The actions of Petrobras closed on a high and among the highest valuations in the Ibovespa this Friday (29), in the wake of quarterly financial results that were received by the market.
The state-owned ordinary paper (PETR3) rose 6.42%, quoted at R$36.96. already the action preference (PETR4) increased 5.76%, to R$ 34.15. Receipts for shares traded on the New York Stock Exchange (PBR) were up 7.17% at US$ 14.35.
The increase reflects a positive reaction from investors to the balance sheet for the second quarter of 2022. Between April and June, Petrobras recorded a net profit of BRL 54.33 billion . In comparison with the same period in 2021, the increase was 26.8%.
The market expectation was that the company would register a profit of R$ 38 billion.
Adjusted earnings before interest, taxes, amortization and depreciation (Ebitda) totaled BRL 98.26 billion between April and June, compared to BRL 61.9 billion in the same period in 2021.
The company’s sales revenue totaled BRL 170.96 billion, compared to BRL 110.7 billion in the same period in 2021.
The balance was released on Thursday night (28), with the market reflecting the data in this Friday’s session.
In addition to the quarterly results, Petrobras shares are benefiting from the rise in the Petroleum Brent type, reference to the state-owned company. THE commodity closed up 2.68% to $110.01 . While WTI rose 2.28% to $98.62.
The appreciation is advantageous not only for Petrobras, with other oil companies on the stock market also on the rise. The actions of PetroRio (PRIO3) advanced 1.81%, and those of 3R Petroleum (RRRP3), 6.88%.
dividends
Petrobras also announced on Thursday the payment of dividends to shareholders for the second quarter of 2022 in the value of R$ 6.73 per share preferred and common shares currently outstanding. The payment was divided into two installments in the amount of R$ 3.36 on August 31 and September 20. The total is BRL 87.8 billion, the largest in the company’s history.
In the case of holders of receipts for shares traded on the New York Stock Exchange (called ADRs), the payment of dividends will take place on September 8 and 27. The cut-off date for holders of actions on B3 it will be August 11, and for holders on the North American stock exchange, August 15.
The information that the state-owned company’s board would approve the payment of the “megadividend” had been anticipated by CNN reporter Pedro Duran . Added to the payment of R$ 48.5 billion referring to the first quarter, the total paid exceeds that accumulated in 2021, of R$ 101.4 billion.
Source: CNN Brasil
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