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, 2017, 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 B3 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
12/2017-0.01NAN/E
12/2016-0.74NAN/E
12/2015-1.30NAN/E
12/20131.70NA8.11
12/20121.70NA11.45
12/20113.080.1868.07

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.00Total Liab/Total Assets0.68
Net Inc/Total Assets0.00Total Liab/Inv Cap0.78
Net Inc/Inv Cap0.00Total Liab/Comm Equity1.60
Pretax Inc/Net Sales0.02Interest Coverage Ratio1.27
Net Inc/Net Sales0.00Curr Debt/Equity0.09
Cash Flow/Net Sales0.31LTD/Equity1.29
SG&A/NetSales0.17Total Debt/Equity1.38
Asset Utilization   Liquidity  
Net Receivables Turnover11.90Quick Ratio1.55
Inventory Turnover7.09Current Ratio1.89
Inventory Day Sales0.02Net Rec/Curr Assets0.16
Net Sales/Work Cap4.00Inv/Curr Assets0.18
Net Sales/PP&E0.50  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 88,827.00 81,405.00 97,314.00 143,657.00
Cost of Goods Sold 60,147.00 55,417.00 67,485.00 109,477.00
Selling & Admin Exps 14,898.00 13,203.00 16,119.00 18,080.00
Operating Income 11,219.00 4,308.00 -1,130.00 -7,407.00
Interest Exp 7,395.00 6,958.00 6,437.00 3,923.00
Pretax Income 1,997.00 -3,665.00 -9,748.00 -8,824.00
Other Income -2,500.00 -797.00 -2,004.00 2,288.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 169.00 -4,349.00 -8,611.00 -7,503.00

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 24,404.00 21,989.00 25,838.00 25,978.00
Receivables - Total 7,487.00 7,437.00 8,410.00 12,203.00
Inventories - Total 8,489.00 8,475.00 7,441.00 11,466.00
Total Current Assets 47,131.00 44,769.00 43,179.00 50,832.00
Net Property, Plant & Equipment 176,650.00 175,470.00 161,297.00 218,730.00
Total Assets 251,366.00 246,983.00 230,521.00 298,687.00
Liabilities        
Accounts Payable 12,767.00 12,534.00 11,800.00 16,933.00
Debt in Current Liabilities 7,026.00 9,773.00 14,702.00 11,884.00
Total Current Liabilities 24,948.00 24,903.00 28,573.00 31,118.00
Long-Term Debt 102,920.00 108,597.00 111,560.00 120,274.00
Total Liabilities 171,564.00 170,204.00 165,285.00 182,415.00
Stockholder's Equity        
Minority Interest 1,700.00 771.00 819.00 706.00
Preferred Stock NA NA NA NA
Common Stock 107,101.00 107,101.00 107,101.00 107,101.00
Retained Earnings 53,056.00 53,143.00 57,977.00 66,423.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity 79,802.00 76,779.00 65,236.00 116,272.00
Total Liabilities and Stockholders' Equity 251,366.00 246,983.00 230,521.00 298,687.00

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 27,112.00 26,114.00 25,987.00 26,749.00
Net Cash Provided by Investing Activities -11,032.00 -11,303.00 -13,296.00 -36,475.00
Net Cash Provided by Financing Activities -14,638.00 -19,114.00 -3,165.00 10,891.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
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
12/201788,827.00169.00-0.01
Growth Rates-10.98----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18338469,06312.61




Report Date : 7/16/2018

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