Petrobras Ends 2021 with a Profit of US$ 21.2 billion, The Highest in History

In the year in which Brazilian consumers paid record fuel prices, Petrobras also posted the highest profit in its history, at R$106.6 billion (US$ 21.2 billion) The result represents a growth of 1,400% compared to the previous year. With the good performance, the company announced the distribution of BRL 37.3 billion (US$ 7.2 billion) in dividends to its shareholders, raising the amount paid to them in return for 2021 to BRL 101.4 billion. The president of Petrobras, Joaquim Silva e Luna, said that the result proves that "a healthy company committed to society is capable of growing, investing, generating jobs, paying taxes and returning money to its shareholders, effectively contributing to the development of the country." Holder of 36.7% of the shares, the government will receive R$ 13.7 billion from the dividend portion announced this Wednesday. Considering the total remuneration on the result of 2021, the Union will be entitled to R$ 38.1 billion.