Petrobras is a Brazilian multinational energy company operating in the Oil, Gas & Biofuels industry. It is one of the largest oil producers in the world, playing a central role in Brazil’s energy supply and holding a significant presence in international markets.
The company’s core activities include the exploration, production, refining, and commercialization of oil and its derivatives, as well as investments in renewable energy and sustainable solutions for the future energy matrix.
Among its main products are:
- Gasoline
- Diesel
- Aviation kerosene
- Lubricants
- Liquefied petroleum gas (LPG)
- Biofuels and alternative energy initiatives
Petrobras leads the Brazilian energy sector and operates internationally in countries such as the United States, Argentina, Colombia, and Angola.
It is a pioneer in deep and ultra-deepwater exploration, particularly known for discovering the pre-salt oil reserves, a breakthrough that significantly reshaped the global oil industry.
The company’s operational structure includes refineries, offshore platforms, pipelines, and an extensive distribution network, servicing millions of consumers and industries. With a strong emphasis on technological innovation, Petrobras has positioned itself as a global leader in offshore oil extraction under extreme conditions.
Petrobras is listed on the New York Stock Exchange (NYSE) under the ticker PBR.
History and Founding of Petrobras
Petrobras was founded in 1953, in Rio de Janeiro, under the administration of President Getúlio Vargas, as part of a nationalist initiative to secure Brazil’s energy independence.
The company was born during the "O petróleo é nosso" ("The oil is ours") campaign, which symbolized the defense of a state monopoly over oil exploration and production.
In its early years, Petrobras faced strong political and economic resistance due to opposition to state control. However, by the 1970s, it had achieved major success in offshore drilling, particularly in the Campos Basin, establishing itself as the national leader in oil production.
In 1977, Petrobras went public on the Brazilian stock exchange, a move that helped finance its expansion and international operations.
A major milestone came in the 2000s with the discovery of pre-salt oil fields, among the world’s largest in recent decades, which elevated Brazil to the ranks of the top global oil producers.
Throughout its history, Petrobras has sought to balance operational efficiency with environmental responsibility. The company is a signatory of the United Nations Global Compact and has been included multiple times in the Dow Jones Sustainability Index, reflecting its commitment to carbon reduction and renewable energy investments.
Between 2020 and 2024, Petrobras has focused on cost optimization, modernization, and divestment of non-core assets, prioritizing efficiency and productivity in its strategic operations.
Today, Petrobras continues to be a key player in the global energy market, investing in sustainable technologies for exploration and maintaining a leading role in Brazil’s and the world’s energy future
Additional Information
The Company Petroleo Brasileiro Petrobras SA ADR (United States), is listed on Nasdaq with a market cap of $ 82.23 Billions, having an equity of $ 79.90 Billions.
The Company está listadathe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 86.40 Billions, which generated a profit in the amount of $ 13.96 Billions.
As for its main indicators, the Company has a P/E ratio of 5.89, a P/BV ratio of 1.03 and in the last 12 months the dividend yield of PBR was at 15.42%.
The Company is traded internationally through the ticker PBR.