Petrobras plunges after pouring cold water on extra dividend hopes

3 hours ago 1
truck enters Petrobras gas station

Leila Melhado/iStock Editorial via Getty Images

Petrobras (NYSE:PBR) closed -7.3% on Friday after posting weaker than expected Q2 results and warning it sees little chance of paying extraordinary dividends this year.

Q2 swung to a net profit of 26.65B reais (~$4.9B) from a net loss of 2.61B reais

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