Petroleo Brasileiro SA- Petrobras ( (PBR) ) has issued an announcement.
On January 31, 2025, Petrobras received a payment of R$1.025 billion from Petro Rio Jaguar Petróleo S.A. (PRIO) as part of a contingent payment agreement related to the sale of its stake in the Albacora Leste oil field. This marks the final installment of the payment, following a previous installment of R$295 million received on January 31, 2024, indicating a successful conclusion to the transaction and impacting Petrobras’s financials positively.
More about Petroleo Brasileiro SA- Petrobras
Petrobras, officially known as Petróleo Brasileiro S.A., is a Brazilian multinational corporation in the petroleum industry. The company focuses on the exploration, production, refining, and distribution of oil and gas, serving a significant role in the global energy market.
YTD Price Performance: 6.72%
Average Trading Volume: 14,333,175
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $86.19B
See more data about PBR stock on TipRanks’ Stock Analysis page.