Petrobras Argentina S.A. ADS (NYSE:PZE)
A holding company that operates through its Subsidiary Petrobras Energia and its subsidiaries, which are engaged in oil and gas exploration and production, refining and distribution, petrochemicals and gas and energy.
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Petrobras Energy adquired some more assets and is investing in trying to bring out more gas in souther argentina. A well set fire recently, but they'll improve sooner than later
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I am bullish on the whole oil and gas exploration in general, especially when the company is trading for half of book value
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Energy! Cheap! A value pick.
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strong market in brazil for oil
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Petrobras has imporoved its cash flow allowing for more acquisitions in the future. WIth high energy prices continued growth should be solid.
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