Petrobras corporate report
Report summary
Table of contents
- SWOT analysis
- Overview
- Key targets
- Long-term strategic outlook
- Recent market performance
- Overview
- Capital allocation
- Company targets
- Corporate breakeven
- Net debt
- Liquidity
- Financial swing factors
-
Business development and M&A
- Overview
- Performance
- Wood Mackenzie view
- Legacy portfolio
- Growth themes
-
Production outlook
- Company targets
- Wood Mackenzie view
- Production swing factors
-
New project returns
- Overview
- Projects under development
- Pre-FID portfolio
-
Portfolio renewal
- Developing core assets
- Overview
- Wood Mackenzie view
- IOR/EOR
- Overview
- Wood Mackenzie view
- Exploration
- Overview
- Performance
- Wood Mackenzie view
- Business development and M&A
- Overview
- Overview
- Refining
- Portfolio
- Wood Mackenzie view
- Transportation
- Overview
- Marketing
- Overview
- Business development and M&A
- Overview
- Overview
- Portfolio
- Wood Mackenzie view
- Business development and M&A
- Overview
- Overview
- Company targets
- Wood Mackenzie view
-
Valuation
- Wood Mackenzie base case valuation metrics
-
Investment
- Wood Mackenzie base case investment and cost metrics
-
Production
- Wood Mackenzie base case production metrics
-
Reserves and resources
- Wood Mackenzie base case reserve and resource metrics
Tables and charts
This report includes 53 images and tables including:
- Benchmark: corporate price assumptions
- Benchmark: market premium/discount to WM NPV10
- Benchmark: share price performance
- Petrobras: pre-salt resilient through E&P capex revision
- Petrobras: capex evolution by business plan
- Petrobras: net debt outlook
- Benchmark: corporate breakevens
- Corporate cash flow (CF) breakdown* and price sensitivity
- Petrobras: production evolution by country
- Petrobras: upstream net cash flow by basin
- Benchmark: WM NPV10 by resource theme
- Benchmark: WM NPV10 by maturity
- Petrobras: strategic fit of upstream assets
- Petrobras: reported production vs company targets vs WM outlook
- Benchmark: WM production CAGR – short term vs long
- Petrobras: projected capital spend to 2035 and IRRs for top greenfield projects
- Benchmark: new field* development returns vs investment
- Benchmark: capex intensity outlook
- Petrobras: lifting cost* by resource theme
- Petrobras: point-forward breakeven and remaining reserves for assets in Brazil
- Petrobras: recovery factor for key Campos Basin fields
- Benchmark: deepwater-turbidite recovery factors
- Benchmarrk: outlook for top 10 prospective basins globally
- Benchmark: Brazilian offshore acreage by basin
- Petrobras: downstream segment profitability – reported vs WM outlook
- Benchmark: net cash margin (NCM) outlook – Petrobras vs global averages
- Petrobras: gas and power segment profitability – reported vs WM outlook
- Petrobras: total emissions* – reported vs WM
- Petrobras: breakdown of reported total emissions*
- Benchmark: flaring intensity
- Upstream EV vs Upstream NPV10
- Upstream portfolio sensitivities vs Upstream EV
- Base case upstream NPV10 by country
- Base case upstream NPV10 by country risk
- Forecast development expenditure (nominal)
- Forecast operating expenditure (nominal)
- Reported and unit development costs
- New project returns
- Reported and WM forecast production
- WM forecast production – liquid vs gas
- WM forecast production by country – liquid
- WM forecast production by country – gas
- WM total commercial reserves
- WM total resources by region
- Total reserves: reported vs Wood Mackenzie
- Reserve life: reported vs Wood Mackenzie
- Base price assumptions (nominal terms)
- Base price assumptions (nominal terms)
- Base, high and low Brent (nominal terms)
- High price assumptions
- Low price assumptions
- Valuation assumptions
What's included
This report contains:
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