1. By: Sam Rohrer and Jonathan Stewart

2.  Buy: $36  Sell: $43 - $45

3.  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

4.  Price: 36.83  52 Week Range: 31.21 – 47.39  Market Cap: 240.55 billion  P/E Ratio: 8.93  Beta: 1.5

6.  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

7.  Listed as having assets of 12.138 billion barrels  Have two experimental biofuels  Santo’s Basin pre-salt reserves  About to start drilling Tupi Well

8.  Rated most socially responsible company in Brazil  Preserve environment, culture and sporting of Brazil  Sponsors surfing, racing and soccer competitions

9.  Have discovered enormous new Pre-Salt Oil Reserves (12.138 billion)  Many good programs for the environment and society

10.  http://www.petrobras.com.br/en/ http://www.petrobras.com.br/en/  http://www.google.com/finance?client=ob&q =NYSE:PBR http://www.google.com/finance?client=ob&q =NYSE:PBR