Prio Q2 profit surged 169% to US$413.3 million on record output of 172,000 boepd. See what drove the jump and why it matters for investors.
Prio posted US$413M profit (+169% YoY) and 172k boepd record via Wahoo field ramp-up. Brazilian deep-water remains profitable beyond Petrobras: low-cost structure shields margins from oil volatility; buyback programme reflects robust cash generation.
Brazil · Energy
Key Facts
Net profit — US$413.3 million in 2Q26, up 169% from US$153.8 million a year earlier.
Record output — About 172,000 barrels of oil equivalent per day, up 72% year over year, a company record.
Revenue surge — Total revenue near US$1.4 billion, up 184% from 2Q25.
Lucro da Petrobras sobe 96,8% no 2º trimestre, para R$ 52,4 bilhões | G1
El beneficio de Petrobras saltó un 55,3 % interanual en el primer semestre - EFE
Lucro da Petrobras cresce 96,8%
Lucro da Petrobras sobe 96,8% no 2º tri e soma R$ 52,4 bi
Com produção recorde, resultados da Petrobras agradam os analistas
PRIO's Q2 net profit rose 169% to US$413 million on record output near 172,000 boepd and a record EBITDA around US$879 million.
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