Petroleo Brasileiro SA Petrobras (PBR): Today's Featured Energy Loser

Petroleo Brasileiro SA Petrobras (PBR) pushed the Energy industry lower today making it today's featured Energy loser. The industry as a whole closed the day down 2%. By the end of trading, Petroleo Brasileiro SA Petrobras fell $1.15 (-4.9%) to $22.15 on heavy volume. Throughout the day, 26.6 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 13.3 million shares. The stock ranged in price between $21.89-$23.20 after having opened the day at $23.17 as compared to the previous trading day's close of $23.30. Other company's within the Energy industry that declined today were: Endeavour International (END), down 10%, Royale Energy (ROYL), down 9.6%, Magnum Hunter Resources (MHR), down 9.4%, and Cal Dive International (DVR), down 9%.

Petroleo Brasileiro S.A. primarily engages in oil and natural gas exploration and production, refining, trade, and transportation businesses. Petroleo Brasileiro SA Petrobras has a market cap of $155.62 billion and is part of the basic materials sector. The company has a P/E ratio of 7.7, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 5.4% year to date as of the close of trading on Thursday. Currently there is one analyst that rates Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself.

• You can view the full Petroleo Brasileiro SA Petrobras Ratings Report.

On the positive front, Equal Energy (EQU), up 9.5%, YPF Sociedad Anonima (YPF), up 8.5%, Gasco Energy (GSX), up 6.8%, and Lucas Energy (LEI), up 4.8%, were all gainers within the energy industry with SandRidge Energy (SD) being today's featured energy industry winner.

• Use our energy section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR (XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas (DDG).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Petroleo Brasileiro SA Petrobras click any of the following:

• Petroleo Brasileiro SA Petrobras Stock Price

• Petroleo Brasileiro SA Petrobras Analyst Ratings

• Petroleo Brasileiro SA Petrobras Key Stats & Profile

• Petroleo Brasileiro SA Petrobras Earnings

• Petroleo Brasileiro SA Petrobras Ratio Comparison

• Petroleo Brasileiro SA Petrobras Growth Rates

• Petroleo Brasileiro SA Petrobras Balance Sheet

• Petroleo Brasileiro SA Petrobras Cash Flow

• Petroleo Brasileiro SA Petrobras Income Statement