Petroleo Brasileiro stock slips 0.82 percent as oil prices fall

Published on 09/22/2026 at 13:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Petroleo Brasileiro stock closed at USD 20.63 on September 22, 2026, down 0.82 percent as oil prices fell. First half net profit rose 55 percent.

PBR, US71654V4086, Illustration mit AI erstellt.

Petroleo Brasileiro SA Petrobras stock (ISIN US71654V4086) closed at USD 20.63 on the NYSE on September 22, 2026, down 0.82 percent as oil prices weakened. The move contrasts with a stronger operating result reported for the first half of 2026.

Oil prices pressure the ADR

As Rio Times reported on September 22, 2026, the common ADR fell 0.82 percent while the preferred ADR declined 0.43 percent, with lower oil prices cited as the immediate pressure. The common ADR remained below its 52-week high of USD 22.24 and above the 52-week low of USD 11.43, both reported as of September 21, 2026.

The trading reaction is therefore narrower than the longer-term range. At USD 20.63, the ADR was USD 1.61 below the cited yearly high and USD 9.20 above the yearly low, showing that oil sensitivity remains important even after a strong advance from the lower end of the corridor.

First half profit rises 55 percent

According to Futunn in a September 22, 2026 filing report, Petrobras posted net profit of USD 16.7 billion for the six months ended June 30, 2026, up 55 percent from USD 10.8 billion in the first half of 2025. Second quarter net profit reached USD 10.4 billion, compared with USD 4.8 billion a year earlier.

The same September 22, 2026 report put first half sales at USD 57.1 billion, 36 percent above USD 42.1 billion in the first half of 2025. Gross profit reached USD 30.8 billion, compared with USD 20.4 billion a year earlier, while the effective tax rate was 28.8 percent for the six-month period.

Valuation and drilling risk

Market data from September 21, 2026 showed a market capitalization of USD 127.4 billion, volume of 15.2 million shares and a previous close of USD 20.94. The market capitalization figure and the 52-week range come from the same dated stock snapshot, while the September 22 closing move reflects the subsequent trading session.

A separate September 21, 2026 valuation report placed the GF Value at USD 17.44 against a stock price of USD 20.66 and calculated an 18.4 percent premium. The Foz do Amazonas project adds a different risk dimension: an appeal seeking to halt drilling was filed on September 17, 2026, while the licence remained in force as of September 22, 2026.

Stock closes at USD 20.63

Petroleo Brasileiro SA Petrobras stock closed at USD 20.63 on the NYSE on September 22, 2026, down 0.82 percent from the prior close of USD 20.94. The combination of higher first half earnings and same-day oil-price pressure leaves the ADR USD 1.61 below its 52-week high of USD 22.24.