1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. Petrobras
  6. News
  7. Summary
    PETR4   BRPETRACNPR6

PETROBRAS

(PETR4)
  Report
Delayed Bolsa de Valores de Sao Paulo  -  04:07 2022-07-01 pm EDT
28.53 BRL   +2.15%
07/01PETROBRAS : signs an agreement with the ANP July 1, 2022
PU
07/01Brazil's Petrobras reaches deal with regulator for royalties payments on shale oil unit
RE
06/29LATAMOIL : Petrobras to receive first Guyanese oil cargo
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

LatAmOil: Bolivian gas supply cuts may lead Petrobras to import more LNG

05/25/2022 | 08:36am EDT

Brazil’s national oil company (NOC) Petrobras has said it may need to import more LNG due to an unexpected cut in shipments of natural gas from Bolivia.

Petrobras noted in a statement that supply concerns had arisen as a consequence of the fact that YPFB, the Bolivian NOC, had reduced the volume of gas flowing to Brazil by 30% this month. YPFB is supposed to be delivering 20mn cubic metres per day of gas under the terms of its contract with Petrobras, the statement said, but it has only been delivering 14 mcm per day.

The cuts put the Brazilian company in a position of needing to find another way to cover domestic gas demand, the statement said. “This 30% decrease was not foreseen and implies the need for additional imports of LNG to meet Petrobras’ commitments of gas supply,” it commented.

Petrobras also stated that it intended to respond to YPFB’s unanticipated reductions with “fitting actions” but did not say what these might entail.

©2022 bne IntelliNews , source Magazine

All news about PETROBRAS
07/01PETROBRAS : signs an agreement with the ANP July 1, 2022
PU
07/01Brazil's Petrobras reaches deal with regulator for royalties payments on shale oil unit
RE
06/29LATAMOIL : Petrobras to receive first Guyanese oil cargo
AQ
06/29Ecuador's Oriente crude exports suspended, Napo flowing amid force majeure
RE
06/28PETROBRAS : on CEO's Inauguration June 28, 2022
PU
06/28Saipem, sale of FPSO Cidade de Vitoria for 73 million USD
AQ
06/28PETROBRAS : releases teasers for the sale of assets in refining and logistics in the count..
PU
06/27TEASER : REPAR Cluster June 27, 2022
PU
06/27TEASER : RNEST Cluster June 27, 2022
PU
06/27TEASER : REFAP Cluster June 27, 2022
PU
More news
Analyst Recommendations on PETROBRAS
More recommendations
Financials
Sales 2022 570 B 107 B 107 B
Net income 2022 141 B 26 549 M 26 549 M
Net Debt 2022 219 B 41 146 M 41 146 M
P/E ratio 2022 2,34x
Yield 2022 46,2%
Capitalization 391 B 73 615 M 73 615 M
EV / Sales 2022 1,07x
EV / Sales 2023 1,16x
Nbr of Employees 45 532
Free-Float 64,4%
Chart PETROBRAS
Duration : Period :
Petrobras Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PETROBRAS
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 28,53 BRL
Average target price 42,63 BRL
Spread / Average Target 49,4%
EPS Revisions
Managers and Directors
Caio Mario Paes de Andrade Chief Executive Officer & Director
Fernando Assumpção Borges President
Rodrigo Araujo Alves Chief Financial Officer
Gileno Gurjo Barreto Chairman & Executive Director-Exploration
Marcelo da Silva Carreras Head-IT & Telecommunications
Sector and Competitors
1st jan.Capi. (M$)
PETROBRAS0.28%73 615
SAUDI ARABIAN OIL COMPANY19.22%2 273 746
SHELL PLC30.23%187 772
PETROCHINA COMPANY LIMITED7.78%137 400
TOTALENERGIES SE12.37%133 242
EQUINOR ASA39.89%106 078