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Petrobras Reaches Market Value Record After New Discovery in the Equatorial Margin

Summary by CartaCapital
Only on Friday, the company added 20.9 billion reais to its market value

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Only on Friday, the company added 20.9 billion reais to its market value

·São Paulo, Brazil
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Market value of oil in B3 reached R$ 700.08 billion at the close of the week; only on Friday the company added R$ 20.9 billion

Brasília, Oct 3 (Prensa Latina) The Brazilian company Petrobras for the first time exceeded the 700 billion reais (136 billion dollars) in market value, reported today the press. The post Compañía Brasil Petrobras imposes record in market value first appeared on Noticias Prensa Latina.

Petrobras reached R$ 700.08 billion in market value on Friday (2), beating the company's historical record. The [...]

Petrobras reached R$ 700.08 billion in the closing of the summit in B3, the São Paulo Stock Exchange, on Friday (2), beating the record of market value, as reported by the company itself. The record occurred after the announcement of a new discovery of oil in ultra-deep waters, in the Sedimentary Basin of the Basin of the Amazon Foz, in the Brazilian Equatorial Margin. Related news:Distributors prepare to secure energy on election day.New discov…

·Quadra, Brazil
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Petrobras (PETR3;PETR4) exceeded R$ 700 billion in market value for the first time on Friday (2). PETR4 preferential roles ended the day with high 2.81%, R$ 51.17, while ordinary PETR3 recorded gains of 3.25%, R$ 56.62. With the strong advance, the state added R$ 20.9 billion in market value [...]

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moneytimes.com.br broke the news on Friday, October 2, 2026.
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