Quick Note on Upcoming Dividends from Petrobras

Major Oil companies are profiting from the sky-high crude oil prices this year. Recent quarterly reports from these firms showed the astonishing profits they earned. Brazilian oil giant Petrobras(PBR) is no exception. On July 28, 2022 Petrobras reported excellent results for 2Q, 2022. Net Income soared to US $10.5 billion, a 26.8% rise from the …

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Most Brazilian ADRs Are Trading Under $10 a Share

“Brazil, Land of the Future and always will be!” – Charles de Gaulle Brazil used to be one of the best emerging markets a few years ago. As one of the BRIC countries Brazil had everything going it relative to others. But then politics and other factors turned Brazil one of the basket cases – at …

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