Added to YB: 2026-01-30
Pitch date: 2026-01-29
PBR [neutral]
Petróleo Brasileiro S.A. - Petrobras
+71.57%
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, China, the United States, the Americas, Asia, Europe, Singapore, and internationally.
Market Cap
BRL 774.3B
Pitch Price
BRL 37.90
Price Target
23.00 (-65%)
Dividend
5.71%
EV/EBITDA
3.76
P/E
5.41
EV/Sales
1.98
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)