(Bloomberg) — Petroleo Brasileiro SA posted a record full-year dividend in 2022, rewarding investors who stuck with Brazil’s state-controlled oil producer despite concerns about political interv...
Tag: Petrobras
Petrobras Dividends Under Fire by Cash-Strained Lula
(Bloomberg) — It didn’t take long for Brazil’s state-controlled oil giant Petrobras to come under fire from newly elected President Luiz Inacio Lula da Silva, who is struggling to avert a major ...
Brazil’s Petrobras Sinks on Fears It Will Cut Dividends, Subsidize Fuel
(Bloomberg) — Brazil’s state-controlled oil company Petrobras sank on growing concerns that it will slash dividends and start subsidizing fuel under President Luiz Inacio Lula da Silva. Most Rea...
Lula Team Wants to Halt Petrobras Sale of Natural Gas Assets
(Bloomberg) — Brazil’s state-controlled oil giant Petrobras should abandon planned divestments in refining and natural gas and expand in those areas instead, according to a detailed report from ...
The 4 Hottest Dividend Announcements This Week: ConocoPhillips, Petrobras and More
By Davit Kirakosyan and Sarina Isaacs Investing.com – Here is the week’s hottest dividend news from this past week, plus the most important buybacks, first covered on InvestingPro+. Dividends Co...
Petrobras Set for Political Uproar as Board Approves $8.5 Billion Dividend
(Bloomberg) — Petrobras announced another blockbuster dividend payment, rewarding shareholders at a moment of growing concern that Luiz Inacio Lula da Silva’s return to power in Brazil will brin...
In Brazil, A Lula Win Is Nothing Special For The U.S., Or Europe
Lula: President of Brazil again. (Photo by NELSON ALMEIDA / AFP) (Photo by NELSON ALMEIDA/AFP via … [+] Getty Images) AFP via Getty Images Brazil’s two time ex-president, and ex-convict, Luiz In...
Brazil Stocks: Oil Giant Petrobras Falls After Lula Beats Bolsonaro
Brazil stocks dropped broadly early Monday after the country’s leftist former president, Luiz Inácio Lula da Silva won Sunday’s runoff presidential election, narrowly defeating right-wing ...
Wynn Resorts, Petrobras, Hanesbrands and more
Take a look at some of the biggest movers in the premarket: Wynn Resorts (WYNN) – Investor Tilman Fertitta has taken a 6.1% stake in the resort operator, according to a Securities and Exchange Commiss...
Brazil Hedge Fund Says Petrobras Shares Can Soar 50% in Best-Case Scenario
(Bloomberg) — Shares of Brazilian state-owned oil company Petroleo Brasileiro SA are cheap and have room to rise no matter who wins Sunday’s presidential runoff vote, according to local hedge fu...
Petrobras Surge Evaporates With Polls Showing Bolsonaro Stalling
(Bloomberg) — The rally that drove Petrobras shares to the highest in more than a decade risks fizzling out as support for President Jair Bolsonaro appears to be stalling in voter polls just day...
Brazil’s Election Is Almost Here. Get Ready to Buy Petrobras Stock.
Chocolate and peanut butter go together; falling oil prices and Brazilian political uncertainty most certainly do not. Yet Petrobras stock may still be worth buying. Yes, that sounds like a terrible i...
Petrobas September Calls Offer 90.6% Annualized Return Potential
Brazilian integrated energy giant Petroleo Brasileiro SA (PBR), has been a dividend machine of late, paying $5.16 per share in dividends so far in 2022. That’s quite remarkable for a stock that trades...
IBD Stock of The Day; PBR Stock Eyes New Buy Point On Strong Petrobras Earnings, Huge Dividend
Petrobras Petrobras PBR $0.08 0.58% 24% IBD Stock Analysis Near 14.98 cup-base buy point, but could soon have a handle Earnings soared 1,273% in 2021, with strong growth this year Dividend yield tops ...
Petrobras Unveils $17 Billion Dividend Windfall on Oil Rally
(Bloomberg) — Petroleo Brasileiro SA announced a massive dividend payment after surging oil prices boosted cash generation in the second quarter, rewarding investors that looked past the politic...
Petrobras Head Resigns as Bolsonaro Rages About Fuel Prices
(Bloomberg) — Petrobras’s chief executive officer Jose Mauro Coelho resigned following a fuel price increase that has angered President Jair Bolsonaro and prompted calls for a congressional inqu...