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Friday, September 29, 2023

Is Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Petroleo Brasileiro S.A. – Petrobras (PBR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.13%, to $15.22. The Petroleo Brasileiro S.A. – Petrobras has recorded 598,825 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Nauticus is Contracted by Petrobras to Develop and Test the AUV Aquanaut in Brazil.

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Stocks Info

PBR belongs to the Energy sector of the NYSE while operating in the Oil & Gas Integrated industry. The current market capitalization of Petroleo Brasileiro S.A. – Petrobras is $96.26B. A total of 15.54 million shares were traded on the day, compared to an average of 20.90M shares.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Petroleo Brasileiro S.A. – Petrobras pays an annual dividend of $3.48, resulting in a dividend yield of 22.86%, and it has a price to earnings (P/E) ratio of 3.09. PBR’s most recent ex-dividend date was 8/22/2023 when it declared a $0.2353 quarterly dividend that was paid in cash on 11/30/2023. Previously, the company paid the dividend on 8/25/2023 with an ex-dividend date of 6/13/2023. The PBR stock dividend was $0.3360 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for PBR in the last 3 months, the mean price target is $15.53 with high estimates of $19.00 and low estimates of $5.53. In terms of 52-week highs and lows, PBR has a high of $15.52 and a low of $8.61.

As of this writing, PBR has an earnings estimate of $0.78 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.87 per share and a lower estimate of $0.7. The company reported an EPS of $1.11 in the last quarter, which was 22.00% higher than expectations of $0.91.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. PBR’s latest balance sheet shows that the firm has $11.12B in Cash & Short Term Investments as of fiscal 2021. There were $58.74B in debt and $24.18B in liabilities at the time. Its Book Value Per Share was $11.68, while its Total Shareholder’s Equity was $69.81B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PBR is Buy with a score of 4.00.

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