBR's long-dragged environmental hurdle compels the Brazilian oil regulator to open 172 oil blocks for bidding.
One of PBR's brightest spots is its robust production outlook.