Petroleo Brasileiro ADR Reptg 2 Ord Shs PBR

Alternate Symbol(s): PBR.A

Petroleo Brasileiro S.A.-Petrobras specializes in the oil, natural gas and energy industry. The Company is engaged in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields and from shale or other rocks. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora S.A., and Corporate.

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Petroleo Brasileiro ADR Reptg 2 Ord Shs

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Post by peterfridayon Nov 24, 2015 4:06am

137 Views

Post# 24318758

incredible 2% gain in a negative sector, refining sector ..

Petroleo Brasileiro up 2 % in a negative trend market, very promising trend ahead...
Refining is more stable economy with huge oil deposit discovery to exploit in the next years. A lot of dilution share and many frauds cases to settle, but the worst seen to be behind, there a light a the end of tunnel with wolfes waiting you...Price target could be 7,77 $ before next millenium...

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