Petróleo Brasileiro - Petrobras Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of XPBR?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	17,000	0.000132%
VC/PE Firms	1,035,458,754	8.03%
State or Government	3,740,470,811	29%
General Public	3,865,031,432	30%
Institutions	4,247,754,764	33%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 60.19% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
29%	Brazil	3,740,470,811	€23.1b	0%	no data
8.03%	BNDES Participações S.A. - BNDESPAR	1,035,458,754	€6.4b	0%	45.97%
4.41%	BlackRock, Inc.	568,009,264	€3.5b	-0.28%	0.06%
3.59%	GQG Partners LLC	462,438,948	€2.9b	9%	2.52%
2.9%	The Vanguard Group, Inc.	373,332,892	€2.3b	0.62%	0.03%
1.61%	BTG Pactual, Asset Management Arm	208,021,816	€1.3b	0.01%	47.34%
1.24%	Norges Bank Investment Management	159,189,432	€983.2m	0%	0.08%
1.08%	Baillie Gifford & Co.	139,287,123	€860.3m	40%	0.39%
1.08%	Dimensional Fund Advisors LP	138,749,948	€857.0m	-0.45%	0.14%
0.69%	Itau Unibanco S.A., Asset Management Arm	89,343,084	€551.8m	-3.25%	8.92%
0.63%	Caixa Economica Federal, Asset Management Arm	81,143,448	€501.2m	-0.01%	20.23%
0.62%	JP Morgan Asset Management	80,382,771	€496.5m	0.07%	0.05%
0.62%	Arrowstreet Capital, Limited Partnership	79,376,522	€490.3m	-27.7%	0.39%
0.57%	FMR LLC	73,009,393	€450.9m	-3.1%	0.03%
0.5%	BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A.	65,052,514	€401.8m	2.12%	11.4%
0.42%	Boston Partners Global Investors, Inc.	54,011,010	€333.6m	-10.3%	0.21%
0.42%	Lazard Asset Management LLC	53,790,652	€332.2m	0.22%	0.31%
0.41%	Geode Capital Management, LLC	52,388,919	€323.6m	2.52%	0.02%
0.38%	Massachusetts Financial Services Company	49,408,370	€305.2m	4.12%	0.06%
0.37%	Charles Schwab Investment Management, Inc.	47,727,685	€294.8m	0.66%	0.05%
0.36%	Franklin Resources, Inc.	46,022,737	€284.3m	0.5%	0.1%
0.35%	Schroder Investment Management Limited	45,270,869	€279.6m	-2.06%	0.19%
0.32%	UBS Asset Management AG	40,759,299	€251.8m	1.33%	0.03%
0.29%	Acadian Asset Management LLC	37,963,184	€234.5m	-0.42%	0.61%
0.29%	Bradesco Asset Management S.A. Distribuidora de Títulos e Valores Mobiliários	37,459,828	€231.4m	-2.73%	11.94%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 06:23
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Petróleo Brasileiro S.A. - Petrobras is covered by 51 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ishan Majumdar	Baptista Research
Yim Cheng	Barclays
Daniel Cobucci	BB Banco de Investimento S.A.