1. FACT SHEET
Net Income
Company Profile
20,000 19.184
18.879
Founded in 1953, Petrobras is a publicly traded corporation operating in an
15.504
integrated manner in the following segments of the oil, gas, and energy industry:
US$ Million
15,000
12.826 13.138
exploration and production; downstream, marketing, transportation and 10,000
petrochemicals; distribution; natural gas, energy and biofuels. Acknowledged as
the leader in deep and ultra-deep water exploration and production, Petrobras 5,000
is currently the world’s third largest energy company (source: PFC Energy, 2010),
and the best managed company in Latin America (source: Euromoney, 2010). 2006 2007 2008 2009 2010
Net Income
Comp etitive Advantages Consolidated Financial Results
The volume of proved oil and gas reserves and the ongoing success rate in the In 2010, Petrobras reported a net profit of $19.184 billion, up 23,73% from 2009.
company’s exploration results have afforded Petrobras a prominent position and In the period, EBITDA reached $32,6 billion, while investments totaled $45 billion.
growth in the industry.
In October 2010, the Company completed a global public offering of common and
Petrobras’ performance indicators in 2010 include: average oil and gas production preferred shares that resulted in a capital increase of $70,005 billion. The proceeds
of 2.6 million barrels per day; 16 refineries; 130,2 thousand square kilometers of were allocated to pay for the Transfer of Rights Agreement and to finance the
exploration areas, with more than 15,000 producing wells; 132 production platforms; Business Plan.
a fleet of 52 own vessels; 48 land and sea terminals and 8,477 service stations.
In Brazil, Petrobras has the leadership in all segments of the value chain and the (Million US$) 2008 2009 2010
Net Income 18.879 15.504 19.184
company’s growing production is fully supported by its discoveries. This dominant
EBITDA 31.083 28.982 32.626
position combined with the strong local demand in one of the fastest growing Net Debt 20.624 40.963 36.701
global markets enhances the company’s logistical synergies and credit quality. Shareholders Equity 61.909 94.058 181.494
Net Debt / Net Capitalization 25% 30% 17%
Net Debt/EBITDA 0,66 1,41 1,12
Adjusted EBITDA: US$ 32.6 billion (2010)
Growth Strategy
10% - RTM
The 2010-2014 Business Plan provides for investments of $224 billion. Of this total,
4% - G&P $212.3 billion are being allocated to projects in Brazil and a further $11.7 billion
3% -Distribution to overseas activities.
77% - E&P 6% - International The focus will be on the Exploration and Production segment, which will get $118
billion (Brazil and International), for a total of 53% of the investments. Of this
amount, $33 billion will be set aside to develop the pre-salt alone, where average
production is expected to be 241,000 bpd in 2014.
The oil and natural gas production projected for 2014 is expected to top at 3.9
Dividend Payout million boed, of which 3.6 million boed will represent the domestic production.
40%
8,000 2010-2014 Business Plan
7,000
35%
6,000 35%
1% 2% 1% US$ 224.1 billion
5,000 2%
US$ Million
29% 29%
4,000 30% 8% International
28% 5%
3,000
2,000 25%
1,000 22%
20% 53%
2006 2007 2008 2009 2010
33%
Dividends (US$) Dividends / Net Income
Brazil
95%
E&P RTM Distribution Biofuels
G&P Petrochemicals Corporate

2. FACT SHEET
Equity performance Operating Data
In 2010, an average of 90% of the refining capacity was used. Sales on the Brazilian
BM&F Bovespa (R$ per stock) NY SE (US$ per ADR**)
market last year were 13% higher than those in 2009 at 2,378,000 barrels per day.
Preferred Commom Preferred Commom
Oil products sales increased 11% vs. 2009, surpassing the growth of Brazilian
Ticker* PETR4 PETR3 PBRA PBR
economy (7%). There was also a strong growth in natural gas sales (33%) and an
Last Price 27,29 30,55 34,17 37,84
increase of oil exports due to the production growth.
Maximum 12 month 41,81 37,50 43,82 48,90
Minimum 12 month 24,16 26,68 28,63 31,90
The proved oil and natural gas reserves amounted to 15.985 billion boe in 2010,
*December, 31 2010
according to the SPE criterion, representing a 5% growth compared to 2009.
Petrobras maintains its goal of increasing reserves at a faster pace than production
Pre -salt and of reaching a minimum 100% Reserve Replacement Index (RRI). In 2010, the
RRI was 229%. As a result, according to the SPE criterion, the Reserve/Production
Petrobras, the global leader in exploration and production in deep and ultra-deep ratio stood at 18,4 years.
waters, made one of the biggest discoveries in recent times in the oil industry: the
pre-salt area, which potentially ranks Brazil among the countries with the largest Oil and Gas Production
oil and gas reserves in the world.
2.583
2.526
2.400
2.301
In the Lula (previously Tupi) and Cernambi (previously Iracema) fields, and in 2.297
427
413
the Iara, Guará, and Parque das Baleias blocks alone, the recoverable volume is
422
Thous boe/day
383
377
2.156
estimated between 8.1 and 9.6 billion barrels of oil equivalent (boe). This amount,
2.113
1.978
1.920
1.918
added to the right to explore a volume of 5 billion boe acquired through the
Transfer of Rights Agreement, may more than double the current Petrobras
reserves. Prospecting at a depth of 5,600 meters from the surface of the sea,
cutting through a 2,000-meter-thick layer of salt, and operating at a distance of 2006 2007 2008 2009 2010
nearly 230 km off the coastline, the company had 100% success rate in all wells Oil, NLG and Condensate Natural Gas Total
drilled in the Santos Basin pre-salt area.
In October 2010, the production started at the Lula Field, and in last December,
International Performance
the commerciality of Lula and Cernambi fields were declared, considering a total
recoverable volume of 8.3 billion boe. Also in December, the extended well test Last year Petrobras invested US$ 3,4 billion in international activities aimed
(EWT) got underway in the Guará area. at growing production in the deep-water regions. The Company currently
operates on five continents and in 28 countries, focusing principally on the
United States and on the west coast of Africa.
Rio de Janeiro
Social and Environmental Responsibility
Libra
In 2010, Petrobras invested US$ 402,2 million in social, environmental, cultural,
South Cernambi and sports projects in Brazil and abroad. Since 2006, Petrobras has been listed
on the Dow Jones Sustainability World Index (DSJI), the most important of its
Iara Horst
category, recognition of the company’s socio-environmental responsibility and
commitment. It should be pointed out that the company has been a signatory to
Northeast Carioca P7 Lula Pilot
the UN’s Global Compact since 2003.
North Guará
Contacts
IG1 Lula Pilot
www.petrobras.com.br/ir
South Lula E-mail: acionistas@petrobras.com.br
Address: Av. República do Chile, 65, sala 2202-B, Centro
Rio de janeiro - RJ / ZIP: 20031-912
Telephones: 0800-282-1540 / (21) 3224-1510 / 3224-9947
South Guará
Transfer of Rights Under Concession