Petrobras

PBR

Market cap $82B

PBR extends its AHTS Normand Turquesa contract with Solstad Offshore to 2031, lifting the total value near $100 million and securing deepwater support.

PBR remains a great Buy for dividend hunters, thanks to its discounted valuation arising from the state run status and the upstream risks from the commodity's price volatility. The new 5Y investment plan emphasizes capital preservation and efficient allocation, with the $109B budget through 2030 aimed at production growth targets. Dividend remains attractive at an estimated FWD yield of ~9.8%, albeit with variable payouts and extreme sensitivity to ongoing oversupply risks from the higher OPEC+/US production outputs.

Brazilian oil regulator ANP has told Petrobras that it cannot resume offshore drilling in the Foz do Amazonas basin until it provides information on a leak of synthetic fluid in the environmentally sensitive region, the agency said on Thursday.

I present my top 10 high-yield dividend-paying companies for 2026, emphasizing sustainable income, growth, and capital appreciation. Selections include AXA, Allianz, PepsiCo, Verizon, Nestlé, Realty Income, VICI Properties, Altria, Chevron, and Petrobras, all meeting strict yield, valuation, and size criteria. These companies offer attractive forward dividend yields, strong dividend growth records, competitive industry positioning, and current valuations that provide a margin of safety.

PBR halts drilling at the Morpho well after a fluid leak, suspending Foz do Amazonas Basin operations for up to 15 days under Ibama monitoring.

A fluid leak has halted Brazilian state-run oil firm Petrobras' drilling of a well in the environmentally sensitive Foz do Amazonas Basin, the company said on Tuesday.

Brazilian equities posted strong gains on Tuesday, supported by higher oil prices and fresh signs of improving domestic economic activity. According to InfoMoney, the Ibovespa — the benchmark index — advanced sharply after the opening bell.

The latest trading day saw Petrobras (PBR) settling at $11.74, representing a -1.51% change from its previous close.

PBR starts oil production at the P-78 FPSO in the Buzios field, adding 180,000 bpd capacity and advancing Brazil's offshore energy push.

PBR gets ANP approval to import up to 20 million cubic meters per day of Bolivian gas for two years, expanding supply via Caceres and Gasbol.