See Graham's ranking
5.0
Petrobras (Petróleo Brasileiro S.A.) is a Brazilian state-controlled energy company that operates in the oil, gas, and energy sectors. It is engaged in the exploration, production, refining, transportation, and distribution of oil, natural gas, and derivatives.
The PBR-A ticker represents Petrobras’ preferred shares, which typically do not carry voting rights but may offer priority in dividend distribution, depending on corporate policy and profitability.
Founded in 1953 by the Brazilian government, Petrobras is among the largest oil producers in the world, with significant operations both domestically and internationally.
Its core strength lies in deepwater and ultra-deepwater exploration, especially in the pre-salt basins off the coast of Brazil.
The company maintains a vertically integrated structure, including:
-
Offshore and onshore oil & gas production
-
Refining and petrochemical operations
-
Fuel and derivative distribution
-
Investments in renewable energy, biofuels, and natural gas infrastructure
Petrobras has a presence in countries such as the United States, Bolivia, Colombia, and Argentina, and partners strategically in energy projects worldwide. Its global operations support its positioning as an integrated energy provider.
With over 45,000 employees, Petrobras operates through a vast network of platforms, refineries, terminals, and pipelines, enabling efficient domestic supply and export capabilities.
In recent years, the company has focused on cost optimization, asset divestment, and energy transition, aiming for long-term sustainability and profitability.
Petrobras is listed on the New York Stock Exchange (NYSE) under PBR-A – representing preferred shares (typically no voting rights but with dividend priority)
History and Founding of Petrobras
Petrobras was founded in 1953 following a nationalist campaign called “O petróleo é nosso” ("The oil is ours"), led by then-president Getúlio Vargas.
The initiative aimed to ensure Brazil’s energy independence by creating a state-run oil company with exclusive rights to oil exploration and production.
Initially focused on domestic operations, Petrobras expanded rapidly, investing in refining capacity, onshore drilling, and later, in offshore technologies that would define its competitive edge in the global market.
During the 1970s, faced with oil price shocks, Petrobras shifted toward deepwater exploration. In 2006, the discovery of massive pre-salt oil reserves marked a turning point, establishing Brazil as a leading global oil producer.
In 2000, Petrobras listed its shares on the New York Stock Exchange, launching both common (PBR) and preferred (PBR-A) shares. The preferred shares allow international investors access to the company’s financial performance without voting rights, while often offering more stable dividends.
Between 2020 and 2024, Petrobras focused on:
-
Restructuring its portfolio through asset sales and privatization of subsidiaries
-
Enhancing operational efficiency
-
Expanding investments in renewable energy and natural gas
-
Improving governance and sustainability metrics
Today, PBR-A shares represent a key investment vehicle for those seeking exposure to Latin America’s largest energy company, benefiting from its strategic position in global oil markets, high pre-salt productivity, and dividend potential.
Additional Information
The Company Petróleo Brasileiro S.A. - Petrobras (United States), is listed on Nasdaq with a market cap of $ 77.52 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 5.56, a P/BV ratio of 0.97 and in the last 12 months the dividend yield of PBR-A was at 12.56%.
The Company is traded internationally through the ticker PBR-A.
