Petrobras Q1 2026: Despite Dip, Operational Wins Shine

Petrobras reports Q1 2026 earnings, netting $6.2 billion, down 7.2% YoY despite record output and refining gains. Profits surge 127% QoQ due to Brent crude price spike. Adjusted EBITDA hits $11.3 billion, operating cash flow at $44 billion. Despite profit dip, Petrobras highlights operational wins, peak production, refinery utilization, new stakes, and discoveries. Capex jumps 25.6% to $26.8 billion, while gross debt remains steady. Nine billion reais in dividends approved, $72.4 billion in taxes and royalties paid. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2fbc32e8d4df0d61

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