Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. The Exploration and Production segment explores for, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the its domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment engages in the logistic and trading of natural gas and electricity; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production business. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.
IPO Year:
Exchange: NYSE
Website: petrobras.com.br/pt
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/21/2024 | Buy → Hold | HSBC Securities | |
| 9/25/2024 | $16.50 → $19.00 | Neutral → Overweight | JP Morgan |
| 8/26/2024 | $18.00 → $20.00 | Equal-Weight → Overweight | Morgan Stanley |
| 6/27/2024 | Neutral → Buy | BofA Securities | |
| 5/15/2024 | Buy → Hold | Jefferies | |
| 3/25/2024 | $18.00 | Hold → Buy | HSBC Securities |
| 3/11/2024 | $20.00 → $18.00 | Overweight → Equal-Weight | Morgan Stanley |
| 3/8/2024 | $16.00 | Buy → Neutral | BofA Securities |
| 10/13/2023 | Hold → Buy | HSBC Securities | |
| 9/21/2023 | $21.20 | Buy | Jefferies |
SC 13G/A - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Subject)
6-K - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Filer)
6-K - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Filer)
6-K - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Filer)
6-K - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Filer)
6-K - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Filer)
6-K - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Filer)
6-K - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Filer)
6-K - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Filer)
6-K - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Filer)
6-K - PETROBRAS - PETROLEO BRASILEIRO SA (0001119639) (Filer)
HOUSTON, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ:KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services to the ocean industries, today announced results for the second quarter ended June 30, 2023. Highlights Signed a contract with Shell plc (NYSE:SHEL) for an initial project in the Gulf of Mexico Princess Field. Pending success, this contract could lead to multi-million dollars worth of additional contracts over the next few years.Signed a contract with Petrobras (NYSE:PBR), one of the world's largest energy companies, to deploy Aquanaut, the Company's autonomous subsea ro
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Ferguson plc (NYSE:FERG) is a “very, very good” company. However, he recommends Trane Technologies plc (NYSE:TT) or Carrier Global Corporation (NYSE:CARR) ‘in case you want HVAC (heating, ventilating, and air conditioning).’ On June 4, Ferguson reported third-quarter net sales of $7.308 billion. That’s 2.4% higher year over year, driven by volume improvement despite continued deflation of approximately 2%. KKR & Co. Inc. (NYSE:KKR) is the “foremost, the other one that I would recommend is Blackstone (NYSE:BX),” Cramer said. On July 8, TD Cowen analyst Bill Katz maintained KKR with a Buy and lowered the price target from $157 to
- Reuters
https://www.reuters.com/business/energy/oil-majors-show-interest-galps-namibia-oil-prospect-sources-say-2024-07-02/
B of A Securities analyst Caio Ribeiro upgrades Petrobras Brasileiro (NYSE:PBR) from Neutral to Buy and raises the price target from $16.8 to $17.9.
Brazilian oil giant Petroleo Brasileiro S.A.- Petrobras‘ (NYSE:PBR) new chief executive officer (CEO), Magda Chambriard, reportedly stated that the country’s president had tasked her with enhancing the nation’s economy while ensuring profitability at the oil company. During her formal installation on Wednesday, Chambriard emphasized that Petrobras’ vision for Brazil is in sync with the president’s priorities, reported Reuters. One of Chambriard’s primary objectives is accelerating Petrobras’ $102 billion investment plan for 2024-2028. As per the report, she emphasized that this initiative can potentially create “hundreds of thousands of jobs.” Following Wednesday’s event, Chambri
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HSBC Securities downgraded Petrobras from Buy to Hold
JP Morgan upgraded Petrobras from Neutral to Overweight and set a new price target of $19.00 from $16.50 previously
Morgan Stanley upgraded Petrobras from Equal-Weight to Overweight and set a new price target of $20.00 from $18.00 previously
BofA Securities upgraded Petrobras from Neutral to Buy
Jefferies downgraded Petrobras from Buy to Hold
HSBC Securities upgraded Petrobras from Hold to Buy and set a new price target of $18.00
Morgan Stanley downgraded Petrobras from Overweight to Equal-Weight and set a new price target of $18.00 from $20.00 previously
BofA Securities downgraded Petrobras from Buy to Neutral and set a new price target of $16.00
HSBC Securities upgraded Petrobras from Hold to Buy
Jefferies initiated coverage of Petrobras with a rating of Buy and set a new price target of $21.20
RIO DE JANEIRO, Sept. 16, 2024 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (NYSE:PBR) today announced (i) the settlement of the international capital markets offering of US$1.0 billion 6.000% Global Notes due 2035 (the "New Notes and such offering, the "New Notes Offering"), issued by its wholly-owned subsidiary, Petrobras Global Finance B.V. ("PGF") and (ii) the final results and settlement of the previously announced cash tender offers by PGF, with respect to any and all of PGF's outstanding notes of the series set forth in the table below (the "Notes" and such offers, the "Offers"). The terms of the New Notes are as follows: • Issue: 6.000% Global Notes due 2035 •
RIO DE JANEIRO, Sept. 10, 2024 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (NYSE:PBR) today announced the expiration and expiration date results of the previously announced cash tender offers (each, an "Offer" and collectively, the "Offers") by its wholly-owned subsidiary, Petrobras Global Finance B.V. ("PGF"), with respect to any and all of its notes of the series set forth in the table below (the "Notes" and such offers, the "Offers"). The following table sets forth certain information about the Offers, including the aggregate principal amount of Notes validly tendered and accepted for purchase in such Offers, and the aggregate principal amount of Notes reflected in
RIO DE JANEIRO, Sept. 3, 2024 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (NYSE:PBR) announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. ("PGF"), has commenced (i) an offering of a new series of U.S. dollar-denominated global notes in the international capital markets (the "New Notes"), subject to market and other conditions (the "New Notes Offering"), and (ii) cash tender offers to purchase any and all of certain of its outstanding U.S. dollar-denominated notes (the "Tender Notes" and such offers, the "Tender Offers"). New Notes Offering The New Notes will be unsecured obligations of PGF and will be fully, unconditionally and irrevocably guarant
Subsea production systems will help unlock access to pre-salt reserves in the prolific Santos Basin Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240801283987/en/SLB OneSubsea manufacturing facility in Curitiba, Brazil. (Photo: Business Wire) SLB (NYSE:SLB) has announced a major contract award by Petrobras (NYSE:PBR), following a competitive tender, to its OneSubsea™ joint venture for their standardized, pre-salt subsea production systems and related services. The scope covers the further development of two oil fields in the strategically important Santos Basin. As part of the second development of the Atap
Electric and digital-ready completions will support Petrobras' move toward production system electrification, increasing completion reliability and improving production availability SLB (NYSE:SLB) has been awarded three contracts by Petrobras (NYSE:PBR) for completion hardware and services for up to 35 subsea wells in the development of Petrobras' offshore Buzios Wave II oilfield. The scope of the contract includes SLB's full bore electric interval control valves and electric subsurface safety valves. The award is a catalyst toward full production system electrification for Petrobras, improving production availability via more reliable completions. This press release features multimedia.
HOUSTON, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ:KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services to the ocean industries, today announced results for the second quarter ended June 30, 2023. Highlights Signed a contract with Shell plc (NYSE:SHEL) for an initial project in the Gulf of Mexico Princess Field. Pending success, this contract could lead to multi-million dollars worth of additional contracts over the next few years.Signed a contract with Petrobras (NYSE:PBR), one of the world's largest energy companies, to deploy Aquanaut, the Company's autonomous subsea ro
-Contract Leads to Potential Market worth over $100 Million Per Year--Expands Nauticus' International Presence to South America- HOUSTON, June 23, 2023 (GLOBE NEWSWIRE) -- Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ:KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, today announced that it has been awarded a contract with Petrobras (NYSE:PBR), one of the world's largest energy companies, to deploy Aquanaut, the Company's autonomous subsea robot, to support Petrobras' offshore activities. Petrobras has ramped up efforts recently in robotics and artificial intelligence and is pionee
RIO DE JANEIRO, July 15, 2022 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (NYSE:PBR) today announced the final results and settlement of the previously announced cash tender offers by its wholly-owned subsidiary, Petrobras Global Finance B.V. ("PGF"), with respect to any and all of PGF's outstanding notes of the series set forth in the table below (the "Notes" and such offers, the "Offers"). The following tables set forth the aggregate principal amount of Notes validly tendered and accepted for purchase in the Offers: Tender Group 1 Title of Security CUSIP/ISIN Principal Amount Tendered and Accepted 6.250% Global Notes Due March 2024 71647NAM1 / US71647NAM11 US$23,142
RIO DE JANEIRO, July 13, 2022 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (NYSE:PBR) today announced the expiration and expiration date results of the previously announced cash tender offers (each, an "Offer" and collectively, the "Offers") by its wholly-owned subsidiary, Petrobras Global Finance B.V. ("PGF"), with respect to any and all of (i) its notes of the series set forth in the table below under the heading "Tender Group 1" and (ii) its notes of the series set forth in the table below under the heading "Tender Group 2." Tender Group 1 and Tender Group 2 are referred to herein individually as a "Tender Group" and collectively as the "Tender Groups." The notes f
RIO DE JANEIRO, July 12, 2022 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (NYSE:PBR) today announced the consideration for the previously announced cash tender offers (each, an "Offer" and collectively, the "Offers") by its wholly-owned subsidiary, Petrobras Global Finance B.V. ("PGF"), with respect to any and all of (i) its notes of the series set forth in the table below under the heading "Tender Group 1" and (ii) its notes of the series set forth in the table below under the heading "Tender Group 2,". Tender Group 1 and Tender Group 2 are referred to herein individually as a "Tender Group" and collectively as the "Tender Groups." The notes for each Tender Group ar