Canada markets closed

Petróleo Brasileiro S.A. - Petrobras (PBR)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
10.67-0.51 (-4.56%)
At close: 4:00PM EDT
10.71 +0.04 (0.37%)
After hours: 07:50PM EDT
Sign in to post a message.
  • C
    CT
    Bank Safra raised Petrobras' target price (PETR4) from BRL 29.50 to BRL 38.00, due to new assumptions for the price of oil. That’s a 32% increase.
    That would take PBR to $14.26
  • B
    Brent
    Essentially equal production to last year despite selling off fields and undergoing maintenance on others. Seems mgmt. is doing a very fine job. Add to this normalized energy prices, and the sky is the limit. Buy.
  • B
    Brent
    $3 billion suit tossed by Brazilian judge. Worth a $1 rise in share price on its own. Buy.
  • M
    Mothra
    I just wonder if it's covid or Amazon causing this selloff because it's not Oil.......That's up. Maybe bovespa?
  • M
    Mothra
    What happened to everybody?
    PBR will most likely post eps above $1 guys.........You guys jump ship?
    I added a little more shares of PBR this morning.........This stock is a Great BUY here before Earnings in my opinion, and I expect to see Earnings above $1/shr. Anything less will be a disappointment.
  • C
    Chris Murray
    Talk about an unloved stock, incredible how there is never any stock price appreciation, no matter the news.
  • M
    Mothra
    PBR sold 35% more Oil here in the 2Q to Foreign countries than it did in 1Q.......I am Excited to see that Earnings report.

    Give PVAC a look to make Huge money since they confirmed their Production this morning and has its stock Rocketing UP..........Make money with the King because I am not Afraid of Fastballs down the middle.
    This is Excitement time since Wallstreet (shorting and selling) has them on Sale while they have Huge Profits in Front!
  • B
    Brian
    Looks like PBR price targets were updated in Yahoo, now it says 49% estimated return; whereas, yesterday, it said 37% return; that's a nice 12% pickup!
  • C
    Chris Murray
    If a solid earnings report coupled with reducing the debt on 8/4 doesn’t move pbr, not sure anything will then. Probably range bound until then.
  • C
    Carlos Martin
    Any opinion on when we will see this above 13?
  • J
    Joseph
    The last 7 mins, PBR went up .07, to 10.86, lot's of concentrated buying! Part of the technicals went back to Green today! Several pubs rec PBR as a Value play, InvestorPlace---The 7 Best Cheap Stocks to Buy for the Second Half of 2021----PBR
  • R
    Russell
    Will we see 200M+ Shares traded on 8/5?
  • R
    Russell
    (Realized price BOE)(3.1M BOE/day)(90 days)= Revenues for 2Q…….

    1Q:
    (Realized price BOE)(2.8M BOE/day)(90days)=86,000M reals
    (Realized price)=86000/(2.8x90)=341.2Reals/Brl
    Assume Fx=5.6 back then to get Realized Price BOE=341.2/5.6=$61 give or take a few pennies.

    So what was their Realized price this quarter? We need that to get Revenues.
  • B
    Brent
    Huge opportunity at $72 oil and $4 ng. Huge on steroids when you factor in PBR's paltry price under $11. Buy.
  • B
    Brian
    Q2 2021 volume sales are up 12.9% compared to Q1 2021. Prices are up probably 10%. FX is up around 15%. So we are going to see sales around $20 Billion in Q2 2021.
  • C
    Chris Murray
    Incredible how quickly everything changed. We were all talking about PBR hitting $15, now it appears we are headed back to single digits, the only positive is nothing has changed with the fundamentals or the plan to reduce debt for PBR. We are also not alone as all the oil companies are getting hammered. I am hoping once all this news is finally digested that we get a SnapBack to $12, good luck board!
  • M
    Mothra
    You can see the Production and Sales Report at PBR site.........
    https://www.investidorpetrobras.com.br/en/results-and-announcements/results-center/
  • C
    Chris Murray
    I am going to wait until the 60 billion threshold of debt is met to see where they stand on their dividends. A healthy good paying dividend is important and while PBR has a lot to like it will be tough to keep if 1) the price does not begin to appreciate and 2) the dividend policy they announce once their level of debt is achieved does not come close to its peers. Good Luck Board!
  • M
    Mothra
    USA is a net importer of oil now to the tune of +2.437Mbrls/day..........Hence, go to eia site to see the net imports. I am not sure you'll notice or hear that on tv.
  • t
    the_entitled
    Chevron leading the Dow today, PBR the ibovespa tmw.