Petrobras is the tenth largest in the world, according to a Forbes rank led by oil company Exxon Mobil. The Brazilian state-owned giant is the only Latin company featured among the top ten list. The ranking criteria used financial metrics such as market value, sales, and earnings.

Other “top ten” companies highlighted within the rank are JPMorgan Chase (2), Royal Dutch Shell (4), HSBC (6) and PetroChina (7). Forbes also points out that among the one hundred largest companies in the world, five are Brazilian. In addition to Petrobras, the list includes Itaú Unibanco (30th), Bradesco (43rd), Banco do Brasil (54th) and Vale (56th).

Reference: Forbes

Share →

3 Responses to Top Ten: Forbes puts Petrobras as the 10th largest company on the planet

  1. ROSENSTEIN says:

    grossly overvalued petrobras will sink with continued losses, high debt and huge needs for oil exploration expenditures.

  2. Fernando says:

    Hey, Rosenstein, in case you have not noticed yet, the world is changing, and fast. I suggest you wake up and get over your greedy, self-centered, imperialistic hang-ups before Brazil runs you over.

  3. rosenstein says:

    HEY, FERNANDO,
    THANKS FOR YOUR POST 4/24/2012. SORRY TO SAY
    PETROBRAS IS WORTH LESS THAN ECOPETROL (6/19/2012).

Leave a Reply

Your email address will not be published.


+ 6 = 11

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>