Petroleo Brasileiro SA Petrobras ADR
PBR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$25.20 | Jbdb | Bvghjnnm |
Petrobras Earnings: Production Guidance Increased Despite Lower-Than-Expected Capital Spending
Petrobras' reported third-quarter adjusted recurring EBITDA fell to BRL 66.9 billion from BRL 92.7 billion a year ago on lower oil prices, which were partially offset by an increase in volumes.