By: Sam Rohrer and Jonathan Stewart
Buy: $36 Sell: $43 - $45
State- Owned Brazilian Oil and Natural Gas Company 4 th Largest Energy Company in the World Majority Stock holder is Government of Brazil Earnings Report predicted for 2/17/11
Price: 52 Week Range: – Market Cap: billion P/E Ratio: 8.93 Beta: 1.5
Oil and Natural Gas production, refinement and distribution Main business is in Deep and Ultra-Deep waters Produce: Aviation Fuel (pre-salt reserves) Diesel Liquid Petroleum Gas
Listed as having assets of billion barrels Have two experimental biofuels Santo’s Basin pre-salt reserves About to start drilling Tupi Well
Rated most socially responsible company in Brazil Preserve environment, culture and sporting of Brazil Sponsors surfing, racing and soccer competitions
Have discovered enormous new Pre-Salt Oil Reserves ( billion) Many good programs for the environment and society
=NYSE:PBR =NYSE:PBR