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Petrobras hits record R$ 800 billion market value
Petrobras has reached a historic milestone, hitting a market capitalization of R$ 800 billion on the B3 exchange on Wednesday, October 14, 2026. This record follows a period of significant growth in 2026, during which preferred shares (PETR4) rose approximately 100% and ordinary shares (PETR3) climbed about 110%.
Several factors contributed to this valuation, including rising international oil prices and strong corporate developments. Notably, Petrobras secured agreements with Shell, TotalEnergies, and Petrogal to equalize costs and volumes for the Berbigão and Sururu fields in the Santos Basin. These deals are expected to generate approximately US$ 859 million in net revenue for the company by November 2026.
Operational performance has also been robust. In the second quarter of 2026, the company's oil production in Brazil reached 2.7 million barrels per day, a 15% increase compared to the previous year. Fuel production grew by over 10%, and the refinery park operated at over 100% capacity. For the first half of 2026, Petrobras reported a net profit of R$ 85.1 billion, representing a 37.6% increase over the first half of 2025.
Entities
B3 · Bank of America · Magda Chambriard · PRIO · Petrobras · Shell · TotalEnergies
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 7 SOURCES] In 2026, Petrobras preferred shares (PETR4) rose approximately 100% and ordinary shares (PETR3) rose approximately 110%. www.brasilemfolhas.com.br · gazetamt.com.br · portalleiamais.com.br · 98fmnatal.com.br · brasilpopular.com · +2 more
- [● 2 SOURCES] Petrobras reported a net profit of R$ 85.1 billion in the first half of 2026, a 37.6% increase compared to the same period in 2025. www.brasilemfolhas.com.br · 98fmnatal.com.br
- [● 6 SOURCES] The agreements with Shell, TotalEnergies, and Petrogal are expected to yield approximately US$ 859 million net to Petrobras by November 2026. www.brasilemfolhas.com.br · gazetamt.com.br · portalleiamais.com.br · 98fmnatal.com.br · brasilpopular.com · +1 more
- [● 5 SOURCES] The company's refinery park operated above 100% capacity during the second quarter of 2026. www.brasilemfolhas.com.br · gazetamt.com.br · portalleiamais.com.br · 98fmnatal.com.br · veja.abril.com.br
- [● 6 SOURCES] Petrobras's own oil production in Brazil reached 2.7 million barrels per day in the second quarter of 2026, a 15% increase from the same period in 2025. www.brasilemfolhas.com.br · gazetamt.com.br · portalleiamais.com.br · 98fmnatal.com.br · www.brasil247.com · +1 more
- [● 7 SOURCES] Petrobras reached a market value of R$ 800 billion on Wednesday, October 14, 2026. www.brasilemfolhas.com.br · gazetamt.com.br · portalleiamais.com.br · 98fmnatal.com.br · brasilpopular.com · +2 more
- [● 6 SOURCES] Petrobras signed agreements with Shell, TotalEnergies, and Petrogal regarding the Berbigão and Sururu fields in the Santos Basin. www.brasilemfolhas.com.br · gazetamt.com.br · portalleiamais.com.br · 98fmnatal.com.br · brasilpopular.com · +1 more
- [○ 1 SOURCE] Petrobras's market value reached R$ 800 billion, though this is lower than its 2008 peak of approximately US$ 309.7 billion. brasilpopular.com