Added to YB: 2024-03-11
Pitch date: 2024-03-10
PBR [bullish]
Petróleo Brasileiro S.A. - Petrobras
+136.44%
current return
Author Info
No bio for this author
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 24.58
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
dividend
Petrobras: They're Panicking Again
Sold off on lack of Q4 special dividends, but fears of state appropriation under Lula proved unfounded. With P/E <4, $24B profit, 19% dividend, clear policies, PBR is undervalued. As narrative shifts, it may reach 9-10x earnings, suggesting significant upside remains before an exit.
Read full article (3 min)