Previous close | 15.69 |
Open | 15.91 |
Bid | 0.00 x 2200 |
Ask | 0.00 x 2200 |
Day's range | 15.53 - 16.00 |
52-week range | 10.01 - 17.91 |
Volume | |
Avg. volume | 20,710,890 |
Market cap | 100.563B |
Beta (5Y monthly) | 1.00 |
PE ratio (TTM) | 4.44 |
EPS (TTM) | 3.51 |
Earnings date | N/A |
Forward dividend & yield | 2.20 (14.15%) |
Ex-dividend date | 26 Apr 2024 |
1y target est | 17.13 |
Petrobras (PBR)-operated Buzios oil field has reportedly produced 1 billion barrels of oil by the end of March this year. With new production systems, PBR expects this figure to grow even further.
State-run energy firm Petrobras has hit growing resistance from Indigenous groups and government agencies to its premier exploration project, which would open the most promising part of Brazil's northern coast to oil drilling. Environmental agency Ibama denied Petrobras a license for exploratory drilling offshore in the Foz do Amazonas area last year, citing possible impacts on Indigenous groups and the sensitive coastal biome.
The board of directors of Brazilian state-run oil company Petrobras is scheduled to meet on Friday, but a much-awaited discussion on extra dividends will not be on the agenda, four sources familiar with the matter told Reuters. Market participants have been eagerly awaiting a decision on whether the oil giant will pay out the extraordinary dividends relative to its 2023 results or not, but the final word will likely come next week when shareholders gather for a general assembly, the sources said. Petrobras' board in March voted to set aside 43.9 billion reais ($8.39 billion) to pay out in extra dividends in the future, with Brazil's government - which controls the company and its board - hoping it would be able to reinvest that cash.