Petrobras Stock Price Forecast – PBR Yields 14.8% as Pre-Salt Output Surges and Debt Stays Manageable
Petrobras (NYSE:PBR) Stock Balances Pre-Salt Growth, Heavy Capex, and Double-Digit Yield Amid Oil Price Pressure
NYSE:PBR Production Growth Anchored by Pre-Salt Expansion
Petrobras NYSE:PBR has pushed its operated production to more than 2.9 million barrels per day in Q2 2025, up 5% quarter-over-quarter, even with Brent crude averaging just $67.80 per barrel, down from $75.70 in Q1. The growth came from Brazil’s pre-salt reserves, where the new FPSO Alexandre de Gusmão added 180,000 barrels per day of capacity in May. With more FPSOs arriving through 2026, Petrobras aims for 3.2 million barrels per day by 2028, over 80% from pre-salt, underscoring the dominance of these high-margin assets in its portfolio.
