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 Paray99on Nov 29, 2022 4:53pm

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Post# 35137902

PBR and VALE for a good dividend

It is a good idea to get into Brazilian companies Vale and Petrobras for their attractive dividends. Risk factor is there with their government, but 5% in the total portfolio will not hurt much if things go bad.

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