Petrobras
PBRMarket price data through August 3, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -8%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$21
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- March 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 4 months
- How long Benson has been tracking this pick.
About Petrobras
Petrobras is Brazil's national oil company and one of the largest energy producers in the world. Think of them as the country's energy backbone, pumping oil from some of the deepest waters on the planet at costs so low that most competitors can only dream about. They produce nearly 3 million barrels a day and are investing over 100 billion dollars to grow even bigger by 2030.
The case for and against
Both sides of the story, in plain English.
- Rock Bottom Costs
Petrobras operates some of the cheapest deepwater oil fields in the world, with lifting costs below 6 dollars a barrel in their pre-salt assets. That means even when oil prices drop, they still make strong profits. Their breakeven for covering all expenses is around 50 dollars a barrel, well below current oil prices above 90 dollars.
- Dividend Machine
The company pays out 45 percent of its free cash flow as dividends, giving investors a yield around 7 percent right now. With oil prices elevated and production hitting nearly 3 million barrels a day, those dividend checks could get even bigger. The stock trades at just 5.5 times earnings, a fraction of what American oil companies cost.
- Government Strings
The Brazilian government owns a controlling stake in Petrobras and has a history of using the company for political goals. They have imposed export taxes and forced below-market fuel pricing to control inflation, which directly eats into shareholder profits. With presidential elections coming in October, political interference risk is elevated.
- Oil Price Rollercoaster
Petrobras is essentially a leveraged bet on the price of oil. If the Iran conflict resolves and oil prices drop back below 70 dollars a barrel, the company's impressive cash flow and dividend capacity would shrink significantly. Currency swings between the Brazilian real and the US dollar add another layer of unpredictability, with the exchange rate moving as much as 30 percent in recent years.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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