Will Petrobras (PBR) Report Q4 Earnings Beat on Output Gains?

Petrobras (PBR) beat the Zacks Consensus Estimate in two of the last four quarters and missed in the other two, which resulted in an earnings surprise of 3.8%, on average.

Brazil's Petrobras increases average jet fuel prices by 8.4%

Brazilian state-controlled oil company Petrobras said on Friday it will increase the average prices of jet fuel to distributors by 8.4% starting on Mar. 1.

Brazil oil and gas to see M&A wave as juniors seek scale and synergies after Petrobras' divestment shift

Brazil's oil and gas sector is expected to see a wave of merger and acquisition activity (M&A) as players with mature assets nearing the end of production seek to bolster their longer-term outlook....

Petrobras: Poised To Sustain Its Attractive Dividend Yield

Petrobras offers a massive 10% forward FY 2024 dividend yield, making it an attractive investment option for investors seeking a high-yielding name. The stability of energy markets and PBR's strong...

Petrobras shares fall 5% after CEO says firm will be 'cautious' about dividends

Brazilian state-run oil company Petrobras' shares fell by around 5% after the firm's Chief Executive Jean Paul Prates was quoted as saying the firm would be cautious about issuing extraordinary div...

Why the Market Dipped But Petrobras (PBR) Gained Today

Petrobras (PBR) reachead $17.65 at the closing of the latest trading day, reflecting a +1.67% change compared to its last close.

Petrobras (PBR) Eyes Growth in African Hydrocarbons

Petrobras (PBR) re-enters African oil exploration, acquiring stakes in Shell-operated blocks off Sao Tome and Principe, marking its strategic return to the continent.

Petrobras (PBR) Plans $100B+ Investment Amid Oil Transition

Petrobras (PBR) CEO plans robust offshore oil investment, eyeing global expansion and diversification into wind energy amid fossil fuel transition.

Petrobras in talks for projects with Gulf, Indian, Chinese firms, CEO says

Brazil's state-run Petrobras is in talks with other national oil companies in China, India and the Middle East, including Kuwait Petroleum and Qatar Energy, to collaborate on energy projects, its c...

Petrobras (PBR) Inks $11.7M Contract for EM Survey in Brazil

Petrobras (PBR) awards $11.7M contract to Norway's Electromagnetic Geoservices for offshore EM survey, signaling a renewed focus on exploring Brazil's hydrocarbon reserves.

Brazil's Petrobras largely unaffected by Red Sea conflict, says CEO

Brazilian state-run oil company Petrobras has been largely unaffected by tensions in the Red Sea, the company's chief executive said, saying it has only had to reroute one vessel in a move that inc...

Petrobras (PBR) Rises But Trails Market: What Investors Should Know

Petrobras (PBR) reachead $17.16 at the closing of the latest trading day, reflecting a +0.65% change compared to its last close.

Petrobras (PBR) Increases Oil and Gas Output by 3.7% in 2023

Petrobras (PBR) boasts a 3.7% surge in 2023 output, reaching 2.78 million barrels of oil equivalent per day with strategic growth plans.

Petrobras: This Is Not The End

Petrobras shares have outperformed the broader market since late August, delivering a total return of ~25% compared to ~9%. The company is expected to generate decent returns and pay dividends even...

Brazil's Petrobras produces 2.78 mln boed in oil, gas in 2023

Brazilian state-run oil company Petrobras said on Friday its oil and gas output last year had reached 2.78 mln barrels of oil equivalent per day (boed), up 3.7% from 2022, according to a securities...


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