Petrobras (“PBR”) is a state-controlled multinational energy corporation headquartered in Rio de Janeiro, Brazil. Founded in 1953, it is one of the largest oil and gas companies in the world, specializing in the exploration, production, refining, and distribution of petroleum and natural gas. With a strong focus on deepwater and ultra-deepwater oil production, Petrobras has become a global leader in offshore drilling technology, particularly in Brazil’s pre-salt basins.

In 2023, Petrobras generated revenue of $92.53 billion, $15.55 billion in net income. PBR has 12.89 billion shares outstanding, trading at $13.72 per share, at a price-to-earnings (P/E) ratio of 5.48, for a market capitalization of $85.25 billion. With earnings per share (EPS) of $1.20, the stock offers an earnings yield of 18.25%.