Last R$17.00 BRL
Change Today +0.02 / 0.12%
Volume 11.1M
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As of 4:07 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

petrobras - petroleo bras (PETR3) Snapshot

Open
R$16.95
Previous Close
R$16.98
Day High
R$17.11
Day Low
R$16.61
52 Week High
11/18/13 - R$20.35
52 Week Low
03/18/14 - R$12.01
Market Cap
228.9B
Average Volume 10 Days
6.6M
EPS TTM
R$1.63
Shares Outstanding
7.4B
EX-Date
04/3/14
P/E TM
10.4x
Dividend
--
Dividend Yield
3.17%
Current Stock Chart for PETROBRAS - PETROLEO BRAS (PETR3)

petrobras - petroleo bras (PETR3) Details

Petróleo Brasileiro S.A. – Petrobras operates as an integrated oil and gas company in Brazil and internationally. Its Exploration and Production segment is engaged in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; sale and transfer of crude oil in domestic and foreign markets; and sale of oil products produced at natural gas processing plants. The company’s Refining, Transportation, and Marketing segment is involved in the refining, logistics, transport, and trading of crude oil and oil products, as well as exports ethanol and invests in petrochemical companies. This segment is also engaged in the extraction and processing of shale. This segment’s products include gasoline, diesel, and residential liquefied petroleum gas. The company’s Gas and Power segment is engaged in the transportation and trade of natural gas; transportation and trade of liquid natural gas; generation and trade of electricity; holding interests in natural gas distribution and thermoelectric power stations; and fertilizer business. Its Biofuel segment is involved in the production of biodiesel and its co-products, as well as in the production and marketing of ethanol, sugar, and the electric power generated from sugarcane bagasse. The company’s Distribution segment distributes oil products, ethanol, and vehicle natural gas in Brazil to retail, commercial, and industrial customers, as well as other fuel wholesalers. Its International segment is engaged in the exploration, production, refining, transportation, marketing, and distribution of gas and power in the Americas, Africa, Europe, and Asia. As of December 31, 2013, the company had proved developed oil and gas reserves of 7,605.8 million barrels of oil equivalent (mmboe) and proved undeveloped reserves of 4,934.5 mmboe in Brazil. Petróleo Brasileiro S.A. - Petrobras was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.

66,919 Employees
Last Reported Date: 05/9/14
Founded in 1953

petrobras - petroleo bras (PETR3) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

petrobras - petroleo bras (PETR3) Key Developments

Petr leo Brasileiro S.A. Petrobras Announces Production Results for June 2014

Petr leo Brasileiro S.A. Petrobras announced that oil production in the fields operated by Petrobras in the Santos and Campos Basins pre-salt areas has exceeded 500,000 barrels per day (bpd) reaching 520,000 bpd on June 24 a new daily production record. Of this volume, 78% (406,000 bpd) corresponds to Petrobras' share while the remainder corresponds to the contribution of partner companies in the various areas of production in the pre-salt layer. The production of 520,000 barrels per day was achieved only eight years after the first pre-salt oil discovery which took place in 2006. Petrobras achieved this historic landmark with only 25 production wells. Average pre-salt production accounted for 22% of the total production operated by Petrobras in May in Brazil. From 2010 to 2014, average daily production from the pre-salt reservoirs increased by ten times, rising from 41,000 barrels (2010 average) to 520,000 barrels per day. Of the 25 wells in operation in this area, ten are located in Santos Basin, which accounts for 53% of the pre-salt production (274,000 barrels per day). The remaining 15 wells are located in Campos Basin and account for the remaining 47% (246,000 barrels per day). Accumulated production in the pre-salt region has already surpassed 360 million barrels of oil equivalent. Nine platforms, four of which produce exclusively in the pre-salt layer, operate in this region. They include FPSO Cidade de Angra dos Reis (in production since October 2010 in Lula field, Santos Basin), FPSO Cidade de Anchieta (in operation since September 2012 in Baleia Azul field, Campos Basin), as well as FPSO Cidade de S o Paulo (operations began in January 2013 in Sapinho field, Santos Basin) and FPSO Cidade de Paraty (in production since June 2013 in the Lula Nordeste area, also in Santos Basin).

Petróleo Brasileiro S.A. - Petrobras Announces Operating Results for the Month of May 2014 in Brazil

Petrobras announced that its May oil production in Brazil averaged 1,975,000 barrels per day (bpd), up 2.2% from April's production of 1,933,000 bpd. Including the production operated by Petrobras for its partners in Brazil, the volume reached 2,092,000 bpd, up 2.9% from last month's production of 2,034,000 bpd. The company's oil and natural gas production in Brazil in the same month was 2,387,000 barrels of oil equivalent per day (boed), indicating a 2.2% rise from April (2,335,000 boed). Including the production operated by Petrobras for its partner companies in Brazil, the volume reached 2,558,000 boed, up 2.9% from April's production of 2,487,000 boed.

Petrobras To Sell Non-Core Assets

Petrobras is planning to raise $5 billion to $11 billion with non-core asset sales through 2018.

 

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Industry Analysis

PETR3

Industry Average

Valuation PETR3 Industry Range
Price/Earnings 11.5x
Price/Sales 0.8x
Price/Book 0.7x
Price/Cash Flow 4.0x
TEV/Sales NM Not Meaningful
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