Petroleo Brasileiro S.A. Petrobras ADS
PBR · NYSE
- $18.72
- $118.32B
- Open
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- $18.98 - $18.30
- $22.24 - $11.43
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- 14.92M
About Petroleo Brasileiro S.A. Petrobras ADS
Petrobras is an integrated oil and gas company that produces hydrocarbons and processes them into fuels. Its upstream production and downstream refining and fuel activities are the clearest businesses in the supplied evidence, while no segment revenue split is provided, so their relative contributions cannot be quantified. The company serves fuel and broader energy markets, with pricing, refinery operations and production volumes affecting its results. Petrobras reports substantial scale: FY2010 revenue was $150.9 billion and net income was $19.5 billion, compared with $115.9 billion and $16.8 billion, respectively, in FY2009. Current revenue, earnings and operating scale are not supplied.
Notable Price Movement
- Aug 3-7$18.723.51%
Petrobras ADS rose 3.60% over the supplied week, from $18.07 to $18.72. The move was front-loaded: shares climbed from $18.07 on July 28 to $19.40 by July 31, including a 2.88% gain on July 29 when Petrobras rose while the broader market dipped. The evidence points to investor attention and anticipation of Q2 earnings, with Zacks highlighting strong production growth as a potential support. That advance then reversed, as the stock fell to $19.06 on August 3 and $18.72 on August 4, giving back most of the prior rally. Zacks also flagged fuel pricing, refinery maintenance and higher spending as potential tests, but the evidence does not identify a specific company announcement behind the pullback.
