Loading…
Loading…
Bolivia will launch technical talks next week with Brazil's state-run oil firm Petrobras on its possible return to exploration and production in the country, while the company is also willing to help restructure state energy firm YPFB, Energy Minister Marcelo Blanco said on Thursday.
AI bubble fears keep resurfacing, and depending on who you ask, the story is either just getting started or already cracking at the edges. Doug Casey, founder of International Man and a self-described technophile who has invested across more than 50 years and 155 countries, falls firmly in the second camp.
Petrobras offers a compelling long-term investment case, underpinned by robust asset quality and aggressive production ramp-up. PBR is investing $20 billion annually, targeting 675,000 barrels/day of new capacity through FPSOs, with no forecasted increase in debt. Double-digit FCF yield supports a sustainable 7% dividend, as PBR prioritizes dividends over buybacks while maintaining declining leverage.
The board of Brazilian state-run oil company Petrobras has approved a $1.2 billion investment to develop a plant for renewable jet fuel, known as bioQAV, and renewable diesel, the company said in a securities filing on Friday.
Brazil's state-run oil firm Petrobras said on Wednesday it has entered into a deal with Equinor Brasil to acquire a 50% stake in the Itaimbezinho block in the offshore Campos Basin.
Private equity management firm IG4 Capital and Brazilian state-run oil company Petrobras on Wednesday became the co-controllers of petrochemical firm Braskem , completing a deal signed in April, IG4 said in a statement.
Brazil's state-run oil firm Petrobras' negotiation with SBM Offshore for two floating oil and gas production vessels (FPSO) for its Sergipe deepwater project is done, an executive from the company said on Thursday.
Petrobras is a low-cost oil producer with a breakeven near $50/barrel and strong leverage to elevated Brent prices. PBR trades at a steep valuation discount to global peers, reflecting Brazil-specific political and debt risks, but offers a compelling forward yield potential. I expect a sustainable dividend yield approaching 10% at a 50% payout ratio, with upside as new FPSOs and higher oil prices flow through results.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
Click below to see what's inside, then upgrade to read every transcript for PBR-A and 80,000+ other tickers.
Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.