Petróleo Brasileiro S.A. - Petrobras (PBR) Research

Brazilian energy giant Petróleo Brasileiro S.A. (Petrobras) is deeply involved in the global oil and gas industry, conducting exploration, production, and sales activities both within Brazil and internationally. The company's diverse operations are organized into four primary business segments: Exploration and Production; Refining, Transportation, and Marketing; Gas and Power; and Corporate and Other Businesses. Overall, Petrobras’s activities span the entire hydrocarbon value chain. This includes the search for and extraction of crude oil from various sources—onshore, offshore, and unconventional formations like shale—along with its subsequent refining, processing, trading, and distribution. The company also manages natural gas, other liquid hydrocarbons, and refined petroleum products. Specifically, the Exploration and Production division focuses on discovering, developing, and extracting crude oil, natural gas liquids, and natural gas, primarily to supply the company's domestic refineries. The Refining, Transportation, and Marketing segment handles the refining, logistics, transport, commercialization, and trading of crude oil and various refined petroleum products. This unit is also responsible for ethanol exports, the extraction and processing of shale, and holds equity interests in petrochemical companies. The Gas and Power segment manages the logistics and trading of natural gas and electricity, including the transportation and commercialization of Liquefied Natural Gas (LNG). It generates electricity via thermoelectric power plants, holds stakes in natural gas transmission and distribution networks, and is engaged in both fertilizer manufacturing and natural gas processing. Finally, the Corporate and Other Businesses segment is dedicated to the production of biodiesel and its associated co-products, as well as ethanol, in addition to the distribution of various petroleum products. Petrobras was established in 1953 and its corporate headquarters are located in Rio de Janeiro, Brazil.

Market snapshot

Symbol
PBR
Price
$16.75
Day change
-0.24%
Market cap
$97.1B
P/E ratio
4.75x
52-week range
11.43-22.24
Sector
Energy
Industry
Oil & Gas Integrated
Next earnings
in 2 months
Analyst price target
$20.00

Recent news

  • Brazil's Petrobras approves $1.2 billion investment for renewable fuels plant

    The board of ​Brazilian state-run oil company ‌Petrobras has approved a $1.2 billion investment to develop a ​plant for renewable jet ​fuel, known as bioQAV, ⁠and renewable diesel, the ​company said in a securities ​filing on Friday.

  • Petrobras to resume construction of Tres Lagoas fertilizer plant by September

    Brazil's state-run oil firm Petrobras plans to resume construction of a fertilizer plant in Mato Grosso ​do Sul state by September, in another move to reduce the ‌country's dependence on imports, executive William Franca said on Thursday.

  • Petrobras produces, sells first CORSIA-certified soybean SAF batch

    Brazil's state-run oil ​firm Petrobras said ‌on Wednesday it has produced and sold ​its first batch ​of sustainable aviation fuel (SAF) ⁠made from ​soybean oil sourced from ​Bunge and certified under the CORSIA low ILUC ​risk standard, ​in what it said was ‌a ⁠global first.

Peer companies

  • BP p.l.c. (BP)
  • Canadian Natural Resources Limited (CNQ)
  • Eni S.p.A. (E)
  • EOG Resources, Inc. (EOG)
  • Enterprise Products Partners L.P. (EPD)
  • Equinor ASA (EQNR)
  • Energy Transfer LP (ET)
  • Kinder Morgan, Inc. (KMI)

Recent insider activity

  • Melgarejo Fernando Sabbi — D-Return (1757.7 shares) on 2026-06-12
  • Lopes Renata Faria Rodrigues Baruzzi — D-Return (1733 shares) on 2026-06-03
  • Da Silva William Franca — D-Return (6840.81 shares) on 2026-05-15
  • Coppetti Clarice — D-Return (9910.72 shares) on 2026-05-14
  • Terra Fabio Henrique Bittes — trade (0 shares) on 2026-04-27

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