RIO DE JANEIRO, BRAZIL – Petrobras exported 1.11 million tons of fuel oil in May, exceeding the preceding record by ten percent, which had been set in February this year. The volume was 231 percent higher compared to the same month in 2019.
Petrobras exported 1.11 million tons of fuel oil in May.
In a statement, the state-owned company stressed the change in requirements for marine fuels effective since the start of 2020, which reduced the limit of sulfur content in fuel oil from 3.5 to 0.5 percent, which benefits the product offered by Petrobras.
The company points out that this record comes at a challenging time for the global economy, due to the covid-19 pandemic, and that the strategy of diversifying fuel oil export destinations has been working.
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
$135.20B
Market cap
Analyst target $22.95
Wall Street view
4.4Buy/ 5
11 Buy3 Hold0 Sell
Avg. price target $22.95 · +29% vs 200-day
Valuation & profitability
Market cap$135.20B
Revenue (TTM)$548.49B
P / E ratio5.3
Profit margin24.3%
Return on equity30.3%
Price & risk
52-wk low $10.6552-wk high $21.99
Beta (volatility)-0.21
200-day average$17.83
Revenue trend · 6y
20202025
Latest $88.10B
Ownership
Institutions22.3%
Shares outstanding3.72B
Top holderGQG Partners LLC
Institutional holders5+ funds
Dividend
Yield17.6%
Payout ratio28.3%
Fwd. annual$1.68
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…
