Company Information

  

Address: AVENIDA REPUBLICA DO CHILE 65  
City: RIO DE JANERIO RJ BR 
State:  
Zip Code: 20035-900 
Telephone: 55-21-534-4477 

Description of Business

Primary SIC Code: 1311
(As filed with the SEC)  

PetrĂ³leo Brasileiro S.A.--Petrobras was incorporated in 1953 as the exclusive agent to conduct the Brazilian federal government's hydrocarbon activities. We began operations in 1954 and since then have been carrying out crude oil and natural gas production and refining activities in Brazil on behalf of the government. As of December 31, 2016, the Brazilian federal government owned 28.67% of our outstanding capital stock and 50.26% of our voting shares. See Item 7. "Major Shareholders and Related Party Transactions--Major Shareholders."Our common and preferred shares have been traded on the BM&FBOVESPA since 1968 and on the NYSE in the form of ADSs since 2000. We lost our exclusive right to carry out oil and gas activities in Brazil when the Brazilian Congress amended the Brazilian Constitution, and subsequently passed Law No. 9,478/1997 in 1997.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/2016-0.74NAN/E
12/2015-1.30NAN/E
12/20131.70NA8.11
12/20121.70NA11.45
12/20113.080.1868.07
12/20103.880.1389.75

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.04Total Liab/Total Assets0.69
Net Inc/Total Assets-0.02Total Liab/Inv Cap0.80
Net Inc/Inv Cap-0.02Total Liab/Comm Equity1.59
Pretax Inc/Net Sales-0.05Interest Coverage Ratio0.47
Net Inc/Net Sales-0.05Curr Debt/Equity0.13
Cash Flow/Net Sales0.32LTD/Equity1.41
SG&A/NetSales0.16Total Debt/Equity1.54
Asset Utilization   Liquidity  
Net Receivables Turnover10.27Quick Ratio1.46
Inventory Turnover6.96Current Ratio1.80
Inventory Day Sales0.02Net Rec/Curr Assets0.17
Net Sales/Work Cap4.10Inv/Curr Assets0.19
Net Sales/PP&E0.46  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 81,405.00 97,314.00 143,657.00 141,462.00
Cost of Goods Sold 55,417.00 67,485.00 109,477.00 108,834.00
Selling & Admin Exps 13,203.00 16,119.00 18,080.00 11,779.00
Operating Income 4,308.00 -1,130.00 -7,407.00 16,214.00
Interest Exp 6,958.00 6,437.00 3,923.00 2,673.00
Pretax Income -3,665.00 -9,748.00 -8,824.00 13,410.00
Other Income -797.00 -2,004.00 2,288.00 -638.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -4,349.00 -8,611.00 -7,503.00 10,832.00

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 21,989.00 25,838.00 25,978.00 19,753.00
Receivables - Total 7,437.00 8,410.00 12,203.00 15,324.00
Inventories - Total 8,475.00 7,441.00 11,466.00 14,225.00
Total Current Assets 44,769.00 43,179.00 50,832.00 52,655.00
Net Property, Plant & Equipment 175,470.00 161,297.00 218,730.00 227,901.00
Total Assets 246,983.00 230,521.00 298,687.00 321,423.00
Liabilities        
Accounts Payable 12,534.00 11,800.00 16,933.00 23,707.00
Debt in Current Liabilities 9,773.00 14,702.00 11,884.00 8,017.00
Total Current Liabilities 24,903.00 28,573.00 31,118.00 35,226.00
Long-Term Debt 108,597.00 111,560.00 120,274.00 106,308.00
Total Liabilities 170,204.00 165,285.00 182,415.00 172,896.00
Stockholder's Equity        
Minority Interest 771.00 819.00 706.00 596.00
Preferred Stock NA NA NA NA
Common Stock 107,101.00 107,101.00 107,101.00 107,092.00
Retained Earnings 53,143.00 57,977.00 66,423.00 73,795.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity 76,779.00 65,236.00 116,272.00 148,527.00
Total Liabilities and Stockholders' Equity 246,983.00 230,521.00 298,687.00 321,423.00

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 26,114.00 25,987.00 26,749.00 26,289.00
Net Cash Provided by Investing Activities -11,303.00 -13,296.00 -36,475.00 -35,625.00
Net Cash Provided by Financing Activities -19,114.00 -3,165.00 10,891.00 13,295.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012144,103.0010,931.001.70
12/2013141,462.0010,832.001.70
12/2014143,657.00-7,503.00--
12/201597,314.00-8,611.00-1.30
12/201681,405.00-4,349.00-0.74
Growth Rates-13.30----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17323377,23710.14




Report Date : 10/23/2017

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