Petrobras raises 2026 operating cash flow forecast to US$ 45 billion–US$ 50 billion
Bitget2026/11/11 00:09- Petrobras raised its 2026 operating cash flow forecast to US$ 45 billion–US$ 50 billion from US$ 35 billion.
- Cash capital spending is now forecast to reach US$ 22 billion, versus US$ 16.9 billion previously, reflecting accelerated projects and currency effects.
- Oil production guidance increased to 2,700,000–2,800,000 barrels per day from 2,500,000, supported by efficiency gains and platform ramp-ups.
- Manageable operating expenses are projected at US$ 24.2 billion–US$ 25.5 billion, versus US$ 20.2 billion previously, reflecting higher production and logistics costs.
- Higher Brent prices boosted cash generation, enabling faster investment execution; nine-month cash capital spending totaled US$ 14.6 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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