PBR Stock Summary and Trading Ideas (Petrobras Brasileiro | NYSE:PBR)

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production of oil and gas in Brazilian offshore fields. Production in 2023 was 2.8 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.9 billion boe (85% oil). At end-2023, Petrobras operated 10 refineries in Brazil with capacity of 1.8 million barrels a day and distributes refined products and natural gas throughout Brazil.

Petrobras Brasileiro trades on the NYSE stock market under the symbol PBR.

As of March 31, 2025, PBR stock price declined to $14.34 with 14,651,387 million shares trading.

PBR has a beta of 0.30, meaning it tends to be less sensitive to market movements. PBR has a correlation of 0.02 to the broad based SPY ETF.

PBR has a market cap of $92.46 billion. This is considered a Large Cap stock.

Last quarter Petrobras Brasileiro reported $21 billion in Revenue and -$.44 earnings per share. This fell short of revenue expectation by $-325 million and missed earnings estimates by -$.81.

In the last 3 years, PBR traded as high as $17.91 and as low as $8.88.

The top ETF exchange traded funds that PBR belongs to (by Net Assets): ILF, SPEM, AVEM, GNR, IXC.

PBR has underperformed the market in the last year with a return of +4.1%, while SPY returned +8.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PBR shares. However, PBR has outperformed the market in the last 3 month and 2 week periods, returning +13.7% and +6.8%, while SPY returned -5.7% and -0.3%, respectively. This indicates PBR has been having a stronger performance recently.

PBR support price is $14.11 and resistance is $14.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PBR shares will trade within this expected range on the day.