Petróleo Brasileiro S.A. - Petrobras (PBR) AI Stock Analysis

Petróleo Brasileiro S.A. - Petrobras is an integrated energy corporation based in Rio de Janeiro, Brazil. The company operates across Exploration and Production, Refining, Transportation and Marketing, Gas and Power, and Corporate and Other Businesses. Petrobras explores for and extracts crude oil, natural gas liquids, and natural gas from onshore, offshore, and unconventional shale resources. It also refines, transports, and markets crude oil and related products. Additionally, Petrobras operates thermoelectric power plants, produces ethanol and biodiesel, and holds interests in various petrochemical and natural gas distribution ventures both domestically and internationally.

Petrobras recorded an annual revenue five-year CAGR of 10.4% from FY2020 through FY2025. Annual revenue decreased from $124.47B in FY2022 to $105.54B in FY2023, $91.42B in FY2024, and $88.10B in FY2025. Net income was $19.71B in FY2025, delivering an operating margin of 31.4% and diluted EPS of $2.68. For the trailing twelve months ending June 30, 2026, revenue stood at $548.49B with diluted EPS of $3.96 and an operating margin of 44.7%. In the latest quarter ending June 30, 2026, quarterly revenue grew 42.3% year-over-year while quarterly earnings expanded 96.8%.

As of June 30, 2026, Petrobras held $10.39B in cash and short-term investments alongside total debt of $70.81B, resulting in net debt of $60.42B. Shareholders' equity was $92.91B on total assets of $247.08B, corresponding to a debt-to-equity ratio of 0.76 and a current ratio of 0.85. Operating cash flow reached $36.56B in FY2025, yielding free cash flow of $16.72B. During FY2025, the company deployed $19.84B toward capital expenditures and distributed $8.25B in dividends. Share count declined 1.3% over five years.

PBR trades at an enterprise value of $192.98B and a market cap of $167.55B. Its trailing P/E of 6.6x and forward P/E of 5.4x sit below the median of its US-listed Energy peers of 15.0x and 12.7x, respectively. The company's EV-to-EBITDA multiple is 3.5x compared to the peer median of 8.0x, while its price-to-sales ratio is 0.3x versus 1.8x for peers. Over the past year, PBR delivered a total return of 141.9%, outperforming the S&P 500 (SPY) return of 16.8%.

Petrobras pays a forward annual dividend of $1.43 per share, representing a dividend yield of 5.50% and a payout ratio of 28.3%. The company has paid dividends for 9 consecutive years and achieved a five-year annualized dividend growth rate of 34.3%. Its last ex-dividend date was August 25, 2026.

Wall Street coverage includes 8 Strong Buy, 3 Buy, and 3 Hold ratings, with zero Sell or Strong Sell recommendations. The average analyst price target is $24.09, which is 7.3% below the October 16, 2026 close of $26.00. For the fiscal year ending December 31, 2026, analysts estimate EPS of $4.53 on revenue of $605.74B. Over the last 4 quarters, Petrobras beat consensus EPS estimates 2 times. The next earnings release date is November 10, 2026.

This page is an AI-written research summary of Petróleo Brasileiro S.A. - Petrobras (PBR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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