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Petróleo Brasileiro S.A. - Petrobras (PBR-A)

NYSE - Nasdaq Real-time price. Currency in USD
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11.15+0.30 (+2.72%)
As of 03:28PM EDT. Market open.

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  • t
    timepasstou
    does anybody know when are election results typically released in Brazil?
    Same evening? Next day?
  • C
    Cornerlot
    Since March 2020 PBR has been trading within a channel. We are right at the bottom of the lower channel line. I would expect it to bounce off this 10.60 range. The wild card that may change its course is the election. I'm adding as I dont think who ever is prez will influence the trajectory. That's a gamble I can live with for now..
  • j
    jimbo
    Finally pulled the trigger to reinvest my divvies. (Including from the Sep. 8 payout.)

    No matter what, I expect for sure one, and maybe TWO quarterly dividends before Lula could realistically change policy.
    And with Superman Robert Campos Neto leading Brazil's central bank until 2024, to continue to shore up the real, I thought it was time to do the DRIP.

    Buy when there's fear, right?

    Good luck, longs. We might need it!
  • R
    Retired
    Question for the group on reporting posts as spam...I just reported the last three spam posts posted here....does that remove them for everyone or just for me?
  • U
    Uchechukwu
    Why is the dividend $1.11 per share instead of $1.29 per share??
  • D
    David
    new pbr strategy to be released in Nov..focus on pre salt and new investments in renewables of course if lula wins there will be a new strategy in the spring but he mentioned renewables
  • V
    Vince
    Petrobras on P-83 construction contract



    Rio de Janeiro, September 28, 2022 - Petróleo Brasileiro S.A. – Petrobras informs that today it signed a contract with Keppel Shipyard Limited for the construction of the P-83 platform, as a result of the advancement of the Búzios field development project, in the Santos Basin pre-salt area.

    The P-83 will be able to produce up to 225 thousand barrels of oil per day, process up to 12 million m3 of gas per day, and store more than 1.6 million barrels. The project foresees the interconnection of 15 wells, 8 of which are oil producers and 7 injectors. The platform will be the eleventh unit to be installed in Búzios. Petrobras is the operator of this field with a 92.6% stake, with CNOOC and CNODC as partners, with 3.7% each.

    The P-83 will be built by shipyards in Singapore, China, and Brazil, and will reach the local content percentage of 25%. The platform will start production in 2027 and will contribute to increase the field's installed capacity from the current 600 thousand bpd to 2 million bpd.

    The P-83 is part of the company's new generation of platforms, with high production capacity and technologies to reduce carbon emissions. The platform will use the closed flare technology, which increases the use of gas and prevents it from being burned into the atmosphere, in a safe and sustainable way. Another innovation will be the methane gas detection system, capable of acting to prevent or mitigate the risk of leaks of this compound.

    The platform will also be equipped with CCUS technology - CO2 Capture, Use, and Geological Storage. Petrobras is a pioneer in the use of this technology, which allows it to combine increased productivity with reduced carbon emissions.

    The P-83 will also be equipped with "digital twins" technology, which consists of the platform's virtual reproduction, allowing several remote simulations and operational tests, ensuring safety and reliability.
  • B
    Beef Schnitzerlin
    Polls aren't showing Bolsonaro is expected to win but if he does, we could see a strong positive reaction in PBR. Thoughts?
  • F
    Florida Mullet
    The Fidelity mailman delivered my big fat PBR gift basket once again.
    Thank you PBR and Brazil for the most excellent partnership
  • P
    Paulf
    Right wrong or indifferently, added one fifth position at average price of 12.36$ between last Friday and today.
    This, added to one third core position, now a bit over half invested in this baby!
    Good luck all!
  • M
    Mitra
    anybody got their divi in Fidelity?
  • C
    Cornerlot
    Brazilian stocks doing well today! Pricing in the next prez and policies..Whomever it may be.
  • O
    Oil for America
    Time to buy more? today or tomorrow?
  • B
    Brent
    George sticking out his chest over the recent pullback lol. Fine -- it's a free world to think what you like. PBR, however, has paid out $5.17 per share in dividends so far this year while gaining $1.48 at the current pre-market quote, for a whopping total return of 60.5%! Further, oil is down due to macro factors aka the soaring dollar. Hard buy.
  • P
    Paulf
    They’re liking petr3.SA in Brazil, too.
  • J
    Jeff
    India's state energy department signed a deal with PBR on Saturday. That seems good to me. Not advice.
  • g
    geois
    Was wondering how do earn the dividend like do you have to have the stock for a couple of mot days?
  • P
    Paulf
    Another two and a half % of total future maximum position @ $12.01 this morning. (55% in)