Petrobras' CFO Commits "Realistic" Budgeting in New Business Plan
PBRPetrobras(PBR) ZACKS·2024-09-18 19:51

Petrobras (PBR) , is preparing its next five-year business plan covering 2025-2029 and according to chief financial officer, Fernando Melgarejo, this strategy will focus on realistic investment levels while potentially increasing the company's debt ceiling. This plan is anticipated to be released in November and is designed to ensure that the company continues to grow while maintaining financial flexibility. In a recent video interview, Melgarejo stated that PBR is having ongoing discussions on the plan, wh ...