🇧🇷 Petrobras $PBR Q3 2026 Update 1) Offshore growth powerhouse. Record oil production +12% YoY, low lifting costs, massive pre-salt reserves and FPSO expansion. 2) Strong financials. 26% D/E, low net financial debt, 6.7% borrowing cost. Heavy CAPEX and leases funding rapid growth. 3) Attractive valuation. 22% FCF yield (13% after leases), ~10% dividend while rapidly growing and reinvesting. Recent Brazil selloff following Lula's victory and falling oil prices have hit shares hard. Full Video: https://t.co/kLi1PPn2UI

$PBR Petrobras Record-breaking production and excellent operational performance. Oil output jumped 12.4% to 2.83 million barrels per day, while lifting costs fell to just $6.12 per barrel, or $8.45 including leases. Total costs rose 15% due to higher production taxes, mainly driven by stronger oil prices and royalties. Overall, outstanding efficiency and production growth.

BPNeutral

Yesterday on

🇬🇧 BP $BP Q3 2026 Update 1) Turnaround underway. Castrol sold, Aker BP stake reduced, 2.2M boe/d production. 2) Strong financials. Profits doubled, debt falling, A1/A−/A+ credit, 18%-27% FCF yield, 4.5% dividend. 3) Deep value? Massive upside potential, but weak reserves, high CAPEX needs and management execution risks. Full Video: https://t.co/j1AZowhPfR

BPNeutral

Yesterday on

$BP is executing on deleveraging - cutting buybacks, selling non-core assets - but still much to go... Once that's done, I would like to see their vision for the future - like Shell's LNG / Gas / Canada story https://t.co/NxfNP65iSz

BPNeutral

Yesterday on

$BP Are we seeing BP turning around? Annualized FCF yield ~28%? Even adjusting for working capital and non-controlling shareholders its ~18% https://t.co/IiTgliEakJ