RIO DE JANEIRO, BRAZIL – Petrobras signed, on Wednesday, August 7th, an agreement with the Brazilian Navy to invest nearly R$400 million (US$110 million) in research on the Brazilian coast, the so-called Blue Amazon, and in the Antarctic.
The signed cooperation pact renews the cooperation of the state-owned oil company with the Navy for another five years, which has already existed for over 30 years, according to the company.
According to Petrobras, the partnership, which is backed by the National Petroleum, Natural Gas and Biofuels Agency (ANP), aims to stimulate research to ensure the exploration and sustainable use of marine resources.
In addition to financial support, the state-owned company also cooperates with technical support and participates in a number of scientific missions carried out by the Navy. Petrobras’ investments will be carried out in the Sectorial Plan for Sea Resources in the Brazilian Antarctic Program.
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
$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 $26.10
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…
