Download - Fact sheet-2013 (english version)
FACT SHEET | 2013First half
Petrobras in BrazilDEC/2012
Proved Reserves in Brazil SPE criteria (Society of Petroleum Engineers) Billion boe
For the challenges of today, the energy of always.
Platforms under operation 125
Refineries 12
LNG terminals 2
Thermoelectric power plant 18
Pipelines (km) 31,265
Shipsfleet 237
Servicestation(BR) 7,641
• Integrated energy company
• Larger deep-water operator in the world
• Pre-salt: potential to double the oil and gas reserves
• Priority for exploration & production projects in Brazil
• Forecast to double the oil production in Brazil by 2020
•Managementfocusonefficiencyincreaseandcostoptimization
• Sustainability: seventh consecutive year in the Dow Jones Index (DJSI)
Exploratory blocks
Refineries
Oil production in Brazil
Kbpd
4,200
2,750
1,980
1,271653
181
Onshore
Shallow water
Deep water
Ultra-deep water
Kbpd = thousand barrels per day E = estimate
1980 1990 2000 2012 2017E 2020E
Potential Increase
1.55
1980 1990 2000 2012 Pre-salt recoverable volumes *
Transfer of Rights
5.379.61
15.73
6.7/7.9
5.00
boe = barrel of oil equivalent * Lula/Cernambi, Iara, Sapinhoá and Parque das Baleias
Margem Equatorial
Ceará and Potiguar
Parnaíba Rio do Peixe
Solimões and Amazonas
Parecis
São Francisco
Pelotas
Santos
Campos
Espírito Santo
Sergipe/Alagoas
Paraíba/Pernambuco
Tucano, Recôncavo, Camamu/AlmadaandJequitinhonha
Business and Management Plan2013-2017period
Consolidated Financial ResultsUS$ Billion
Dividend Yield* Total Dividends
Pre-salt production is a reality
TotalUS$ 236.7 billion947projects
Under implementationUS$ 207.1 billion770projects
Under EvaluationUS$ 29.6 billion177projects
NYSE (US$ per ADR)
TickerLast price*
*June 3rd, 2013
US$ million
Maximum 12 months
Minimum 12 months
PBR18.02
24.18
14.45
PBR/A19.18
23.32
16.73
• Oil production above 300 thousand barrels per day (May, 2013)
• Thislevelwasreachedwithonly17producing wells, 6 in Campos Basin and 11 in Campos Basin
• Levelreachedonly7yearsafterdiscovery
2012
Net Income 11.03 20.10 19.18 15.50
Capex and Investments 42.95 43.16 45.08 35.13
EBITDA 27.63 37.30 32.62 28.98
Net debt 72.34 54.90 36.70 40.96
Shareholder’s Equity 169.04 177.11 183.40 94.96
Net Debt / Net Capitalization 30% 24% 17% 31%
Net Debt / EBITDA 2.62 1.47 1.03 1.20
2011 2010 2009
PBR and PBR/A vs. Dow Jones
= +
• Currently, three production systems operates in the pre-salt of Santos Basin
• Production forecast of more than 1 million bpd by 2017and2.1millionbpdby 2020
2.6%
PBR/A PBR
*DividendpershareproposedinGeneralOrdinaryMeeting/ Share price in the last day of the year
www.petrobras.com.br/ir
Total Dividends (US$ million)
TotalDividends/NetIncome(%)
3.6%4.2%
5,161
6,780 6,905
4,499
4.9% 33%35% 34%
41%
20092009 20102010 20112011 20122012
2.3%3.3%
3.9%
2.4%
*Engineering, Technology and Materials
Exploration & Production
Downstream
Gas & Energy
International
Distribution
Petrobras Biocombustível
ETM*
Other Areas
1.4%(US$3.2billion)
1.1% (US$ 2.9 billion)
1.0% (US$ 2.3 billion)
0.4%(US$1.0billion)
4.2%(US$9.9billion)
2.2% (US$ 5.1 billion)
27.4%(US$64.8billion)
62.3%(US$147.5billion)
PBRPBR/ADow Jones
332%
jun-03
Inde
xNum
ber=
100in06/02
/200
3
1800
1600
1400
1200
1000
800
600
400
200
0jun-04 jun-05 jun-06 jun-07 jun-08 jun-09 jun-10 jun-11 jun-12 jun-13
274%
71%