Added to YB: 2026-02-02
Pitch date: 2026-01-29
PBR [neutral]
Petróleo Brasileiro S.A. - Petrobras
+2.82%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally.
Market Cap
BRL 496.4B
Pitch Price
BRL 40.06
Price Target
23.00 (-44%)
Dividend
15.54%
EV/EBITDA
3.53
P/E
6.13
EV/Sales
1.65
Sector
Oil, Gas and Consumable Fuels
Category
value
Is It Too Late to Buy Petrobras (PBR)?
PBR (pass): Brazil's national oil co w/ dollarized revenue, competitive pre-salt lifting costs, clearer tax regime. Production up to 2.5M bpd Dec, targeting 2.6M in 2026. Bull cases: HSBC $19 (+23%) & Jefferies $23 (+49%) vs current $15.40. Stock moved too far/fast from $11; prefer better entry despite strong fundamentals & 50%+ upside potential.
Read full article (10 min)