Petrobras S.A. Sponsored ADR (PBR)
Petrobras Extends Contract for Vessel Safe Zephyrus Until 2027
PBR provides Prosafe with a $109.7-million contract extension to accommodate the vessel Safe Zephyrus for another 954 days for its deepwater oil projects.
Is Petroleo Brasileiro (PBR) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Petrobras Faces Arbitration Over Failure to Repair Subsea Pipeline
Seacrest Petroleo accuses PBR of breaching pipeline repair agreements, leading to $71M in claims and ICC arbitration.
Petrobras Raises Jet Fuel Prices by 7% in Response to Market Condition
PBR announces a 7% increase in jet fuel prices from January 2025, addressing rising oil costs and market conditions affecting Brazil's aviation industry.
Petrobras: Expanding Production At Attractive Breakeven Economics
Petrobras is due to increase upstream production at attractive low-cost economics. The 2025 outlook for oil prices shows little scope for pricing-related upside. So volume growth is likely to be the key fundamental driver for the year ahead. Valuations are at an attractive 27% discount vs. peers from a 1-yr fwd EV/EBITDA perspective.
Brazil's Petrobras raises jet fuel prices by around 7% in key markets
Brazilian state-run oil firm Petrobras hiked jet fuel prices for distributors starting on Jan. 1 by around 7% in some key marketing areas, such as Betim, Guarulhos and Duque de Caxias, data on the company's website showed on Thursday.
Wall Street Bulls Look Optimistic About Petrobras (PBR): Should You Buy?
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 and CSN to Build Low-Carbon Hydrogen Plant in Brazil
PBR and CSN aim to decarbonize their operations and reduce emissions by building the new low-carbon hydrogen plant in Parana, Brazil.
Petrobras Stock Is Now Too Undervalued (Rating Upgrade)
I'm upgrading Petrobras (PBR) (PBR.A) to "Buy" due to its undervaluation amid strong production levels and disciplined financial control despite macro and idiosyncratic risks. Brazil's tight monetary policy and fiscal concerns, along with lower refining margins, have pressured PBR's stock, but its fundamentals remain strong. Petrobras' increasing production, high utilization rates, and healthy balance sheet support its ability to maintain high dividends and execute its $111 billion investment plan.
PBR Awards $2.8B Contracts for 12 New PSVs to Bram Offshore & Starnav
Petrobras invests $2.8 billion in 12 new platform supply vessels, focusing on hybrid technology, local jobs and eco-friendly operations.
Petrobras: Massive Dividends And No Lula Problems
Petrobras is a highly profitable oil company with attractive growth projects and a very high dividend yield, making it a compelling investment. The company's new 5-year plan includes $111 billion in investments, expected to generate significant free cash flows and maintain high dividend payouts. Political risks from Brazil's President Lula exist but are not dramatic, with no significant negative impact on Petrobras so far.
Petrobras Cuts $1.1B in Spending on Platform Decommissioning Plans
PBR cuts $1.1 billion from the decommissioning budget of its platforms for 2025-2029, signaling a shift toward platform revitalization.
