S\u00e3o Paulo \u2013 The Brazilian state-owned oil company Petrobras ranked fourth in the list of largest open capital enterprises in the American continent, according to a survey conducted by consultancy firm Econom\u00e1tica. Petrobras’ market value rose 81% in comparison with the last survey, held in December last year.<\/p>\n
According to figures supplied by Econom\u00e1tica, Petrobras’ market value has gone from US$ 95.84 billion, as of December 31st, 2008, to US$ 173.59 billion, as of last Tuesday (4th). The company was surpassed only by the North Americans ExxonMobil (US$ 344.5 billion), Microsoft (US$ 211.8 billion) and Wal Mart (US$ 196.2 billion). Last year, Petrobras ranked 17th in the list, which does not include Canadian companies. In terms of market value, however, Petrobras was already the largest open capital company in Latin America.<\/p>\n
Out of the 25 largest companies in the American continent, only Petrobras and Vale are from Latin America, all of the others being based in North America. Vale, which ranked 33rd late last year, with a market value of US$ 58.46 billion, climbed to the 22nd position, with a market value of US$ 102.92 billion.<\/p>\n
With regard to market value, the Brazilian company surpassed the North American chemical giants Johnson & Johnson (US$ 168.25 billion) and Procter & Gamble (US$ 161.64 billion), which ranked respectively 5th and 6th in the list, as well as multinationals General Electric, Google, Cola-Cola and Pfizer.<\/p>\n
Econom\u00e1tica surveyed all of the open capital companies in the United States, Mexico, Peru, Colombia, Venezuela, Chile, Argentina and Brazil.<\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
The market value of the Brazilian state-owned oil company rose 81% from December to August, totalling US$ 173.59 billion, according to consultancy firm Econom\u00e1tica. Last year, the company ranked 17th.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-31764","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The market value of the Brazilian state-owned oil company rose 81% from December to August, totalling US$ 173.59 billion, according to consultancy firm Econom\u00e1tica. Last year, the company ranked 17th.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/31764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=31764"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/31764\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=31764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=31764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=31764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}