From a technical perspective, Petrobras (PBR) is looking like an interesting pick, as it just reached a key level of support. PBR recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
In the closing of the recent trading day, Petrobras (PBR) stood at $15.29, denoting a +1.8% move from the preceding trading day.
Petrobras (PBR) closed the most recent trading day at $15.02, moving 1.12% from the previous trading session.
In the most recent trading session, Petrobras (PBR) closed at $15.26, indicating a +2.62% shift from the previous trading day.
PBR and TotalEnergies' offshore stake acquisition deal remains unrecognized by Namibia until mandatory approvals are secured under local petroleum laws.
Namibia is concerned that TotalEnergies and Petrobras had acquired new offshore positions in the Luderitz Basin without informing the energy ministry or getting the necessary approval, it said in a statement on Sunday.
Petrobras is my top pick for 2026, upgraded from hold to buy, driven by macro, sector, and company-specific catalysts. PBR trades at a significant valuation discount to global peers, despite superior margins, returns, and double-digit dividend yields. Potential new oil discoveries at the Amazon River mouth could replicate the transformative impact of past pre-salt finds.
In the closing of the recent trading day, Petrobras (PBR) stood at $15.28, denoting a +1.66% move from the preceding trading day.
Petrobras (PBR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the most recent trading session, Petrobras (PBR) closed at $15.39, indicating a +2.43% shift from the previous trading day.
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?
Petrobras (PBR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.