Petrobras: Fourth Quarter Earnings Overview

Petrobras Announces Fourth Quarter Financial Results

Petroleo Brasileiro SA, commonly known as Petrobras and headquartered in Rio de Janeiro, Brazil, revealed a net income of $2.9 billion for the fourth quarter.

The company reported earnings of $0.44 per share, with adjusted earnings—excluding one-time expenses—reaching $0.72 per share.

During this quarter, Petrobras generated $23.61 billion in revenue.

Looking at the full year, Petrobras achieved a total profit of $19.63 billion, translating to $3.04 per share, while annual revenue stood at $89.2 billion.