RIO DE JANEIRO, BRAZIL – Brazil’s government is not currently considering privatizing state-run oil producer Petróleo Brasileiro SA, but President Jair Bolsonaro has shown openness to the idea for the first time, the nation’s economy minister said on Friday.
Economy Minister Paulo Guedes added that he is working on a program to make domestic natural gas cheaper, which should result in a downward price “shock” in 30 to 60 days.
Addressing reporters after meeting with Argentinian Finance Minister Nicólas Dujovne, Economy Minister Paulo Guedes added that he is working on a program to make domestic natural gas cheaper, which should result in a downward price “shock” in 30 to 60 days.
Earlier in April, Bolsonaro said he had “initial sympathy” for the idea of privatizing Petrobras, as the firm is known, a shift in tone from prior statements.
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.
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Petroleo Brasileiro Petrobras
NYSE: PBRPETR4EnergyOil & Gas Integrated43,199 employees
$163.04B
Market cap
Analyst target $23.31
Wall Street view
4.4Buy/ 5
11 Buy3 Hold0 Sell
Avg. price target $23.31 · +28% vs 200-day
Valuation & profitability
Market cap$163.04B
Revenue (TTM)$548.49B
P / E ratio6.4
Profit margin24.3%
Return on equity30.3%
Price & risk
52-wk low $10.6552-wk high $25.60
Beta (volatility)-0.23
200-day average$18.19
Revenue trend · 6y
20202025
Latest $88.10B
Ownership
Institutions22.4%
Shares outstanding3.72B
Top holderGQG Partners LLC
Institutional holders5+ funds
Dividend
Yield14.9%
Payout ratio28.3%
Fwd. annual$1.68
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…
