Business description: Petrobras

Petroleo Brasileiro S.a. Petrobras is a Brazil-based government agency. The Company specializes in the oil, natural gas and energy industry. Petrobras has three operational segments: Refining, Transportation, and Marketing (R&M), which encompasses the activities of refining, logistics, transportation, acquisition and export of crude oil, as well as the purchase and sale of petroleum-derived products, in Brazil and abroad; Exploration and Production (E&P), which encompasses the activities of exploration, production development and production of oil, natural gas liquids (NGL) and natural gas, as well as Gas and Low Carbon Energy (G&EBC), which encompasses logistics activities, natural gas and electricity trading, transportation and marketing of liquefied natural gas (LNG), power generation through thermal power plants, as well as the results of natural gas processing operations.

Number of employees: 43,199

Sales by Activity: Petrobras

Fiscal Period: December 2021 (BRL) 2022 (BRL) 2023 (BRL) 2024 (BRL) 2025 (BRL)

Refining, Transport and Commercialization (RTC)

40TCr 58TCr 47TCr 46TCr 47TCr

Exploration and Production

30TCr 40TCr 33TCr 32TCr 33TCr

G & EBC

6.5TCr 7.79TCr 5.55TCr 5.14TCr 4.85TCr

Corporate and other business

273.2Cr 263.6Cr 181.9Cr 171.9Cr 188.3Cr

Deduction

-32TCr -43TCr -35TCr -34TCr -36TCr

Geographical breakdown of sales: Petrobras

Fiscal Period: December 2021 (BRL) 2022 (BRL) 2023 (BRL) 2024 (BRL) 2025 (BRL)

Brazil

33TCr 49TCr 38TCr 36TCr 35TCr

China

- 3.29TCr 3.64TCr 4.11TCr 5.34TCr

Asia (Except China and Singapore)

- 775.7Cr 726.2Cr 1.08TCr 2.42TCr

Europe

- 3.04TCr 2.77TCr 2.92TCr 2.05TCr

Americas (Except United States of America)

- 3.69TCr 2.42TCr 1.93TCr 2.01TCr

Singapore

- 2.2TCr 1.53TCr 1.54TCr 1.47TCr

United States

- 2.53TCr 1.94TCr 1.83TCr 1.09TCr

Others

- 2.7Cr 36Cr 26Cr 232Cr

Exports

12TCr - - - -

Abroad

702.3Cr - - - -

Executive Committee: Petrobras

Manager TitleAgeSince
Chief Executive Officer 69 24/05/2024
Director of Finance/CFO 54 15/07/2024
Chief Administrative Officer - -
Compliance Officer 54 28/04/2023
Chief Tech/Sci/R&D Officer - -

Composition of the Board of Directors: Petrobras

Director TitleAgeSince
Director/Board Member 81 14/04/2022
Director/Board Member 61 01/05/2016
Director/Board Member 66 22/07/2020
Director/Board Member 49 25/04/2024
Director/Board Member 69 24/05/2024
Director/Board Member - 16/04/2025
Chairman - 06/04/2026
Chairman - 16/04/2026
Director/Board Member 55 16/04/2026
Director/Board Member 55 01/04/2021

Shareholders: Petrobras

NameStocks%Valuation
GQG Partners LLC
5.031 %
18,71,99,112 5.031 % 3 025 M $
GQG Partners LLC
4.661 %
17,34,40,105 4.661 % 2 803 M $
Baillie Gifford & Co.
1.194 %
4,44,38,548 1.194 % 718 M $
Capital Research & Management Co. (International Investors)
1.189 %
4,42,42,564 1.189 % 715 M $
Arrowstreet Capital LP
0.7673 %
2,85,53,456 0.7673 % 461 M $
NameStocks%Valuation
BNDES Participações SA
14.35 %
78,14,51,745 14.35 % 5 707 M $
GQG Partners LLC
6.599 %
35,93,96,486 6.599 % 2 625 M $
Government of Brazil
2.483 %
13,52,48,258 2.483 % 988 M $
BB Gestão de Recursos DTVM SA
0.5549 %
3,02,22,625 0.5549 % 221 M $
BRAM - Bradesco Asset Management SA DTVM
0.3753 %
2,04,43,248 0.3753 % 149 M $
NameStocks%Valuation
JPMorgan Investment Management, Inc.
1.723 %
4,69,09,942 1.723 % 687 M $
Invesco Asset Management Ltd.
1.237 %
3,36,90,123 1.237 % 493 M $
BlackRock Institutional Trust Co. NA
1.17 %
3,18,69,358 1.17 % 467 M $
Robeco Institutional Asset Management BV
1.139 %
3,10,27,467 1.139 % 454 M $
Morgan Stanley Latam LLC
0.7995 %
2,17,73,694 0.7995 % 319 M $
NameStocks%Valuation
3 %
22,32,73,700 3 % 1 802 M $
Banco Classico SA (Investment Management)
2.999 %
22,32,22,016 2.999 % 1 802 M $
Caixa DTVM SA
0.9272 %
6,90,04,905 0.9272 % 557 M $
BB Gestão de Recursos DTVM SA
0.4187 %
3,11,57,973 0.4187 % 252 M $
BRAM - Bradesco Asset Management SA DTVM
0.3672 %
2,73,24,227 0.3672 % 221 M $
NameStocks%Valuation
Mercer Global Investments Europe Ltd.
0.004773 %
1,77,623 0.004773 % 3 M $

Holdings: Petrobras

NameStocks%Valuation
7,57,61,73921.96% 93 M $

Company details: Petrobras

Petróleo Brasileiro SA

Avenida Henrique Valadares, 28

20031-030, Rio de Janeiro

+55 21 3224 2401

http://petrobras.com.br
address Petrobras(PBR N)

Group companies: Petrobras

NameCategory and Sector
Chemicals: Specialty
Oil & Gas Pipelines
Oil Refining/Marketing
Trucks/Construction/Farm Machinery
Wholesale Distributors

Integrated Oil & Gas

Change 5-day change 1-year change 3-year change Capi.($)
-1.04%-0.89%+8.13%-17.26% 1,73000Cr
-0.24%+4.45%+19.85%+18.35% 36TCr
+0.37%+2.48%+20.39%+36.74% 23TCr
-0.65%+2.00%+32.27%+38.81% 18TCr
+0.14%+4.43%+32.33%+19.09% 9.03TCr
-0.51%+1.58%+52.09%+62.40% 7.29TCr
-0.02%-0.20%+95.90%+244.44% 4.46TCr
-3.77%-.--%-.--%-.--% 4.04TCr
-0.50%-.--%-.--%-.--% 3.7TCr
Average -0.68%+2.39%+29.00%+44.73% 31TCr
Weighted average by Cap. -0.71%+3.22%+15.35%+3.42%
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
40.66BRL
Average target price
54.53BRL
Spread / Average Target
+34.12%

Quarterly revenue - Rate of surprise