Petrobras is due to increase upstream production at attractive low-cost economics. Learn why PBR stock is a Buy.

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Of course, PBR's decline had its reasons, but I think the company's business continues to perform well enough that the current stock valuation has become too cheap to maintain a "Hold" rating.

Petrobras PBR, an oil and gas company of Brazil, recently announced the allocation of 16.5 billion reais ($2.8 billion) in contracts aimed at constructing 12 new platform supply vessels (“PSVs”).

Petrobras S.A. PBR, a Brazilian state-owned energy company, has initiated the teaser phase of transferring a minority stake in the Tartaruga field. In this phase, the company provides the initial ...