Brazil's federation of oil workers, known as FUP, announced on Thursday a two-day warning strike at state-run oil company Petrobras "in protest against the stagnation in negotiations with the company," according to a statement.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
PBR recently announced a notable pre-salt oil find at the Aram block, but such long-cycle projects may not ease near-term pressures.
PBR had a net debt of $56,034 million at the end of the first quarter, up from $43,646 million a year ago and $52,240 million as of Dec. 31, 2024.
Petroleo Brasileiro S.A. - Petrobras (NYSE:PBR ) Q1 2025 Earnings Conference Call May 13, 2025 11:00 AM ET Company Participants Eduardo Molinari - Digital Project Manager Magda Chambriard - CEO Fernando Melgarejo - CFO and IRO Sylvia dos Anjos - Director for Exploration and Production Claudio Schlosser - ED for Logistics, Sales and Markets Renata Baruzzi - ED for Engineering, Technology and Innovation Clarice Coppetti - ED of Corporate Affairs Mauricio Tolmasquim - ED for Energy Transition and Sustainability William France da Silva - ED for Industrial Processes and Products Conference Call Participants Bruno Amorim - Goldman Sachs Caio Ribeiro - Bank of America Rodolfo Angele - JPMorgan Vicente Falanga - Bradesco BBI Bruno Montanari - Morgan Stanley Matheus Enfeldt - UBS Rodrigo Almeida - Santander Bank Gabriel Barra - Citigroup Luiz Carvalho - BTG Pactual Lilyanna Yang - HSBC Regis Cardoso - XP Jorge Gabrich - Scotiabank Eduardo Molinari The links for both languages are available on our investor relations website.
PBR inks a natural gas supply deal with Portobello, Brazil's largest ceramic manufacturer, enhancing energy efficiency and reinforcing its position in the country's free gas market.
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.
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.
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.