Petroleo Brasileiro Stock Bullish By 27% In The Last 21 Sessions

(VIANEWS) – Shares of Petroleo Brasileiro (NYSE: PBR) jumped by a staggering 27.58% in 21 sessions from $11.71 to $14.94 at 17:48 EST on Wednesday, after two successive sessions in a row of gains. NYSE is jumping 0.05% to $15,657.00, after two successive sessions in a row of losses.

Petroleo Brasileiro’s last close was $14.23, 12.81% under its 52-week high of $16.32.

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 $5.42.

PE Ratio

Petroleo Brasileiro has a trailing twelve months price to earnings ratio of 2.76. Meaning, the purchaser of the share is investing $2.76 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 43.44%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.8%, now sitting on 638.68B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Petroleo Brasileiro’s EBITDA is 1.02.

More news about Petroleo Brasileiro (PBR).

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