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Petroleo Brasileiro SA Petrobras (ADR) (N:PBR)

Business Focus: Integrated Oil & Gas

Sector:  Energy Industry:  Integrated Oil & Gas
Company Contact
Address: Av. Republica do Chile, n 65 - Centr
Rio de Janeiro 20.031-912
Tel: N/A
IR: See website
Key People
Eduardo Bacellar Leal Ferreira
Independent Chairman of the Board
Nicolas Simone
Chief Digital Transformation and Innovation Executive Officer
Roberto da Cunha Castello Branco
Chief Executive Officer, Director
Andrea Marques de Almeida
Chief Financial and Investor Relations Officer
Roberto Furian Ardenghy
Chief Institutional Relations Executive Officer
Eberaldo de Almeida Neto
Chief Corporate Affairs Executive Officer
Marcelo Barbosa de Castro
Chief Governance and Compliance Executive Officer
Carlos Alberto Pereira de Oliveira
Chief Exploration and Production Executive Officer
Anelise Quintao Lara
Chief Refining and Natural Gas Executive Officer
Rudimar Andreis Lorenzatto
Chief Production Development Officer
Business Overview
Petroleo Brasileiro S.A.-Petrobras specializes in the oil, natural gas and energy industry. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora S.A., and Corporate.
Financial Overview
For the nine months ended 30 September 2020,Petroleo Brasileiro SA Petrobras (ADR) revenues decreased11% to R$197.1B. Net loss before extraordinary itemstotaled R$52.78B vs. income of R$21.86B. Revenues reflectRetail segment decrease of 9% to R$176.8B, Exploration andProduction segment decrease of 12% to R$125.62B, Gas andPower segment decrease of 20% to R$27.13B, Brazil segmentdecrease of 20% to R$130.74B.