Petroleo Brasileiro S.A. - Petrobras Shares float
What is the Shares float of Petroleo Brasileiro S.A. - Petrobras?
The Shares float of Petroleo Brasileiro S.A. - Petrobras is 4.134B 73.80%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Energy sector on NYSE compared to Petroleo Brasileiro S.A. - Petrobras
What does Petroleo Brasileiro S.A. - Petrobras do?
Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. The Exploration and Production segment explores for, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the its domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment engages in the logistic and trading of natural gas and electricity; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production business. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.
Companies with shares float similar to Petroleo Brasileiro S.A. - Petrobras
- Cisco Systems has Shares float of 4.106B 97.35%
- Red Sky has Shares float of 4.107B 77.45%
- Air China has Shares float of 4.119B 90.28%
- Theme International has Shares float of 4.120B 30.58%
- Aminex Plc has Shares float of 4.122B 97.88%
- Guangshen Railway has Shares float of 4.126B 288.29%
- Petroleo Brasileiro S.A. - Petrobras has Shares float of 4.134B 73.80%
- Steinhoff International N.V has Shares float of 4.154B 98.47%
- Exxon Mobil has Shares float of 4.161B 98.29%
- CSI Properties has Shares float of 4.167B 44.34%
- Huadian Power International has Shares float of 4.171B 242.89%
- Verizon Communications has Shares float of 4.197B 99.98%
- Verizon Communications has Shares float of 4.197B 99.98%