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.
- Website
- petrobras.com.br
- Phone Number
- +55 **********
Key Metrics
Founded Year
1953
Location
Rio de Janeiro, Brazil
Stage
Public
Latest Funding Round
Ranked
2nd among 9 active competitors
Employee Count
42 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Petrobras
Petrobras is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Petrobras CIN: - , Belgium, Active | - | 1053 (As on Dec 31, 2022) | - |
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 |
View details of Petrobras's funding rounds and investors
Petrobras' founders and board of directors
Founder? Claim ProfilePetrobras' employee count trend
Petrobras has 42 employees as of Sep 26. Here is Petrobras's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hess 1919, New York City (United States), Acquired | Exploration and production of crude oil and natural gas | - | 69/100 | |
2nd | Provider of oil and gas exploration services | - | 65/100 | ||
3rd | Provider of oil & gas exploration and production services | - | - | 53/100 | |
4th | PetroReconcavo 1997, Salvador (Brazil), Public | Operator of mature onshore fields | - | - | 50/100 |
5th | Provider of oil & gas exploration and production services | - | - | 39/100 | |
6th | Operator of multiple offshore oil and gas fields | - | - | 29/100 | |
7th | ![]() Greatholdings 2005, Rio de Janeiro (Brazil), Unfunded | Integrated oil and gas services provider delivering innovative and safe solutions | - | - | 26/100 |
8th | Operator of oil gas fields and generator of renewable energy | - | - | 23/100 | |
9th | 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 | Oil and gas exploration and production company | - | - | 15/100 |
Looking for more details on Petrobras's competitors? Click here to see the top ones
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 | Slough (United Kingdom) | |
Aug 18, 2022 | Acquisition | 2001 | Ibirite (Brazil) | |
Sep 16, 2016 | Acquisition | 2008 | Madrid (Spain) |
See all investments by Petrobras
News related to Petrobras
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.
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Petrobras to take full ownership of biofuel logistics firm Logum from partners in $111M dealSeeking Alpha•Nov 12, 2026•Petrobras
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Petrobras profit misses estimates as spending rises, payouts disappointSeeking Alpha•Nov 11, 2026•Petrobras
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Petrobras' third-quarter oil and gas output rises 12% from a year earlierReuters•Oct 29, 2026•Petrobras
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BP Reports Hydrocarbon Discovery in Tupinambá Exploration Well Offshore BrazilEuropaWire•Oct 29, 2026•BP Ventures, Petrobras
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Top 5 Refinery Projects in South America to Invest $4.6 Billion in Expansions and Cleaner FuelsIndustrial Info Resources•Oct 15, 2026•Petrobras
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Petrobras Secures $859 Million Payout from Santos Basin Oil Fields Deal with Shell, TotalEnergies, and PetrogalOffshore Energy•Oct 14, 2026•Petrobras, Shell
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Petrobras Secures 19 Oil Blocks in ANP Auction Generating R$ 3 BillionGrupoglobo•Oct 08, 2026•Qatarenergy, Petrobras
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