Petrobras Profit Grows 21.5% to R$39.8 Billion in 3rd Quarter
In 2026, Petrobras broke quarterly oil production records three consecutive times.
TL;DR
- Petrobras' net profit reached R$39.8 billion in Q3 2026, up 21.5% from the previous year.
- Operational cash flow increased by 15% to R$61.8 billion.
- Oil production exceeded projections, with an estimated daily average between 3.3 and 3.4 million barrels.
- The company set sequential quarterly records for oil production and saw record diesel production.
- R$15.3 billion in dividends will be paid to shareholders in February and March 2027.
- Investments totaled R$33 billion, with R$27.5 billion allocated to exploration and production.