Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) Stock Sees Unusually High Call Option Buying

Posted by George Bondi on Oct 2nd, 2026

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Get Free Report) was the recipient of some unusual options trading on Friday. Stock traders purchased 69,972 call options on the company. This represents an increase of approximately 36% compared to the average volume of 51,328 call options.

Petroleo Brasileiro S.A.- Petrobras Price Performance

Shares of NYSE:PBR traded up $0.63 during trading on Friday, reaching $21.61. The company had a trading volume of 19,198,746 shares, compared to its average volume of 22,481,166. The company has a fifty day moving average of $19.53 and a two-hundred day moving average of $19.27. The company has a current ratio of 0.85, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $139.28 billion, a P/E ratio of 5.46, a price-to-earnings-growth ratio of 0.82 and a beta of 0.29. Petroleo Brasileiro S.A.- Petrobras has a 12 month low of $11.43 and a 12 month high of $22.24.

Petroleo Brasileiro S.A.- Petrobras Dividend Announcement

The company also recently announced a special dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, August 25th will be issued a $0.2649 dividend. The ex-dividend date of this dividend is Tuesday, August 25th. Petroleo Brasileiro S.A.- Petrobras’s payout ratio is 10.86%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PBR. UBS Group increased their price target on Petroleo Brasileiro S.A.- Petrobras from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, September 23rd. JPMorgan Chase & Co. increased their target price on shares of Petroleo Brasileiro S.A.- Petrobras from $23.00 to $24.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 1st. Zacks Research upgraded shares of Petroleo Brasileiro S.A.- Petrobras from a “strong sell” rating to a “hold” rating in a report on Monday, August 31st. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Petroleo Brasileiro S.A.- Petrobras in a research report on Friday, August 7th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.16.

Check Out Our Latest Stock Report on PBR

Institutional Investors Weigh In On Petroleo Brasileiro S.A.- Petrobras

Several large investors have recently bought and sold shares of PBR. Capital International Investors increased its position in Petroleo Brasileiro S.A.- Petrobras by 51.6% during the fourth quarter. Capital International Investors now owns 30,637,308 shares of the oil and gas exploration company’s stock valued at $363,052,000 after acquiring an additional 10,425,563 shares during the last quarter. Oaktree Capital Management LP bought a new position in shares of Petroleo Brasileiro S.A.- Petrobras in the first quarter worth about $126,355,000. Carrhae Capital LLP purchased a new stake in shares of Petroleo Brasileiro S.A.- Petrobras during the second quarter worth about $87,456,000. DJE Kapital AG bought a new stake in Petroleo Brasileiro S.A.- Petrobras during the 1st quarter valued at approximately $65,428,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Petroleo Brasileiro S.A.- Petrobras in the 2nd quarter worth approximately $42,858,000.

Petroleo Brasileiro S.A.- Petrobras Company Profile

(Get Free Report)

Petróleo Brasileiro SA, commonly known as Petrobras, is a Brazilian state-controlled, integrated energy company headquartered in Rio de Janeiro. Founded in 1953, the company is engaged primarily in the exploration, development, production, refining, transportation and marketing of oil and natural gas.

Petrobras has a major focus on offshore operations, particularly the development of Brazil’s pre-salt oil fields in the Santos and Campos basins. Its activities also include the processing and sale of petroleum products, natural gas and biofuels, as well as participation in power generation and other energy-related businesses.

The company serves the Brazilian market through its production, refining, logistics and distribution activities and has historically maintained international operations and partnerships.