Petroleo Brasileiro S.A. (ADR) (NYSE:PBR)
CAPS Rating:
A one-time monopoly, Petroleo Brasileiro remains the leader in oil exploration, production, and distribution in Brazil.
The World's Greatest Investing Community
A one-time monopoly, Petroleo Brasileiro remains the leader in oil exploration, production, and distribution in Brazil.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions
RSS Headlines
Fool UK
Recs
I reviewed the 3rd quarter results of PBR (rated “hold”) and in my opinion, they were better than what the media is saying, albeit mediocre. They are making a $3 per share profit, although lower earnings for two consecutive years. Revenues are growing at a 13% rate over the past 5 years, and 10% over the past 4 quarters, so the earnings should turn around as overseas sales increase. It is also selling at a 10% discount to book value, which is usually the price for stocks that are losing money instead of making money. It is a good stock selling at bargain basement prices. I believe a 20% rebound is in order.