PBR Dec 2024 5.000 call
- Bloomberg
Petrobras Curbs Politically Fraught Dividend Payments
(Bloomberg) -- Brazil’s state-controlled oil giant Petrobras is curbing politically charged dividends after reporting lower profits. Shares declined.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Adds Tariffs on Chinese Chips, Critical Minerals, EVsMacron Puts French Banks in Play With Plan to Transform EuropeFive Under-the-Radar Billionaires Making Vast Fortunes in Modi's IndiaFlood of China Used Cooking Oil Spurs Call to Hike US LeviesPetrobras’s boar
- Reuters
UPDATE 2-Brazil's Petrobras reports worse-than-expected 38% drop in first quarter profit
Brazilian state-run oil firm Petrobras posted a 38% fall in its first-quarter net recurring profit from a year earlier on Monday, missing analysts' expectations on the result and its dividend, hit by weaker sales volumes. Petrobras said the result was mainly due to lower sales, a drop in oil prices and a narrower profit margin on diesel sales compared with last year's fourth quarter.
- Zacks
Will Petrobras (PBR) Report Q1 Earnings Beat on Output Gains?
Petrobras (PBR) beat the Zacks Consensus Estimate in two of the last four quarters and missed in the other two, which resulted in an earnings surprise of 2.8%, on average.
