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Petrobras - About the company

Petrobras is a public company based in Rio de Janeiro (Brazil), founded in 1953. It operates as a Provider of oil and gas exploration services. Petrobras has raised an undisclosed amount in funding. The company has 9 active competitors, including 5 that have exited. Its top competitors include companies like Hess, Aker BP and PetroReconcavo.

Company Details

In 2022, the company recorded annual revenues of $124.17B and a net profit of $36.47B.
Social
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Phone Number
+55 **********
Key Metrics
Founded Year
1953
Location
Rio de Janeiro, Brazil
Stage
Public
Latest Funding Round
Investors
Ranked
Employee Count
42 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Petrobras's IPO details

Petrobras got listed on Jan 28, 2000.
Click here to take a look at Petrobras's IPO in detail
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Petrobras's funding and investors

Petrobras has raised funding over 2 rounds. Its first funding round was on Jul 2013. Petrobras has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Petrobras:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 03, 2019
4901215
Post IPO
9681818
8994319
3654310
7684603
Jul 2013
4860225
Post IPO
8829783
3172090
1820021
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Petrobras' founders and board of directors

Founder? Claim Profile

Petrobras' employee count trend

Petrobras has 42 employees as of Sep 26. Here is Petrobras's employee count trend over the years:
Employee count trend for Petrobras
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Petrobras's Competitors and alternates

Top competitors of Petrobras include Hess, Aker BP and PetroReconcavo. Here is the list of Top 10 competitors of Petrobras, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hess
Hess
1919, New York City (United States), Acquired
Exploration and production of crude oil and natural gas
-
69/100
2nd
Logo for Petrobras
Petrobras
1953, Rio de Janeiro (Brazil), Public
Provider of oil and gas exploration services
-
65/100
3rd
Logo for Aker BP
Aker BP
2001, Lysaker (Norway), Public
Provider of oil & gas exploration and production services
-
-
53/100
4th
Logo for PetroReconcavo
PetroReconcavo
1997, Salvador (Brazil), Public
Operator of mature onshore fields
-
-
50/100
5th
Logo for Enauta
Enauta
2010, Rio de Janeiro (Brazil), Public
Provider of oil & gas exploration and production services
-
-
39/100
6th
Logo for Petro Rio
Petro Rio
2008, Rio de Janeiro (Brazil), Late Stage
Operator of multiple offshore oil and gas fields
-
-
29/100
7th
Logo for Greatholdings
Greatholdings
2005, Rio de Janeiro (Brazil), Unfunded
Integrated oil and gas services provider delivering innovative and safe solutions
-
-
26/100
8th
Logo for Energizzi
Energizzi
2017, Rio de Janeiro (Brazil), Unfunded
Operator of oil gas fields and generator of renewable energy
-
-
23/100
9th
Logo for Carmo Energy
Carmo Energy
2022, Aracaju (Brazil), Unfunded
Oil and gas company focused on extracting and monetizing hydrocarbons in the onshore, with a strategic goal to increase production and revenue
-
-
20/100
10th
Logo for OGpar
OGpar
2007, Rio de Janeiro (Brazil), Deadpooled
Oil and gas exploration and production company
-
-
15/100
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Petrobras's Investments and acquisitions

Petrobras has made 3 investments in companies including Sao Martinho and Acucar Guarani. Petrobras has also acquired 2 companies including Ibiritermo and Albares Renovables.
Here is the list of investments & acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
-
Investments
2009
Aug 18, 2022
Acquisition
2001
Ibirite (Brazil)
Sep 16, 2016
Acquisition
2008
Madrid (Spain)
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See all investments by Petrobras

News related to Petrobras

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Media has covered Petrobras for a total of 240 events in the last 1 year, 157 of them have been about company updates and 13 about partnerships.
•
Petrobras Receives Rating Upgrade from FitchI Want To Invest•Nov 04, 2026•Fitch Ratings, Petrobras
•
Petrobras opens call for biomethane acquisitionEixos•Oct 30, 2026•Petrobras
•
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