Company Petrobras

Company Petrobras

PETR4

BRPETRACNPR6

Integrated Oil & Gas

Analysts' Consensus

Equities

PETR4

BRPETRACNPR6

Integrated Oil & Gas

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Petrobras

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Integrated Oil & Gas

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Petrobras

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Integrated Oil & Gas

Market Closed - Sao Paulo Other stock markets 04:12:01 2024-04-19 pm EDT			5-day change	1st Jan Change
40.53 ^BRL	+11.53%		+3.10%	+8.83%

Apr. 19	Brazil's Petrobras expected to pay 100% of withheld dividends, says newspaper O Globo	RE
Apr. 18	Petrobras unit to launch by May process to contract four vessels	RE

Petroleo Brasileiro S.A.-Petrobras specializes in the oil, natural gas and energy industry. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora S.A., and Corporate.

Number of employees: 46,730

BRL in Million	2022	Weight	2023	Weight	Delta
Refining, Transportation and Marketing 91.3 %	574,647	89.6 %	467,273	91.3 %	-18.69%
Gas and Low Carbon Energy 7.6 %	57,267	8.9 %	39,088	7.6 %	-31.74%
Exploration and Production 0.8 %	6,747	1.1 %	3,859	0.8 %	-42.80%
Corporate and Other 0.3 %	2,595	0.4 %	1,774	0.3 %	-31.64%

BRL in Million	2022	Weight	2023	Weight	Delta
Brazil 74.5 %	485,892	75.8 %	381,317	74.5 %	-21.52%
China 7.1 %	32,908	5.1 %	36,359	7.1 %	+10.49%
Europe 5.4 %	30,430	4.7 %	27,695	5.4 %	-8.99%
Americas (except United States) 4.7 %	36,861	5.7 %	24,246	4.7 %	-34.22%
United States 3.8 %	25,347	4.0 %	19,418	3.8 %	-23.39%
Singapore 3.0 %	22,034	3.4 %	15,337	3.0 %	-30.39%
Asia (except China and Singapore) 1.4 %	7,757	1.2 %	7,262	1.4 %	-6.38%
Other 0.1 %	27	0.0 %	360	0.1 %	+1,233.33%

Managers	Title	Age	Since
Jean Paul Terra Prates CEO	Chief Executive Officer	54	23-01-25
Sergio Caetano Leite DFI	Director of Finance/CFO	53	23-03-29
Carlos José do Nascimento Travassos CTO	Chief Tech/Sci/R&D Officer	57	23-03-29
Mário Spinelli CMP	Compliance Officer	52	23-04-27
William Franca Da Silva PRN	Corporate Officer/Principal	-	-
Mauricio Tolmasquim PRN	Corporate Officer/Principal	-	-
Claudio Romeo Schlosser PRN	Corporate Officer/Principal	-	-
Joelson Falcão Mendes PRN	Corporate Officer/Principal	60	86-12-31
Mauro Yuji Hayashi PRN	Corporate Officer/Principal	-	85-02-28
João Gonçalves Gabriel SEC	Corporate Secretary	-	-

Members of the board	Title	Age	Since
Marcelo Mesquita de Siqueira Filho BRD	Director/Board Member	54	16-05-11
Marcelo Gasparino da Silva BRD	Director/Board Member	53	21-03-31
José João Abdalla Filho BRD	Director/Board Member	78	22-04-13
Francisco Petros Oliveira Lima Papathanasiadis BRD	Director/Board Member	59	16-04-30
Rosangela Buzanelli Torres BRD	Director/Board Member	64	20-07-21
Jean Paul Terra Prates CEO	Chief Executive Officer	54	23-01-25
Vitor Eduardo de Almeida Saback BRD	Director/Board Member	42	23-04-27
Sergio Machado Rezende BRD	Director/Board Member	83	23-04-27
Bruno Moretti BRD	Director/Board Member	43	23-04-27

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	7,442,454,142	3,701,673,777 ( 49.74 %)	222,760 ( 0.002993 %)	63.62 %
Stock B	1	5,602,042,788	4,596,700,143 ( 82.05 %)	104,136,909 ( 1.859 %)

Name	Equities	%	Valuation
BNDES Participações SA 16.07 %	900,210,496	16.07 %	6 719 M R$
GQG Partners LLC 5.200 %	291,278,564	5.200 %	2 174 M R$
Government of Brazil 2.414 %	135,248,258	2.414 %	1 009 M R$
Itaú Unibanco SA 1.154 %	64,632,037	1.154 %	482 M R$
BB Gestão de Recursos DTVM SA 0.5845 %	32,743,594	0.5845 %	244 M R$
AZ Quest Investimentos Ltda. 0.4250 %	23,809,527	0.4250 %	178 M R$
AllianceBernstein Australia Ltd. 0.3529 %	19,769,800	0.3529 %	148 M R$
Bram Bradesco Asset Management S/A DTVM 0.3381 %	18,941,985	0.3381 %	141 M R$
Eurizon Capital SGR SpA 0.3074 %	17,222,514	0.3074 %	129 M R$
Goldman Sachs Advisors BV 0.2938 %	16,457,000	0.2938 %	123 M R$

Name	Equities	%	Valuation
Fidelity Management & Research Co. LLC 1.838 %	51,478,415	1.838 %	767 M R$
Goldman Sachs Asset Management LP 1.170 %	32,775,489	1.170 %	488 M R$
JPMorgan Investment Management, Inc. 1.156 %	32,392,448	1.156 %	483 M R$
Schroder Investment Management North America Ltd. 0.9826 %	27,522,931	0.9826 %	410 M R$
Morgan Stanley Uruguay Ltda. 0.9090 %	25,460,188	0.9090 %	379 M R$
Massachusetts Financial Services Co. 0.8336 %	23,348,889	0.8336 %	348 M R$
Robeco Alternative Investments 0.7736 %	21,667,450	0.7736 %	323 M R$
Aperio Group LLC 0.7729 %	21,649,095	0.7729 %	323 M R$
The WindAcre Partnership LLC 0.7664 %	21,466,000	0.7664 %	320 M R$
Arrowstreet Capital LP 0.6658 %	18,649,891	0.6658 %	278 M R$

Name	Equities	%	Valuation
GQG Partners LLC 5.728 %	213,166,510	5.728 %	3 242 M R$
Baillie Gifford & Co. 1.256 %	46,720,807	1.256 %	711 M R$
Arrowstreet Capital LP 1.020 %	37,940,668	1.020 %	577 M R$
Lazard Asset Management LLC 0.6186 %	23,020,785	0.6186 %	350 M R$
Fisher Asset Management LLC 0.4495 %	16,726,313	0.4495 %	254 M R$
Artisan Partners Holdings LP 0.3681 %	13,698,042	0.3681 %	208 M R$
ARGA Investment Management LP 0.3562 %	13,253,773	0.3562 %	202 M R$
UBS Asset Management (UK) Ltd. 0.2681 %	9,977,572	0.2681 %	152 M R$
Mondrian Investment Partners Ltd. 0.2204 %	8,201,931	0.2204 %	125 M R$
ITAÚ UNIBANCO HOLDING S.A. 0.2183 %	8,124,042	0.2183 %	124 M R$

Name	Equities	%	Valuation
Government of Brazil 50.26 %	3,740,470,811	50.26 %	28 605 M R$
Banco Classico SA (Investment Management) 2.173 %	161,702,116	2.173 %	1 237 M R$
Caixa DTVM SA 0.9571 %	71,234,967	0.9571 %	545 M R$
Itaú Unibanco SA 0.9096 %	67,695,214	0.9096 %	518 M R$
BB Gestão de Recursos DTVM SA 0.4391 %	32,678,527	0.4391 %	250 M R$
Bram Bradesco Asset Management S/A DTVM 0.4045 %	30,101,657	0.4045 %	230 M R$
Gartmore Investment Ltd. 0.2593 %	19,297,280	0.2593 %	148 M R$
Santander Brasil Gestão de Recursos Ltda. 0.1775 %	13,208,226	0.1775 %	101 M R$
Caixa Econômica Federal 0.1503 %	11,188,165	0.1503 %	86 M R$
Sjunde AP-fonden 0.1416 %	10,536,498	0.1416 %	81 M R$

Name	Equities	%	Valuation
BRASKEM S.A. 47.03%	212,426,952	47.03%	1,088,116,700 $
PETROBRAS 0.00%	222,760	0.00%	1,703,559 $

Petróleo Brasileiro SA

Avenida República do Chile 65

20031-912, Rio de Janeiro

http://petrobras.com.br

Name	Category and Sector
Petrobras Global Finance BV	Finance/Rental/Leasing
Petrobras America, Inc. Petrobras America, Inc. Oil Refining/MarketingEnergy Minerals Petrobras America, Inc. explores, refines and trades petroleum and petroleum products. It also markets oil and oil products and procures materials and equipment. The company was founded in 1987 and is headquartered in Houston, TX.	Oil Refining/Marketing
Petrobras International Braspetro BV Petrobras International Braspetro BV Contract DrillingIndustrial Services Petrobras International Braspetro BV engages in the exploration and production of oil and gas products. The firm also provides pipeline transportation and gas compression. The company is headquartered in Rotterdam, the Netherlands.	Contract Drilling
Petrobras Biocombustível SA Petrobras Biocombustível SA Chemicals: SpecialtyProcess Industries Petrobras Biocombustível SA engages in production of ethanol and bio fuel. Its solutions include research and development in ethanol, biodiesel, and second generation ethanol. The company was founded in 2008 and is headquartered in Rio de Janeiro, Brazil.	Chemicals: Specialty
Petrobras Netherlands BV Petrobras Netherlands BV Oil & Gas ProductionEnergy Minerals Petrobras Netherlands BV engages in the provision of logistics services for the oil drilling and exploration operations. The company is headquartered in Rotterdam, Netherlands.	Oil & Gas Production
Agri Development BV Agri Development BV Trucks/Construction/Farm MachineryProducer Manufacturing Agri Development BV is a joint venture company based in Rotterdam, the Netherlands.	Trucks/Construction/Farm Machinery
Papa Terra BV Papa Terra BV Engineering & ConstructionIndustrial Services Part of Petroleo Brasileiro SA, Papa Terra BV constructs oil field infrastructure and manufactures equipment. The private company is based in Rotterdam, Netherlands.	Engineering & Construction
Petrobras Global Trading BV Petrobras Global Trading BV Oil & Gas ProductionEnergy Minerals Part of Petrobras SA, Petrobras Global Trading BV explores oil and gas. The private company is based in Rotterdam, Netherlands.	Oil & Gas Production
Tupi BV Tupi BV Trucks/Construction/Farm MachineryProducer Manufacturing Tupi BV is an independent lab based in Rotterdam, Netherlands that specializes in the personal care industry. The Dutch company is experts in designing natural cosmetic formulas using exotic Brazilian ingredients and helping brands develop unique, sustainable, and effective products. Tupi is committed to sustainability, quality, and efficacy and offers a range of services to support businesses in the industry. The joint venture company believes in collaboration and welcome inquiries from interested parties.	Trucks/Construction/Farm Machinery
Guará BV
Petrobras Singapore Pte Ltd. Petrobras Singapore Pte Ltd. Wholesale DistributorsDistribution Services Part of Petrobras SA, Petrobras Singapore Pte Ltd. is a diversified and Singaporean integrated energy company that operates in different countries. The company is based in Republic Plaza, Singapore. The company is committed to generating value and ensuring a fair, inclusive, and safe energy transition for all Brazilians. Petrobras Singapore provides high-quality products for various industries, including transportation, refineries, gas stations, and logistics centers. The company was founded in 2006. Hans-Jorg Fuchsloch has been the CEO of the company since 2018.	Wholesale Distributors

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

39.85 BRL

Average target price

41.14 BRL

Spread / Average Target

+3.22%

Consensus

Estimates Revisions

Company calendar

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Integrated Oil & Gas

Energy - Fossil Fuels

Integrated Oil & Gas

Integrated Oil & Gas