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A one-time monopoly, Petroleo Brasileiro remains the leader in oil exploration, production, and distribution in Brazil.
Once oil demand picks back up after the world fixes its collective economic debacle, PBR will gain. When will that happen? No idea although I think we're seeing some signs of it now. I'll go out on a limb and call for a double in 5 yrs. Collect the dividend while you wait.
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