RIO DE JANEIRO, BRAZIL – On March 15, Petrobras said it had received a binding proposal from EIG Global Energy Partners regarding the sale of its entire 51% stake in Transportadora Brasileira Gasoduto Bolivia-Brasil (TBG) and 25% in Transportadora Sulbrasileira de Gas (TSB).
Petrobras’ note confirmed a Reuters report published the day before on Petrobras’ negotiation with EIG but clarifies that a process still must be approved.
“EIG Global Energy Partners submitted a binding proposal, which must be considered by Petrobras’ Executive Board to, in case of approval, the negotiation stage starts,” the Brazilian state-owned company said in a statement.
Petrobras’ note confirmed a Reuters report published the day before on Petrobras’ negotiation with EIG but clarifies that a process still must be approved.
The company, however, did not confirm the amounts published in the media and clarified that the conclusion of the transaction will depend on the necessary corporate approvals.
According to the Reuters report, EIG is expected to pay between US$500 million and US$1 billion for Petrobras’ stake in TBG, according to sources who requested anonymity.
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 $25.80
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…
