Petrobras Reports Q1 2025 Revenue Decline Amidst Lower Oil Prices

The latest announcement is out from Petroleo Brasileiro SA- Petrobras ( (PBR) ).

In the first quarter of 2025, Petrobras reported a decrease in sales revenues by 11.3% compared to the same period in 2024, totaling $21,073 million. This decline was mainly attributed to reduced revenues from domestic oil products and decreased crude oil export revenues, influenced by lower international prices for diesel, gasoline, and Brent crude. Despite the revenue drop, the company saw a 24.9% increase in net income attributable to shareholders, reaching $5,974 million, indicating improved profitability amidst challenging market conditions.

The most recent analyst rating on (PBR) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Petroleo Brasileiro SA- Petrobras stock, see the PBR Stock Forecast page.

Spark’s Take on PBR Stock

According to Spark, TipRanks’ AI Analyst, PBR is a Neutral.

Petrobras shows solid financial performance with strong profitability and a stable balance sheet. However, challenges such as declining revenue, free cash flow growth, and increasing debt levels weigh on the outlook. Technical indicators suggest caution, while valuation metrics appear favorable due to a low P/E ratio and high dividend yield. The earnings call highlights strategic focus and resilience in a challenging oil price environment, balancing near-term risks with long-term opportunities.

To see Spark’s full report on PBR stock, click here.

More about Petroleo Brasileiro SA- Petrobras

Petrobras, formally known as Petróleo Brasileiro S.A., is a Brazilian multinational corporation in the petroleum industry. The company is primarily involved in the exploration, production, refining, and transportation of oil and gas products. Petrobras is a significant player in the global energy market, with a focus on both domestic and international markets.

Average Trading Volume: 23,488,319

Technical Sentiment Signal: Hold

Current Market Cap: $74.33B

See more data about PBR stock on TipRanks’ Stock Analysis page.