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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 1529 active competitors, including 117 funded and 606 that have exited. Its top competitors include companies like Aramco, Devon Energy and OMV Group.

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
39 as on Jul 31, 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
3862000
Post IPO
4709910
6050159
6061411
7384338
Jul 2013
6050994
Post IPO
6165734
8273495
3844582
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Petrobras' founders and board of directors

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Petrobras' employee count trend

Petrobras has 39 employees as of Jul 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 Aramco, Devon Energy and OMV Group. 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 Petrobras
Petrobras
1953, Rio de Janeiro (Brazil), Public
Provider of oil and gas exploration services
-
69/100
2nd
Logo for Aramco
Aramco
1993, Dhahran (Saudi Arabia), Public
Provider of exploration and production services for oil and gas sector
-
70/100
3rd
Logo for Devon Energy
Devon Energy
1971, Oklahoma City (United States), Public
Exploration and Production company
$3.78B
68/100
4th
Logo for OMV Group
OMV Group
1956, Vienna (Austria), Acquired
Provider of oil & gas exploration and production services
-
68/100
5th
Logo for Gran Tierra Energy
Gran Tierra Energy
2003, Calgary (Canada), Public
Provider of oil & gas exploration and production services
-
68/100
6th
Logo for Antero Resources
Antero Resources
2002, Denver (United States), Public
Independent oil and gas exploration and production company
$71.8M
68/100
7th
Logo for Tourmaline Oil
Tourmaline Oil
2008, Calgary (Canada), Public
Oil & gas exploration and production company
$484M
67/100
8th
Logo for Hess
Hess
1993, New York City (United States), Acquired
Exploration and production of crude oil and natural gas
-
67/100
9th
Logo for MEG Energy
MEG Energy
1999, Calgary (Canada), Acquired
Exploration and Development Company Focused on Oil Sands in Alberta
$54.4M
66/100
10th
Logo for PGNiG
PGNiG
1982, Warsaw (Poland), Acquired
State-controlled exploration of oil and gas company
-
66/100
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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 281 events in the last 1 year, 182 of them have been about company updates and 16 about partnerships.
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FAQs about Petrobras

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