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

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

Petróleo Brasileiro S.A. – Petrobras Stock Performance

Shares of NYSE:PBR opened at $11.80 on Friday. The firm’s 50 day simple moving average is $12.52 and its 200 day simple moving average is $13.35. The company has a market capitalization of $76.04 billion, a price-to-earnings ratio of 4.61, a P/E/G ratio of 0.18 and a beta of 0.87. Petróleo Brasileiro S.A. – Petrobras has a fifty-two week low of $11.03 and a fifty-two week high of $17.41. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.94 and a quick ratio of 0.71.

Petróleo Brasileiro S.A. – Petrobras Cuts Dividend

The firm also recently disclosed a — dividend, which will be paid on Friday, June 27th. Investors of record on Tuesday, April 22nd will be paid a dividend of $0.2403 per share. This represents a yield of 19%. The ex-dividend date of this dividend is Tuesday, April 22nd. Petróleo Brasileiro S.A. – Petrobras’s payout ratio is presently 120.69%.

Analyst Upgrades and Downgrades

PBR has been the subject of several research analyst reports. StockNews.com lowered Petróleo Brasileiro S.A. – Petrobras from a “buy” rating to a “hold” rating in a research report on Monday, March 3rd. Hsbc Global Res raised Petróleo Brasileiro S.A. – Petrobras from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 5th. Finally, 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 report on Wednesday, March 5th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Petróleo Brasileiro S.A. – Petrobras has a consensus rating of “Moderate Buy” and a consensus 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.