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Petroleo Brasileiro SA Petrobras PETR4

Morningstar Rating
BRL 34.29 +0.87 (2.60%)
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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

PETR4 is trading at a 15% discount.
Price
BRL 27.23
Fair Value
BRL 49.49
Uncertainty
High
1-Star Price
BRL 84.25
5-Star Price
BRL 22.54
Economic Moat
Xyy
Capital Allocation
Kpkyjqf
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News

Trading Information

Previous Close Price
BRL 33.42
Day Range
BRL 33.48–34.30
52-Week Range
BRL 20.77–38.86
Bid/Ask
BRL 34.27 / BRL 34.29
Market Cap
BRL 444.70 Bil
Volume/Avg
41.0 Mil / 50.2 Mil

Key Statistics

Price/Earnings (Normalized)
3.13
Price/Sales
0.81
Dividend Yield
21.35%
Dividend Yield (Forward)
21.35%
Total Yield
21.35%

Company Profile

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 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
83,831

Competitors

Valuation

Metric
PETR4
XOM
CVX
Price/Earnings (Normalized)
3.139.4310.39
Price/Book Value
1.121.951.63
Price/Sales
0.811.181.33
Price/Cash Flow
1.596.646.93
Price/Earnings
PETR4
XOM
CVX

Financial Strength

Metric
PETR4
XOM
CVX
Quick Ratio
0.641.050.84
Current Ratio
0.951.421.25
Interest Coverage
11.7278.8177.06
Quick Ratio
PETR4
XOM
CVX

Profitability

Metric
PETR4
XOM
CVX
Return on Assets (Normalized)
14.04%11.56%10.12%
Return on Equity (Normalized)
36.49%21.79%16.29%
Return on Invested Capital (Normalized)
22.13%17.60%14.39%
Return on Assets
PETR4
XOM
CVX

Oil & Gas Integrated Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
XOM
Exxon Mobil CorpXbmrs$393.4 Bil
CVX
Chevron CorpQbskb$268.9 Bil
RYDAF
Shell PLCPtdc$204.1 Bil
SHEL
Shell PLC ADR (Representing - Ordinary Shares)Ydrnh$204.1 Bil
PCCYF
PetroChina Co Ltd Class HLpsb$167.1 Bil
TTE
TotalEnergies SE ADRMbvkf$154.3 Bil
BP
BP PLC ADRNdfk$97.8 Bil
PBR
Petroleo Brasileiro SA Petrobras ADRNxtmh$91.6 Bil
EQNR
Equinor ASA ADRJjrv$89.5 Bil
E
Eni SpA ADRCgxm$51.4 Bil