Executive Officer for Logistics, Commercialization and Market-Angelica Garcia Laureano Executive Officer for Corporate Affairs-Clarice Coppetti Chief Financial and Investor Relations Officer-Fernando Melgarejo Executive Officer for Engineering, Technology and Innovation-Renata Baruzzi Chief Governance and Compliance Officer-Ricardo Wagner Chief Exploration and Production Officer-Sylvia Couto dos Anjos Chief Industrial Processes and Products Officer-William Franca Acting Executive Officer for Energy Transition and Sustainability-William Nozaki Eduardo De Nardi Ros: Good afternoon, and welcome to Petrobras' webcast with analysts and investors about our second quarter 2026 results. It's a pleasure to have you with us today. This event will be presented in Portuguese with simultaneous interpretation into English.
Links for both languages are available on our Investor Relations website.[Operator Instructions] Joining us today are Magda de Chambriard, the President of Petrobras; Angelica Laureano, Executive Officer for Logistics, Commercialization and Market; Clarice Coppetti, Executive Officer for Corporate Affairs; Fernando Melgarejo, Chief Financial and Investor Relations Officer; Renata Baruzzi, Executive Officer for Engineering, Technology and Innovation; Ricardo Wagner, Chief Governance and Compliance Officer; Sylvia Anjos, Chief Exploration and Production Officer; William Franca, Chief Industrial Processes and Products Officer; and William Nozaki, Acting Executive Officer for Energy Transition and Sustainability. To begin with, I will hand it over to our President, Magda de Chambriard, for her remarks. President, please go ahead.
Magda de Regina Chambriard: Good morning, everyone. It's a pleasure to be with you today to demonstrate once again Petrobras' capacity to surpass its goals and deliver impressive results to our investors, be they from the public or private sectors. We have the full Board of Petrobras with us, and I'd like to take the opportunity to greet all investors, all of the representatives of our investors, all of the executives that are in this session with us and our partners and everybody that joined us remotely for the disclosure of our second quarter 2026 results.
Also, I'd like to greet everybody from the press joining us. We become increasingly prouder of our results. It's a pleasure to be here once again joined by you to once again present another result that surpassed the previous ones, a result of our intensive work with our diverse teams working in a partnership to deliver an increasing amount of oil, gas and byproducts with security, quality, efficiency and capital discipline.
In the first quarter of 2026, we reached several records. And in the second quarter, we surpassed them with important milestones once again. We reached -- and I must highlight this, we reached the highest net profit on a recurring basis for the quarter in dollars in the history of Petrobras.
This recurring profit excludes exclusive events. And it's also the highest gross profit in the history of Petrobras. And we're proud to say that we achieved those results with no sales of assets.
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