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Profit to Petrobras Grows 21.5% and Goes to R$ 39.8 Billion in the 3rd Quarter

Summary by CartaCapital
In 2026, Petrobras hit a quarterly record in oil production three times, sequentially.

5 Articles

Lean Right

The increase in oil production and the international valuation of the oil barrel as a function of the war in the Middle East contributed to Petrobras' record yesterday a net profit of R$ 39.75 billion in the third quarter of this year. The result represents a high of 21.5% in relation to the gain of R$ 32.7 billion in the same period of 2025. Material exclusively for subscribers. To have full access, access the link of the matter and make your r…

·Rio de Janeiro, Brazil
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In 2026, Petrobras hit a quarterly record in oil production three times, sequentially.

·São Paulo, Brazil
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Petrobras achieved net profit of R$ 39.8 billion in the 3rd quarter of 2026, which corresponds to a high of 21.5% in comparison to the same period last year. The balance reported by the company on Tuesday (10) reports that the operating cash flow (FCO) reached R$ 61.8 billion (US$ 12 billion), a growth of 15% in twelve months. "Our projection was to close the year with an average production of 3.1 million barrels of oil equivalent per day, but o…

·Quadra, Brazil
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The company reported that the review reflects the progress of operational efficiency; the administration approved payment of dividends worth R$ 15.3 billion

Results came in below market estimates, but production hit a record and the company announced R$ 15 billion in dividends; CNN editor and economics analyst Lucinda Pinto explains the results to CNN Prime Time.

·São Paulo, Brazil
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CNN Brasil broke the news in São Paulo, Brazil on Tuesday, November 10, 2026.
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