PBR signs offshore decommissioning pact with Saipem as Brazil expands infrastructure retirement and well abandonment projects.
PBR refineries top 100% capacity in April and May, driving record fuel output as it boosts Brazil's energy independence.
Petroleo Brasileiro S.A.- Petrobras NYSE: PBR reported higher production, stronger refinery utilization and continued investment in upstream projects during the first quarter of 2026, while executives said the company is monitoring fuel-price volatility and prioritizing capital discipline.
Petróleo Brasileiro S.A. - Petrobras (PBR) Q1 2026 Earnings Call Transcript
Petrobras posts a Q1 EPS miss and revenue shortfall versus consensus, despite higher year-over-year sales, strong upstream cash generation and a sharp improvement in downstream profitability.
Petrobras (PBR) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Petrobras (PBR) reached $20.91 at the closing of the latest trading day, reflecting a -3.95% change compared to its last close.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
As PBR gears up to report first-quarter earnings on May 11, let's find out how the expectations stack up. Also, know how to play the stock ahead of results.
Brazilian state-run oil company Petrobras has hiked the price of natural gas sold to distributors by 19.2% starting May 1, it said on Saturday, marking the latest in a series of energy price increases related to the U.S.-Israeli war on Iran.
Petrobras (PBR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The latest trading day saw Petrobras (PBR) settling at $21.85, representing a +2.92% change from its previous close.