Latest news with #PetroleoBrasileiroSA
San Francisco Chronicle
08-08-2025
- Business
- San Francisco Chronicle
Petrobras: Q2 Earnings Snapshot
RIO DE JANERIO RJ BR, Brazil (AP) — RIO DE JANERIO RJ BR, Brazil (AP) — Petroleo Brasileiro SA - Petrobras (PBR) on Friday reported earnings of $4.73 billion in its second quarter. On a per-share basis, the Rio De Janerio Rj Br, Brazil-based company said it had net income of 74 cents. Earnings, adjusted for non-recurring gains, came to 64 cents per share. The oil and gas company posted revenue of $21.04 billion in the period.
Yahoo
13-05-2025
- Business
- Yahoo
Petrobras: Q1 Earnings Snapshot
RIO DE JANERIO RJ BR, Brazil (AP) — RIO DE JANERIO RJ BR, Brazil (AP) — Petroleo Brasileiro SA - Petrobras (PBR) on Monday reported earnings of $5.97 billion in its first quarter. The Rio De Janerio Rj Br, Brazil-based company said it had profit of 92 cents per share. Earnings, adjusted for non-recurring gains, came to 62 cents per share. The oil and gas company posted revenue of $21.07 billion in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on PBR at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
13-05-2025
- Business
- San Francisco Chronicle
Petrobras: Q1 Earnings Snapshot
RIO DE JANERIO RJ BR, Brazil (AP) — RIO DE JANERIO RJ BR, Brazil (AP) — Petroleo Brasileiro SA - Petrobras (PBR) on Monday reported earnings of $5.97 billion in its first quarter. The Rio De Janerio Rj Br, Brazil-based company said it had profit of 92 cents per share. Earnings, adjusted for non-recurring gains, came to 62 cents per share. The oil and gas company posted revenue of $21.07 billion in the period. _____
Bloomberg
17-04-2025
- Business
- Bloomberg
Petrobras Cuts Fuel Prices Amid Oil Slump, Government Pressure
Brazil's state-controlled oil producer Petroleo Brasileiro SA is reducing diesel prices for the second time this month after a recent downturn in the global oil market and amid political pressure for price relief at the pump. The Rio de Janeiro-based company will cut its diesel price to distributors by 0.12 reais a liter (0.02 US cents) to 3.43 reais per liter on average, according to a statement on Thursday. The reduction will be effective April 18. Gasoline prices were kept unchanged.
Yahoo
08-04-2025
- Business
- Yahoo
Why Petroleo Brasileiro SA – Petrobras (PBR) Went Down On Monday?
We recently published a list of . In this article, we are going to take a look at where Petroleo Brasileiro SA – Petrobras (NYSE:PBR) stands against other Chinese stocks that performed worst on Monday. Wall Street's main indices finished mixed on Monday as investors remained cautious amid the escalating trade tensions globally, with President Donald Trump threatening to slap China anew with a 50-percent tariff if the latter does not withdraw its countermeasure. The tech-heavy Nasdaq was the sole gainer during the day, up 0.10 percent. In contrast, the Dow Jones declined by 0.91 percent and the S&P 500 dropped by 0.23 percent. Meanwhile, 10 companies—predominantly Chinese stocks—were sold down as investors moved away to minimize the potential risks from the trade war. In this article, we have identified Monday's worst performers and detailed the reasons behind their drop. To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume. A worker in a hard hat looking up at an offshore drilling rig at sunset. Petroleo Brasileiro dropped for a fourth consecutive day on Monday, losing 8.53 percent to end at $12.01 apiece as investors sold off on news that it was unlikely to lower its diesel prices despite a request from Brazil's energy minister. A report by Reuters quoting PBR CEO Magda Chambriard said that the company will not bring jitters from overseas to the Brazilian market, after reports that Brazil's Mines and Energy Minister Alexandre Silveira requested her to consider a new cut in the average price of diesel sold to distributors in Brazil. 'We should not do anything now, while the geopolitical scenario is in such anxiety and turbulence,' Chambriard was quoted as saying in an interview with Reuters. In other news, PBR recently completed the construction of a veterinary center in the Amazon town of Oiapoque, Amapá. The veterinary center is intended to provide care for wildlife in the event of an oil spill. Overall, PBR ranks 7th on our list of Chinese stocks that performed worst on Monday. While we acknowledge the potential of PBR as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than PBR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
