PETROBRAS Reports Total Revenue of USD 26.8 Billion for Fiscal Year 2023 Q1, Down 1.5% Year-on-Year
May 26, 2023
On March 31, 2023, PETROLEO BRASILEIRO SA PETROBRAS ($BER:PJXA) reported total revenue of USD 26.8 billion for the end of its fiscal year 2023 Q1, a 1.5% decrease from the same period in the previous year. Net income for the quarter was USD 7.3 billion, 14.7% lower than that of the same quarter in the prior year.
GoodWhale has conducted an analysis of PETROLEO BRASILEIRO SA PETROBRAS’s financials and determined that it is a medium risk investment. This conclusion was based on the Risk Rating score, which takes into account the financial and business aspects of the company. Additionally, GoodWhale has detected 2 risk warnings in the income sheet and balance sheet. Those who are interested in learning more about these warnings can register with GoodWhale in order to gain access to further details. Overall, PETROLEO BRASILEIRO SA PETROBRAS appears to be a valuable investment opportunity. However, it is important to consider the risk warnings in order to make sure that this investment is a sound one. GoodWhale provides a comprehensive report that can be used to weigh the risks and rewards associated with this particular stock. More…
About the Company
Below shows the total revenue, net income and net margin for PJXA. More…
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Cash Flow Snapshot
Below shows the cash from operations, investing and financing for PJXA. More…
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for PJXA. More…
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Key Ratios Snapshot
Some of the financial key ratios for PJXA are shown below. More…
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Investors interested in PETROLEO BRASILEIRO SA PETROBRAS should be aware of its latest performance. For the fiscal year 2023 Q1, total revenue was 26.8 billion USD, a slight decrease from the prior year. Net income for the quarter showed a more significant decrease of 14.7%.
Analysts suggest investors consider the company’s long-term prospects and its ability to navigate turbulent economic conditions. Overall, PETROLEO BRASILEIRO SA PETROBRAS remains a strong option for those looking for a robust investment in the energy sector.
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