Petrobras Preferred
Integrated Brazilian offshore oil producer, refiner and energy marketer.
Something off on this page? Send us feedback.
Profile
Sells oil, refined fuels, natural gas, electricity and related products through an integrated Brazilian upstream, refining, logistics and trading system, with exports extending its market reach. Deepwater and ultra-deepwater pre-salt production is central, while federal control shapes governance and strategic direction.
Produces offshore oil and gas, then channels much of its crude through Brazilian refineries before selling diesel, gasoline, jet fuel, LPG, crude and natural gas. Its operating lines are Exploration & Production; Refining, Transportation & Marketing; and Gas & Low Carbon Energies, which also trades electricity and LNG.
Operates predominantly in Brazil while selling into export markets, with trading teams in Houston, Singapore, Buenos Aires and Rotterdam. Deepwater and ultra-deepwater engineering, including pre-salt development, underpins the operating model alongside refinery, pipeline, shipping and terminal logistics. Brazil's federal government controls a majority of voting shares. The preferred ADR represents two underlying preferred shares, which ordinarily lack voting rights except on protected matters.
Company facts
Key statistics
Year to date +48.0% · Average volume (30d) 7.0M
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | $1.43 | $1.62 | +13.3% | $31.48B | $33.61B | +6.7% | −2.55% |
| May 11, 2026Q1 FY26 | $0.96 | $0.99 | +2.8% | $26.45B | $23.54B | −11.0% | −1.53% |
| Mar 5, 2026Q4 FY25 | $0.58 | $0.46 | −19.9% | $23.01B | $23.61B | +2.6% | +4.20% |
| Nov 5, 2025Q3 FY25 | $0.70 | $0.94 | +33.0% | $23.87B | $23.48B | −1.7% | +0.35% |
Financial highlights
| 11 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $21.07B | $21.04B | $23.48B | $23.61B | $123.69B | $33.61B | |
| Gross profit | $10.39B | $10.01B | $11.22B | $9.78B | $59.60B | $19.49B | |
| Operating income | $7.37B | $5.47B | $7.73B | $7.20B | $41.27B | $14.07B | |
| Net income | $5.97B | $4.73B | $6.03B | $2.88B | $32.66B | $10.43B | |
| Diluted EPS | $0.92 | $0.73 | $0.94 | $0.45 | $2.53 | $1.62 | |
| Gross margin | 49.3% | 47.6% | 47.8% | 41.4% | 48.2% | 58.0% | |
| Operating margin | 35.0% | 26.0% | 32.9% | 30.5% | 33.4% | 41.9% |
Fiscal years (4-quarter sums)FY24 $91.42B · FY25 $89.20B
Balance sheet, Jun 30, 2026Cash & short-term investments $10.39B · Total debt $70.81B · Total assets $247.08B · Shareholders' equity $92.91B
Dividends
Last raised to $0.5299 from $0.2853 in Aug 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 25, 2026 | Aug 25 | Dec 29 | $0.5299 | raised from $0.2853 |
| Jun 3, 2026 | Jun 3 | Aug 27 | $0.2853 | raised from $0.2603 |
| Apr 24, 2026 | Apr 24 | Jun 29 | $0.2603 | cut from $0.3617 |
| Dec 26, 2025 | Dec 26 | Mar 27 | $0.3617 | raised from $0.2455 |
| Aug 25, 2025 | Aug 25 | Dec 30 | $0.2455 | cut from $0.2678 |
| Jun 4, 2025 | Jun 4 | Sep 29 | $0.3355 | special dividend |
| Apr 22, 2025 | Apr 22 | Jun 27 | $0.2678 | cut from $0.4766 |
| Dec 27, 2024 | Dec 27 | Mar 27 | $0.4766 | cut from $0.5027 |
Ownership
Shares outstanding 6.44B · Float 6.44B
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| Banco Nacional de Desenvolvimento Economico e Social - BNDES | 865.74M | 15.90% of class | 13D | Jul 20, 2026 |
| JPMorgan Chase & Co | 36.24M | 0.56% | 13F | May 13, 2026 |
| Robeco Institutional Asset Management B.V. | 31.03M | 0.48% | 13F | Apr 21, 2026 |
| BlackRock, Inc. | 20.94M | 0.32% | 13F | May 13, 2026 |
| Arrowstreet Capital, Limited Partnership | 19.37M | 0.30% | 13F | May 14, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Shell (ADR)
Major Brazilian offshore, gas, and power-market rival.
- TotalEnergies
Large pre-salt producer with Brazilian gas and renewable operations.
- Equinor (ADR)
Brazilian pre-salt operator with large oil and gas projects.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Petrobras Preferred | $16.75 | −0.09% | $108.07B | 3.0 | 4.1 | — | +59.8% |
| Shell (ADR) | $91.47 | +0.63% | $253.47B | 10.0 | 9.2 | 0.8 | +44.7% |
| TotalEnergies | $86.31 | −0.05% | $192.30B | 10.9 | 8.4 | 1.0 | +26.2% |
| Equinor (ADR) | $41.25 | −0.28% | $98.95B | 11.3 | 8.8 | 0.9 | +36.5% |
| Median | 10.9 | 8.8 | 0.9 | +36.5% |