Petrobras (PBR) Gains Following Strong Q3 Results

The share price of Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) surged by 10.48% between October 31 and November 7, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Petrobras (PBR) Gains Following Strong Q3 Results

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is one of the largest oil and gas producers in the world. The Brazilian company is mainly dedicated to exploration and production, refining, energy generation, and marketing.

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) reported strong results for its third quarter on November 7, with the company posting a net profit of $6.05 billion, up by 2.7% YoY and 27.3% QoQ, despite the decline in oil prices. The Brazilian oil giant’s higher production and start-ups of new fields helped it cushion the impact of the slump in global crude prices. The high output also allowed it to achieve a record-high level of oil exports during the quarter.

Moreover, Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) reiterated its commitment to shareholders by approving the payment of $2.27 billion of interim dividends for Q3, slightly above expectations and far surpassing the $1.6 billion it paid for the second quarter.

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has no intention of slowing down, and the company announced last week that it is accelerating production from the Buzios field – the largest deep-water field in the world – helping it raise its payouts even further.

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