Petroleo Brasileiro SA ADR Stock News

Brazilian state-run oil firm Petrobras said on Friday it had concluded the purchase of a 27.5% stake in block 4, located in the African island nation of Sao Tome and Principe, according to a securities filing.

Brazilian state-run oil company Petrobras has commissioned steel tubes maker Vallourec for the supply of its offshore operations through 2029, the steel tubes maker announced on Thursday.

PETROBRAS CHOOSES VALLOUREC TO SUPPORT $1BN OFFSHORE OCTG PROJECTS Meudon (France), on September 11, 2025 – Vallourec, a world leader in premium seamless tubular solutions, has been awarded a major contract by Petrobras as a result of a competitive bidding process for the supply of OCTG (Oil Country Tubular Goods) products and services for its offshore operations from 2026 to 2029. This long-te...

Brazil's President Luiz Inacio Lula da Silva said on Tuesday that environmental agency Ibama should be satisfied with the results of an emergency drill done by state-run oil firm Petrobras in the country's Foz do Amazonas basin.

Petrobras offers a compelling investment case due to its industry-leading margins, low breakeven costs, and robust financial health, even in volatile oil markets. Despite higher CAPEX and political risks, Petrobras remains undervalued, with a strong dividend yield and resilient cash flows supporting a Buy rating. The company's state ownership brings both advantages (favorable financing, strateg...

Petrobras delivered strong earnings, resilient margins, and rising production, yet the market continues to price the stock with distressed multiples far below global peers. Political noise explains the discount, but fundamentals remain solid with double-digit dividend yield, net debt/EBITDA of 1.0x, and one of the most profitable offshore portfolios worldwide. A long-term investment plan of $11...

PBR's stock price moderation mirrors that of the normalizing Brent oil spot prices, thanks to the OPEC+ output hikes and the US's increased production through 2026. The management has opted to mitigate the lower realized prices by -20.1% YoY with higher production outputs by +12% YoY, allowing them to report stable top/bottom lines thus far. While the heightened capex has already triggered a de...

Brazil's Petrobras has been seeing strong demand from India and China for its products, CEO Magda Chambriard said on Tuesday, noting the two countries could have shielded the state-run oil company from the impacts of potential U.S. tariffs.