Petrobras (PBR) closed the most recent trading day at $15.19, moving +0.33% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.88%. At the same time, the Dow added 0.08%, and the tech-heavy Nasdaq lost 1.95%. Analysts and investors alike will be keeping a close eye on the performance of Petrobras in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.86, marking a 4.44% fall compared to the same quarter of the previ ...

Petrobras (PBR) , the largest integrated energy company in Brazil, is eyeing an expansion of its investments in Bolivia's natural gas sector. According to Magda Chambriard, CEO of Petrobras, this ambitious plan hinges on Bolivia's ability to increase its gas exports to Brazil at competitive prices to meet the growing domestic demand from industry. Historical Context Chambriard has outlined ambitious plans for increasing Bolivian gas production. PBR aims to grow its Bolivian gas output from 9 million cmd to ...

Petrobras (PBR) , Brazil's state-controlled oil company, has announced a significant increase in domestic gasoline prices for the first time in 11 months. As crude prices surge and the value of the nation's currency depreciates, the company is taking measures to adjust its pricing strategy. This move, effective immediately, will see gasoline prices for distributors rise by 7.1%, reaching 3.01 reals (55 cents) per liter. In addition, the prices for liquefied petroleum gas ("LPG") used for cooking and heating ...

This recurring postponement reflects PBR's ongoing challenges in garnering sufficient interest from floater companies for its bidding opportunities. The Barracuda-Caratinga field, located in Brazil's prolific Campos Basin, is a significant asset for PBR. The field has been a major contributor to the country's oil production and its revitalization is crucial for maintaining output levels. However, attracting bidders for the FPSO tender has proven difficult, which has led to multiple delays in the submission ...

The most recent trading session ended with Petrobras (PBR) standing at $14.21, reflecting a -0.63% shift from the previouse trading day's closing. This change lagged the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.49%. The investment community will be closely monitoring the performance of Petrobras in its forthcoming earnings report. The company is forecasted to report an EPS of $0.86, showcasing a 4.44% downward move ...

FabioIm Petrobras: Fears Returned As Lula Intervenes Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) investors have endured a series of significant market volatility as Brazil's leading integrated oil company underwent top management changes. As a reminder, ex-CEO Jean Paul Prates and his CFO were dismissed after Petrobras's Q1 earnings release. Consequently, PBR fell into a bear market after topping in early May 2024. Investors are justified in feeling concerned about government interference by the Lula ad ...

The drilling of the Uchuva-2 well marks a significant step forward in Colombia's offshore energy exploration efforts. By confirming and potentially expanding the natural gas reserves discovered at Uchuva-1, this project will enhance Colombia's energy security and drive economic growth. The strategic investments by PBR and EC highlight the importance of the Caribbean region in Colombia's energy future. As the country continues to explore and develop its offshore resources, the Uchuva-2 project stands as a te ...

Petrobras (PBR) ended the recent trading session at $14.01, demonstrating a +1.37% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.25%. At the same time, the Dow added 0.77%, and the tech-heavy Nasdaq lost 0.79%. Analysts and investors alike will be keeping a close eye on the performance of Petrobras in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.86, indicating a 4.44% decline compared to the equivalent quarter ...

Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR) is a Brazilian energy company with a long-term plan in place to grow energy production. Petrolors schiefy a capital retum p supply dynamies, which could lead to an up-trend in petroleum prices... from which Petrobras could also benefit as a large-scale energy producer. I believe that shares of Petrobras are a solid buy, in the context of OPEC+ curbing supplies, and I would recommend investors focus on valuation upside instead of the 13% forward dividend Previ ...

Shares of the oil and gas company have depreciated by 9.39% over the course of the past month, underperforming the Oils-Energy sector's loss of 6.02% and the S&P 500's gain of 4.15%. Analysts and investors alike will be keeping a close eye on the performance of Petrobras in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.86, marking a 4.44% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting ...