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18.91 (1y: -5%)
Market Cap 122.35 B P/E(ttm) 11.00
Enterprise Value 271.84 B P/B
PBR- NYSE (USA)
Petroleo Brasileiro SA Petrobras
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$18.91
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GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt No Debt
PBR's Cash to Debt is ranked lower than
70% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.52 vs. PBR: No Debt )
PBR' s 10-Year Cash to Debt Range
Min: 0.23   Max: No Debt
Current: No Debt
Interest Coverage No Debt
PBR's Interest Coverage is ranked lower than
67% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 93.20 vs. PBR: No Debt )
PBR' s 10-Year Interest Coverage Range
Min: 13   Max: No Debt
Current: No Debt
F-Score: 4
Z-Score: 1.44
M-Score: -2.87
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry		 vs
history
Operating margin (%) 13.30
PBR's Operating margin (%) is ranked higher than
74% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 11.45 vs. PBR: 13.30 )
PBR' s 10-Year Operating margin (%) Range
Min: 13.3   Max: 35.6
Current: 13.3
13.3
35.6
Net-margin (%) 7.5
PBR's Net-margin (%) is ranked higher than
77% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 7.00 vs. PBR: 7.5 )
PBR' s 10-Year Net-margin (%) Range
Min: 4.4   Max: 21.3
Current: 7.5
4.4
21.3
Revenue Growth (%) -10.8
PBR's Revenue Growth (%) is ranked higher than
79% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.80 vs. PBR: -10.8 )
PBR' s 10-Year Revenue Growth (%) Range
Min: -24.2   Max: 25.4
Current: -10.8
-24.2
25.4
EBITDA Growth (%) -19.3
PBR's EBITDA Growth (%) is ranked higher than
81% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 2.15 vs. PBR: -19.3 )
PBR' s 10-Year EBITDA Growth (%) Range
Min: -24.2   Max: 24.1
Current: -19.3
-24.2
24.1
EPS Growth (%) -16.5
PBR's EPS Growth (%) is ranked lower than
65% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 3.80 vs. PBR: -16.5 )
PBR' s 10-Year EPS Growth (%) Range
Min: -16.5   Max: 45.1
Current: -16.5
-16.5
45.1
» PBR's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

PBR Guru Trades in Q2 2012

Howard Marks 180,129 sh (New)
Bruce Kovner 1,784,100 sh (New)
Steven Cohen 237,251 sh (+1569.72%)
David Dreman 186,886 sh (+55.45%)
Brian Rogers 3,000,000 sh (+36.36%)
Jeff Auxier 19,800 sh (unchged)
Jean-Marie Eveillard 200 sh (unchged)
PRIMECAP Management 430,000 sh (unchged)
Ken Fisher Sold Out
Scott Black Sold Out
John Buckingham 84,597 sh (-0.02%)
Jeremy Grantham 7,015,017 sh (-18.87%)
Pioneer Investments 105,296 sh (-45.67%)
Louis Moore Bacon 290,000 sh (-55.04%)
» More
Q3 2012

PBR Guru Trades in Q3 2012

Ken Fisher 17,914,836 sh (New)
Howard Marks 304,996 sh (+69.32%)
Brian Rogers 3,500,000 sh (+16.67%)
David Dreman 199,741 sh (+6.88%)
Jean-Marie Eveillard 200 sh (unchged)
Jeff Auxier 19,800 sh (unchged)
Pioneer Investments 105,296 sh (unchged)
PRIMECAP Management 430,000 sh (unchged)
Louis Moore Bacon 290,000 sh (unchged)
Jeremy Grantham 6,567,317 sh (-6.38%)
John Buckingham 76,380 sh (-9.71%)
Steven Cohen 11,773 sh (-95.04%)
Bruce Kovner 24,700 sh (-98.62%)
» More
Q4 2012

PBR Guru Trades in Q4 2012

Steven Cohen 6,577,215 sh (+55766.9%)
David Dreman 248,815 sh (+24.57%)
Howard Marks 315,855 sh (+3.56%)
Louis Moore Bacon 290,000 sh (unchged)
Brian Rogers 3,500,000 sh (unchged)
PRIMECAP Management 430,000 sh (unchged)
George Soros 700,000 sh (unchged)
Jean-Marie Eveillard 200 sh (unchged)
Pioneer Investments 105,296 sh (unchged)
Jeremy Grantham 1,633,292 sh (unchged)
Bruce Kovner Sold Out
John Buckingham 76,030 sh (-0.46%)
Jeff Auxier 18,700 sh (-5.56%)
Ken Fisher 12,698,290 sh (-29.12%)
» More
Q1 2013

PBR Guru Trades in Q1 2013

Jim Simons 447,800 sh (New)
RS Investment Management 643,234 sh (New)
Ray Dalio 122,500 sh (New)
David Dreman 259,518 sh (+4.3%)
Jean-Marie Eveillard 200 sh (unchged)
Brian Rogers 3,500,000 sh (unchged)
Howard Marks 315,855 sh (unchged)
Pioneer Investments 105,296 sh (unchged)
Louis Moore Bacon 290,000 sh (unchged)
Jeff Auxier 18,700 sh (unchged)
PRIMECAP Management 430,000 sh (unchged)
John Buckingham Sold Out
Jeremy Grantham 1,203,692 sh (-26.3%)
Steven Cohen 113,368 sh (-98.28%)
Ken Fisher 163,261 sh (-98.71%)
» More
» Details

Insider Trades

Latest Guru Trades with PBR

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ken Fisher 2013-03-31 Reduce -98.71%0.7%$14.45 - $20.37 $ 18.918%163261
Ray Dalio 2013-03-31 New Buy0.02%$14.45 - $20.37 $ 18.918%122500
Ken Fisher 2012-12-31 Reduce -29.12%0.32%$17.97 - $23.15 $ 18.91-8%12698290
David Dreman 2012-12-31 Add 24.57%0.03%$17.97 - $23.15 $ 18.91-8%248815
Ken Fisher 2012-09-30 New Buy1.1%$18.68 - $24.18 $ 18.91-10%17914836
Scott Black 2012-06-30 Sold Out 0.15%$17.54 - $26.47 $ 18.91-12%0
Brian Rogers 2012-06-30 Add 36.36%0.07%$17.54 - $26.47 $ 18.91-12%3000000
Ken Fisher 2012-06-30 Sold Out 0.03%$17.54 - $26.47 $ 18.91-12%0
David Dreman 2012-06-30 Add 55.45%0.03%$17.54 - $26.47 $ 18.91-12%186886
Premium More recent guru trades are included for Premium Members only!!

Preferred stocks of Petroleo Brasileiro SA Petrobras

SymbolPriceYieldDescription
XPBRA.Spain7.611.89
PJXB.Germany7.511.63

Top Ranked Articles about Petroleo Brasileiro SA Petrobras

Ken Fisher Sits Out This Dance: Reducing Stocks in Latin America
April 10, 2013
Ken Fisher - Ken Fisher Sits Out This Dance: Reducing Stocks In Latin America
As for companies in countries known for their dances — salsa, cumbia and samba — Guru Ken Fisher is now dancing to another tune, his own, after some long holding periods with three stocks that have not shown gains. Guru Ken Fisher is the CEO and chief investment officer of Fisher Investments and author of Forbes' prestigious "Portfolio Strategy" column for over two decades. Read more...
Third Avenue Management Comments on Encana
March 6, 2013
Fund Management added to its position in Encana Common (ECA) following the company's announcement of a C$2.2 billion joint venture with PetroChina (PBR). In this transaction, Encana sold a 49.9% non-operating stake in its undeveloped Duvernay land holdings in Alberta in exchange for C$1.2 billion in cash up front and C$1 billion in the form of a drilling carry that will result in PetroChina funding 75% of the development costs over the next four years. As a result, Encana ended the year with a very strong financial position that includes more than C$3 billion in cash. Read more...
Guru Stocks at 52-Week Lows: PBR, VMW, FE, COH, CPL
February 12, 2013
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. Read more...
Weekly 3-Year Low Stocks: PBR, NJ, DWA, DXR
February 10, 2013
According to GuruFocus list of 3-year lows, Petroleo Brasileiro SA Petrobras, Nidec Corporation, Daxor Corp and Dreamworks Animation SKG Inc have all reached their three-year lows. Read more...
Guru Stocks at 52-Week Low: VOD, PBR, INTC, MCD
December 3, 2012
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. [b] Read more...
Guru Stocks at 52-Week Lows: PBR, DCM, NTT, HPQ, TSCDY
June 17, 2012
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 11.00
PBR's P/E(ttm) is ranked lower than
95% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 10.44 vs. PBR: 11.00 )
PBR' s 10-Year P/E(ttm) Range
Min: 2.05   Max: 116.23
Current: 11
2.05
116.23
P/S 0.82
PBR's P/S is ranked lower than
58% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.78 vs. PBR: 0.82 )
PBR' s 10-Year P/S Range
Min: 0.29   Max: 2.22
Current: 0.82
0.29
2.22
PFCF 5.70
PBR's PFCF is ranked lower than
137% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 27.03 vs. PBR: 5.70 )
PBR' s 10-Year PFCF Range
Min: 1.38   Max: 381.5
Current: 5.7
1.38
381.5
EV-to-EBIT 15.2
PBR's EV-to-EBIT is ranked higher than
81% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 7.20 vs. PBR: 15.2 )
PBR' s 10-Year EV-to-EBIT Range
Min: 0.9   Max: 39
Current: 15.2
0.9
39
PEG 2.4
PBR's PEG is ranked lower than
100% of the 41 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.15 vs. PBR: 2.4 )
PBR' s 10-Year PEG Range
Min: 0.18   Max: 21.94
Current: 2.4
0.18
21.94
Shiller P/E 5.9
PBR's Shiller P/E is ranked higher than
93% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 9.04 vs. PBR: 5.9 )
PBR' s 10-Year Shiller P/E Range
Min: 4.69   Max: 36.74
Current: 5.9
4.69
36.74

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.64
PBR's Dividend Yield is ranked lower than
72% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 3.13 vs. PBR: 0.64 )
PBR' s 10-Year Dividend Yield Range
Min: 0.04   Max: 32.44
Current: 0.64
0.04
32.44
Dividend growth (3y) 59.8
PBR's Dividend growth (3y) is ranked higher than
65% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 5.10 vs. PBR: 59.8 )
PBR' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 59.8
Current: 59.8
0
59.8
Yield on cost (5-Year) 1.03
PBR's Yield on cost (5-Year) is ranked lower than
79% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 3.57 vs. PBR: 1.03 )
PBR' s 10-Year Yield on cost (5-Year) Range
Min: 0.06   Max: 47.67
Current: 1.03
0.06
47.67
Share Buyback Rate -26.8
PBR's Share Buyback Rate is ranked higher than
98% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: -0.30 vs. PBR: -26.8 )
PBR' s 10-Year Share Buyback Rate Range
Min: 13.5   Max: -36.4
Current: -26.8

Valuation & Return

vs
industry		 vs
history
Price/DCF (Projected) 1.2
PBR's Price/DCF (Projected) is ranked higher than
74% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 1.15 vs. PBR: 1.2 )
PBR' s 10-Year Price/DCF (Projected) Range
Min: 1.3   Max: 8.3
Current: 1.2
1.3
8.3
Price/Median PS Value 1
PBR's Price/Median PS Value is ranked higher than
74% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 0.90 vs. PBR: 1 )
PBR' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 2.3
Current: 1
0.4
2.3
Earnings Yield (Greenblatt) 6.60
PBR's Earnings Yield (Greenblatt) is ranked higher than
86% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 14.30 vs. PBR: 6.60 )
PBR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.6   Max: 108.6
Current: 6.6
2.6
108.6
Forward Rate of Return (Yacktman) -10.34
PBR's Forward Rate of Return (Yacktman) is ranked higher than
51% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 5.87 vs. PBR: -10.34 )
PBR' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -10.7   Max: 36.1
Current: -10.34
-10.7
36.1

Business Description

Petroleo Brasileiro S.A. was incorporated in 1953. It was formed to conduct the Brazilian government's hydrocarbon activities. It began operations in 1954 and for approximately forty years carried out crude oil and natural gas production and refining activities in Brazil on behalf of the government. It is an integrated oil and gas company in Brazil and in Latin America who is the supplier of crude oil and oil products. In Latin America, its operations extend from exploration and production to refining, marketing, retail services and natural gas pipelines. In North America, it produces oil and gas and has refining operations in the United States. In Africa, it produces oil in Angola and Nigeria, and in Asia, it has refining operations in Japan. In other countries, it is engaged only in oil and gas exploration. Its activities comprise five business segments: Exploration and Production: oil and gas exploration, development and production in Brazil; Supply: downstream activities in Brazil, including refining, oil products and crude oil exports and imports, petrochemicals and fertilizers; Distribution: distribution of oil products to wholesalers and through its 'BR' retail network in Brazil; Gas and Energy: gas transmission and distribution, electric power generation using natural gas and renewable energy sources and biofuel operations in Brazil; and International: exploration and production, supply (downstream activities including refining, petrochemicals and fertilizers), distribution and natural gas and energy operations outside of Brazil. The Company conducts exploration, development and production activities in Brazil through concession contracts, which it obtains through participation in bid rounds conducted by the ANP. Its domestic oil and gas exploration and production efforts are mainly focused on three basins offshore in Southeastern Brazil: Campos, Espirito Santo and Santos. It produces hydrocarbons and hold exploration acreage in eight other basins in Brazil. Its petrochemicals operations provide a growing market for the crude oil and other hydrocarbons it produces increase its value added and provide domestic sources for products that would otherwise be imported. Its natural gas business comprises three activities: transportation (building and operating natural gas pipeline networks in Brazil); equity participation in distribution companies that sell natural gas to end-users; and commercialization (purchase and resale). PifCo was incorporated in order to facilitate and finance the import of crude oil and oil products by the Company into Brazil, and has been its wholly owned subsidiary since 2000. Under Brazilian law, the Brazilian government owns all crude oil and natural gas reserves in Brazil.
Company Website
Industry: Oil & Gas Integrated
Compare:XOM, RDS.B, CVX, EC, OGZPY
Traded in other countries:XPBR.Spain, XPBRA.Spain, PJXA.Germany, PJXC.Germany, PJX.Germany, PJXB.Germany

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