1232 ET - Brazil's state-controlled oil company Petrobras has the capability to keep paying "good dividends and even extraordinary dividends," in coming quarters, Suno Research's Joao Daronco writes. Petrobras reported last month a $2.8 billion 4Q net loss, with a 11% drop in revenues from the 3Q, in dollar terms. Except for non-recurring items, Petrobras would've had a $3.1 billion net profit last quarter, the company said. Daronco says Petrobras' capital structure remains healthy. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
March 07, 2025 12:32 ET (17:32 GMT)
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