Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) Q2 2024 Results Conference Call August 9, 2024 10:00 AM ET
Company Participants
Magda Chambriard - CEO
Clarice Coppett - Executive Director of Corporate Affairs
Claudio Schlosser - Executive Director for Logistics, Trade and Markets
Fernando Melgarejo - Executive Director of Finance and Investor Relations
Mário Spinelli - Executive Director for Governance and Compliance
Mauricio Tolmasquim - Executive Director for Energy Transition and Sustainability
Renata Baruzzi - Executive Director for Engineering Technology and Innovation
Wagner Victer - Executive Director for Production and Processes
William de Silva - Executive Director for Industrial Processes and Products
Conference Call Participants
Bruno Montanari - Morgan Stanley
Vicente Falanga - Banco Bradesco
Pedro Soares - BTG Pactual
Gabriel Barra - Citi
Luiz Carvalho - UBS Investment Bank
Regis Cardoso - XP
Caio Ribeiro - Bank of America
Lilyanna Yang - HSBC
Rodrigo Almeida - Santander
Rodolfo Angele - JPMorgan
Bruno Amorim - Goldman Sachs
Monique Greco - Itaú BBA
Jorge Gabrich - Scotiabank
Operator
Good morning, and welcome to Petrobras' earnings call for analysts and investors. We are going to discuss our results for the second quarter of 2024. It's a pleasure to have you here. This event will be held in Portuguese, but it is being simultaneously translated into English. You may access the links to both languages on our Investor Relations website. [Operator Instructions] You may send your questions via e-mail, petroinvest@petrobras.com.br.
We have with us Clarice Coppetti, Executive Director of Corporate Affairs; Claudio Schlosser, Executive Director for Logistics, Trade and Markets; Fernando Melgarejo, Executive Director of Finance and Investor Relations; Mário Spinelli, Executive Director for Governance and Compliance; Mauricio Tolmasquim, Executive Director for Energy Transition and Sustainability; Renata Baruzzi, Executive Director for Engineering Technology and Innovation, Wagner Victer, Executive Director for Production and Processes; and William Francis, Executive Director for Industrial Processes and Products. We also have other executives from the company with us.
We will begin with a video bearing a message of our CEO, Magda Chambriard.
Magda Chambriard
Good morning, everyone. I want to thank investors, analysts and the entire audience that joined us today. Concerning the results of the second quarter of 2024, I can say that they were very solid and occurred as expected. A nonrecurring event, such as the tax agreement with the Ministry of Finance, brought significant advantages to the company and to the Federal Union that were recognized by the market.