What To Expect From Petroleo Brasileiro SA Petrobras Q3 2024 Earnings
| PBR Stock | USD 13.50 0.21 1.58% |
Slightly above 51% of Petroleo Brasileiro's retail investors are presently thinking to get in. The analysis of overall sentiment of trading Petroleo Brasileiro Petrobras stock suggests that some investors are interested at this time. Petroleo Brasileiro's investing sentiment overview a quick insight into current market opportunities from investing in Petroleo Brasileiro Petrobras. Many technical investors use Petroleo Brasileiro stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Petroleo |
Petroleo Brasileiro SA Petrobras is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is 126.71 billion, and the earnings are expected to come in at 2.40 per share. The full year 2024s revenue is expected to be 486.40 billion and the earnings are expected to be 6.49 per share.
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Petroleo Brasileiro Current Investor Sentiment
Panic Vs Confidence
51
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Petroleo Brasileiro's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Petroleo Brasileiro Petrobras.
News SentimentBullish | Hype SentimentNeutral | Insider SentimentDisposing |
Petroleo Brasileiro Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Petroleo Brasileiro can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Petroleo Brasileiro Fundamental Analysis
We analyze Petroleo Brasileiro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Petroleo Brasileiro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Petroleo Brasileiro based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
Petroleo Brasileiro is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Petroleo Brasileiro Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Petroleo Brasileiro stock to make a market-neutral strategy. Peer analysis of Petroleo Brasileiro could also be used in its relative valuation, which is a method of valuing Petroleo Brasileiro by comparing valuation metrics with similar companies.
Peers
Petroleo Brasileiro Related Equities
| EQNR | Equinor ASA | 1.34 | ||||
| TTE | TotalEnergies | 0.54 | ||||
| BP | BP PLC | 0.28 | ||||
| E | Eni SPA | 0.00 | ||||
| SHEL | Shell PLC | 0.24 | ||||
| CVX | Chevron Corp | 1.13 | ||||
| XOM | Exxon | 1.24 | ||||
| YPF | YPF Sociedad | 1.57 | ||||
| EC | Ecopetrol | 1.64 | ||||
| PBR-A | Petrleo Brasileiro | 1.83 | ||||
| TGS | Transportadora | 2.01 | ||||
| CVE | Cenovus Energy | 3.54 |
Additional Tools for Petroleo Stock Analysis
When running Petroleo Brasileiro's price analysis, check to measure Petroleo Brasileiro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Petroleo Brasileiro is operating at the current time. Most of Petroleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petroleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petroleo Brasileiro's price. Additionally, you may evaluate how the addition of Petroleo Brasileiro to your portfolios can decrease your overall portfolio volatility.