OverviewSuggest Edit

Petrobras is a company active in the exploration and production, refining, marketing, transportation, petrochemicals, oil product distribution, natural gas, electricity, chemical-gas, and biofuel segments. Its oil and natural gas exploration and production activities include offshore and onshore exploration, appraisal, development, production, and incorporation of oil and natural gas reserves and producing oil and natural gas. The company also operates an infrastructure of pipelines and terminals and a shipping fleet to transport oil products and crude oil.
TypePublic
Founded1953
HQRio de Janeiro, BR
Websitepetrobras.com.br
Employee Ratings4.3

Latest Updates

Employees (est.) (Dec 2020)49,050(-15%)
Revenue (FY, 2020)$53.7 B(-29%)
Share Price (Sept 2021)R$26.5(+4%)
Cybersecurity ratingCMore
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Key People/Management at Petrobras

Roberto Castello Branco

Roberto Castello Branco

CEO
André Barreto Chiarini

André Barreto Chiarini

Chief Trading & Logistics Officer
Andrea Marques de Almeida

Andrea Marques de Almeida

Chief Financial and Investor Relations Officer
Carlos Alberto Pereira de Oliveira

Carlos Alberto Pereira de Oliveira

Chief Exploration and Production Executive Officer
Roberto Ardenghy

Roberto Ardenghy

Chief Institutional Relations and Sustainability Officer
Rudimar Andreis Lorenzatto

Rudimar Andreis Lorenzatto

Production Development Director
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Petrobras Office Locations

Petrobras has offices in Rio de Janeiro, Houston, Santa Cruz de la Sierra, Rotterdam and in 2 other locations
Rio de Janeiro, BR (HQ)
Av. República do Chile, 65 - Centro
Santa Cruz de la Sierra, BO
Calle los Lirios, Santa Cruz de la Sierra
Rotterdam, NL
Kruisplein 25, 5th floor
Rotterdam, NL
Weena 762, 9th floor - tower a
Singapore, SG
1 Raffles Place
London, GB
9th floor, 1 Angel Ct
Show all (7)

Petrobras Financials and Metrics

Petrobras Revenue

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Petrobras's revenue was reported to be $53.68 b in FY, 2020 which is a 29.9% decrease from the previous period.
USD

Revenue (FY, 2020)

53.7b

Revenue growth (FY, 2019 - FY, 2020), %

(29.9%)

Gross profit (FY, 2020)

24.5b

Gross profit margin (FY, 2020), %

45.6%

Net income (FY, 2020)

948.0m

EBIT (FY, 2020)

10.1b

Market capitalization (22-Sept-2021)

343.8b

Closing stock price (22-Sept-2021)

26.5

Cash (31-Dec-2020)

11.7b

EV

407.6b
Petrobras's current market capitalization is R$343.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

95.6b76.6b53.7b

Revenue growth, %

(20%)(30%)

Cost of goods sold

61.5b45.7b29.2b

Gross profit

34.1b30.9b24.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

23.0b23.4b24.9b21.2b18.5b19.4b17.1b9.5b13.1b

Cost of goods sold

14.7b14.6b16.1b14.2b10.8b11.9b9.9b6.1b6.9b

Gross profit

8.3b8.8b8.8b7.0b7.7b7.6b7.3b3.4b6.3b

Gross profit Margin, %

36%37%35%33%42%39%42%36%48%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

13.9b7.4b11.7b

Accounts Receivable

5.7b3.8b4.7b

Prepaid Expenses

394.0m

Inventories

9.0b8.2b5.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

20.0b17.0b14.2b9.4b16.7b13.2b15.5b19.5b12.7b

Accounts Receivable

4.7b5.0b6.4b5.0b4.0b4.2b3.1b2.6b2.3b

Inventories

8.8b9.2b9.7b8.5b8.9b7.6b6.0b5.0b5.3b

Current Assets

43.8b37.4b37.5b33.5b47.3b35.4b31.5b36.9b26.9b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

7.4b10.4b948.0m

Depreciation and Amortization

12.0b14.8b11.4b

Inventories

(2.0b)(281.0m)724.0m

Accounts Payable

804.0m(989.0m)216.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

2.2b4.9b6.6b1.1b6.1b8.3b(10.0b)(10.4b)(10.7b)

Depreciation and Amortization

3.4b6.5b9.2b3.7b7.4b11.2b3.5b6.3b9.2b

Inventories

(352.0m)(1.8b)(2.6b)373.0m(617.0m)134.0m446.0m1.1b742.0m

Accounts Payable

(418.0m)248.0m1.5b(630.0m)(843.0m)(785.0m)(830.0m)(292.0m)171.0m
USDQ1, 2018

Debt/Equity

1.2 x

Debt/Assets

0.4 x

Financial Leverage

3 x

P/E Ratio

88.4
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Petrobras Operating Metrics

Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020FY, 2020

Crude Oil and NGLs Production (Shallow Water, Brazil), kbpd

9589849076626959664337301732

Production Volume (Liquified Petroleum Gas), kbpd

129129123126118122137118124124124132119125

Sales Volume (Brazilian Market), kbpd

2.14 k2.3 k2.16 k2.15 k2.07 k2.05 k2.15 k2.11 k2.1 k1.95 k1.74 k2.05 k2.11 k1.96 k

Sales Volume (Diesel, Brazilian Market), kbpd

709843782731698732770697725610633374754687
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Petrobras Acquisitions / Subsidiaries

Company NameDateDeal Size
5283 Participações LTDA
Araucária Nitrogenados S.A.
Baixada Santista Energia S.A.
Braspetro Oil Services Company - Brasoil
Breitener Energética S.A.
Fundo de Investimento Imobiliário RB Logística - FII
Paraná Xisto S.A (i)
Petrobras Biocombustível S.A.
Petrobras Comercializadora de Energia S.A.. - PBEN
Petrobras Gás S.A. - Gaspetro
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Petrobras Revenue Breakdown

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Petrobras revenue breakdown by business segment: 87.4% from Refining, Transportation and Marketing, 9.8% from Gas and Power and 2.8% from Other

Human Capital Metrics

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Petrobras Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Petrobras Online and Social Media Presence

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Petrobras News and Updates

Petrobras Earnings Jump on Oil Rally and Brazil Water Crisis

Petrobras Earnings Jump on Oil Rally and Brazil’s Water Crisis

Traders Who Dumped Petrobras Misread the General-Turned-CEO

Traders Who Dumped Petrobras Misread the General-Turned-CEO

Petrobras Reaps $2.3 Billion in Latin America’s Top Share Sale

Petrobras on Track to Reap Billions in Year’s Biggest Share Sale

Petrobras Announces Expiration And Expiration Date Results Of Cash Tender Offers

RIO DE JANEIRO, June 8, 2021 /PRNewswire/ -- Petróleo Brasileiro S.A. – Petrobras ("Petrobras") (NYSE: PBR) today announced the expiration and expiration date results of the previously announced cash tender offers by its wholly-owned subsidiary, Petrobras Global Finance B.V. ("PGF"), with...

New Petrobras CEO in Hot Seat on Fuel Prices With Oil Climbing

New Petrobras CEO in Hot Seat on Fuel Prices With Oil Climbing

Army General Taking Petrobras Helm After Bolsonaro Shakeup

Army General Taking Petrobras Helm After Bolsonaro Shakeup
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Petrobras Frequently Asked Questions

  • When was Petrobras founded?

    Petrobras was founded in 1953.

  • Who are Petrobras key executives?

    Petrobras's key executives are Roberto Castello Branco, André Barreto Chiarini and Andrea Marques de Almeida.

  • How many employees does Petrobras have?

    Petrobras has 49,050 employees.

  • What is Petrobras revenue?

    Latest Petrobras annual revenue is $53.7 b.

  • What is Petrobras revenue per employee?

    Latest Petrobras revenue per employee is $1.1 m.

  • Who are Petrobras competitors?

    Competitors of Petrobras include Enel, Shell and Matador Resources Company.

  • Where is Petrobras headquarters?

    Petrobras headquarters is located at Av. República do Chile, 65 - Centro, Rio de Janeiro.

  • Where are Petrobras offices?

    Petrobras has offices in Rio de Janeiro, Houston, Santa Cruz de la Sierra, Rotterdam and in 2 other locations.

  • How many offices does Petrobras have?

    Petrobras has 7 offices.