Petróleo Brasileiro S.A. – Petrobras (PBR) to Release Quarterly Earnings on Monday

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Monday, May 12th. Analysts expect Petróleo Brasileiro S.A. – Petrobras to post earnings of $1.07 per share and revenue of $127.85 billion for the quarter.

Petróleo Brasileiro S.A. – Petrobras Stock Performance

NYSE:PBR opened at $11.80 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 0.65. Petróleo Brasileiro S.A. – Petrobras has a twelve month low of $11.03 and a twelve month high of $17.37. The company has a fifty day moving average of $12.52 and a 200-day moving average of $13.35. The firm has a market capitalization of $76.04 billion, a P/E ratio of 4.61, a P/E/G ratio of 0.18 and a beta of 0.87.

Petróleo Brasileiro S.A. – Petrobras Cuts Dividend

The business also recently disclosed a — dividend, which will be paid on Friday, June 27th. Stockholders of record on Tuesday, April 22nd will be issued a dividend of $0.2403 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a dividend yield of 19%. Petróleo Brasileiro S.A. – Petrobras’s dividend payout ratio is currently 90.52%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on PBR. HSBC raised Petróleo Brasileiro S.A. – Petrobras from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Wednesday, March 5th. StockNews.com lowered shares of Petróleo Brasileiro S.A. – Petrobras from a “buy” rating to a “hold” rating in a report on Monday, March 3rd. Finally, Hsbc Global Res upgraded Petróleo Brasileiro S.A. – Petrobras from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 5th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $17.81.

About Petróleo Brasileiro S.A. – Petrobras

Petróleo Brasileiro SA – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.