Petrobras(PBR)

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Petrobras: Massive Dividends And No Lula Problems
Seeking Alpha· 2024-12-12 21:22
The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today!He is a contributing author for the investing group Cash Flow Club where along with Darren McCammon, they focus on company cash flows and their access to capital. Core fe ...
Petrobras' October Output Declines Following Platform Shutdowns
ZACKS· 2024-12-05 12:45
Petróleo Brasileiro S.A. - Petrobras (PBR) , a leading oil company in Brazil, experienced an 11% drop in its production levels in October from the same month in 2023. With PBR accounting for most of the country’s output, Brazil’s oil regulator, ANP, also reported that Brazil’s overall oil production dropped by 7.8% in October, reaching 3.268 million barrels per day. The decline in production levels was due to the scheduled shutdown at major oil fields like Buzios and Tupi.How the Shutdown Affected PBRTwo pl ...
Petrobras Opens Vessels Tender for Sergipe Deepwater Project
ZACKS· 2024-12-03 13:21
Petrobras (PBR) has announced a strategic move to enhance its offshore operations. The Brazilian company has launched a bid for up to two offshore oil production vessels for its Sergipe state deepwater project, SEAP. This announcement, made in a securities filing late on Friday, highlights Petrobras' commitment to expanding its offshore capabilities and enhancing production from one of Brazil's most promising oil-rich areas. PBR’s Ambitious Offshore Production PlansThe bid involves the procurement of Floati ...
Petrobras: There's Still Time To Buy This On The Cheap
Seeking Alpha· 2024-12-02 16:30
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
Petrobras to Transfer Minority Stake in Sergipe's Tartaruga Field
ZACKS· 2024-12-02 14:36
Petrobras S.A. (PBR) , a Brazilian state-owned energy company, has initiated the teaser phase of transferring a minority stake in the Tartaruga field. In this phase, the company provides the initial details about the assets put up for divestment. PBR plans to divest its 25% stake in the Tartaruga field, located in the shallow waters of the Sergipe-Alagoas Basin. The field lies in Pirambu, situated in Sergipe in Brazil.Overview of Tartaruga FieldThe field is operated by SPE Tiêta (controlled by Petrorecôncav ...
Petrobras' 5-Year Plan Could Provide Strong Returns
Seeking Alpha· 2024-12-01 15:55
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Petrobras (NYSE: NYSE: PBR ) is a large oil company with a market cap of almost $93 billion. The company has recently announced its 5-year guidance plan , ...
Petrobras: A Gift That Keeps On Giving - Rich Yields Remain Attractive
Seeking Alpha· 2024-11-28 15:00
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...
Petrobras-Yara Partner to Revive Fertilizer Production in Brazil
ZACKS· 2024-11-26 12:51
Petrobras S.A. (PBR) has signed two partnership agreements with Yara International and Araucária Nitrogenados S.A. (ANSA), in a potential step toward creating a powerful impact on the fertilizer and industrial products segments.Per the terms of the first agreement, the company will start commercial production of Automotive Liquid Reducing Agent (ARLA 32) at its ANSA facility. ARLA 32 will be prepared using high-quality automotive-grade urea as the raw material that Yara will supply.The second agreement prov ...
Petrobras Plans Bold Return to Ethanol With Strategic Partnerships
ZACKS· 2024-11-25 14:05
Petrobras (PBR) , the national oil and gas company of Brazil, has been planning to make a bold return to the ethanol sector after a strategic break. Under the leadership of its CEO, Magda Chambriard, the company has embarked on talks with prominent industry players such as Raízen, BP plc (BP) and Inpasa to explore potential joint ventures in the rapidly expanding ethanol market. This move signals a significant shift in PBR’s focus as the company aims to position itself as a major player in the biofuels indu ...
Petrobras Q3 Earnings Beat Despite a Decline in Production
ZACKS· 2024-11-20 15:35
Petroleo Brasileiro S.A., or Petrobras (PBR) , announced third-quarter earnings per ADS of 93 cents, ahead of the Zacks Consensus Estimate of 82 cents and higher than the year-ago profit of 86 cents. The strong performance can be attributed to solid cost control measures. Recurring net income, which strips out one-time items, came in at $5,937 million compared with $5,577 million a year earlier. Petrobras’ adjusted EBITDA fell to $11,480 million from $13,551 million a year ago.Brazil's state-run energy gia ...