Added to YB: 2026-10-13
Pitch date: 2026-10-09
PBR [bullish]
Petróleo Brasileiro S.A. - Petrobras
-0.55%
current return
Author Info
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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 25.44
Price Target
N/A
Dividend
5.71%
EV/EBITDA
3.76
P/E
5.41
EV/Sales
1.98
Sector
Oil, Gas and Consumable Fuels
Category
value
Brazil’s Cheapest Cash Machines - Petróleo Brasileiro S.A.
PBR: Petrobras may be the clearest expression of Brazil’s sovereign-risk discount: shares trade at 4.7–5.5x forward earnings versus ExxonMobil at 12.7–14.8x, despite R$61.8B of Q2 operating cash flow. A credible post-election shift toward commercial discipline could reduce intervention risk and narrow the discount. Recent reported yields have been roughly 7%, with payouts variable; the key risk is that campaign promises fail to produce credible fiscal policy or predictable capital allocation.
Read full article (5 min)