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:
Ecopetrol SA
of COLOMBIA
(2019
sales of 70.85 trillion Colombian Pesos [US$19.48 billion]
of which 51%
was Refining and Petrochemicals),
Alfa SAB DE CV
of MEXICO
(337.75 billion Mexican Pesos [US$14.89 billion]
of which 37%
was Refrigerators Components), and
Empresas Copec S.A.
which is
based in CHILE
(16.70 trillion Chilean Pesos [US$20.88 billion]
of which 72%
was Fuel Distribution/COPEC).
Sales Analysis.
During the year ended December of 2019, sales at
Petroleo Brasileiro SA Petrobras were 302.25 billion Brazilian Reals (US$56.56 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)
.