Petrobras: Focus On The 4X P/E Ratio, Not The 13% Yield (Rating Upgrade)
PBRPetrobras(PBR) Seeking Alpha·2024-06-20 20:16
herraez Petroleo 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 return play for investors and is seeing solid strength in key metrics such as EBITDA or free cash flow. OPEC+ recently made a favorable decision with regard to its 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 o ...