Petrobras
About: Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production of oil and gas in Brazilian offshore fields. Production in 2023 was 2.8 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.9 billion boe (85% oil). At end-2023, Petrobras operated 10 refineries in Brazil with capacity of 1.8 million barrels a day and distributes refined products and natural gas throughout Brazil.
Employees: 40,213
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 10 [Q3] → 10 (+0) [Q4]
0% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 60
0.05% less ownership
Funds ownership: 9.4% [Q3] → 9.35% (-0.05%) [Q4]
2% less funds holding
Funds holding: 482 [Q3] → 470 (-12) [Q4]
9% less capital invested
Capital invested by funds: $9.81B [Q3] → $8.97B (-$838M) [Q4]
17% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 181
33% less call options, than puts
Call options by funds: $395M | Put options by funds: $593M
Research analyst outlook
We haven’t received any recent analyst ratings for PBR.
Financial journalist opinion
Based on 36 articles about PBR published over the past 30 days









