| Address:
|
AVENIDA REPUBLICA DO CHILE 65
|
| City: |
RIO DE JANERIO RJ BR |
|
State: |
|
|
Zip Code: |
20035-900 |
| Telephone: |
55-21-534-4477 |
|
Description of Business
|
Primary SIC Code:
1311 |
| (As filed with the SEC)
|
|
|
Petróleo Brasileiro S.A.-PETROBRAS-was incorporated in 1953 to conduct the
Brazilian government's hydrocarbon activities. We began operations in 1954 and
for approximately forty years carried out crude oil and natural gas production
and refining activities in Brazil on behalf of the government.
In the 1990s, in a series of legislative actions, the Brazilian state
relinquished its monopoly on oil and gas activities. On November 9, 1995, the
Brazilian constitution was amended to authorize the Brazilian government to
contract with any state or privately owned company to carry out upstream and
downstream oil and gas activities in Brazil. On August 6, 1997, Brazil enacted
the Oil Law (Law No. 9,478), which established competition in Brazilian markets
for crude oil, oil products and natural gas. Effective January 2, 2002, Brazil
deregulated prices for crude oil, oil products and natural gas. See "Regulation
of the Oil and Gas Industry in Brazil-Price Regulation. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2009 | 3.54 | 0.195 | 13.47 | | 12/2008 | 4.30 | 0.566 | 5.70 | | 12/2007 | 1.50 | 0.143 | 38.41 | | 12/2006 | 0.73 | 0.396 | 35.27 | | 12/2005 | 2.36 | 0.202 | 7.55 | | 06/2005 | 2.13 | 0.177 | 6.13 | | 12/2004 | 1.41 | NA | 7.04 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2009 |
Leverage |
2009 |
| Net Inc/Comm Equity | 0.71 | Total Liab/Total Assets | 0.52 | | Net Inc/Total Assets | 0.08 | Total Liab/Inv Cap | 0.65 | | Net Inc/Inv Cap | 0.10 | Total Liab/Comm Equity | 4.81 | | Pretax Inc/Net Sales | 0.24 | Interest Coverage Ratio | 18.04 | | Net Inc/Net Sales | 0.17 | Curr Debt/Equity | 0.09 | | Cash Flow/Net Sales | 0.27 | LTD/Equity | 0.51 | | SG&A/NetSales | 0.12 | Total Debt/Equity | 0.61 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.36 | Quick Ratio | 1.01 | | Inventory Turnover | 4.81 | Current Ratio | 1.38 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.32 | | Net Sales/Work Cap | 7.87 | Inv/Curr Assets | 0.26 | | Net Sales/PP&E | 0.67 | | |
Income Statement (Millions) |
| |
12/31/2009
|
12/31/2007
|
12/31/2005
|
12/31/2004
|
|
Total Revenues(Net Sales)
|
91,869.00
|
112,425.00
|
56,324.00
|
37,452.00
|
|
Cost of Goods Sold
|
49,251.00
|
51,212.00
|
30,837.00
|
20,916.00
|
|
Selling & Admin Exps
|
11,192.00
|
8,386.00
|
5,056.00
|
3,810.00
|
|
Operating Income
|
21,869.00
|
21,441.00
|
16,950.00
|
9,932.00
|
|
Interest Exp
|
1,295.00
|
NA
|
523.00
|
NA
|
|
Pretax Income
|
22,061.00
|
19,299.00
|
14,592.00
|
8,935.00
|
|
Other Income
|
1,663.00
|
-2,377.00
|
-1,974.00
|
-1,169.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
10,186.00
|
NA
|
|
Net Income
|
15,504.00
|
13,138.00
|
10,344.00
|
6,190.00
|
|
Assets
|
12/31/2009
|
12/31/2007
|
12/31/2005
|
12/31/2004
|
|
Cash & Short Term Investments
|
16,241.00
|
7,254.00
|
10,327.00
|
7,244.00
|
|
Receivables - Total
|
13,741.00
|
11,207.00
|
9,396.00
|
6,507.00
|
|
Inventories - Total
|
11,227.00
|
9,231.00
|
5,305.00
|
4,904.00
|
|
Total Current Assets
|
42,644.00
|
29,140.00
|
25,778.00
|
19,426.00
|
|
Net Property, Plant & Equipment
|
136,167.00
|
84,575.00
|
45,920.00
|
37,020.00
|
|
Total Assets
|
200,270.00
|
129,715.00
|
78,625.00
|
63,082.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
22,154.00
|
17,616.00
|
11,929.00
|
9,088.00
|
|
Debt in Current Liabilities
|
8,780.00
|
2,958.00
|
5,030.00
|
3,325.00
|
|
Total Current Liabilities
|
30,965.00
|
24,468.00
|
18,155.00
|
13,328.00
|
|
Long-Term Debt
|
48,352.00
|
12,659.00
|
16,147.00
|
17,613.00
|
|
Total Liabilities
|
104,850.00
|
64,536.00
|
45,708.00
|
40,576.00
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
1,362.00
|
2,332.00
|
1,074.00
|
877.00
|
|
Preferred Stock
|
15,106.00
|
8,620.00
|
4,772.00
|
4,772.00
|
|
Common Stock
|
21,088.00
|
12,196.00
|
6,929.00
|
6,929.00
|
|
Retained Earnings
|
15,062.00
|
41,803.00
|
32,578.00
|
25,319.00
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
94,058.00
|
65,179.00
|
32,917.00
|
22,506.00
|
|
Total Liabilities and Stockholders' Equity
|
198,908.00
|
129,715.00
|
78,625.00
|
63,082.00
|
Cash Flow Summary (Millions) |
|
Categories
|
12/31/2009
|
12/31/2007
|
12/31/2005
|
12/31/2004
|
|
Net Cash Provided by Operating Activities
|
24,920.00
|
22,664.00
|
15,115.00
|
8,833.00
|
|
Net Cash Provided by Investing Activities
|
-35,120.00
|
-24,026.00
|
-10,207.00
|
-8,421.00
|
|
Net Cash Provided by Financing Activities
|
16,935.00
|
-5,988.00
|
-2,625.00
|
-2,204.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2003 | 42,690.00 | 6,559.00 | -- | | 12/2004 | 37,452.00 | 6,190.00 | 1.41 | | 12/2005 | 56,324.00 | 10,344.00 | 2.36 | | 12/2007 | 112,425.00 | 13,138.00 | 1.50 | | 12/2009 | 91,869.00 | 15,504.00 | 3.54 | | Growth Rates | 21.12 | 23.99 | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 06/30/10 | 574 | 447,529 | 17.64 |
|
Report Date :
8/30/2010
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