RIO DE JANEIRO, Nov 6 (Reuters) -
Brazilian oil firm Petrobras reported on Thursday
a slight increase in its third-quarter net profit from a year
earlier, alongside a
12.2-billion-real
($2.25 billion) dividend payout.
Petrobras posted a net profit of 32.7 billion reais
($6.05 billion) for the July-to-September quarter, a 0.5%
increase. In dollars, net profit came up 2.7%.
Revenues fell 1.3% to 127.9 billion reais, under the 130
billion reais expected by analysts in an LSEG poll.
"We were able to offset this impact on revenue by
increasing our oil production to over 2.5 million barrels per
day, setting several operational records," said the state-run
firm's Chief Financial Officer Fernando Melgarejo in a
statement.
Adjusted earnings before interest, taxes, depreciation
and amortization (EBITDA) ticked up 0.4% in the period to 63.9
billion reais, above analysts' expectations of 62.1 billion
reais.
Capital expenditures totaled $5.5 billion in the
quarter, up 23.7% from the same period of last year.
($1 = 5.4039 reais)