Stock Taper 
| DATE | TYPE | RATIO |
|---|---|---|
| 2008-05-08 | Forward | 2:1 |
| 2007-07-02 | Forward | 2:1 |
Petrobras explores, produces, refines, and sells oil, gas, and related products globally across segments including exploration, refining, gas, power, and biofuels, with operations in Brazil and internationally.
Diesel R is a sustainable renewable diesel produced by co-processing petroleum with vegetable or animal oils, supporting Petrobras's shift to lower-carbon fuels and advancing its BioRefining Program for a greener energy transition.
In August 2025, the appointment of Bruno Moretti, a political ally of Brazilian President Luiz Inácio Lula da Silva, as the new chairman of Petrobras's board of directors triggered a significant negative reaction from the market. The move sparked widespread concern among investors regarding increased government intervention in the state-controlled oil company, leading to fears of shifts in corporate strategy that could prioritize political objectives over shareholder returns.
Petrobras initiated its 2025-2029 strategic plan, totaling $111 billion, which includes a landmark $16.3 billion for low-carbon initiatives—a 42% increase from the previous plan. This marks a significant shift from planning to execution in its energy transition strategy, focusing on decarbonizing operations, Carbon Capture, Utilization, and Storage (CCUS), and biofuels, while continuing to heavily invest in its core pre-salt oil and gas exploration and production.
Petróleo Brasileiro remains a Buy, with a $29 price target by October 2027, driven by political catalysts and strong fundamentals. PBR trades at 5x forward earnings with a nearly 9% yield, outperforming US majors on valuation and recent total return. Bolsonaro's potential presidency could remove export taxes and improve governance, but fuel price intervention remains a risk under any government.
Brazilian state-run oil company Petrobras said on Friday it had made a new oil discovery in ultra-deep waters off Amapa state, an area known as equatorial margin that it considers its most promising new oil frontier.
Overall rating: A
| PEER | PRICE | |
|---|---|---|
 EQNR | $41.61 | COMPARE |
 CNQ | $47.28 | COMPARE |
 WMB | $71.34 | COMPARE |
 SU | $68.19 | COMPARE |
 EPD | $36.85 | COMPARE |
 E | $54.10 | COMPARE |
 EOG | $143.48 | COMPARE |
 ET | $20.72 | COMPARE |
