RIO DE JANEIRO, BRAZIL – A bidding group comprising Copagaz, Itaúsa, and Nacional Gás Butano made the best final offer for acquisition of the subsidiary. The sale is part of the state-owned oil giant’s competitive divestment process.
Petrobras received an offer equal to US$925 million for the sale of its stake in Liquigás Distribuidora.
The transaction is still to be submitted for approval by Petrobras’ internal bodies and the ensuing stages of the project will be disclosed to the market in due course.
According to a note from the state-owned company, “the operation is aligned with the optimization of the portfolio and the improvement of the company’s capital investment, aimed at creating value for our shareholders”.
Operations
Liquigás operates in the market as a distributor of liquefied petroleum gas (LPG).
In addition to gas for domestic use, the company supplies products and services to various industrial sectors, trade, and agriculture, livestock, aviaries, condominiums, hotels, among others.
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
$165.10B
Market cap
Analyst target $23.95
Wall Street view
4.4Buy/ 5
11 Buy3 Hold0 Sell
Avg. price target $23.95 · +27% vs 200-day
Valuation & profitability
Market cap$165.10B
Revenue (TTM)$548.49B
P / E ratio6.5
Profit margin24.3%
Return on equity30.3%
Price & risk
52-wk low $10.7852-wk high $26.12
Beta (volatility)-0.23
200-day average$18.81
Revenue trend · 6y
20202025
Latest $88.10B
Ownership
Institutions22.3%
Shares outstanding3.72B
Top holderGQG Partners LLC
Institutional holders5+ funds
Dividend
Yield14.3%
Payout ratio28.3%
Fwd. annual$1.43
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…
