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Petroleo Brasileiro SA- Petrobras (PBR)
NYSE:PBR
RESEARCH TOOLSreports
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.88Last Year’s EPS
0.69Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -8.24%
|Next Earnings Date:May 12, 2025
Earnings Call Sentiment|Positive
Petrobras showed strong financial health with record cash generation, debt reduction, and successful production expansion. Despite facing external market challenges and accounting losses due to exchange rate variations, the company remains optimistic about future production increases and investment in profitable projects.Company Guidance
During Petrobras' Full Year 2024 earnings call, the company provided detailed guidance and insights into its financial and operational performance. In 2024, Petrobras generated over BRL 200 million in cash and paid BRL 102 billion in dividends, despite challenging conditions with lower Brent and diesel crack prices. The company increased its investments by 31% to $16 billion and reduced its debt to the lowest level since 2008. Petrobras reported a loss of BRL 17 billion in Q4, attributed to an accounting event related to exchange rate variations, which impacted debt but not the company's cash flow. The company also began operations of an FPSO in the Buzios field, boosting capacity by 225,000 barrels of oil per day, with expectations to increase production further. Petrobras advanced investments from 2025 to 2024, resulting in a higher present net value by approximately $2.2 billion over three years. The call highlighted Petrobras' strategic focus on increasing production, advancing investments, and maintaining financial health, with a planned increase of 100,000 barrels of oil per day in 2025. The company emphasized its commitment to sustainability, governance, and strategic investments in new projects, including exploration in the equatorial margin and other potential areas.Record Cash Generation
Petrobras generated over BRL 200 million in cash and paid over BRL 102 billion in dividends in 2024, with an operating cash flow of BRL 204 billion.
Investment and Debt Reduction
Investments increased by 31% to $16 billion, and financial debt was reduced to the lowest level since 2008, at $23.2 billion.
Successful Production Expansion
Operation of FPSO Almirante Tamandare in the Buzios field started, with capacity for 225,000 barrels of oil a day, marking Buzios as the largest deepwater operations field in the world.
Increase in Reserves
Petrobras produced 900 million barrels of oil and replenished 1.2 billion barrels to its reserves in 2024.
Refining and Sustainability Achievements
Record-breaking production in S10 diesel, and inclusion in the Dow Jones Index of Sustainability, highlighting achievements in governance, environmental, and social areas.
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PBR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PBR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $14.32 | $13.51 | -5.66% |
| Nov 07, 2024 | $12.60 | $12.78 | +1.43% |
| Aug 08, 2024 | $12.93 | $12.96 | +0.23% |
| May 13, 2024 | $15.14 | $14.83 | -2.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Petroleo Brasileiro SA- Petrobras (PBR) report earnings?
Petroleo Brasileiro SA- Petrobras (PBR) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is Petroleo Brasileiro SA- Petrobras (PBR) earnings time?
Petroleo Brasileiro SA- Petrobras (PBR) earnings time is at May 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PBR EPS forecast?
PBR EPS forecast for the fiscal quarter 2025 (Q1) is 0.88.
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