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: Empresas Copec S.A. of CHILE (2020 sales of 14.22 trillion Chilean Pesos [US$19.91 billion] of which 67% was Fuel Distribution/COPEC), YPF Sociedad Anonima of ARGENTINA (669.19 billion Argentinian Pesos [US$7.25 billion] of which 80% was Downstream), and Alfa SAB DE CV which is based in MEXICO (263.87 billion Mexican Pesos [US$13.06 billion] of which 52% was Refrigerators Components).

Sales Analysis. During the year ended December of 2020, sales at Petroleo Brasileiro SA Petrobras were 272.07 billion Brazilian Reals (US$48.45 billion). This is a decrease of 10.0% versus 2019, when the company's sales were 302.25 billion Brazilian Reals. Contributing to the drop in overall sales was the 13.2% decline in Gas and Power, from 45.25 billion Brazilian Reals to 39.28 billion Brazilian Reals. There were also decreases in sales in Retail (down 9.2% to 241.97 billion Brazilian Reals) and Exploration and Production (down 12.7% to 174.09 billion Brazilian Reals) and Corporate (down 7.6% to 4.44 billion Brazilian Reals) .