Reported about 6 hours ago
Petrobras has reported a 48.6% rise in net profit to 35.2 billion reais in Q1 2025, benefiting from non-recurring events. The company also declared 11.72 billion reais in dividends, approximately 0.91 real per share. Operationally, production increased by 5.4% compared to the previous quarter. Despite exceeding investment forecasts, concerns about dividend reductions persist among investors. Additionally, Petrobras made a valuable discovery of high-quality oil in the Santos Basin's pre-salt layer.
Source: YAHOO