Petroleo Brasileiro SA Petrobras (PBR.A): Today's Featured Energy Loser
Petroleo Brasileiro SA Petrobras
(
) pushed the Energy industry lower today making it today's featured Energy loser. The industry as a whole closed the day up 0.2%. By the end of trading, Petroleo Brasileiro SA Petrobras fell 15 cents (-0.6%) to $23.51 on average volume. Throughout the day, 7.7 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7.2 million shares. The stock ranged in price between $23.34-$24.06 after having opened the day at $23.39 as compared to the previous trading day's close of $23.66. Other company's within the Energy industry that declined today were:
(
), down 14.6%,
(
), down 11.8%,
(
), down 9.4%, and
(
), 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 $159.6 billion and is part of the
sector. The company has a P/E ratio of 6.4, below the S&P 500 P/E ratio of 17.7. Shares are down 30.8% year to date as of the close of trading on Monday.
TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.
- You can view the full Petroleo Brasileiro SA Petrobras Ratings Report.
On the positive front,
(
), up 15.5%,
(
), up 8.6%,
(
), up 8.2%, and
(
), up 7.8%, were all gainers within the energy industry with
(
) 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
(
) while those bearish on the energy industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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