Brazil's Petrobras posts 21.5% rise in third-quarter net profit

By Reuters News23:21 (UTC), 10 November 2026 Updated

SAO PAULO, Nov 10 (Reuters) - Brazilian state-run oil firm Petrobras posted on Tuesday a 39.75 billion reais ($7.1 billion) net profit for the third quarter, up 21.5% from a year earlier and compared to 47.02 billion reais expected by analysts in an LSEG poll.

Adjusted earnings before interest, taxes, depreciation and amortization for the July-September quarter stood at 85.82 billion reais, a 34.3% rise, and below the 93.97 billion reais LSEG consensus.

($1 = 5.5926 reais)

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