PBR Stock Recent News

Brazilian state-run oil firm Petrobras posted on Monday a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a year earlier.

Brazilian state-run oil firm Petrobras said on Monday its board of directors approved the payment of 11.72 billion reais ($2.07 billion) in dividends and interest on equity to shareholders, or about 0.91 real per share.

PBR discovers high-quality oil in the Santos Basin's Aram block, bolstering Brazil's pre-salt exploration momentum.

The board of directors of Brazilian chemical firm Unigel on Friday approved a deal proposed by oil giant Petrobras to settle legal disputes over fertilizer plants in northeastern Brazil, two sources familiar with the matter said.

In the closing of the recent trading day, Petrobras (PBR) stood at $11.32, denoting a +0.18% change from the preceding trading day.

As PBR gears up to report Q1 earnings on May 12, let's find out how the expectations stack up. Also, know how to play the stock ahead of results.

Brazilian state-run oil firm Petrobras increased the price of jet fuel sold to distributors by an average 0.3% starting May 1, it said on Friday.

Petrobras offers a massive dividend yield and trades at an undemanding valuation. The company's recent loss was due to one-time accounting items, not poor performance, with strong underlying results and cash generation. Petrobras' dividend payments are irregular but substantial, offering a high yield even if reduced, supported by strong free cash flow.

Petrobras (PBR) closed at $11.35 in the latest trading session, marking a +0.53% move from the prior day.

Petrobras (PBR) concluded the recent trading session at $11.29, signifying a -2% move from its prior day's close.