Petrobras Explores New Oil Exploration Opportunities in India
PBR explores offshore auction opportunities in India, balancing long-term exploration goals with short-term price volatility and the impact of global trade disruptions.
Brokers Suggest Investing in Petrobras (PBR): Read This Before Placing a Bet
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Brazil's Petrobras looks at power auction for batteries as possible opportunity
Brazil's Petrobras is looking at an auction that will contract energy from batteries for the country's electric sector "as a possibility" for the company to develop business in the area, an executive at the state-run oil firm said on Tuesday.
Petrobras: My Top Bet For Positive Returns In A Market-Wide Correction (Rating Upgrade)
PBR stock has been a great stalwart in my portfolio as it has generated a positive return in this challenging corrective environment. Trump tariff threats are tightening forces on global oil markets, which is beneficial for PBR stock. Petrobras' 2025 vision has catalyzed upward revisions in production expectations for the next 4 years, providing a nice volume tailwind at attractive economics.
Petrobras' Double Digits Dividend Story Remains Compelling Here - Reiterate Buy
Petrobras' ongoing correction has triggered an even richer forward dividend yields, significantly aided by the stable balance sheet health and still rich free cash flow generation. If anything, we expect the stock to further pullback in the near-term, attributed to the potentially intensified tariff/trade war and uncertain macroeconomic environment. At the same time, readers must note that PBR's FQ4 '24 bottom-line headwinds are mostly attributed to non-recurring expenses and the volatile crude oil spot prices.
Petrobras: High Dividend Value
Despite a decline in production and adjusted EBITDA in FY 2024, Petrobras remained highly profitable. Given its dividend and excessive safety margin in terms of valuation, Petrobras remains a compelling investment, despite the share price moving only sideways in the last year. Petrobras is set to benefit from potential OPEC+ supply restrictions in FY 2025, which could set positive impulses for petroleum pricing.
Petrobras Faces Tight Deadline for Foz do Amazonas Vessel Use
Brazil's oil giant PBR needs Ibama's approval by April for Foz do Amazonas drilling, as its costly vessel contract ends in October.
Deadline of Petrobras deal with vessel adds pressure to Foz do Amazonas request
Brazilian oil firm Petrobras needs to be granted an environmental license to drill in the sensitive Foz do Amazonas region by the end of April or it will run out of time before the contract with a drilling vessel ends in October, according to a document presented by the government.
Petrobras Strikes Hydrocarbons in the Campos Basin's Pre-Salt Layer
PBR discovers hydrocarbons in the Campos Basin, advancing its deepwater exploration efforts and highlighting its focus on pre-salt assets.
Petrobras to finish analysis of the India's Shapoorji appeal in FPSO bid this week
Brazil's Petrobras should analyze an appeal filed by India's Shapoorji Pallonji Energy in the tender to charter an offshore oil production vessel this week, the state-run oil firm's head of engineering, technology and innovation, Renata Baruzzi, said on Tuesday.
Brazil's Petrobras finds hydrocarbons in exploratory well in Campos Basin
Brazilian state-run oil firm Petrobras said on Monday it found hydrocarbons in a exploratory well in the Norte de Brava bloc, located in the pre-salt layer of the Campos Basin.
Petrobras' Offshore Fields to Deploy Baker Hughes' Completions Tech
PBR partners with Baker Hughes to deploy intelligent completions technology, enhancing production and remote operations in Brazil's offshore fields.
