It is time to tighten the petrobras president ‘belts | The economy
A. Petrobras President Magda Chambard13, 13, Tuesday, the period looking forward to the company “greater” Challenge Still “what happened.” .
Although it grown yesterday – Brent barrel price ended at US $ 66.63, with a 2.57% increase in the trade dispute between the United States and China – oil prices were historically low. Therefore, Magda has highlighted capital discipline as a means of reducing costs. “We are not here to spend. It will cost control time.”
In the process, she said the company would review its strategic plan from 2026 to 2030 taking into account the price of oil. “We are committed to spending on the suitable levels of current oil price,” Magda said. “We will continue to make money for government or privately investors.”
At the height of the Covid -19 epidemic, for example, when the Brent type of oil was quoted at $ 20 per barrel, the garbage crisis in the 100 -year oil industry, the government -owned company had to put 62 platforms, frozen the production.
Hardness
According to the Technical Director Mahatma Ramos Dose Santas of the Institute for Strategic Studies of Oil, Natural Gas and Biofuels (INUP), Petrobras will also have to review its projects if the oil price is current. He recalled the average of Buar 83 to Brent Barrel in 2025, one of the premises, which predicted financial results, at 2025-2029.
“This fear, which points out in the speech of President Magda, reflects the general concept of the industry, but is also concerned with the financial health and profitability of Petrobras’s own projects,” Santas said.
Petrobras Financial Director Fernando Melgarezo also stressed the company’s hardness plan with short, medium and long -term actions. When asked about the implementation of the already scheduled investments, he said the company’s stability was committed. According to him, there are still allegations of investment released in the fourth quarter of the 2024 in this second quarter, but after that, it does not continue.
“Today’s moment is very different … it is natural to review the portfolio, from $ 80 to $ 60 (for the barrel), the way it has happened, the way it has happened, the way it has happened, the cost of the costfolio is very different,” said Ilan Urbetman’s active power analyst.
Equatorial margin
The President of the Petrobras, however, said the company believes in the capacity of this equator margin, so that the “struggle” continues to get a license to exploit the area with the already planned investments. “There is no future without exploration to an oil company. We will look for new reservations when we are already working in the fields.” “We have been successful in integrating the reserves, especially in pre-salt.”
According to Petrobras’s exploration and product director Silvia Anjos, the company plans for an equator margin with five wells perforated for $ 3 billion. “We have already distributed all Ibama orders and waiting to check Ibama,” said Silvia.
The director said that the lower price would affect dividends
Petrobras Chief Financial Officer, Fernando Melgarezo, said yesterday that if the price of Brent oil is low, they will reduce the possibility of paying extraordinary income this year. According to him, if the company’s cashier is more than the minimum cash established, the extraordinary ones are paid.
“We have seen we talk about an extraordinary dividend on the strategic plan,” said Melgarezo.
On the balance sheet released on Monday night, the state agency reported that the state’s board of directors’ board has approved the interest of 72 11.72 billion on the Equal Capital (JCP). Based on the balance of March 31, shareholders for the year 2025 are the NTIC of compensation, this amount is equivalent to R $ 0.90916619 through normal and preferred actions.
In the company’s current business plan, in relation to the period 2024-2029, the established results of the results are the price of Brent-Type Barrel R $ 83. Yesterday, despite increased 2.57%, Brent quotation ended at $ 66.63.
In a similar interview on the results of the state -ownership company in the first quarter, Petrobras President Magda Chabard said the business plan management guide and the company would continue with its implementation. According to her, by 2030 or 2032, the company will continue to ramp up (production growth), which will increase the company’s cash. Information from the newspaper S. State of Paulo.
