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Overview
- The board approved an R$0.94320755 per‑share distribution to be paid in two installments on 20 February and 20 March 2026, with the form of payment (dividends and/or interest on equity) to be defined by 11 December 2025.
- Shareholders of record on 22 December 2025 at B3 and 26 December 2025 for ADRs will be eligible, with ADR payments starting on 27 February and 27 March 2026.
- The Federal Government stands to receive 28.67% of the R$12.16 billion payout.
- Petrobras posted R$32.7 billion in 3Q net income as stronger operations offset a year‑on‑year Brent decline to about US$69, and gross debt closed the quarter at US$70.7 billion, below the US$75 billion cap tied to the payout trigger.
- Executives reported accelerated 2025 investments (US$14 billion through September; US$18.5 billion expected for the year), studies to lift FPSO output, and regulatory clearance to drill an ultra‑deep well in the Foz do Amazonas basin exceeding 7,000 meters.