Petrobras: Oil Giant With Exceptional Margins Worth The Political Risk
Petrobras offers a compelling investment case due to its industry-leading margins, low breakeven costs, and robust financial health, even in volatile oil markets. Despite higher CAPEX and political risks, Petrobras remains undervalued, with a strong dividend yield and resilient cash flows supporting a Buy rating. The company's state ownership brings both advantages (favorable financing, strategic importance) and risks (political interference, lower valuation), but long-term prospects remain attractive.
Petrobras: When Market Fear Creates Long-Term Value
Petrobras delivered strong earnings, resilient margins, and rising production, yet the market continues to price the stock with distressed multiples far below global peers. Political noise explains the discount, but fundamentals remain solid with double-digit dividend yield, net debt/EBITDA of 1.0x, and one of the most profitable offshore portfolios worldwide. A long-term investment plan of $111B through 2029 consolidates pre-salt leadership while funding energy transition projects, showing Petrobras can balance growth, profitability, and financial discipline.
Petrobras Initiates Emergency Drill in Foz Do Amazonas Basin
PBR launches a major emergency drill in the Foz do Amazonas basin, a final step before seeking Ibama's drilling approval.
PBR Charters DOF Group's Construction Vessel for Offshore Operations
Petrobras secures DOF Group's Skandi Salvador on a $165M four-year charter, boosting subsea capacity, with delivery set for December.
Petrobras' Buzios Oil Field Reaches Record Production Milestone
PBR hits a production record at its Buzios oil field, surpassing 900,000 barrels per day as new wells and platforms drive output growth.
Petrobras (PBR) Upgraded to Strong Buy: Here's What You Should Know
Petrobras (PBR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Wall Street Analysts See Petrobras (PBR) as a Buy: Should You Invest?
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 Raises Alarm Over Brazil's New Reference Oil Price Policy
PBR warns that Brazil's revised oil price benchmark may impact post-salt and onshore projects despite boosting government revenues.
Petrobras May Sideline Sugarcane in Favor of Corn Ethanol
PBR shifts ethanol strategy toward corn, eyeing partnerships to tap Brazil's growing northern output.
Petrobras Q2 Earnings Miss on Oil Price Drop, Production Grows
PBR posts lower Q2 earnings on weaker oil prices despite higher production, while boosting dividends and investments.
Petrobras: Financial Strength Intact Despite No Extra Dividends
Petrobras continues to deliver strong cash flow and production growth, especially from Brazil's pre-salt assets, despite a challenging oil price environment. The company is investing heavily in new FPSOs and expects production to exceed targets, supporting future cash flow and shareholder returns. Petrobras maintains a high single-digit dividend yield, targeting 45% of free cash flow for shareholder returns, even with substantial capex commitments.
Petróleo Brasileiro S.A. - Petrobras (PBR) Q2 2025 Earnings Call Transcript
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR ) Q2 2025 Earnings Conference Call August 8, 2025 10:15 AM ET Company Participants Eduardo de Nardi Ros - Corporate Participant Fernando Sabbi Melgarejo - Chief Financial Officer & Investor Relations Officer Magda Maria de Regina Chambriard - CEO & Non-Independent Director Renata Baruzzi - Chief Engineering, Technology, & Innovation Officer Sylvia Maria Couto dos Anjos - Chief Exploration & Production Officer Conference Call Participants Bruno Montanari - Morgan Stanley, Research Division Gabriel Coelho Barra - Citigroup Inc., Research Division Lilyanna Yang - HSBC Global Investment Research Luiz Felipe Carvalho - Banco BTG Pactual S.A.
