Skip to Content

Petroleo Brasileiro SA Petrobras PETR3

Morningstar Rating
BRL 44.13 −0.34 (0.76%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

PETR3 is trading at a 18% premium.
Price
BRL 44.21
Fair Value
BRL 87.68
Uncertainty
High
1-Star Price
BRL 62.55
5-Star Price
BRL 43.50
Economic Moat
Kdjx
Capital Allocation
Hzhth
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if PETR3 is a good fit for your portfolio.

News

Trading Information

Previous Close Price
BRL 44.47
Day Range
BRL 44.0444.77
52-Week Range
BRL 26.8344.77
Bid/Ask
BRL 0.00 / BRL 0.00
Market Cap
BRL 569.69 Bil
Volume/Avg
9.7 Mil / 14.0 Mil

Key Statistics

Price/Earnings (Normalized)
4.08
Price/Sales
1.13
Dividend Yield (Trailing)
12.53%
Dividend Yield (Forward)
12.53%
Total Yield
12.94%

Company Profile

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.
Sector
Energy
Industry
Oil & Gas Integrated
Stock Style Box
Large Value
Total Number of Employees
40,213

Competitors

Valuation

Metric
PETR3
XOM
CVX
Price/Earnings (Normalized)
4.0813.5413.32
Price/Book Value
1.512.281.89
Price/Sales
1.131.441.59
Price/Cash Flow
2.578.578.12
Price/Earnings
PETR3
XOM
CVX

Financial Strength

Metric
PETR3
XOM
CVX
Quick Ratio
0.681.020.87
Current Ratio
0.961.381.27
Interest Coverage
10.7854.0764.08
Quick Ratio
PETR3
XOM
CVX

Profitability

Metric
PETR3
XOM
CVX
Return on Assets (Normalized)
14.96%9.46%9.02%
Return on Equity (Normalized)
39.52%17.46%14.52%
Return on Invested Capital (Normalized)
24.34%14.30%12.92%
Return on Assets
PETR3
XOM
CVX
See how this stock stacks up to its competitors with Morningstar Investor

Oil & Gas Integrated Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
XOM
Exxon Mobil CorpHjrltxggYfhxf$531.3 Bil
CVX
Chevron CorpNfbbnlkhxNjfmkwn$299.6 Bil
PCCYF
PetroChina Co Ltd Class HRvkhn$245.5 Bil
RYDAF
Shell PLCTjn$231.9 Bil
SHEL
Shell PLC ADR (Representing - Ordinary Shares)JnxynkhZzz$231.9 Bil
TTE
TotalEnergies SE ADRTsxmljpjQbgp$171.2 Bil
PBR
Petroleo Brasileiro SA Petrobras ADRCmwwnrdxQdff$109.8 Bil
BP
BP PLC ADRGywxqsynBkdn$105.0 Bil
EQNR
Equinor ASA ADRZnzdlcqSkkh$84.4 Bil
E
Eni SpA ADRZcgshzdLwc$51.6 Bil

Sponsor Center