PBR: Drilling Down Into Oil and Gas ADR

By: Mark Sebastian Petrobras (PBR) is sitting on one of the largest oil reserves in the world and oil is not a cheap commodity right now. Yes, oil has been falling, but I do not know anyone that thinks this company has any fundamental problems with it. Brazil has a relatively stable government (especially for an oil producer), PBR is a well run firm and sits on huge supply. Take a look at the...

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