Petroleo Brasileiro SA ADR Stock News

Brazilian state-run oil firm Petrobras approved on Thursday a payout of 20 billion reais ($3.4 billion) in extraordinary dividends to shareholders, and it lowered the minimum cash level required for its $111 billion strategic plan.

Brazilian state-run oil firm Petrobras announced on Monday that its management proposed to the company's board a $111 billion business plan for 2025-2029, according to a securities filing.

Brazilian state-controlled oil giant Petrobras said on Monday it has signed a deal with steelmaker Gerdau and gas distributor Sulgas to supply natural gas to two steel mills in the southern state of Rio Grande do Sul.

Petrobras achieved impressive 3Q 2024 results, with $6.9 billion in FCF and a proposed $3 billion USD dividend, highlighting its financial strength. The company is expanding internationally, reducing domestic risks and leveraging expertise, with new stakes in South Africa and increased FPSO production. Petrobras has improved its debt position, issuing a 10-year $1 billion bond at the lowest rat...

Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR ) Q3 2024 Earnings Conference Call November 8, 2024 12:00 PM ET Company Participants Fernando Melgarejo - Chief Financial and Investor Relations Officer Magda Chambriard - Chief Executive Officer Clarice Coppetti - Executive Director of Corporate Affairs Claudio Schlosser - Executive Director for Logistics, Sales and Markets Mário Spinelli - Execut...

Brazilian state-run oil firm Petrobras sees as "technically possible" to issue extraordinary dividends by the end of the year if its strategic plan is approved on schedule this month, its Chief Financial Officer said on Friday.

Brazilian state-run oil firm Petrobras reported on Thursday some 22% increase in its third-quarter net profit from a year earlier, to 32.6 billion reais ($5.7 billion).

Brazilian state-run oil firm Petrobras said on Thursday its board approved 17.12 billion reais ($3 billion)in dividends, which represent 1.3282 real per share, according to a securities filing.