Will Petrobras stock go up?
Stock Price Forecast The 13 analysts offering 12-month price forecasts for Petroleo Brasileiro SA Petrobras have a median target of 13.50, with a high estimate of 16.00 and a low estimate of 10.60. The median estimate represents a +28.63% increase from the last price of 10.50.
Does PBR pay dividend?
PBR pays a dividend of $0.91 per share. PBR’s annual dividend yield is 8.82%. Petrobra’s dividend is higher than the US Oil & Gas Integrated industry average of 4.3%, and it is higher than the US market average of 4.33%.
Is Petrobras private?
Petróleo Brasileiro S.A., better known by the acronym Petrobras (Portuguese pronunciation: [ˌpɛtɾoˈbɾas ]), is a state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil.
How much of Petrobras is owned by the Brazilian government?
Shareholding Structure – October 2021
| Federal Government | 3.740.470.811 | 28,67% |
|---|---|---|
| BNDESPar | 917.910.888 | 7.04% |
| BNDES | 135.248.258 | 1.04% |
Is PBR a good investment?
Stocks with “A” grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. Petrobras (PBR) is a stock many investors are watching right now. PBR is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value.
Should I buy Petrobras stock?
Valuation metrics show that Petroleo Brasileiro S.A. Petrobras may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of PBR, demonstrate its potential to outperform the market. It currently has a Growth Score of B.
What kind of business does Petrobras do?
The Refining, Transportation and Marketing segment involves refining, logistics, transportation, trading operations, oil products and crude oil exports and imports, and petrochemical investments.
What kind of business does Petroleo Brasileiro do?
Petroleo Brasileiro S/A ADR. Petróleo Brasileiro SA engages in oil and gas exploration, production, and distribution activities. It operates through the following segments: Exploration and Production; Refining, Transportation, and Marketing; Distribution; Gas & Power; Biofuel; and Corporate.
Why did Petrobras hand over 10% of Lapa Field?
Petrobras’ (PBR) handover of its 10% share in the Lapa field complements its portfolio optimization and capital allocation strategy, which aims to add shareholder value. TechnipFMC (FTI) and DOF Subsea’s Skandi Niteroi will mostly function in shallow water while Skandi Vitoria will operate in both shallow and deep water.
What are the segments of Petrobras gas and power?
The Gas and Power segment includes transportation and trading of natural and liquefied natural gas, the generation and trading of electric power, and the fertilizer business.