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Blue Chip Growth

Stock Report: Petroleo Brasileiro SA Sponsored ADR (PBR) Report Updated: May 04, 2016 | Print This Page

Petroleo Brasileiro SA Sponsored ADR© quotemedia

Company Profile

Petróleo Brasileiro S.A. – Petrobras operates as an integrated energy company in Brazil and internationally. Its Exploration and Production segment engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; and sale of crude oil and oil products produced at natural gas processing plants in domestic and foreign markets. The company’s Refining, Transportation and Marketing segment is involved in the refining, logistics, transport, and trading of crude oil and oil products, as well as exports ethanol and invests in petrochemical companies. This segment also engages in the extraction and processing of shale. The company’s Gas and Power segment engages in the transportation and trade of natural gas; transportation and trade of liquid natural gas; generation and trade of electricity; holding interests in natural gas distribution and thermoelectric power plants; and fertilizer business. Its Biofuels segment is involved in the production of biodiesel and its co-products, as well as in the investment, production, and trading of ethanol, sugar, and the electric power generated from sugarcane bagasse. The company’s Distribution segment distributes oil products, ethanol, and vehicle natural gas in Brazil to retail, commercial, and industrial customers, as well as other fuel wholesalers. Its International segment engages in the exploration, production, refining, transportation, marketing, and distribution of gas and power in the Americas, Africa, Europe, and Asia. The company was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.