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PBR May 2024 17.000 call
- Investing.com
Petrobras: UBS optimistic, expects payment of extraordinary retained dividends
Investing.com – While investors continue to question whether state oil company Petrobras (BVMF: PETR4) should distribute the retained extraordinary dividends, UBS believes this is the most likely case. With financial resilience and projections of billion-dollar dividends to come, the bank continues to have a favorable view of the stock and reinforces its buy recommendation, with a target price of R$43 in the base scenario. From a more optimistic perspective, the target price could reach R$56, de
- Reuters
Brazil's Finance Minister sees no reason to worry about Petrobras
In an interview with French newspaper Le Monde published on Wednesday, Haddad said the appointment last week of Magda Chambriard as the company's CEO was due to a deteriorating relationship between the previous head, Jean Paul Prates, and President Luiz Inacio Lula da Silva. "The CEO of Petrobras has practically the rank of a minister in Brazil, and a good relationship with the head of state is essential," he said, according to the newspaper.
- Zacks
Petrobras (PBR) Awards $11B Contract to Seatrium for FPSOs
Petrobras (PBR) awards Seatrium an $11 billion contract to build FPSO vessels for Brazil's Santos Basin, enhancing oil production and sustainability.
