Petrobras announced, on Thursday night (6), that it had a net profit of R$32.7 billion in the third quarter of 2025. According to the company, the result was driven by oil and gas production of 3.14 million barrels of oil equivalent per day. Profit for the period is 23% higher than that of the previous quarter.
Also according to the company, the operational performance led the company to record an operating cash flow of R$53.7 billion (US$9.9 billion).
“The results were also favored by a slight increase in the price of oil compared to the last quarter”, pointed out the company in a statement published on the website.
“Petrobras is generating positive financial results and returns for its shareholders, even in the face of the new level of oil prices”, said the financial and investor relations director, Fernando Melgarejo.
Efficiency
According to Petrobras’ disclosure, the director understands that there was an increase in efficiency and a reduction in production stoppages. He also highlighted that the company reached the top of production at the Almirante Tamandaré Production, Storage and Transfer Unit (FPSO) and exceeded its nominal capacity.
“There are several work fronts that translate into concrete results for the company, its shareholders and Brazilian society”, he considered.
Petrobras calculated that, considering the first nine months of 2025, there were almost R$200 billion in taxes for Brazilian society. “R$12.16 billion in dividends and interest on equity were approved for the period,” he stated in the note.
Petrobras guarantees that the largest portion of investments is in the “exploration and production” segment, focusing on the development of production in the pre-salt, with progress in the construction of new units for the Búzios, Atapu and Sépia fields.
