- Petrobras reported an adjusted Ebitda of R$40.97 billion, which fell short of the estimated R$61.87 billion.
- The company’s sales were R$121.27 billion, below the anticipated R$126.06 billion.
- Petrobras achieved an adjusted Ebitda margin of 34%.
- The net debt to adjusted Ebitda ratio was reported at 1.29 times, compared to an estimated 1.17 times.
- Free cash flow for the quarter was R$21.70 billion.
- Net debt stood at $52.24 billion, which exceeded the forecast of $47.98 billion.
- Capital expenditure for the quarter amounted to $5.73 billion.
- Analyst recommendations included 10 buys and 2 holds, with no sells noted.
A look at Petroleo Brasileiro Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
The long-term outlook for Petroleo Brasileiro S.A. (Petrobras) is generally positive based on the Smartkarma Smart Scores evaluation. With a high Dividend score of 5, investors can expect consistent and attractive dividend payments from the company. Additionally, Petrobras scores well in terms of Momentum with a score of 4, indicating strong market performance trends that may continue in the future.
However, while Petrobras shows strength in Dividends and Momentum, it has average scores in Value, Growth, and Resilience, with scores of 3 for each. This suggests that there may be areas where the company could further improve to enhance its overall long-term performance and competitiveness in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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