Due to the rise in fuel prices from oil, companies in the commodity sector will maintain their profit over the next few months

The giant Petrobras, as well as other publicly traded companies in the oil sector, should continue to show good results in the next quarters of 2022, in the opinion of specialists consulted by the Broadcast website. The company released the balance of its profits with the commodity on Thursday night (5), exposing a rise of 3.718% in profit in the first quarter of this year, compared to the same period last year, and of 41,4% in relation to the last three months of the year, totaling R$ 44,5 billion.

According to Infomoney, the reason for believing in profit over the next few months is the hope that oil prices will continue to rise with a demand that exceeds supply, due to the sanctions imposed by the European Union on Russia, with a total embargo. of the commodity – products of animal origin or mineral extraction in the raw state, whose prices are determined by international supply and demand for the commodity. Oil is a commodity.

According to Nicolas Silva, responsible for the Expert Desk at CM Capital, even with the OPEC (Organization of Petroleum Exporting Countries and allies) to maintain increases in the production of the commodity, the drop in oil inventories tend to raise the price of the same.

In the month of April, the agitated international scenario, with regard to oil, allowed the companies in the sector “challenge” the behavior of the market, because the shares stood out, while the stock market in Brazil and abroad had big falls, recalls Fernando Damasceno, an analyst at Modalmais. Parallel to this, commodity companies had almost no maintenance stoppages. For Damasceno, Brent oil prices should settle above US$ 100 in the coming months, which will guarantee satisfactory results for companies in the commodity sector.

Dividend payments also boost oil sector

Another factor that can also generate huge profits for the oil sector is the payment of dividends, specifically for Petrobras. Yesterday the company announced early earnings of approximately R$3,17 per share to be paid to shareholders who were in the Petrobras database until May 23, 2021. These data refer to the first quarter of the year.
For Ricardo Peretti, equity strategist at Santander Brokerage, the news that the commodity is generating profits for companies in the sector, can keep investors excited in the foreground and leave, in the background, the affliction with the increase of 5% per year in the costs of extracting oil expected for commodity companies.
The two “buts” to the positive sign of profit for companies in the oil sector, were only given considering the effects of the lockdowns in China, due to the covid-19 outbreak, which may compromise the development of growth in the Asian country, reflecting on the economy worldwide. In addition, there is also the proximity of the elections in Brazil, which generates turbulence in the country and can generate, above all, in Petrobras due to the risk of political interference, reports Rodrigo Crespi, an analyst at Guide Investimentos. This Friday, the 07th, during the explanation of the balance sheet made by Petrobras, President Jair Bolsonaro again attacked the oil company, criticizing its profit and asking, once again, for Petrobras not to pass on the new increases in fuel prices .

With regard to the Top Picks recommendations – investments that an institution shows to its clients – next week, Ativa opted to change the entire portfolio. Camil ON, Gol PN, SulAmérica ON, Natura ON and Banco Inter Unit were withdrawn to join BRF ON, Cosan ON, Marfrig ON, Lojas Renner ON and Vale ON.
BB Investimentos only kept Petrobras PN in its portfolio and exchanged Kepler Weber ON, Multiplan ON, Portobello ON and Trisul ON for Alpargatas PN, Bradesco PN, Suzano ON and Taesa Unit. You can check out the other actions here at this link.