IBOV 166,783.57 ▼ 0.09% IPSA 11,148.13 ▲ 0.96% IPC MEX 64,152.21 ▼ 0.38% MERVAL 2,947,349 ▼ 1.77% COLCAP 2,452.46 — 0.00% BVL PERÚ 58,334.31 ▲ 0.12% USD/BRL5.20▼ 0.02% USD/MXN17.05▲ 0.06% USD/CLP915.68▲ 0.07% USD/COP3,132▲ 0.06% USD/PEN3.37▲ 0.02% USD/ARS1,488▼ 0.02% USD/UYU40.33▲ 0.01% USD/PYG5,997▲ 0.22% USD/BOB11.50▼ 0.35% USD/DOP58.55▲ 0.17% USD/CRC446.12— 0.00% USD/GTQ7.62▼ 0.05% USD/HNL26.79— 0.00% USD/NIO36.62▲ 0.81% USD/VES771.38▼ 0.03% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 0.41% EUR/BRL6.02▼ 0.30% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 166,783.57 ▼ 0.09% IPSA 11,148.13 ▲ 0.96% IPC MEX 64,152.21 ▼ 0.38% MERVAL 2,947,349 ▼ 1.77% COLCAP 2,452.46 — 0.00% BVL PERÚ 58,334.31 ▲ 0.12% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Tuesday, August 18, 2026

Business - Brazil Oil and Gas Business

Petrobras Delivers Further Blow to Brazil Economy with 72-Hour Strike

By · May 30, 2018 · 2 min read

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By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Just as supplies and fuel were starting to trickle down to supermarkets and gas stations, after more than a week of protests from truck drivers in Brazil, the country woke up on Wednesday to a 72-hour strike, this time promoted by employees from one of Brazil’s largest companies, oil giant Petrobras.

The country woke up to another strike, this time by employees of one of Brazil’s oil giant Petrobras (the first since 2015 pictured), photo by Fernando Frazão/Agência Brasil.
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Petrobras employees are protesting fuel price policies, Petrobras’ management and the high price of cooking gas and fuel to consumers.

“We want to change [Petrobras President] Parente’s policy and take the privatization process out of Petrobras. We do not want to deepen the crisis. In this scenario, we will strike,” said the director of the Federation of Oil Workers (FUP), Simão Zanardi Filho.

Brazil’s Superior Labor Court (TST) ruled the strike illegal, calling it ‘abusive’ and stating that it could bring further damage to Brazilians who are already suffering from a week of food and fuel shortages due to the truck drivers’ protest in the country’s major highways.

According to TST judge Maria de Assis Calsing the actions of petroleum workers at the present time are exclusively ‘carried out to disrupt’ and not a legitimate labor claim.

“It is potentially serious damage that the strike of petroleum workers will cause to the Brazilian population, as it results in the continuity of the harmful effects caused by the protest of truck drivers,” said TST judge Calsing in her ruling.

The judge ruled that the strikers’ union must pay a daily fine of R$500,000 if their employees strike and that protesters also prevented from halting the transit of goods and people at the refineries.

Petrobras President, Pedro Parente, whom strikers demand resign, called the 72-hour shutdown ‘political’ in nature.

“There is no demand [by strikers] because the demand is much more political in nature than of getting benefits [for workers],” said Parente, attending a conference call with investors and bank analysts on Tuesday.

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.
P
◆ Live Company Intelligence
Petroleo Brasileiro Petrobras
NYSE: PBRPETR4EnergyOil & Gas Integrated43,199 employees
$115.23B
Market cap
Analyst target $22.01

Wall Street view

4.4Buy/ 5
11 Buy3 Hold0 Sell
Avg. price target $22.01  ·  +33% vs 200-day

Valuation & profitability

Market cap$115.23B
Revenue (TTM)$548.49B
P / E ratio4.5
Profit margin24.3%
Return on equity30.3%

Price & risk

52-wk low
$10.97
52-wk high
$22.07
Beta (volatility)-0.22
200-day average$16.58

Revenue trend · 6y

20202025
Latest $88.10B

Ownership

Institutions22.3%
Shares outstanding3.72B
Top holderGQG Partners LLC
Institutional holders5+ funds

Dividend

Yield20.5%
Payout ratio28.3%
Fwd. annual$1.69
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…
Data: RT fundamentals (PBR.US) · figures in USD · as of 18 Aug 2026More company intelligence →

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