PBR Stock Recent News
PBR LATEST HEADLINES
Brazilian state-run oil firm Petrobras may redirect the oil it sells to the United States, sending more to Asia and Pacific markets due to higher tariffs the U.S. announced on Brazil, its chief executive told Reuters on Thursday.
PBR plans to rejoin Brazil's fuel retail sector to address inflated pump prices and regain state control over the fuel distribution chain.
PBR invites bids for 11 walk-to-work vessels to boost offshore operations, signaling long-term investment in Brazil's energy infrastructure.
Brazilian state-run oil firm Petrobras elected Angelica Laureano as its new head of energy transition and sustainability, the firm said on Friday.
PBR inks $84 million deal with Solstad Offshore to secure the Normand Turquesa AHTS vessel through 2030 for deepwater support.
In the latest trading session, Petrobras (PBR) closed at $13.13, marking a +2.34% move from the previous day.
PBR's state-run status has triggered its deeply discounted valuations - a critical factor that is further supported by the rich spreads against the low break-even point. These reasons are why the contested stock remains a compelling dividend story, especially since it offers double-digits yields and generous payouts. Thanks to the normalization in crude oil spot prices, the PBR management will also be revising its 5Y capex plans downwards, with it implying further Free Cash Flow tailwinds.
Brazil's state-run oil firm Petrobras is weighing options for its Polo Bahia onshore oil fields, including a potential sale, Chief Executive Magda Chambriard said on Saturday, adding that any decision will prioritize returns and shareholder interests.
PBR announces R$33 billion in investments to boost refining, biofuels and petrochemical output in Rio de Janeiro, driving Brazil's energy security and decarbonization.
Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.80 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state, it said in a statement on Thursday.