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.
PBR beat the Zacks Consensus Estimate for earnings twice in the trailing four quarters while missing the same in the other two.
Brazil's state-run oil company PBR reports an 8.2% drop in third-quarter oil production, highlighting challenges in maintaining output amid operational setbacks.
Recently, Zacks.com users have been paying close attention to Petrobras (PBR). This makes it worthwhile to examine what the stock has in store.
Brazilian state-run oil firm Petrobras' new strategic plan should include some $110 billion earmarked in investments for the 2025-2029 period, two sources familiar with the matter told Reuters, representing an 8% increase from its previous multi-year forecast.
Petrobras (PBR) closed at $13.79 in the latest trading session, marking no change from the prior day.
Brazilian oil giant Petrobras reported a 6.5% decrease year-on-year in total production in the third quarter, to 2.69 million barrels of oil equivalent per day (boepd), the state-controlled company said on Monday.
Petrobras (PBR) reachead $13.88 at the closing of the latest trading day, reflecting a -0.57% change compared to its last close.
Petrobras (PBR) closed at $14.40 in the latest trading session, marking a -0.14% move from the prior day.
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