$49.01 -0.25 (-0.51%)
11/6/2009 4:01 PM

Petroleo Brasileiro S.A. (ADR) (PBR)

CAPS Rating: 5 out of 5

The national oil company of Brazil and directly or through its subsidiaries is engaged in the exploration, production, refining, distribution, import, export, marketing and transportation of hydrocarbons and oil products.

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Member Avatar Sergi0 (< 20) Submitted: 11/23/2008 9:59:15 PM : Outperform Start Price: $17.38 PBR Score: +148.20

Largest compay of Brazil. Recently discovered very large fields of oil, but they will need to spend a lot of time and money in research how to extract oil from very high depths under a salt layer. There are several Brazilian companies that are better dividend payers, but when oil prices raises again this stock will take off.

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