Brazil's state-run oil firm Petrobras will have a drillship in Foz do Amazonas in January to start work on three new wells, Renata Baruzzi, director of engineering, technology and innovation, said on Tuesday.

Petrobras is executing a high-margin Pre-salt strategy, with gross margins expanding to 58.0% in 2026Q2 and net income reaching $10.4B, driven by low lifting costs and operating leverage. However, the balance sheet remains strained with a current ratio of 0.85...
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Revenue rebounded sharply to $33.6B in 2026Q2 (up 59.8% YoY) with gross margin at 58.0% and net margin at 31.0%, though prior quarters showed volatility including a -13.4% net margin in 2024Q4.
PBR's trailing and forward P/E ratios are low, indicating potential undervaluation relative to earnings.
Multiple investment research platforms have published bullish theses on Petrobras, highlighting its investment potential.
The forward P/E ratio suggests expectations of robust future earnings growth for Petrobras.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 6, 2026 | $1.62+6.6% vs $1.52 | $33.6B+6.8% vs $31.5B |
Q2 2026 May 11, 2026 | $0.96-5.9% vs $1.02 | $23.5B-11.3% vs $26.5B |
Q2 2026 Mar 5, 2026 | $0.72+26.3% vs $0.57 | $23.6B+2.2% vs $23.1B |
Q4 2025 Nov 6, 2025 | $0.82+3.8% vs $0.79 | $23.5B-0.4% vs $23.6B |
Brazil's state-run oil firm Petrobras will have a drillship in Foz do Amazonas in January to start work on three new wells, Renata Baruzzi, director of engineering, technology and innovation, said on Tuesday.

PBR expands in Ivory Coast with eight offshore blocks, boosting African exploration footprint as it seeks to replenish reserves.
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Brazilian state-run oil firm Petrobras said on Saturday that its board approved the company's participation in a new government subsidy program for diesel oil producers, worth 1.00 real ($0.19) per liter for 30 days.
Benchmark PBR against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Petróleo Brasileiro S.A. - Petrobras (PBR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $20.76 | $133.79B | 6.78 | -3.62% | 22.37% | 29.08% | 6.17% | |
| $158.69 | $657.76B | 23.69 | -4.52% | 9.07% | 12.34% | — | |
| $202.43 | $403.16B | 30.53 | -4.64% | 9.87% | 10.66% | — | |
| $93.93 | $261.89B | 15.66 | -6.13% | 8.76% | 14.64% | — | |
| $43.10 | $112.54B | 2112.75 | 0.08% | 2.51% | 7.19% | — | |
| $89.85 | $200.1B | 15.55 | -6.78% | 9.07% | 14.5% | — |
Petróleo Brasileiro S.A. - Petrobras (PBR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Petróleo Brasileiro S.A. - Petrobras (PBR) stock FAQ — growth, dividends, profitability & financials explained
Petróleo Brasileiro S.A. - Petrobras (PBR) reported $104.22B in revenue for fiscal year 2025. This represents a 537% increase from $16.36B in 1999.
Petróleo Brasileiro S.A. - Petrobras (PBR) saw revenue decline by 3.6% over the past year.
Yes, Petróleo Brasileiro S.A. - Petrobras (PBR) is profitable, generating $25.55B in net income for fiscal year 2025 (22.4% net margin).
Yes, Petróleo Brasileiro S.A. - Petrobras (PBR) pays a dividend with a yield of 6.17%. This makes it attractive for income-focused investors.
Petróleo Brasileiro S.A. - Petrobras (PBR) has a return on equity (ROE) of 29.1%. This is excellent, indicating efficient use of shareholder capital.
Petróleo Brasileiro S.A. - Petrobras (PBR) generated $18.68B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.