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Brazilian state-run oil firm Petrobras is closely monitoring the fallout from conflict in Iran and expects to watch oil prices - which surged on Monday - for the next week before taking decisions on fuel prices, four people familiar with those assessments told Reuters.
Recently, Zacks.com users have been paying close attention to Petrobras (PBR). This makes it worthwhile to examine what the stock has in store.
In the closing of the recent trading day, Petrobras (PBR) stood at $16.54, denoting a +2.48% move from the preceding trading day.
Brazil's state-run oil firm Petrobras will look into opportunities in neighboring Venezuela, said the head of Exploration and Production Sylvia Anjos in an interview with newspaper O Globo on Friday.
From a technical perspective, Petrobras (PBR) is looking like an interesting pick, as it just reached a key level of support. PBR recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
In the closing of the recent trading day, Petrobras (PBR) stood at $15.29, denoting a +1.8% move from the preceding trading day.
Petrobras (PBR) closed the most recent trading day at $15.02, moving 1.12% from the previous trading session.
Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the seven analysts that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among
Caprock Group LLC acquired a new position in shares of Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 110,204 shares of the oil and gas exploration company's stock, valued at
Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR - Get Free Report) saw unusually large options trading activity on Wednesday. Stock traders acquired 61,765 call options on the company. This is an increase of 48% compared to the average daily volume of 41,670 call options. Institutional Inflows and Outflows Hedge funds have recently modified their holdings of the
Shares of Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR - Get Free Report) reached a new 52-week high on Wednesday after The Goldman Sachs Group raised their price target on the stock from $13.10 to $15.00. The Goldman Sachs Group currently has a buy rating on the stock. Petroleo Brasileiro S.A.- Petrobras traded as high as $15.97
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ABC Arbitrage SA boosted its stake in Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR) by 310.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 196,610 shares of the oil and gas exploration company's stock after buying an additional 148,686 shares during the quarter.
Brazilian state-run oil firm Petrobras on Tuesday reported a total oil, gas and gas liquids production of 3.11 million barrels of oil equivalent per day (boed) in the fourth quarter of 2025, up about 18% from a year earlier.
In the most recent trading session, Petrobras (PBR) closed at $15.26, indicating a +2.62% shift from the previous trading day.
PBR and TotalEnergies' offshore stake acquisition deal remains unrecognized by Namibia until mandatory approvals are secured under local petroleum laws.
Namibia is concerned that TotalEnergies and Petrobras had acquired new offshore positions in the Luderitz Basin without informing the energy ministry or getting the necessary approval, it said in a statement on Sunday.
Petrobras is my top pick for 2026, upgraded from hold to buy, driven by macro, sector, and company-specific catalysts. PBR trades at a significant valuation discount to global peers, despite superior margins, returns, and double-digit dividend yields. Potential new oil discoveries at the Amazon River mouth could replicate the transformative impact of past pre-salt finds.
Brazil's Petrobras has purchased a 42.5% stake in an oil exploration field off the coast of Namibia, the state-run company said on Friday, seeking to tap new exploration frontiers in Africa to replenish oil reserves.
Brazil's oil regulator ANP authorized state-run oil firm Petrobras to resume drilling activities at the environmentally sensitive Foz do Amazonas region on Wednesday, a document seen by Reuters showed.