Added to YB: 2024-07-10
Pitch date: 2024-03-31
PBR [bullish]
Petróleo Brasileiro S.A. - Petrobras
+3.01%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally.
Market Cap
BRL 436.5B
Pitch Price
BRL 12.14
Price Target
N/A
Dividend
17.81%
Sector
Oil, Gas and Consumable Fuels
Category
value
Show full summary:
Ariel Emerging Markets Value New Position: Petróleo Brasileiro S.A. - Petrobras
PBR: Brazil oil producer w/ low-decline fields, growing production & exploration upside. Trades at large discount despite better ROE/growth vs peers. Gov't interference risk priced in; new laws make it harder. Strong FCF, rising output. Mgmt now liable for harmful policies. Likely to beat low market expectations.
Read full article (1 min)