Direxion Daily MSCI Brazil Bull 2X

Brazil's Finance Minister Says Government Measures Will Affect Budget by 10 Billion Reais

Brazilian Central Bank expects 9% loan growth and cuts interest rates to fight inflation

OPTIMI HEALTH CORP

HCW Biologics

Silexion Therapeutics

Vida Global

GCL Global

BiomX

MetaVia

Micware

MicroAlgo

PBR.A

BRZU

Petroleo Brasileiro (PETR3) plans a biofuels plant processing 800,000 tonnes/year of oils and fats, targeting either 620,000 tonnes/year SAF or 680,000 tonnes/year HVO, depending on setup.1Petrobras studies a potential partnership with Mexico’s Pemex covering upstream, refining and gas; a Pemex delegation is set to visit Brazil in June to discuss the deal.2

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Petroleo Brasileiro SA

Petroleo Brasileiro

Pro Ultr MSCI Brazil CPro

Key facts: Petrobras 800k t/yr biofuels plant; Pemex partnership study

Petrobras announced it will pay the first installment of shareholder remuneration for Q4 2025 on May 20, 2026, based on the shareholder position as of April 22, 2026. The payment, classified as interest on capital, will be adjusted by Brazil’s Selic rate and subject to income tax. Payments will be processed by Banco Bradesco for book-entry shareholders and via brokers for B3 investors. Holders of American Depositary Receipts will receive payment from May 28, 2026. Analysts rate PBR stock as a Buy with a target price of $24.80, citing strong financial performance and a favorable valuation.

Tip Ranks

Banco Bradesco SA

JPMorgan Chase

Banco Bradesco

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Petrobras Sets May 20 Payout for 4Q 2025 Shareholder Remuneration

Petrobras has unveiled its 2025 Climate Change and Energy Transition Supplement, outlining a $13 billion investment plan for 2026-2030 aimed at decarbonizing operations and diversifying into low-carbon businesses. The company aims for carbon-neutral operational emissions by 2050, having already reduced methane emissions by 62% since 2015. New initiatives include a Carbon Neutral Program and partnerships in renewable energy. Analysts rate Petrobras stock (PBR) as a Buy with a price target of $24.80, citing strong financial performance and a favorable valuation despite risks from oil price exposure and debt obligations.

ISHRS S&P Glb Engy

VG Energy

SPDR O&G Ex & Prd

SPDR Energy Select

iShares US Oil & Gas Expl & Prod

BP PLC-Spons

BP p.l.c.

Petrobras Details $13 Billion Energy Transition Push and 2050 Net-Zero Ambition in 2025 Climate Report

CRAK

Petroleo Brasileiro S.A.- Petrobras reported increased production and refinery utilization in Q1 2026, with oil production reaching 2.58 million barrels per day. The company is focusing on capital discipline amid fuel-price volatility. EBITDA was BRL 11.7 billion, with net income of $4.5 billion. Petrobras invested $5 billion, primarily in exploration and production. The company expects to reduce gross debt to $67 billion by 2026, while also planning to import diesel in the second half of the year due to seasonal demand.

Market Beat

VanEck Oil Refiners ETF

Petroleo Brasileiro S.A.- Petrobras Q1 Earnings Call Highlights

Petrobras (PETR3) has restarted urea production at its Ansa fertilizer plant in Paraná after a hiatus since 2020, with a restart cost of approximately R$870 million. This move marks Petrobras' re-entry into the fertilizer sector. Additionally, Presidents Lula and Sheinbaum announced plans for a cooperation MOU between Pemex and Petrobras, with a Petrobras team set to visit Mexico in mid-May to discuss various topics including production and biofuels.

Key facts: Petrobras restarts Ansa urea plant; plans Pemex MOU

Petrobras, Brazil's state-controlled oil company, reported record oil and gas production in Q1, emphasizing Brazil's growing role in global energy markets. The company operated its refineries at near full capacity, strategically addressing disruptions from the ongoing conflict in Iran. This performance highlights Brazil's potential to stabilize global energy supplies and showcases Petrobras's operational strength and the country's abundant natural resources, solidifying Brazil's position in the energy sector.

CoinLive

iShares MSCI Brazil

Brazil's Petrobras Achieves Record Oil and Gas Production Amid Global Energy Disruptions

Braskem SA shareholders approved the company's financial statements for 2025 and confirmed new board leadership during the Ordinary General Meeting on April 29, 2026. Over 80% of share capital supported the approval, indicating strong investor confidence. Magda Maria de Regina Chambriard was confirmed as chair, and Héctor Núñez as vice-chair. Despite this, analysts rate BAK stock as a Sell due to weak financial performance and high leverage, with a price target of $1.50. Braskem operates in the petrochemical sector, focusing on producing raw materials for various industries.

Braskem SA

Pro Ultrshrt MSCI Brazil CPro

Braskem Shareholders Approve 2025 Accounts and Confirm New Board Leadership

520870

The Bovespa Index fell by 2.05% today, closing at 184750.42, marking its largest one-day decline since March 20, 2026. It has now dropped for six consecutive trading days, totaling a decline of 5.80% over this period. The index is currently 7.00% off its record close of 198657.33 from April 14, 2026, and has seen a year-to-date increase of 14.66%.

MorningStar

E Fund Itausa Bovespa ETF(QDII)

Factset Research

Bovespa Index Ends 2.05% Lower at 184750.42 — Data Talk

Subsea 7 S.A. has secured a US$1.25 billion contract from Petrobras for the Sépia 2 pre-salt field, enhancing its SURF project pipeline in Brazil and Suriname. Despite this positive development, concerns remain regarding the impact of intense competition on margins and the proposed Saipem merger. Analysts project varying revenue and earnings forecasts for Subsea 7, with some predicting a decline by 2029. Investors are advised to consider these factors when evaluating the company's financial health and investment potential.

Simplywall

PETRONAS N6004

PETRONAS N5004

PETRONAS N3004

PETRONAS N5504

PETRONAS N2803

PETRONAS N3101

PETRONAS N6104

PETRONAS N3201

PETRONAS N4503

PETRONAS N3504

Subsea 7 (OB:SUBC) Is Down 6.1% After Winning US$1.25b Petrobras SURF Contract - Has The Bull Case Changed?

Braskem's majority stake sale progresses as Novonor and NSP Investimentos finalize a deal to transfer control to IG4 Capital's Shine I fund. Braskem's shares rose 1.7% following the announcement. The share transfer is expected to complete within 30 days, pending legal approvals. Additionally, Shine I and Petrobras are set to establish a new shareholders' agreement. Petrobras, holding 47% of Braskem's voting shares, is reviewing the transaction terms before making a decision on its waiver rights. The agreement outlines the sale of shares representing approximately 50.1% of Braskem's voting shares.

Braskem majority stake sale advances as Novonor signs deal to sell to IG4

Direxion Daily MSCI Brazil Bull 2X(BRZU.US)