Less Than One Hour Before The Market Open, Petroleo Brasileiro Is Down By 13%

(VIANEWS) – The NYSE opens in less than one hour and Petroleo Brasileiro‘s pre-market value is already 13.11% down.

Petroleo Brasileiro’s last close was $16.70, 6.76% below its 52-week high of $17.91.

The last session, NYSE finished with Petroleo Brasileiro (PBR) jumping 0.06% to $16.70. NYSE jumped 0.71% to $17,927.62, after two consecutive sessions in a row of gains, on what was a somewhat positive trend exchanging session.

About Petroleo Brasileiro

Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. It also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production and natural gas processing business. In addition, the company produces biodiesel and its co-products, and ethanol; and distributes oil products. Further, it engages in research, development, production, transport, distribution, and trading of energy. Petróleo Brasileiro S.A. – Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.

Earnings Per Share

As for profitability, Petroleo Brasileiro has a trailing twelve months EPS of $4.12.

PE Ratio

Petroleo Brasileiro has a trailing twelve months price to earnings ratio of 4.05. Meaning, the purchaser of the share is investing $4.05 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 36.11%.

Sales Growth

Petroleo Brasileiro’s sales growth is negative 10.6% for the present quarter and negative 1.4% for the next.

Yearly Top and Bottom Value

Petroleo Brasileiro’s stock is valued at $16.70 at 09:02 EST, under its 52-week high of $17.91 and way above its 52-week low of $9.56.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Petroleo Brasileiro’s EBITDA is 11.41.

More news about Petroleo Brasileiro (PBR).

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