
Petrobras: The Sell-Off Provides Opportunity
In recent weeks, Petrobras's momentum has weakened, and at the moment, it's trading 14% off-high after a wave of analyst downgrades followed dividend frustration. PBR delivered strong financial per...

Petrobras (PBR) Buys I-RECs to Achieve 100% Renewable Energy
Petrobras (PBR) acquires International Renewable Energy Certificates to cover all its 2023 industrial and administrative energy use, aiming to achieve 50% renewable power generation by 2030.

Petrobras (PBR) Boosts LNG Imports Amid Pipeline Maintenance
Petrobras (PBR) boosts LNG imports, diversifies gas sources, and coordinates maintenance to ensure energy security amid infrastructure challenges.

Petrobras (PBR) Advances While Market Declines: Some Information for Investors
Petrobras (PBR) concluded the recent trading session at $14.69, signifying a +0.41% move from its prior day's close.

CERAWEEK Petrobras exec says offshore Colombia project could find enough gas for exports
A promising area off Colombia's coast where Brazil state-run Petrobras is drilling this year could justify a large project to supply natural gas to the Andean country and for exports, Petrobras' he...

Petrobras (PBR) to Drill Two Exploration Wells in Colombia
Petrobras (PBR) plans to drill two exploratory wells in Colombia's Tayrona block, aiming for low-emission production.

Petrobras' Dividend Crisis Is Overblown
Petrobras has declined 20% in the past month due to concerns about its record-breaking dividends. The company's financial results are strong, with over $50 billion in adjusted EBITDA and $30 billio...

Here's Why Petrobras (PBR) Fell More Than Broader Market
In the closing of the recent trading day, Petrobras (PBR) stood at $14.54, denoting a -1.22% change from the preceding trading day.

Petrobras: Dividend Shock (Rating Downgrade)
Petrobras shares plummeted over 10% after it was announced that a $3.0B extraordinary dividend will not be paid. Despite lower oil prices, Petrobras achieved its second-highest EBITDA in FY 2023 an...

Petrobras (PBR) Q4 Earnings Lag, Lower Payout Irks Investors
At the end of 2023, Petrobras (PBR) records a net debt of $44,698 million. The company ends the year with cash and cash equivalents of $12,727 million.

Petrobras CEO says extra dividend possible at April meeting
The chief executive of Brazil's state-run oil company Petrobras said on Monday that payment of an extraordinary dividend is still on the table, adding that it could be voted on at a shareholders' m...

Petrobras (PBR) Signs Charter Contract for CTV SeaLoader2
Petrobras (PBR) inks a charter contract for the cargo transfer vessel SeaLoader 2, with a subsidiary of Japan's Mitsui O.S.K. Lines.

Petrobras (PBR) Sends Team to Venezuela Amid Sanction Threat
Petrobras (PBR) sends a team of oil production specialists to Venezuela amid geopolitical complexities, seeking strategic partnerships and navigating risks for future growth.

Petrobras: Big Pullback Due To Dividend Surprise
Petrobras reported weaker-than-expected earnings and a lower-than-expected dividend, causing its shares to drop by over 10%. Despite the weaker-than-expected dividend, PBR remains a high-yielding i...

Brazil oil firm Petrobras posts 6% decrease in Q4 net recurring profit
Brazilian state-controlled oil firm Petrobras posted on Thursday a 6.3% fall in its fourth-quarter net recurring profit from a year earlier.
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