Brazilian state-run oil company Petrobras plans to hold an auction to sell 20 million liters of diesel in the southern Rio Grande do Sul state amid reports of shortages, sources familiar with the issue told Reuters on Tuesday.
PBR posts Q4 earnings beat as higher oil and gas output and stronger downstream results lift profit and revenue despite lower crude prices.
PBR is accelerating production growth in the Buzios field by speeding up ramp-ups from new platforms while managing reservoir decline.
PBR's investment thesis is anchored by discounted valuations, low capex breakeven costs, growing production capacity, and elevated Brent prices driving robust upstream tailwinds entering FQ1'26. Despite the outsized rally and debt risks from higher capex, PBR remains undervalued on EV/proven reserves basis while offering a rich forward dividend yield of 6.3%. This is also with the possibility that PBR may generate a richer FQ1'26 Free Cash Flow, with it presenting tailwinds to their variable income investment thesis.
Petróleo Brasileiro S.A. - Petrobras (PBR) Q4 2025 Earnings Call Transcript
Petróleo Brasileiro S.A. - Petrobras is upgraded to Buy due to extreme valuation asymmetry and potential upside from higher oil prices, despite persistent political risk. PBR trades at a single-digit P/E, far below global oil majors like XOM and CVX, with a free cash flow yield that could reach 23% in a bullish oil scenario. Low lifting costs (~$6.5/bbl) and operational leverage position PBR for outsized margin expansion if oil prices spike, especially via exports.
PBR receives ANP approval to import up to 180 million cubic meters of natural gas per year from Argentina's Vaca Muerta shale.
PBR gears up for fourth-quarter results as pre-salt output hits 3,109 MBOE/d, but refining outages and weaker fuel production may weigh on margins.
Recently, Zacks.com users have been paying close attention to Petrobras (PBR). This makes it worthwhile to examine what the stock has in store.
In the closing of the recent trading day, Petrobras (PBR) stood at $16.54, denoting a +2.48% move from the preceding trading day.
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.