Petrobras: Focus On The 4X P/E Ratio, Not The 13% Yield (Rating Upgrade)
PBRPetrobras(PBR) Seeking Alpha·2024-06-20 20:16

herraez Petrolco Brasileiro S.A. - Petrobras (NYSE:PBR) is a Brazilian energy company with a long-term plan in place to grow energy production. Petrobras is chiefly a capital supply dynamics, which could lead to an up-trend in petroleum prices... from which Petrobras could also benefit as a large-scale energy producer. I believe that shares of Petrobras are a solid buy, in the context of OPEC+ curbing supplies, and I would recommend investors focus on valuation upside instead of the 13% forward dividend yie ...