In April 2023, Petrobras reached a market capitalization value of approximately 75.3 billion U.S. dollars. The company's market capitalization has been seeing an overall decline since March 2022, when its value was 98.5 billion U.S. dollars.
In the first months of 2020, the Brazilian national oil corporation's net worth plummeted to less than 40 billion U.S. dollars, linked to the impact of COVID-19 in Brazil and in oil prices worldwide. Since then, the company's market capitalization has also been affected by political disputes in early-2021.
Petrobras' market capitalization value from January 2017 to May 2023
(in billion U.S. dollars)
Characteristic
Value in billion U.S. dollars
May '23
75.27
Apr '23
69.26
Mar '23
68.03
Feb '23
72.79
Jan '23
70.7
Dec '22
69.46
Nov '22
74.35
Oct '22
82.5
Sep '22
80.48
Aug '22
94.18
Jul '22
93.14
Jun '22
76.7
May '22
92.93
Apr '22
88.93
Mar '22
98.48
Feb '22
94.64
Jan '22
88.44
Dec '21
71.61
Nov '21
69.33
Oct '21
64.05
Sep '21
70.05
Aug '21
68.16
Jul '21
69.59
Jun '21
77.74
May '21
75.59
Apr '21
55.31
Mar '21
53.94
Feb '21
51.72
Jan '21
65.55
Dec '20
73.24
Nov '20
71.22
Oct '20
43.24
Sep '20
44.61
Aug '20
57.46
Jul '20
56.55
Jun '20
55.31
May '20
49.76
Apr '20
42.85
Mar '20
37.57
Feb '20
78.92
Jan '20
92.03
Dec '19
104.29
Nov '19
96.07
Oct '19
107.23
Sep '19
92.55
Aug '19
88.37
Jul '19
97.51
Jun '19
101.55
Mai '19
94.11
Apr '19
97.9
Mar '19
103.83
Feb '19
101.03
Jan '19
107.16
Dec '18
96.27
Nov '18
94.96
Oct '18
105.2
Sep '18
78.72
Aug '18
70.9
Jul '18
81.72
Jun '18
65.42
May '18
66.07
Apr '18
89.29
Mar '18
92.22
Feb '18
92.62
Jan '18
86.88
Dec '17
67.11
Nov '17
64.31
Oct '17
69.72
Sep '17
41.67
Aug '17
38.55
Jul '17
36.77
Jun '17
52.11
May '17
55.31
Apr '17
58.77
Mar '17
63.2
Feb '17
66.59
Jan '17
67.37
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* The graph shows the market cap as of the last available day for each month.
The source does not provide an exact date of publication. The release date given is the date of access.
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Macrotrends. (June 26, 2023). Petrobras' market capitalization value from January 2017 to May 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1111558/petrobras-market-capitalization-value/
Macrotrends. "Petrobras' market capitalization value from January 2017 to May 2023 (in billion U.S. dollars)." Chart. June 26, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1111558/petrobras-market-capitalization-value/
Macrotrends. (2023). Petrobras' market capitalization value from January 2017 to May 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1111558/petrobras-market-capitalization-value/
Macrotrends. "Petrobras' Market Capitalization Value from January 2017 to May 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 26 Jun 2023, https://www.statista.com/statistics/1111558/petrobras-market-capitalization-value/
Macrotrends, Petrobras' market capitalization value from January 2017 to May 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1111558/petrobras-market-capitalization-value/ (last visited July 22, 2024)
Petrobras' market capitalization value from January 2017 to May 2023 (in billion U.S. dollars) [Graph], Macrotrends, June 26, 2023. [Online]. Available: https://www.statista.com/statistics/1111558/petrobras-market-capitalization-value/
