Petroleo Brasileiro Stock News

Brazil''s government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer''s board, the company said in a filing on Saturday night.

Admiral Eduardo Bacellar Leal Ferreira said he plans to step down to spend time with his family. Oil executive Rodolfo Landim is seen as his possible successor.

Petroleo Brasileiro SA chairman Admiral Eduardo Bacellar Leal Ferreira told Reuters on Saturday he plans to step down from the position, with oil executive Rodolfo Landim seen as his possible successo

Petrobras <> opens lower after Brazil President Jair Bolsonaro said the company could reduce its profit to prevent fuel prices from exploding due to Russia''s invasion of…

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A whale with a lot of money to spend has taken a noticeably bullish stance on Petrobras Brasileiro . Looking at options history for Petrobras Brasileiro (NYSE: PBR ) we detected 13 strange trades. If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 38% with bearish. From the overall spotted trades, 6 are puts, for a total amount of $274,870 and 7, calls, for a total amount of $1,309,277. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been … Full story available on Benzinga.com

NEW YORK , March 1, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for FAMI, CEI, KAVL, ENVB, and PBR. … Full story available on Benzinga.com

Petrobras is one of the largest oil producers in the world.

A whale with a lot of money to spend has taken a noticeably bearish stance on Petrobras Brasileiro . Looking at options history for Petrobras Brasileiro (NYSE: PBR ) we detected 79 strange trades. If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 59% with bearish. From the overall spotted trades, 56 are puts, for a total amount of $3,204,333 and 23, calls, for a total amount of $1,738,345. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price … Full story available on Benzinga.com

Petroleo Brasileiro SA Petrobras (PBR) CEO Joaquim Silva e Luna on Q4 2021 Results - Earnings Call Transcript

RIO DE JANEIRO, BRAZIL - Petrobras, Brazil''s largest oil company, obtained in 2021 a record net profit of US$19.9 billion, the highest in its history, thanks to the increase in crude oil prices and the rise in fuel sales, the company reported on Wednesday, February 23. The company''s profits . . . To read the […] The post Brazil’s Petrobras obtained in 2021 the highest net profit in its history appeared first on The Rio Times .

RIO DE JANEIRO: Brazilian state-run oil company Petrobras announced Wednesday it posted a record net profit of nearly $20 billion in 2021. Net profit for the final quarter last year came in at $5.64 billion, bringing 2021''s total to $19.88 billion, the company said, a stark contrast to 2020''s total of just over $1 billion due to effects of the pandemic. "This increase is mainly due to the 70 percent increase of the price of a barrel of Brent crude oil in this period, higher sales volumes in the domestic market and higher margins in the derivatives market," Petrobras, a Brazilian publicly owned company, said in a statement. The post-pandemic economic recovery also contributed to the increase of sales in Brazil, the group said. Brazil’s Lula to detach local fuel prices from global oil quotes if elected The 2021 final quarter''s net profit was down from the third quarter''s net of $5.94 billion and down 51 percent from the final quarter of 2020. The company''s debt was reduced to $47.62 billion in 2021 from $63.17 billion the year before.

RIO DE JANEIRO, Feb 24 ― Brazilian state-run oil company Petrobras announced yesterday it posted a record net profit of nearly US$20 billion (RM83.8 billion) in 2021. Net profit for the final quarter last year came in at US$5.64 billion, bringing…

Brazilian state-run oil company Petrobras smashed its all-time record for annual profits and dividend payouts in 2021, as sky-high Brent prices and a laser focus on the firm''s exploration and production business continued to bear fruit.

Petrobras (PBR) reported Q4 results after the close, posting strong free cash flow and announcing a robust dividend, in line with the Company''s recently released multi-year…