NYSE USD

Petróleo Brasileiro S.A. - Petrobras (PBR)

17.05

+0.42

(+2.51%)

At close: April 26 at 4:00 PM EDT

17.13

+0.08

(+0.47%)

After hours: April 26 at 7:53 PM EDT

Sector Update: Energy Stocks Slump in Late Friday Afternoon Trading

Sector Update: Energy Stocks Slump in Late Friday Afternoon Trading

PREMIUM
MT Newswires 9 hours ago

PBR-A
Petrobras Investors Come Out Ahead After Drama Over Dividends in Brazil

(Bloomberg) -- A seven-week tug of war over Petrobras’s dividends wound up with the company delivering a 22-billion-reais ($4.3 billion) payout to investors. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest

Bloomberg yesterday

PBR-A
UPDATE 3-Petrobras shareholders approve payout of 50% of withheld dividends

Shareholders of Petrobras voted on Thursday for the Brazilian state-run oil firm to pay out 50% of the extraordinary dividends it withheld in March, easing investor concerns about the destination of those funds. Petrobras is set to dole out about 22 billion reais ($4.26 billion) relative to its 2023 results, while the remaining 50% will be kept in a fund for future disbursement, which the government signaled could happen by the end of this year. The vote settled a matter that rocked the oil giant since its government-controlled board decided to withhold the extra dividends on March 7, which surprised markets and sent Petrobras' shares tumbling the following day.

Reuters yesterday

PBR-A
Petroleo Brasileiro SA Petrobras's Dividend Analysis

Petroleo Brasileiro SA Petrobras (NYSE:PBR) recently announced a dividend of $0.42 per share, payable on an unconfirmed future date, with the ex-dividend date set for 2024-04-26. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Petroleo Brasileiro SA Petrobras's dividend performance and assess its sustainability.

GuruFocus.com yesterday

PBR-A
Petrobras (PBR) Leads Investment Race in Oil and Gas Industry

Petrobras (PBR) leads global oil and gas investment surge, doubling investments in 2023 to $21.4 billion. Strong project returns fuel production growth and solidify PBR's position in the industry.

Zacks 2 days ago

PBR-A

MUSA

SM
Petrobras (PBR) Rises Yet Lags Behind Market: Some Facts Worth Knowing

The latest trading day saw Petrobras (PBR) settling at $16.96, representing a +0.12% change from its previous close.

Zacks 3 days ago

PBR-A
UPDATE 1-Brazil's Lula weighing when to announce next central bank chief

Brazilian President Luiz Inacio Lula da Silva said on Tuesday he has not decided whether to bring forward the name of the next central bank chief or announce it closer to the end of the year, when central bank governor Roberto Campos Neto's term ends. Talking to journalists in Brasilia, Lula again questioned Campos Neto's performance and called for lower interest rates. Lula said, however, he has "no problem" with Campos Neto staying in the role until his term ends in December.

Reuters 3 days ago

PBR-A
Petrobras (PBR) to Build Solar Power at Its Three Refineries

Petrobras (PBR) plans to build 48 MW solar capacity at its three refineries by 2025, thereby reducing emissions. The move is in sync with its decarbonization goals.

Zacks 3 days ago

PBR-A

MUSA

AROC
Why Investors Need to Take Advantage of These 2 Oils-Energy Stocks Now

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Zacks 3 days ago

PBR-A
SLB Secures Three Contracts for Petrobras' Buzios Oil Field

SLB's electrification deal with Petrobras promises enhanced production control and reliability, signaling a transformative shift toward digitalized production systems in Brazil's pre-salt reserves.

Zacks 4 days ago

PBR-A

MUSA
Petrobras (PBR), CNCEC Sign MoU for Energy Partnership

Petrobras (PBR) enters into a memorandum of understanding for a two-year collaboration with the China National Chemical Energy Company (CNCEC), focusing on renewable energies and energy transition.

Zacks 4 days ago

PBR-A

MUSA

AROC
15 Best Affordable Dividend Stocks To Invest In Right Now

In this article, we will take a detailed look at the 15 Best Affordable Dividend Stocks To Invest In Right Now. For a quick overview of such stocks, read our article 5 Best Affordable Dividend Stocks To Invest In Right Now. When Meta Platforms earlier this year announced its first-ever dividend, it was surprising for many since there’s a […]

Insider Monkey 5 days ago

CNHI

ET

PBR-A
Here is What to Know Beyond Why Petroleo Brasileiro S.A.- Petrobras (PBR) is a Trending Stock

Recently, Zacks.com users have been paying close attention to Petrobras (PBR). This makes it worthwhile to examine what the stock has in store.

Zacks 7 days ago

PBR-A
How to Boost Your Portfolio with Top Oils-Energy Stocks Set to Beat Earnings

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Zacks 7 days ago

PBR-A

LNG
Petrobras (PBR) Sells Two Campos Basin Fields to Perenco

Petrobras (PBR) sells Cherne and Bagre fields to Perenco for $10 million, aiming to refocus investments on strategic assets and decarbonization.

Zacks 7 days ago

PBR-A

MUSA

AROC
Petrobras' (PBR) Buzios Field Achieves Production Milestone

Petrobras (PBR)-operated Buzios oil field has reportedly produced 1 billion barrels of oil by the end of March this year. With new production systems, PBR expects this figure to grow even further.

Zacks 8 days ago

PBR-A

SM

HES
Brazil's plans to drill for oil in the Amazon hit stiff Indigenous resistance

State-run energy firm Petrobras has hit growing resistance from Indigenous groups and government agencies to its premier exploration project, which would open the most promising part of Brazil's northern coast to oil drilling. Environmental agency Ibama denied Petrobras a license for exploratory drilling offshore in the Foz do Amazonas area last year, citing possible impacts on Indigenous groups and the sensitive coastal biome.

Reuters 8 days ago

PBR-A
UPDATE 1-Petrobras board not to discuss extra dividends at Friday meeting, sources say

The board of directors of Brazilian state-run oil company Petrobras is scheduled to meet on Friday, but a much-awaited discussion on extra dividends will not be on the agenda, four sources familiar with the matter told Reuters. Market participants have been eagerly awaiting a decision on whether the oil giant will pay out the extraordinary dividends relative to its 2023 results or not, but the final word will likely come next week when shareholders gather for a general assembly, the sources said. Petrobras' board in March voted to set aside 43.9 billion reais ($8.39 billion) to pay out in extra dividends in the future, with Brazil's government - which controls the company and its board - hoping it would be able to reinvest that cash.

Reuters 9 days ago

PBR-A
Petrobras Chair Returns to Board Divided by Rivalries

(Bloomberg) -- A Brazilian judge has reinstated Petroleo Brasileiro SA’s chairman as acrimony intensifies between government-appointed board members and those representing minority shareholders of Latin America’s largest oil producer.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsBankers Hit With Millions in Breakup Fees for Ditching

Bloomberg 9 days ago

PBR-A
Shell & BP's Q1 Updates Lead Oil & Gas Stock Roundup

SHEL, BP, XOM, PBR and CVX emerge as the energy headline makers during the week.

Zacks 9 days ago

PBR-A

CVX

XOM

Performance Overview

Return	PBR	IBOVESPA
YTD	+9.44%	-5.71%
1-Year	+86.54%	+22.58%
3-Year	+404.04%	+4.97%

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Petróleo Brasileiro S.A. - Petrobras (PBR)

Sector Update: Energy Stocks Slump in Late Friday Afternoon Trading

Petrobras Investors Come Out Ahead After Drama Over Dividends in Brazil

UPDATE 3-Petrobras shareholders approve payout of 50% of withheld dividends

Petroleo Brasileiro SA Petrobras's Dividend Analysis

Petrobras (PBR) Leads Investment Race in Oil and Gas Industry

Petrobras (PBR) Rises Yet Lags Behind Market: Some Facts Worth Knowing

UPDATE 1-Brazil's Lula weighing when to announce next central bank chief

Petrobras (PBR) to Build Solar Power at Its Three Refineries

Why Investors Need to Take Advantage of These 2 Oils-Energy Stocks Now

SLB Secures Three Contracts for Petrobras' Buzios Oil Field

Petrobras (PBR), CNCEC Sign MoU for Energy Partnership

15 Best Affordable Dividend Stocks To Invest In Right Now

Here is What to Know Beyond Why Petroleo Brasileiro S.A.- Petrobras (PBR) is a Trending Stock

How to Boost Your Portfolio with Top Oils-Energy Stocks Set to Beat Earnings

Petrobras (PBR) Sells Two Campos Basin Fields to Perenco

Petrobras' (PBR) Buzios Field Achieves Production Milestone

Brazil's plans to drill for oil in the Amazon hit stiff Indigenous resistance

UPDATE 1-Petrobras board not to discuss extra dividends at Friday meeting, sources say

Petrobras Chair Returns to Board Divided by Rivalries

Shell & BP's Q1 Updates Lead Oil & Gas Stock Roundup

Performance Overview