PBR warns that Brazil's revised oil price benchmark may impact post-salt and onshore projects despite boosting government revenues.
PBR shifts ethanol strategy toward corn, eyeing partnerships to tap Brazil's growing northern output.
PBR posts lower Q2 earnings on weaker oil prices despite higher production, while boosting dividends and investments.
Petrobras continues to deliver strong cash flow and production growth, especially from Brazil's pre-salt assets, despite a challenging oil price environment. The company is investing heavily in new FPSOs and expects production to exceed targets, supporting future cash flow and shareholder returns. Petrobras maintains a high single-digit dividend yield, targeting 45% of free cash flow for shareholder returns, even with substantial capex commitments.
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR ) Q2 2025 Earnings Conference Call August 8, 2025 10:15 AM ET Company Participants Eduardo de Nardi Ros - Corporate Participant Fernando Sabbi Melgarejo - Chief Financial Officer & Investor Relations Officer Magda Maria de Regina Chambriard - CEO & Non-Independent Director Renata Baruzzi - Chief Engineering, Technology, & Innovation Officer Sylvia Maria Couto dos Anjos - Chief Exploration & Production Officer Conference Call Participants Bruno Montanari - Morgan Stanley, Research Division Gabriel Coelho Barra - Citigroup Inc., Research Division Lilyanna Yang - HSBC Global Investment Research Luiz Felipe Carvalho - Banco BTG Pactual S.A.
Petrobras (PBR) reached $12.91 at the closing of the latest trading day, reflecting a +1.18% change compared to its last close.
Latest dividend declarations foretell less pressured earnings at Suncor Energy Inc. compared to Petróleo Brasileiro S.A. - Petrobras. Other considerations also support a more favorable outlook for SU. These considerations include PBR's higher payout ratio, lower asset turnover, and also heavier debt burden when compared to SU.
PBR's second-quarter results may reflect stronger oil and gas output, but maintenance losses can weigh on earnings.
PBR is delivering strong profits, rising production, and a 14% dividend yield, all while trading at just 4.7x earnings and near book value. Production growth is driven by highly profitable pre-salt assets and new FPSOs, with downstream expansion and international exploration adding further upside. Aggressive but focused capex is fueling growth, backed by robust operating cash flow, and a healthy balance sheet.
Zacks.com users have recently been watching Petrobras (PBR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the latest trading session, Petrobras (PBR) closed at $12.84, marking a +2.31% move from the previous day.
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.