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
(2019
sales of 16.70 trillion Chilean Pesos [US$22.71 billion]
of which 72%
was Fuel Distribution/COPEC),
YPF Sociedad Anonima
of ARGENTINA
(678.60 billion Argentinian Pesos [US$7.91 billion]
of which 78%
was Downstream), and
Alfa SAB DE CV
which is
based in MEXICO
(337.75 billion Mexican Pesos [US$17.06 billion]
of which 37%
was Refrigerators Components).
Sales Analysis.
During the year ended December of 2019, sales at
Petroleo Brasileiro SA Petrobras were 302.25 billion Brazilian Reals (US$57.10 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)
.