Petrobras Resolves Disputes with Proquigel, Plans Fertilizer Plant Operations Resumption

An announcement from Petroleo Brasileiro SA- Petrobras ( (PBR) ) is now available.

On May 22, 2025, Petrobras announced the signing of an agreement with Proquigel, a subsidiary of Unigel, to resolve ongoing contractual disputes and litigation. The agreement, pending ratification by the Arbitral Tribunal, will allow Petrobras to regain possession of fertilizer plants in Bahia and Sergipe and resume operations through a bidding process for operation and maintenance services. This move is part of Petrobras’ 2025-2029 Business Plan to re-enter the fertilizer segment, aiming to create value and align with its broader energy transition strategy.

The most recent analyst rating on (PBR) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Petroleo Brasileiro SA- Petrobras stock, see the PBR Stock Forecast page.

Spark’s Take on PBR Stock

According to Spark, TipRanks’ AI Analyst, PBR is a Neutral.

Petrobras shows solid financial performance with strong profitability and a stable balance sheet. However, challenges such as declining revenue, free cash flow growth, and increasing debt levels weigh on the outlook. Technical indicators suggest caution, while valuation metrics appear favorable due to a low P/E ratio and high dividend yield. The earnings call highlights strategic focus and resilience in a challenging oil price environment, balancing near-term risks with long-term opportunities.

To see Spark’s full report on PBR stock, click here.

More about Petroleo Brasileiro SA- Petrobras

Petróleo Brasileiro S.A. – Petrobras is a Brazilian petroleum corporation primarily engaged in the oil and natural gas industry. The company focuses on the production and commercialization of energy resources, aligning its operations with the energy transition and the production of nitrogen-based products.

Average Trading Volume: 24,045,032

Technical Sentiment Signal: Hold

Current Market Cap: $72.6B

See more insights into PBR stock on TipRanks’ Stock Analysis page.