Petroleo Brasileiro SA- Petrobras stock analysis
Petroleo Brasileiro SA- Petrobras (PJXA) Stock Price & Analysis
PJXA Stock Chart & Stats
- Day’s Range
- EUR 16.40 - EUR 16.40
- 52-Week Range
- EUR 9.64 - EUR 23.50
- Previous Close
- EUR 16.85
- Volume
- N/A
- Average Volume (3M)
- 1,703
- Market Cap
- EUR 98.98B
- Enterprise Value
- EUR 164.74B
- Total Cash (Recent Filing)
- EUR 10.39B
- Total Debt (Recent Filing)
- EUR 70.81B
- Price to Earnings (P/E)
- 4.9
- Beta
- -0.55
- Next Earnings
- Feb 24, 2027 (Est.)
- EPS Estimate
- 1.2
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 7.33%
Bulls Say, Bears Say
Bulls Say
Production Growth
Strong production growth and performance above target demonstrate effective execution across Petrobras’s offshore portfolio. Additional ramp-up capacity provides a durable path to higher volumes, better utilization of existing assets, and greater operating cash generation over the next several quarters.
Integrated Refining Strength
High refinery utilization and rising product output show the value of Petrobras’s integrated upstream and downstream model. Lower imports and higher exports can improve domestic supply resilience while allowing the company to capture more value from its crude production and refining network.
Cash Generation
Substantial operating and free cash flow gives Petrobras capacity to fund offshore investment, service debt, and support shareholder distributions. Although conversion is moderate, the positive TTM growth indicates that the business is generating meaningful internal funding for its ongoing capital program.
Bears Say
Commodity Exposure
Petrobras remains materially exposed to international oil prices and foreign-exchange movements because hydrocarbons drive its upstream revenue and much of its earnings. A reversal in commodity conditions could reduce cash generation, weaken margins, and make investment and distribution plans less predictable.
Leverage And Cash Conversion
Meaningful leverage reduces financial flexibility when commodity margins weaken, while moderate cash conversion means reported earnings do not fully become discretionary cash after capital needs. Together, these factors can constrain debt reduction, investment choices, and shareholder distributions during weaker periods.
Gas Policy Uncertainty
Possible changes to domestic gas ownership, transfers, or pricing could alter the economics of Petrobras’s gas projects and supply arrangements. Regulatory intervention may therefore delay investment decisions, reduce returns, or create uncertainty around the company’s role in Brazil’s gas market.
Petroleo Brasileiro SA- Petrobras News
PJXA FAQ
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Petroleo Brasileiro SA- Petrobras Stock Smart Score
Company Description
Petroleo Brasileiro SA- Petrobras
Brazilian energy giant Petróleo Brasileiro S.A. (Petrobras) is deeply involved in the global oil and gas industry, conducting exploration, production, and sales activities both within Brazil and internationally. The company's diverse operations are organized into four primary business segments: Exploration and Production; Refining, Transportation, and Marketing; Gas and Power; and Corporate and Other Businesses. Overall, Petrobras’s activities span the entire hydrocarbon value chain. This includes the search for and extraction of crude oil from various sources—onshore, offshore, and unconventional formations like shale—along with its subsequent refining, processing, trading, and distribution. The company also manages natural gas, other liquid hydrocarbons, and refined petroleum products. Specifically, the Exploration and Production division focuses on discovering, developing, and extracting crude oil, natural gas liquids, and natural gas, primarily to supply the company's domestic refineries. The Refining, Transportation, and Marketing segment handles the refining, logistics, transport, commercialization, and trading of crude oil and various refined petroleum products. This unit is also responsible for ethanol exports, the extraction and processing of shale, and holds equity interests in petrochemical companies. The Gas and Power segment manages the logistics and trading of natural gas and electricity, including the transportation and commercialization of Liquefied Natural Gas (LNG). It generates electricity via thermoelectric power plants, holds stakes in natural gas transmission and distribution networks, and is engaged in both fertilizer manufacturing and natural gas processing. Finally, the Corporate and Other Businesses segment is dedicated to the production of biodiesel and its associated co-products, as well as ethanol, in addition to the distribution of various petroleum products. Petrobras was established in 1953 and its corporate headquarters are located in Rio de Janeiro, Brazil.
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- CEO
- Magda Maria de Regina Chambriard
- Employees
- 50,687
- Website
- petrobras.com.br
- Address
- Avenida RepUblica do Chile, 65, Rio De Janeiro, RJ, 20231-030, BR
Petroleo Brasileiro SA- Petrobras (PJXA) Earnings & Revenues
PJXA Company Deck
PJXA Earnings Call
Earnings Call SentimentPositive
The call emphasized strong operational execution and record financial results driven by production ramp-ups, higher refining utilization and robust cash generation. Management balanced this with caution on macro volatility (Brent/FX), operating-cost pressures (freight/logistics), some short-term balance-sheet recognition from lease amendments, regulatory uncertainty (gas policy), and ongoing exposure to Braskem. Overall the positive operational and financial momentum materially outweighs the challenges noted.
View all DE:PJXA earnings summariesPJXA Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 7 | 2 | 13 |
| Technical Analysis | 5 | 2 | 3 |
| Moving Averages | 2 | 0 | 10 |











