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Brazilian state-run oil giant Petrobras sees a low probability of paying extraordinary dividend this year, Chief Financial ...
Petrobras shares plunged after posting weaker than expected Q2 results and warning it sees little chance of paying ...
Despite a considerable drop in Brent oil prices, Petrobras' recurring net profit remained stable compared to Q1.
Brazilian oil firm Petrobras on Thursday announced dividends and interest on equity to shareholders of 8.66 billion reais ($1 ...
Petroleo Brasileiro SA, as it is formally known, increased investments 30.6% on year and 9% from the previous quarter to $4.4 ...
Brazil's state-owned oil company Petrobras posted a hefty net profit of $4.7 billion in the second quarter, recovering ...
Petrobras (PETR3; PETR4) plans to announce its production and sales report on July 29, followed by financial results on August 7. According to XP Investimentos, Brazil’s state-owned oil major is ...
Latest dividend declarations foretell less pressured earnings at Suncor Energy compared to Petrobras. Learn more on the ...
Petrobras also approved the payment of 20 billion reais ($3.4 billion) in extraordinary dividends, it said in a separate statement.
Petrobras ’ dividend policy is closely associated with its free cash flow. In first-quarter 2025, the company generated $4.5 billion in free cash flow and approved dividends of R$11.7 billion.
Petrobras plans to pay ordinary dividends totaling $45 billion-$55 billion by 2029, with room for additional extraordinary distributions to shareholders in the period, the Brazilian state oil and ...