Petrobras reports record output while Petrobras stock costs EUR 19.60

Published on 10/29/2026 at 12:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Production reached 3.512 million boe/d in the third quarter, up 11.7 percent year over year. Petrobras stock costs EUR 19.60 on October 29, 2026.

Production and reporting dates

Petrobras reached record third-quarter production of 3.512 million boe/d on October 28, 2026.
Refinery utilization reached 99 percent and diesel production hit a quarterly record.
Petrobras stock stood at EUR 19.60 at 12:17 p.m. CET at Lang & Schwarz on October 29, 2026.
Petrobras is scheduled to release third-quarter financial results on November 10, 2026.

PBR, US71654V4086, Illustration mit AI erstellt.

Petrobras (ISIN US71654V4086) was trading at EUR 19.60 at Lang & Schwarz on October 29, 2026, at 12:17 p.m. CET as the Brazilian oil producer reported record third-quarter output. According to Reuters on October 28, total production of oil, gas and natural gas liquids reached 3.51 million barrels of oil equivalent per day, up 11.7 percent from the third quarter of 2025.

Output climbs on new platforms

The production report covers July through September 2026. Petrobras said output increased 5.3 percent from the second quarter as the P-78 and P-79 floating production units ramped up in the Buzios field, while the Alexandre de Gusmao platform reached peak production at Mero, according to The Edge Singapore on October 29, 2026.

More operating detail came from Yahoo Finance: Petrobras brought 12 producing wells online during the quarter, six in the Campos Basin and six in the Santos Basin. Its own pre-salt production reached 2.96 million boe/d, up from 2.78 million boe/d in the previous quarter.

What comes next for Petrobras

Downstream operations added another operational signal. Refinery utilization reached 99 percent, five percentage points above the year-earlier level, while diesel production reached a quarterly record of 769,000 barrels per day, according to Yahoo Finance. Domestic refined-product sales reached 1.854 million barrels per day, up 6.4 percent from the second quarter.

The next financial checkpoint is scheduled for November 10, 2026, when Petrobras plans to release third-quarter financial results after markets close. A webcast is scheduled for November 11, 2026, according to the company's filed notice reproduced by StockTitan.

Trading snapshot

The record production sets a stronger operating base for 2027, but the upcoming financial release will show how output translated into revenue, cash flow and shareholder distributions. Petrobras stock was trading at EUR 19.60 at Lang & Schwarz on October 29, 2026, at 12:17 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of Petrobras stock.