RIO DE JANERIO RJ BR, Brazil (AP) _ Petroleo Brasileiro SA - Petrobras (PBR) on Wednesday reported fourth-quarter profit of $11.51 billion.

On a per-share basis, the Rio De Janerio Rj Br, Brazil-based company said it had net income of $1.76. Earnings, adjusted for non-recurring gains, were 82 cents per share.

The oil and gas company posted revenue of $13.91 billion in the period.

For the year, the company reported profit of $1.14 billion, or 18 cents per share. Revenue was reported as $53.68 billion.

Petrobras shares have fallen 25% since the beginning of the year. The stock has declined 34% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBR at https://www.zacks.com/ap/PBR

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