Latest news with #PBR
Yahoo
a day ago
- Business
- Yahoo
Petróleo Brasileiro S.A. – Petrobras (PBR): A Bull Case Theory
We came across a bullish thesis on Petróleo Brasileiro S.A. - Petrobras on Stock Analysis Compilation's Substack. In this article, we will summarize the bulls' thesis on PBR. Petróleo Brasileiro S.A. - Petrobras's share was trading at $12.26 as of July 22nd. PBR's trailing and forward P/E were 9.15 and 4.33, respectively according to Yahoo Finance. Petrobras, one of the world's largest integrated energy producers, is anchored by its vast pre-salt oil reserves and decades of deepwater expertise, giving it a durable competitive advantage in the global energy market. These pre-salt fields, among the most significant petroleum discoveries of the 21st century, hold high-quality light crude oil and offer exceptionally low lifting costs. Over years of pioneering deepwater exploration, Petrobras has developed unmatched operational capabilities, establishing itself as the natural operator of these challenging reservoirs. Its extensive refining and logistics network in Brazil complements upstream operations, enhancing stability and integration. Over the past few years, Petrobras has undergone a strategic transformation, focusing squarely on maximizing value from its most profitable exploration and production activities. The company has divested non-core onshore, midstream, and downstream assets, concentrating capital on high-return pre-salt projects, which has strengthened its balance sheet and improved cash flow generation. While the Brazilian government remains the controlling shareholder, influencing governance, strategy, and capital allocation, the intrinsic quality of Petrobras's asset base and its ability to execute operationally remain undeniable. The focus on these core geological strengths has reinforced its standing as a globally significant energy producer. By capitalizing on the scale and efficiency of its pre-salt operations, Petrobras has positioned itself to continue delivering value, with its world-class reserves and technological leadership serving as the foundation of sustainable long-term growth. This sharpened strategic direction underscores the company's commitment to unlocking maximum value from its unparalleled deepwater portfolio. Previously, we covered a on Ecopetrol S.A. (EC) by Unemployed Value Degen in October 2024, which highlighted its undervaluation, strong margins, and double-digit dividend yield supported by the commodity supercycle. The company's stock price has appreciated by approximately 8.44% since our coverage, as the thesis played out. The thesis still stands on continued commodity-driven growth. Stock Analysis Compilation shares a similar view but emphasizes Petrobras's scale, deepwater expertise, and focus on high-return pre-salt projects. Petróleo Brasileiro S.A. - Petrobras is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 33 hedge fund portfolios held PBR at the end of the first quarter which was 31 in the previous quarter. While we acknowledge the potential of PBR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Sport
- Yahoo
Watch pro bull riders, Cross Canadian Ragweed at Canvas Stadium for PBR's Last Cowboy Standing
Pro bull riders and Cross Canadian Ragweed put on a show for the Canvas Stadium crowd at CSU. Here's how night one of PBR's Last Cowboy Standing looked.
CBS News
4 days ago
- Sport
- CBS News
Colorado State University hosts rodeo and concert series at Canvas Stadium
For the first time since opening Canvas Stadium in 2017, Colorado State University in Fort Collins hosted a major event in the stadium that wasn't a football game or graduation. Professional Bull Riding Inc. picked Canvas Stadium to host a bull riding competition and concert series for Monday and Tuesday nights. "There is a significant amount of work that goes into putting this event on," said John Weber, CSU's director of athletics. "There is a lot pre-planning that we did." The university partnered with PBR and other contractors to transform the football stadium into a rodeo arena and concert venue. A 50-foot-tall stage was constructed in the center of the stadium floor. Between the west stands and the stage VIP seating and the dirt arena floor was retrofitted. While CSU jumped at the opportunity to host such an event for the surrounding community, the timing and location of the event was no coincidence in comparison to the nearby Cheyenne Frontier Days. CFD, known as the "Daddy of 'em All," was originally partnered with PBR. The two entities worked together for many years to host bull riding competitions on Monday and Tuesday night of the annual Wyoming-based rodeo. However, CFD elected to part ways with PBR in 2025, instead choosing to sign a contract with PRCA Xtreme Bulls, a direct competitor of PBR. In an interview with CBS Colorado on opening night of CFD, rodeo chairman Jason Bain explained why the major outdoor rodeo changed partners. "We just kind of felt like we needed to bring it back to more traditional things. So we went with Xtreme Bulls," Bain said. "We will have the top 40 bull riders in the PRCA in the world coming here. And it gives them gentlemen more opportunity to win money to qualify for the Wrangler National Finals." When the split was initially publicized, PBR's ownership took to social media expressing their distaste for the change and later announcing a direct competing event at CSU on the same nights. Cheyenne Frontier Days attracts many Coloradans each year, many from the Denver metro area. Canvas Stadium is located directly between Cheyenne and Denver, potentially offering some a commute cut in half. CFD declined to provide further comment on the matter, noting their pleasure with their decision to partner with Xtreme Bulls in 2025 and focus on their product for customers visiting Cheyenne's arena. CBS Colorado reached out to PBR's team seeking interview on this story and has not heard back as of this story's publication. Meanwhile, without any direct involvement to the split between CFD and PBR, Weber said CSU is thrilled to expand their portfolio of events they can host. "This is an opportunity for us to bring world class entertainment to Northern Colorado," Weber said. "We have a phenomenal city and a phenomenal campus, and it is an opportunity for us to shine a light on that with some great partners." Weber added it was a pleasure for the university to host its first multi-use major event at Canvas Stadium alongside PBR. Weber also noted the economic impact the event would have on the community, bringing thousands of guests to the middle of Fort Collins for two nights of rodeo and concerts. "The opportunity to run this here for the first time, learn from that and improve it going forward, we are really looking forward to that opportunity," Weber said.
Business Insider
5 days ago
- Business
- Business Insider
Petrobras initiated with an Outperform at CICC
CICC initiated coverage of Petrobras (PBR) with an Outperform rating and $16 price target Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
The Hindu
16-07-2025
- Science
- The Hindu
Kodenchery panchayat to launch digital biodiversity register
The Kodenchery grama panchayat will soon launch a digitised People's Biodiversity Register (PBR), aiming to document local bioresources, traditional knowledge, and the ecosystem in electronic format, with technical support from newly formed ward-level committees under trained enumerators. The local body plans to release the digitised version on October 2 upon completion of the ongoing data collection. 'We have a 12-member committee — including local experts and enumerators — for each ward to complete the process in a systematic and scientific manner. Once the uploading is complete, we will be able to access the biodiversity features of all 21 wards in Kodenchery at the click of a mouse,' says Alex Thomas Chembakassery, president of the panchayat. He adds that the digitised version will also update the earlier register, which was prepared with only basic information in 2014. Mr. Chembakassery says the digitised register will contain more specific and comprehensive information on traditional medical practices, agricultural activities, and local biodiversity attractions. In the case of Kodenchery, details of indigenous medicines promoted by tribespeople will be a major highlight, he adds. Enumerators involved in the field-level survey say efforts are under way to collect micro-level details of traditional agricultural practices, high-yielding local seed varieties, and unique forest resources. They add that documenting various species of butterflies is also under consideration, with support from experts. To ensure the record is authentic for future reference and planning, the involvement of experienced officers from the Forest department has been secured. Researchers from the Botany and Zoology departments of various colleges will also contribute to validating the data before its online release.
