PBR Stock Recent News

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Petrobras (PBR) concluded the recent trading session at $17.33, signifying a +1.64% move from its prior day's close.

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 (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.

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

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.

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.

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.

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

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