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Consider Petrobras, because market position matters

 Apr 23, 2009 10:40 PM UTC
Return Risk
+0.67% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
PBR Positive 04/23/09 +44.91% 11/07/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

It goes without saying that one of the sectors preferred in this space is the integrated oil sector, and when one can combine a demonstrated business model with a dominant market position, that's the equivalent of a baseball doubleheader, which is why Brazil-based Petroleo Brasileiro SA (NYSE: PBR), also known as Petrobras, is worth a review.

In general, analysts expect Petrobras' oil and gas production to increase about 2% in 2009. The company has proved reserves of 11.7 billion barrels of oil equivalent, 14,200 wells, and 5,970 gas stations.

Continue reading Consider Petrobras, because market position matters

Consider Petrobras, because market position matters originally appeared on BloggingStocks on Thu, 23 Apr 2009 17:40:00 EST. Please see our terms for use of feeds.

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