The logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes

By Fabio Teixeira and Marta Nogueira

RIO DE JANEIRO (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)

(Reporting by Fabio Teixeira, Marta Nogueira in Rio de Janeiro and Andre Romani in Sao Paulo; Editing by Sarah Morland and Kylie Madry)