Petrobras(PBR)
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Petrobras and CSN to Build Low-Carbon Hydrogen Plant in Brazil
ZACKS· 2024-12-23 19:46
Petrobras S.A. (PBR) , the Brazilian state-owned energy company, has signed a Protocol of Intent with Companhia Siderúrgica Nacional (“CSN”) and CSN Inova Soluções to develop a low-carbon hydrogen plant in Brazil. The agreement, which marks the beginning of a business partnership between the companies, is aimed at building a commercially viable low-carbon hydrogen plant in Paraná, Brazil.Low-carbon hydrogen can be used for various industrial processes and as a clean fuel. It can help reduce the carbon footp ...
Petrobras Stock Is Now Too Undervalued (Rating Upgrade)
Seeking Alpha· 2024-12-22 13:26
With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.I initiated coverage of Petróleo Brasileiro S.A. - Petrobras (NYSE: PBR ) (NYSE: PBR.A ) here on Seeking Alpha in late May 2024 , giving the stock a "Hold" rating as it seemed cheap indeed (both on the absoluteHe leads the investing group Beyond the ...
PBR Awards $2.8B Contracts for 12 New PSVs to Bram Offshore & Starnav
ZACKS· 2024-12-17 11:51
Petrobras (PBR) , an oil and gas company of Brazil, recently announced the allocation of 16.5 billion reais ($2.8 billion) in contracts aimed at constructing 12 new platform supply vessels (“PSVs”). The contracts, awarded to Bram Offshore, a subsidiary of Edison Chouest, and Starnav Serviços Marítimos, will significantly boost PBR's offshore operations and fleet, with each company slated to charter six vessels. This move plays a crucial part in PBR’s ongoing efforts to enhance its operational efficiency, su ...
Petrobras: Massive Dividends And No Lula Problems
Seeking Alpha· 2024-12-12 21:22
The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today!He is a contributing author for the investing group Cash Flow Club where along with Darren McCammon, they focus on company cash flows and their access to capital. Core fe ...
Petrobras' October Output Declines Following Platform Shutdowns
ZACKS· 2024-12-05 12:45
Petróleo Brasileiro S.A. - Petrobras (PBR) , a leading oil company in Brazil, experienced an 11% drop in its production levels in October from the same month in 2023. With PBR accounting for most of the country’s output, Brazil’s oil regulator, ANP, also reported that Brazil’s overall oil production dropped by 7.8% in October, reaching 3.268 million barrels per day. The decline in production levels was due to the scheduled shutdown at major oil fields like Buzios and Tupi.How the Shutdown Affected PBRTwo pl ...
Petrobras Opens Vessels Tender for Sergipe Deepwater Project
ZACKS· 2024-12-03 13:21
Petrobras (PBR) has announced a strategic move to enhance its offshore operations. The Brazilian company has launched a bid for up to two offshore oil production vessels for its Sergipe state deepwater project, SEAP. This announcement, made in a securities filing late on Friday, highlights Petrobras' commitment to expanding its offshore capabilities and enhancing production from one of Brazil's most promising oil-rich areas. PBR’s Ambitious Offshore Production PlansThe bid involves the procurement of Floati ...
Petrobras: There's Still Time To Buy This On The Cheap
Seeking Alpha· 2024-12-02 16:30
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
Petrobras to Transfer Minority Stake in Sergipe's Tartaruga Field
ZACKS· 2024-12-02 14:36
Petrobras S.A. (PBR) , a Brazilian state-owned energy company, has initiated the teaser phase of transferring a minority stake in the Tartaruga field. In this phase, the company provides the initial details about the assets put up for divestment. PBR plans to divest its 25% stake in the Tartaruga field, located in the shallow waters of the Sergipe-Alagoas Basin. The field lies in Pirambu, situated in Sergipe in Brazil.Overview of Tartaruga FieldThe field is operated by SPE Tiêta (controlled by Petrorecôncav ...
Petrobras' 5-Year Plan Could Provide Strong Returns
Seeking Alpha· 2024-12-01 15:55
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Petrobras (NYSE: NYSE: PBR ) is a large oil company with a market cap of almost $93 billion. The company has recently announced its 5-year guidance plan , ...
Petrobras: A Gift That Keeps On Giving - Rich Yields Remain Attractive
Seeking Alpha· 2024-11-28 15:00
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...