Jun. 17 at 7:44 PM
$PBR isn’t flashy, but it’s getting the job done. New contract just announced with Geospace to install advanced monitoring tech at the Mero 3 & 4 fields. That’s major — they’re optimizing some of the most important offshore oil assets in Brazil.
The company is executing well, oil prices are stable, and they’re still paying one of the biggest dividends in the market — around 10%.
Most people overlook it because it’s not a tech stock or some U.S. name, but the fundamentals are solid. Cheap valuation, strong cash flow, and a government that still needs the money.
Call it the Pabst Blue Ribbon of stocks — not fancy, but it delivers.
Long
$PBR. Holding for yield and upside.
$XOM $SLB $GEOS $VALE
