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PBR-A / Petrobras: Earnings Beat While Revenues Slip

Petrobras: Earnings Beat While Revenues Slip
PBR has outperformed the XLE since the end of 2022. The stock is playing catch-up from its underperformance in 2022. Brazilian political issues face the company. President Lula supports a green agenda, and democratic socialism and BRICS are united. Read More
Posted: May 9 2023, 18:15
Author Name: Seeking Alpha
Views: 112583

PBR-A News  

Petrobras eyes global expansion as Brazil hopes fade, sources say

By Reuters
June 1, 2023

Petrobras eyes global expansion as Brazil hopes fade, sources say

Brazil's Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm's plans told Reuters, after environmental regul more_horizontal

Petrobras Is A Rare Investment That May Generate Reliable Double-Digit Returns

By Seeking Alpha
May 30, 2023

Petrobras Is A Rare Investment That May Generate Reliable Double-Digit Returns

PetrĂ³leo Brasileiro S.A. represents a rare investment that's simply and fundamentally undervalued based on its cash flow potential. The company's sha more_horizontal

Brazil's Petrobras asks to resume process for well near Amazon mouth

By Reuters
May 25, 2023

Brazil's Petrobras asks to resume process for well near Amazon mouth

Brazilian state-run oil firm Petrobras asked to resume a licensing process for a controversial well near the mouth of the Amazon river, the company's more_horizontal

Brazil environment agency unlikely to change decision on Petrobras oil project in Amazon

By Reuters
May 22, 2023

Brazil environment agency unlikely to change decision on Petrobras oil project in Amazon

The president of Brazilian environmental agency Ibama said Monday that the agency is unlikely to change its opinion on a request made by Petrobras to more_horizontal

Lula doubts Petrobras oil project in Amazon would hurt environment

By Reuters
May 22, 2023

Lula doubts Petrobras oil project in Amazon would hurt environment

Brazilian President Luiz Inacio Lula da Silva on Monday said he finds it "difficult" to believe that oil exploration in the Amazon basin would cause e more_horizontal

Brazil's Petrobras to appeal environment agency's decision to block Amazon drilling project

By Reuters
May 18, 2023

Brazil's Petrobras to appeal environment agency's decision to block Amazon drilling project

Brazilian state-run oil company Petrobras said on Tuesday it will appeal a decision from the country's environmental agency Ibama to reject the firm's more_horizontal

Decision to block Petrobras' Amazon project roils Lula coalition

By Reuters
May 18, 2023

Decision to block Petrobras' Amazon project roils Lula coalition

The leader of President Luiz Inacio Lula da Silva's government in Brazil's Congress announced on Thursday he was leaving his party as the fallout of e more_horizontal

Brazil environment agency rejects Petrobras' request to drill at Amazon

By Reuters
May 17, 2023

Brazil environment agency rejects Petrobras' request to drill at Amazon

The Brazilian environmental protection agency Ibama said on Wednesday it rejected a request from state-run oil company Petrobras to drill a well at th more_horizontal


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