The Minister of Finance, Fernando Haddad, said on Monday (27) that the government can use the “cushion” of Petrobras in the solution to contain fuel prices with the re-encumbrance.
The minister stressed that the state-owned company’s participation would respect the International Parity Price (IPP), Valor Econômico reported.
“There is a cushion [under the PPI] that allows to decrease or raise fuel prices and can be used. This can be a contribution [from Petrobras],” he said.
Earlier, the government announced that it would resume the collection of federal taxes on fuel. However, the taxation model will differ from the one practiced until last year, with a higher tax on fossil fuels.
Haddad also said that a new meeting would be held this Tuesday (28) to discuss the issue with President Luiz Inácio Lula da Silva (PT) and the Minister of Civil Household, Rui Costa.
“We will close with the president [Luiz Inácio Lula da Silva] tomorrow; we have small details to close,” he said.
Live Company IntelligencePetroleo Brasileiro Petrobras SA ADR — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
P
◆ Live Company Intelligence
Petroleo Brasileiro Petrobras
NYSE: PBRPETR4EnergyOil & Gas Integrated43,199 employees
$167.55B
Market cap
Analyst target $24.09
Wall Street view
4.4Buy/ 5
11 Buy3 Hold0 Sell
Avg. price target $24.09 · +30% vs 200-day
Valuation & profitability
Market cap$167.55B
Revenue (TTM)$548.49B
P / E ratio6.6
Profit margin24.3%
Return on equity30.3%
Price & risk
52-wk low $10.6552-wk high $26.11
Beta (volatility)-0.23
200-day average$18.54
Revenue trend · 6y
20202025
Latest $88.10B
Ownership
Institutions22.3%
Shares outstanding3.72B
Top holderGQG Partners LLC
Institutional holders5+ funds
Dividend
Yield14.5%
Payout ratio28.3%
Fwd. annual$1.43
What Petroleo Brasileiro Petrobras does. Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil, China, the United States, the Americas, Asia, Europe, Singapore, and internationally. It operates through three segments: Exploration and Production; Refining, Transportation & Marketing; and Gas & Low Carbon Energies. The Exploration and Production segment explores, develops, and produces…
