Petrobras (PBR) Gains Following Strong Q3 Results

The share price of Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) surged by 10.48% between October 31 and November 7, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is one of the largest oil and gas producers in the world. The Brazilian company is mainly dedicated to exploration and production, refining, energy generation, and marketing.

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) reported strong results for its third quarter on November 7, with the company posting a net profit of $6.05 billion, up by 2.7% YoY and 27.3% QoQ, despite the decline in oil prices. The Brazilian oil giant’s higher production and start-ups of new fields helped it cushion the impact of the slump in global crude prices. The high output also allowed it to achieve a record-high level of oil exports during the quarter.

Moreover, Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) reiterated its commitment to shareholders by approving the payment of $2.27 billion of interim dividends for Q3, slightly above expectations and far surpassing the $1.6 billion it paid for the second quarter.

Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) has no intention of slowing down, and the company announced last week that it is accelerating production from the Buzios field – the largest deep-water field in the world – helping it raise its payouts even further.

While we acknowledge the potential of PBR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 12 Best Utility Stocks to Buy for Dividends and 11 Best High Yield Energy Stocks to Buy Now.

Disclosure: None.