- Petrobras is trading at $23.93, up 10.53% today, driven by multiple catalysts.
- The company announced on October 2, 2026, a second oil-bearing interval at the Morpho exploration well offshore Amapá, adding to the Foz do Amazonas Basin’s resource potential.
- Further boosting the stock, right-wing Senator Flavio Bolsonaro outperformed polls in Brazil's presidential election first round, and analysts like Wall Street Zen and JPMorgan Chase issued positive ratings.
🟢 Petrobras surges 11% on Morpho well discovery, positive election results, and analyst upgrades