Petrobras' animal center in Oiapoque to be ready for inspection in April
A veterinary center run by Brazil's Petrobras in the Amazon region designed to assist animals in the event of an oil spill should be ready for inspection by environmental agency Ibama in April, documents seen by Reuters showed on Monday.
Brazil's Petrobras to clear corals off of drilling vessel to be used in Foz do Amazonas
Brazil's Petrobras has obtained approval from the country's environmental agency to clear corals from the underside of the drilling vessel it plans to use in the Foz do Amazonas region, documents seen by Reuters showed.
CERAWEEK Petrobras eyes opportunities in Argentina; advances in Colombia, Africa projects
Brazilian state-run oil firm Petrobras is looking at potential opportunities in Argentina while advancing in projects in Colombia and Africa, the firm's exploration and production head Sylvia dos Anjos said on Tuesday.
Petrobras' Valuation Hides Potential
Petróleo Brasileiro S.A. - Petrobras, a major Brazilian oil company, is valued at nearly $80 billion and is one of the largest integrated oil companies globally. The company boasts an exciting portfolio of assets that it continues to expand, enhancing its investment appeal. Petrobras's strong financial performance underscores its stability and growth potential in the oil industry.
Petrobras Q4 Earnings Beat Despite a Decline in Production
As of Dec. 31, 2024, PBR has recorded a net debt of $52,240 million. The company ended the year with cash and cash equivalents of $3,271 million.
Petroleo Brasileiro S.A.- Petrobras (PBR) is Attracting Investor Attention: Here is What You Should Know
Petrobras (PBR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Petrobras Q4 Earnings: Unpacking The Latest Concerns
Petrobras' 4Q24 results were marked by higher CapEx which negatively impacted dividends and raised concerns about its long-term dividend strategy. A leverage ratio increase and a 25% yearly drop in free cash flow signal financial strain amid rising investments. Political and environmental challenges, plus uncertain catalysts, make Petrobras' future outlook more risky.
Petróleo Brasileiro S.A. - Petrobras (PBR) Q3 2024 Earnings Call Transcript
Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR ) Q4 2024 Results Conference Call February 27, 2025 10:00 AM ET Company Participants Fernando Melgarejo - Chief Financial and Investor Relations Officer Magda Chambriard - Chief Executive Officer Clarice Coppetti - Executive Director of Corporate Affairs Claudio Schlosser - Executive Director for Logistics, Sales and Markets Mário Spinelli - Executive Director for Governance and Compliance Mauricio Tolmasquim - Executive Director for Energy Transition and Sustainability Renata Baruzzi - Executive Director for Engineering, Technology and Innovation William France da Silva - Executive Director for Industrial Processes and Products Sylvia dos Anjos - Director for Exploration and Production Eduardo Molinari - Digital Project Manager Conference Call Participants Bruno Montanari - Morgan Stanley Gabriel Barra - Citi Monique Greco - Itaú BBA Eduardo Molinari Good morning, everyone.
Brazil's Petrobras posts $2.8B net loss in Q4, revenue down 10%
Petrobras, the Brazilian state oil corporation, reported a disappointing fourth quarter with a net loss of 17 billion reais ($2.8 billion), compared to a profit of 31 billion reais the previous year.
Shares of Brazil's Petrobras dip after surprise capital spending surge
Shares of Brazil's state-run oil firm Petrobras fell 4% on Sao Paulo's B3 exchange as markets opened on Thursday, after analysts were caught by surprise by capital expenditure spending 15% above the firm's guidance for 2024.
Petrobras posts fourth quarter net loss of $2.8 billion due to non-recurring events
Brazil's Petrobras posted a net loss of 17 billion reais ($2.8 billion) in its fourth quarter due to exchange rate variation on debts between the state-run oil firm and its subsidiaries abroad, it said in a filing on Wednesday.
Petrobras Secures $1.1B Loan to Drive Energy Transition
PBR partners with Banco do Brasil to fund sustainability projects, highlighting its commitment to decarbonization and energy transition.
