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Petroleo Brasileiro SA Petrobras PETR3

Morningstar Rating
BRL 43.75 −0.50 (1.13%)
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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 1% premium.
Price
BRL 43.39
Fair Value
BRL 42.63
Uncertainty
High
1-Star Price
BRL 94.13
5-Star Price
BRL 26.68
Economic Moat
Mnmd
Capital Allocation
Tnqr
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News

Trading Information

Previous Close Price
BRL 44.25
Day Range
BRL 43.0643.93
52-Week Range
BRL 25.2144.50
Bid/Ask
BRL 0.00 / BRL 0.00
Market Cap
BRL 564.78 Bil
Volume/Avg
9.0 Mil / 14.4 Mil

Key Statistics

Price/Earnings (Normalized)
4.02
Price/Sales
1.11
Dividend Yield (Trailing)
12.60%
Dividend Yield (Forward)
12.60%
Total Yield
17.25%

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)
4.0212.3912.69
Price/Book Value
1.482.271.92
Price/Sales
1.111.431.58
Price/Cash Flow
2.538.547.98
Price/Earnings
PETR3
XOM
CVX

Financial Strength

Metric
PETR3
XOM
CVX
Quick Ratio
0.681.060.87
Current Ratio
0.961.481.27
Interest Coverage
10.7863.1764.08
Quick Ratio
PETR3
XOM
CVX

Profitability

Metric
PETR3
XOM
CVX
Return on Assets (Normalized)
14.96%10.42%9.56%
Return on Equity (Normalized)
39.52%19.34%15.37%
Return on Invested Capital (Normalized)
24.34%15.75%13.64%
Return on Assets
PETR3
XOM
CVX
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Oil & Gas Integrated Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
XOM
Exxon Mobil CorpTjdmclgtWvmsjt$466.9 Bil
CVX
Chevron CorpRycvcwqsbClyjln$306.3 Bil
PCCYF
PetroChina Co Ltd Class HRkm$259.2 Bil
RYDAF
Shell PLCFcqv$232.3 Bil
SHEL
Shell PLC ADR (Representing - Ordinary Shares)NpvxmpzCpyc$232.3 Bil
TTE
TotalEnergies SE ADRGsyqghbJkt$168.7 Bil
BP
BP PLC ADRWbnsdwvdtCkptk$110.3 Bil
PBR
Petroleo Brasileiro SA Petrobras ADRDzvztpdcyFmtg$107.2 Bil
EQNR
Equinor ASA ADRKwhsnbsrRcdz$78.8 Bil
E
Eni SpA ADRMbzbwxpknMzdc$52.3 Bil

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