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PBR / Petrobras: The Dividend Is Finally Cut, Here's What To Expect Next

Petrobras: The Dividend Is Finally Cut, Here's What To Expect Next
Petrobras has revised its dividend policy, a significant downgrade from last year's substantial payouts. The revised guidance is also more substantial than what analysts projected. While the revision isn't unexpected, the more than expected revision could compel some income investors to bail out, as they worry about a downward de-rating in its valuation. Despite that, PBR last traded at an attractive valuation, suggesting that the market has likely reflected a dividend cut. Also, its price action is constructive, improving buying sentiments. Read More
Posted: Jul 29 2023, 11:00
Author Name: Seeking Alpha
Views: 112515

PBR News  

Petrobras (PBR) Just Overtook the 20-Day Moving Average

By Zacks Investment Research
November 3, 2023

Petrobras (PBR) Just Overtook the 20-Day Moving Average

After reaching an important support level, Petrobras (PBR) could be a good stock pick from a technical perspective. PBR surpassed resistance at the 20 more_horizontal

Petrobras: Attractively Valued And Well-Positioned To Absorb Industry Tailwinds

By Seeking Alpha
November 2, 2023

Petrobras: Attractively Valued And Well-Positioned To Absorb Industry Tailwinds

Petrobras is a generous company in terms of dividend policy, with a high dividend yield and the ability to generate substantial free cash flow. The co more_horizontal

Despite Fast-paced Momentum, Petrobras (PBR) Is Still a Bargain Stock

By Zacks Investment Research
October 27, 2023

Despite Fast-paced Momentum, Petrobras (PBR) Is Still a Bargain Stock

Petrobras (PBR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have g more_horizontal

Brazil's Petrobras third-quarter oil output grows 9.6%

By Reuters
October 26, 2023

Brazil's Petrobras third-quarter oil output grows 9.6%

Brazilian state-run oil company Petrobras said on Thursday that its crude oil production during the third quarter rose 9.6% compared to the same perio more_horizontal

Are You Looking for a Top Momentum Pick? Why Petrobras (PBR) is a Great Choice

By Zacks Investment Research
October 26, 2023

Are You Looking for a Top Momentum Pick? Why Petrobras (PBR) is a Great Choice

Does Petrobras (PBR) have what it takes to be a top stock pick for momentum investors? Let's find out. more_horizontal

Brazil's Petrobras and Bolivian YPFB eye $2.5 bln investment in urea plant

By Reuters
October 25, 2023

Brazil's Petrobras and Bolivian YPFB eye $2.5 bln investment in urea plant

Brazilian state-run oil company, Petrobras and Bolivia's Yacimientos Petroliferos Fiscales Bolivianos (YPFB) are considering a $2.5 billion investment more_horizontal

Brazil's Petrobras to cut gasoline, raise diesel prices

By Reuters
October 19, 2023

Brazil's Petrobras to cut gasoline, raise diesel prices

Brazilian state-run oil firm Petrobras said on Thursday it will cut prices of gasoline sold to distributors and raise those for diesel starting on Oct more_horizontal

Petrobras (PBR), Ocyan Partner to Revitalize Gas Pipeline

By Zacks Investment Research
October 18, 2023

Petrobras (PBR), Ocyan Partner to Revitalize Gas Pipeline

Petrobras (PBR) awards a $317.49-million contract to Ocyan for revitalizing Campos Basin gas pipelines, ensuring supply and reducing costs. more_horizontal


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