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Consider Petrobras, because market position matters

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

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Last updated: May 27, 2012: 11:23 AM

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