Petroleo Brasileiro SA Petrobras operates within the Petroleum refining sector. In addition to historical fundamental analyses, the complete report available to purchase compares Petroleo Brasileiro SA Petrobras with three other petroleum refiners in Latin America: Alfa SAB DE CV of MEXICO (2019 sales of 337.75 billion Mexican Pesos [US$14.24 billion] of which 37% was Refrigerators Components), Empresas Copec S.A. of CHILE (16.75 trillion Chilean Pesos [US$19.60 billion] of which 72% was Fuel Distribution/COPEC), and Ecopetrol SA which is based in COLOMBIA (70.85 trillion Colombian Pesos [US$17.43 billion] of which 51% was Refining and Petrochemicals).

Sales Analysis. During the year ended December of 2019, sales at Petroleo Brasileiro SA Petrobras were 302.25 billion Brazilian Reals (US$58.07 billion). This is a decrease of 13.6% versus 2018, when the company's sales were 349.84 billion Brazilian Reals. Contributing to the drop in overall sales was the 0.9% decline in Retail, from 269.14 billion Brazilian Reals to 266.61 billion Brazilian Reals. . However, these declines were partially offset by the increase in sales of Exploration and Production (up 4.1% to 199.43 billion Brazilian Reals) and Gas and Power (up 0.5% to 45.25 billion Brazilian Reals) .