Brazilian Economy: The Black Friday.
We are in the second half of November, and the market is organizing for what Genial Investimentos considers the most significant event of the year for Petrobras (PETR3; PETR4).
This is the release of the Strategic Plan 2024-2028 of the state-owned company. This plan, which is still under development, is expected to be published by the end of this month and is highly anticipated by the market.
The crucial point of the planning for the years 2024-2028 is centered on the projection of the resources to be contributed by the company, as well as their allocation.
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This plan is the first during the term of Luiz Inácio Lula da Silva, who expressed the desire to expand and diversify Petrobras’s investments, with an emphasis on the growing transition to cleaner energy sources.
The Theme of Investors
One of the main issues in the market related to the new Strategic Plan and is related to the potential increase in the volume of investments. The expected amount of US$ 100 billion in investments could significantly impact the flux of cash for Petrobras in previous years, and the increase could result in increased dividends for investors from shareholders, given that the shareholder responsibility is not expected to remain stable but should result in potential increases in dividends for the next years.
According to the estimates of the market, the yield in dividends should reach 10%, which is considered one of the most viable investment opportunities even for less traditional companies. This analysis was divulged in an relation in the conference – feira (14).
The general performance of the company also depends on how it evolves to this debt but emphasizing that it has an outstanding balance of US$ 65 billion, therefore the politics of dividends may reach US$ 4 billion/year (R$ 1,60/action).
In June, Petrobras was undergoing the approval process of the council of administration for the review of the strategies in the plan, as it should directly affect the carbon credits that will be associated with the upcoming operations.
The analysts predict that the previous performance resurfaced to set with some previous results that were expressed on the results achieved, while the improvement in the bottom lines shows even higher frequent returns within the engines of the projects.
It is essential to consider that realize in
the investments in areas available in the companies’b> the same compliance that will likely bring to results in the project that should contribute in the implementation on the environmental and revenues in the long term of the economy.
Source: Money Times

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