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Petróleo Brasileiro S.A. - Petrobras (PBR)

NYSE - Nasdaq Real Time Price. Currency in USD
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15.42+0.35 (+2.32%)
At close: 04:00PM EDT
15.50 +0.08 (+0.52%)
After hours: 07:56PM EDT
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  • A
    AK
    One more question to all the experts - Should I buy PBR-A or PBR? I am investing in my IRA accoount and have no interest in options etc. Purely Dividends. Please help
  • A
    AK
    Please can someone share with me the official PBR declaring dividends. Will appreciate it. Also, do I need to hold the PBR-A shares until the end of Monday or I can sell it after the start of the session - please help.
  • L
    Luis
    Question to the experts.
    I have been buying PBR since 2009 and accumulated 5750 shares, my average is 12.74, Should I sell PBR after the 23rd and buy PBRa ? I can get 500 additional PBRa shares and more Dividends next quarter. Thank You.
  • P
    Patrick
    I believe PBR EX-Dividend is Monday. My calculation is .74 Dividend to be paid June 27th. July 27th .74 dividend as well. PBR has a tax of about 20%. I figure after Brazil tax .58 or .60 dividend June 27th & July 27th. August financial report will be best ever. PBR raised price of gas & Diesel to align with world market. Declared Dividend in August for 2nd Quarter I expect to exceed $1 per share with oil at $110 per barrel. I don't see oil prices coming down till Northern Hemisphere Fall of year. Go PBR!!!😃
  • N
    NotAVag
    So ADR (NYSE traded shares) have to hold till record date (May 25, 2022) or just ex dividend (May 24, 2022) in order to get the next dividend?

    See info below.

    Record date: May 23, 2022 for holders of Petrobras shares traded on B3 and May 25, 2022 for ADR holders traded on New York Stock Exchange (NYSE). Petrobras shares will be traded ex-dividends on B3 and NYSE as of May 24, 2022.
  • P
    Paulf
    Buy Monday, May 23rd, ahead of x dividend date May 24, becoming shareholder of record May 25, receiving June and July dividends.
  • V
    Vince
    Petrobras hits oil in wildcat well off Brazil
    EXPLORATION & PRODUCTION
    April 4, 2022, by Melisa Cavcic
    Brazilian state-owned giant Petrobras has made an oil discovery in a wildcat well – located in the pre-salt Campos Basin offshore Brazil – and plans to resume the drilling operations until the final depth is reached to evaluate the new discovery and its quality.

    Petrobras reported last Friday that it has discovered a new oil accumulation in a wildcat well in the Alto de Cabo Frio Central block, situated in the southern portion of the pre-salt Campos Basin.

    Petrobras is the operator of the block with a 50 per cent stake, in partnership with BP, which holds the remaining 50 per cent interest in the block.

    According to Brazil’s Petróleo Hoje, the drilling of well 1-BRSA-1383A-RJS began in January 2022, within the Barra Velha formation. Located 230 km from the city of Rio de Janeiro, the well – Alto de Cabo Frio Central Noroeste – is lying in a water depth of 1,833 metres.

    Source: Petrobras
    Source: Petrobras
    Petrobras confirmed that the oil-bearing interval was verified by means of loggings and oil samples, which will later be characterized by laboratory analyses. The Brazillian player also infirmed that the consortium will continue drilling the well to the final depth originally planned to assess the dimensions of the new accumulation and to characterize the quality of the fluids and reservoirs found.

    Furthermore, for the Brazilian giant, this outcome is the result of a successful strategy of the consortium based on maximum use of data, and on the application of new technological solutions in Big Data and Artificial Intelligence. The use of supercomputers and High Performance Computing (HPC) resources, enabled the processing of the acquired data in real-time and allowed decision making in an agile and safe way.

    The Alto de Cabo Frio Central block was acquired by Petrobras in October 2017, in the third bidding round of the National Agency for Petroleum, Natural Gas and Biofuels (ANP), under the Production Sharing regime, with Pré-Sal Petróleo (PPSA) as manager.

    When it comes to Petrobras’ activities elsewhere, the Brazillian giant started a non-binding phase for the sale of its interest in a company, which holds E&P assets in the Gulf of Mexico in February 2022.
  • j
    jont
    how much in cash will 500 shares generate for the next dividend payment? been in PBR for 5 years now
  • A
    Anonymous
    Last chance!
    If you don't buy today you lose two divy's.
  • S
    StockRooster
    has anyone not seen this? May 16 (Reuters) - Brazilian President Jair Bolsonaro suggested on Monday he may tinker with state-run company Petrobras' profit policy, cutting the percentage distributed to shareholders, as he looks to curb fuel price hikes ahead of the country's October elections.
  • j
    jim
    PBR has turned me into a monogamous investor. When you look at its P/E, and its incredible yields.... nothing else even comes close.
    Momentum is building for my baby.
  • C
    Chen
    Outperforming market by a merely 60% ex-div and 70% if you count the dividend. I wonder how long it will take the smart money to buy us up? Are they truly smart as they claim?
  • C
    Chris
    ***** Where iz Paola on a fun day like this? You're missin' the sweet rebound action today
    *****deepsub
  • P
    Papa
    FYI for the payout May 23rd:

    May 17, 2022
    JPMorgan Chase Bank, N.A.
    500 Stanton Christiana Rd.
    Newark, Delaware 19713-2107
    Phone:800-990-1135 Fax:302-220-4591
    New York Stock Exch
    11 Wall Street
    15th Floor
    New York, New York 10005
    Attn: NYSE Operations
    Security Name: PETROBRAS (PBR.A) ADR - Final Announcement
    CUSIP: 71654V101
    **Gross rate of 2.9702487 BRL comprises of gross rate BRL 2.8610762( USD 1.1271328) with 0% tax
    plus selic rate adjustment of BRL 0.1091725 taxed at 15%( USD 0.0430090). Net adjusted tax rate
    changed from 0.00% to 0.55133%.**
    Please be advised of the following Final dividend information for the above noted issuer:
    Foreign Date DR Date
    Record Date April 13, 2022 April 18, 2022
    Payment/Value Date May 16, 2022 May 23, 2022
    Brazilian Real per foreign share 2.9702487
    DR Ratio 2:1
    Brazilian Real per DR 5.9404974
    Foreign Exchange Date May 16, 2022
    Final Foreign Exchange Rate ¹ 5.0767332
    All amounts are in USD
    Withholding Tax Rate 0.55133%
    Rate per DR 1.1701417
    Withholding Amount 0.0064513
    Dividend Fee 0.0020000
    DSC 0.0000000
    Other 0.0000000
    Final Dividend Rate per DR 1.1616904
  • C
    Cedric
    The PBR choo-choo gravy train keeps on rolling....this cash cow keeps on giving...

    PBR is my largest holding, and from the previous dividend, I have reinvested them. Just thinking if I should just use the cash elsewhere this time (maybe into VALE) or just keep reinvesting back into PBR-A.

    Not sure if I should keep adding to my largest share holding at the moment and perhaps I should reinvest the dividends somewhere else (in a way whatever I am purchasing elsewhere is free of charge courtesy of these dividends)

    Wonder what everyone else is doing with the upcoming dividends?
  • B
    Berta
    WOW look at the daily chart PBR from april 7 to 13 , 5 trading days before ex-div like we are right now, same price same pattern, we are going again to 16 $ , maybe higher we'll see in the next 5 days...

    The last 5 days before big dividends are always easy money for the stock price . Lots of new buyers all of a sudden for the juicy dividend ...
  • T
    Thomas
    Per my broker this is the pay schedule for common share (PBR):

    $1.22 dividend payable on 5/23
    $0.17 dividend payable on 6/27
    $0.56 dividend payable on 6/27
    $0.73 dividend payable on 7/27
  • A
    Andrew C
    Large block money flow just turned green. First time since 18 April.
  • H
    Hookem
    Brazilian President Jair Bolsonaro suggested on Monday he may tinker with state-run company Petrobras' profit policy, cutting the percentage distributed to shareholders, as he looks to curb fuel price hikes ahead of the country's October elections.

    In a speech during an event in Sao Paulo, Bolsonaro said that all the oil companies in the world have reduced their profit margins during this economic crisis, except for Petrobras.

    Earlier, the president said "there is more to come on the oil issue" and the government is "looking for alternatives."

    "We will certainly get involved with Petrobras on these issues as well. It is not possible for an oil company to have a 30% profit while the others have at most 15%," he said.

    Last week, Bolsonaro fired the then Minister of Mines and Energy, Bento Albuquerque, and replaced him with high-ranking Economy Ministry official Adolfo Sachsida in another sign of political turmoil over fuel-price hikes by Petrobras.
  • C
    Cedric
    All I want to say is, after these few years, investors have gotten used to political noise on PBR and have now learnt how to filter away the noise from politics, and focus only on the incredible potential earnings, free cash flow and sustained dividends from Petrobras.

    Politicians will continue to say what they have to say. Petrobras will continue to deliver what they will deliver, which is robust earnings, FCF, high returns to investors.