COLCAP 2,309.56 ▲ 0.49% SELIC 14.25% USD/BRL5.07▼ 0.45% USD/MXN17.39▼ 0.21% USD/CLP934.29▼ 0.02% USD/COP3,219▼ 1.51% USD/PEN3.39▲ 0.09% USD/ARS1,478▼ 0.27% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% EUR/BRL5.78▼ 1.27% PETR4 41.61 ▲ 1.12% VALE3 72.37 ▲ 0.61% ITUB4 42.42 ▲ 0.28% BBDC4 18.54 ▲ 0.71% ABEV3 15.83 ▲ 0.25% BBAS3 20.67 ▲ 2.48% B3SA3 15.11 ▼ 0.98% WEGE3 42.64 ▼ 1.14% PRIO3 58.57 ▲ 1.53% SUZB3 41.53 ▼ 0.86% RENT3 36.63 ▼ 2.29% AZZA3 17.83 ▼ 1.87% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.74 ▲ 5.38% GMAT3 3.81 ▼ 1.04% PSSA3 53.24 ▼ 1.77% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.61 ▲ 0.29% CURY3 29.61 ▼ 1.92% AERI3 2.05 ▼ 0.97% PAGSEGURO 9.54 ▲ 2.69% VIVARA 21.29 ▼ 3.05% TECNOGLASS 45.78 ▼ 0.72% INTER 5.56 ▼ 1.07% COMPASS 24.36 ▼ 0.98% VAMOS 3.10 ▲ 0.32% SANB11 27.20 ▲ 0.70% ASAI3 8.19 ▲ 0.61% SBSP3 28.63 ▼ 1.21% WALMEX 49.26 ▼ 0.24% GMEXICO 206.96 ▲ 3.05% FEMSA 226.04 ▼ 0.41% CEMEX 21.87 ▼ 0.05% GFNORTE 185.85 ▲ 3.25% BIMBO 59.05 ▼ 0.76% TELEVISA 9.75 ▲ 0.41% AMX 22.72 ▼ 0.09% GAP 376.99 ▼ 0.32% ASUR 272.73 ▼ 0.60% OMA 224.57 ▼ 0.83% KOF 180.78 ▼ 0.02% GRUMA 283.56 ▼ 1.40% KIMBER 38.12 ▼ 0.70% SQM-B 64,766 ▲ 2.61% COPEC 6,360 ▲ 2.58% BSANTANDER 79.34 ▲ 4.27% FALABELLA 5,905 ▲ 0.50% ENELAM 84.49 ▲ 0.45% CENCOSUD 2,020 ▲ 1.26% CMPC 1,083 ▲ 1.59% BANCO CHILE 191.00 ▲ 2.42% LATAM AIR 24.38 ▼ 0.12% YPF 80,250 ▲ 1.33% GGAL 8,005 ▲ 2.04% PAMPA 5,445 ▲ 3.32% TXAR 665.50 ▼ 0.75% ALUAR 967.00 ▲ 0.78% TGS 9,775 ▲ 2.89% CEPU 2,351 ▲ 2.71% MIRGOR 16,900 ▼ 1.31% COME 43.11 ▲ 0.37% LOMA NEGRA 3,630 ▲ 1.61% BYMA 293.50 ▼ 0.09% TELECOM ARG 4,218 ▲ 1.75% ECOPETROL 16.50 ▲ 2.90% BANCOLOMBIA 83.58 ▲ 3.42% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 394.57 ▲ 2.00% SOUTHERN COPPER 186.12 ▲ 6.31% BUENAVENTURA 31.21 ▲ 3.83% MERCADOLIBRE 1,818 ▼ 0.81% NUBANK 14.29 ▲ 2.11% XP 16.76 ▼ 0.24% STONE 11.26 ▲ 1.28% GLOBANT 31.95 ▼ 1.05% GAP AIRPORT 217.10 ▼ 0.01% OMA AIRPORT 103.34 ▼ 0.64% AMX ADR 26.03 ▼ 0.27% FEMSA ADR 129.98 ▼ 0.02% CEMEX ADR 12.59 ▲ 0.76% PETROBRAS ADR 18.48 ▲ 1.59% VALE ADR 14.25 ▲ 1.03% ITAU ADR 8.36 ▲ 0.48% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% AAVE 95.14 ▲ 5.98% IPSA 10,957.23 ▲ 0.55% EGX 53,990 ▲ 1.63% USD/ZAR16.45▼ 0.50% USD/NGN1,376▼ 0.27% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY163.03▲ 0.32% USD/CNY6.76▼ 0.17% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD1.14▼ 0.04% GBP/USD1.34▼ 0.45% SPX 7,511 ▲ 0.92% DJI 52,250 ▲ 0.79% NDX 29,170 ▲ 1.98% RUT 2,980 ▲ 1.28% TSX 35,318 ▲ 1.02% VIX 17.05 ▼ 8.58% USD/CAD1.41▲ 0.20% US10Y 4.6300 ▲ 0.70% COLCAP 2,309.56 ▲ 0.49% SELIC 14.25% USD/BRL 5.07 ▼ 0.45% USD/MXN 17.39 ▼ 0.21% USD/CLP 934.29 ▼ 0.02% USD/COP 3,219 ▼ 1.51% USD/PEN 3.39 ▲ 0.09% USD/ARS 1,478 ▼ 0.27% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% EUR/BRL 5.78 ▼ 1.27% PETR4 41.61 ▲ 1.12% VALE3 72.37 ▲ 0.61% ITUB4 42.42 ▲ 0.28% BBDC4 18.54 ▲ 0.71% ABEV3 15.83 ▲ 0.25% BBAS3 20.67 ▲ 2.48% B3SA3 15.11 ▼ 0.98% WEGE3 42.64 ▼ 1.14% PRIO3 58.57 ▲ 1.53% SUZB3 41.53 ▼ 0.86% RENT3 36.63 ▼ 2.29% AZZA3 17.83 ▼ 1.87% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.74 ▲ 5.38% GMAT3 3.81 ▼ 1.04% PSSA3 53.24 ▼ 1.77% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.61 ▲ 0.29% CURY3 29.61 ▼ 1.92% AERI3 2.05 ▼ 0.97% PAGSEGURO 9.54 ▲ 2.69% VIVARA 21.29 ▼ 3.05% TECNOGLASS 45.78 ▼ 0.72% INTER 5.56 ▼ 1.07% COMPASS 24.36 ▼ 0.98% VAMOS 3.10 ▲ 0.32% SANB11 27.20 ▲ 0.70% ASAI3 8.19 ▲ 0.61% SBSP3 28.63 ▼ 1.21% WALMEX 49.26 ▼ 0.24% GMEXICO 206.96 ▲ 3.05% FEMSA 226.04 ▼ 0.41% CEMEX 21.87 ▼ 0.05% GFNORTE 185.85 ▲ 3.25% BIMBO 59.05 ▼ 0.76% TELEVISA 9.75 ▲ 0.41% AMX 22.72 ▼ 0.09% GAP 376.99 ▼ 0.32% ASUR 272.73 ▼ 0.60% OMA 224.57 ▼ 0.83% KOF 180.78 ▼ 0.02% GRUMA 283.56 ▼ 1.40% KIMBER 38.12 ▼ 0.70% SQM-B 64,766 ▲ 2.61% COPEC 6,360 ▲ 2.58% BSANTANDER 79.34 ▲ 4.27% FALABELLA 5,905 ▲ 0.50% ENELAM 84.49 ▲ 0.45% CENCOSUD 2,020 ▲ 1.26% CMPC 1,083 ▲ 1.59% BANCO CHILE 191.00 ▲ 2.42% LATAM AIR 24.38 ▼ 0.12% YPF 80,250 ▲ 1.33% GGAL 8,005 ▲ 2.04% PAMPA 5,445 ▲ 3.32% TXAR 665.50 ▼ 0.75% ALUAR 967.00 ▲ 0.78% TGS 9,775 ▲ 2.89% CEPU 2,351 ▲ 2.71% MIRGOR 16,900 ▼ 1.31% COME 43.11 ▲ 0.37% LOMA NEGRA 3,630 ▲ 1.61% BYMA 293.50 ▼ 0.09% TELECOM ARG 4,218 ▲ 1.75% ECOPETROL 16.50 ▲ 2.90% BANCOLOMBIA 83.58 ▲ 3.42% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 394.57 ▲ 2.00% SOUTHERN COPPER 186.12 ▲ 6.31% BUENAVENTURA 31.21 ▲ 3.83% MERCADOLIBRE 1,818 ▼ 0.81% NUBANK 14.29 ▲ 2.11% XP 16.76 ▼ 0.24% STONE 11.26 ▲ 1.28% GLOBANT 31.95 ▼ 1.05% GAP AIRPORT 217.10 ▼ 0.01% OMA AIRPORT 103.34 ▼ 0.64% AMX ADR 26.03 ▼ 0.27% FEMSA ADR 129.98 ▼ 0.02% CEMEX ADR 12.59 ▲ 0.76% PETROBRAS ADR 18.48 ▲ 1.59% VALE ADR 14.25 ▲ 1.03% ITAU ADR 8.36 ▲ 0.48% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.02 ▲ 0.50% GERDAU 4.69 ▲ 0.11% AAVE 95.14 ▲ 5.98% IPSA 10,957.23 ▲ 0.55% EGX 53,990 ▲ 1.63% USD/ZAR 16.45 ▼ 0.30% USD/NGN 1,376 ▲ 0.02% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,188 ▼ 0.21% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 163.02 ▲ 0.35% USD/CNY 6.7554 ▼ 0.03% DAX 25,011 ▲ 0.66% CAC 8,363 ▲ 0.28% FTSE 10,586 ▲ 0.58% MIB 52,285 ▲ 0.81% IBEX 19,380 ▲ 0.90% STOXX 643.19 ▲ 0.56% EUR/USD 1.1410 ▼ 0.04% GBP/USD 1.3385 ▼ 0.31% SPX 7,511 ▲ 0.92% DJI 52,250 ▲ 0.79% NDX 29,170 ▲ 1.98% RUT 2,980 ▲ 1.28% TSX 35,318 ▲ 1.02% VIX 17.05 ▼ 8.58% USD/CAD 1.4102 ▲ 0.17% US10Y 4.6300 ▲ 0.70%
since 2009
Tuesday, July 21, 2026

Brazil Business - Brazil

Brazil Taps Vaca Muerta: Petrobras Opens Tri-Nation Gas Corridor

By · October 6, 2025 · 2 min read

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Brazil’s state-controlled Petrobras has taken a small but telling step that could reshape how the Southern Cone keeps its factories running.

On October 3, in partnership with Pluspetrol, the company imported a pilot batch of natural gas from Argentina’s Vaca Muerta shale—100,000 cubic meters (about 3.5 million cubic feet)—by pipeline from Argentina into Bolivia and then on to Brazil.

The deal is “interruptible,” but allows imports up to 2 million cubic meters a day (roughly 70 million cubic feet) when the economics line up.

The story behind the story is about three neighbors realigning their energy roles. Argentina has rapidly expanded output from Vaca Muerta, one of the world’s largest shale reserves.

Bolivia, once a key supplier to the region, is producing less than in past years but owns the pipelines that connect everyone. Brazil, meanwhile, needs reliable gas beyond its own offshore associated gas and pricey liquefied natural gas cargoes.

Brazil Taps Vaca Muerta: Petrobras Opens Tri-Nation Gas Corridor. (Photo Internet reproduction)
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Linking the three through existing pipes gives Brazil another lever to steady prices and keep power plants and industry supplied. There’s also a strategic angle for Petrobras.

Argentina-Brazil Gas Trials Signal Growing Regional Energy Link

The company already has a foothold in Neuquén through its local subsidiary, which holds a 33.6 percent, non-operated stake in the Río Neuquén field.

Earlier this year, other firms used the same corridor on trial runs, suggesting an emerging market rather than a one-off stunt. Still, “interruptible” matters: flows can pause during Argentina’s winter or when local demand surges.

What to watch next is capacity and timing. If Argentina keeps expanding its northbound takeaway and Brazil opens more entry points in the south, these pilot volumes could scale into a regular stream, offering Brazilian industries—from ceramics and glass to fertilizers and power generation—more bargaining power and less volatility.

Why this matters: it’s a practical, near-term way to make regional energy cheaper and more dependable using pipelines that already exist. That helps jobs and growth—and it does so by aligning neighbors’ interests rather than relying only on distant LNG ships.

 

Live Company IntelligencePetroleo Brasileiro Petrobras SA ADR — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
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◆ Live Company Intelligence
Petroleo Brasileiro Petrobras
NYSE: PBRPETR4EnergyOil & Gas Integrated43,199 employees
$115.81B
Market cap
Analyst target $22.58

Wall Street view

4.4Buy/ 5
11 Buy3 Hold0 Sell
Avg. price target $22.58  ·  +42% vs 200-day

Valuation & profitability

Market cap$115.81B
Revenue (TTM)$498.09B
P / E ratio5.7
Profit margin21.6%
Return on equity25.6%

Price & risk

52-wk low
$10.97
52-wk high
$22.07
Beta (volatility)-0.14
200-day average$15.93

Revenue trend · 6y

20202025
Latest $88.10B

Ownership

Institutions26.9%
Shares outstanding3.72B
Top holderGQG Partners LLC
Institutional holders5+ funds

Dividend

Yield17.1%
Payout ratio29.1%
Fwd. annual$1.76
What Petroleo Brasileiro Petrobras does. Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil, China, the United States, the Americas, Asia, Europe, Singapore, and internationally. It operates through three segments: Exploration and Production; Refining, Transportation & Marketing; and Gas & Low Carbon Energies. The Exploration and Production segment explores, develops, and produces…
Data: EODHD fundamentals (PBR.US) · figures in USD · as of 21 Jul 2026More company intelligence →

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