last Qtr was an good begin for making more profit every Qtr.
Sentiment: Strong Buy
Poor warrenbuffono, I am sure you must lose too much!!!!
Keep your shares and lose more.
Sentiment: Strong Sell
Divident is 5.3% i need only one year div for profit.
exploration costs rose 43 percent to 2.15 billion, the cost of goods sold rose 19 percent and general and administrative expenses rose 8.3 percent.
As a consequence adjusted earnings before EBITDA fell 15 percent from a year earlier to 11.94 billion reais. EBITDA is a measure of a company's ability to generate cash and profit from operations.
This result missed expectations. The average EBITDA estimate in the Reuters survey was 14.2 billion reais.
Profit would have fallen were it not for a nearly four-fold increase in financial earnings to 2.79 billion reais led by the Treasury bond sale, which Galdi called "unusual".
Further Petrobras also said debt also rose to 2.77 times earnings before interest, taxes, depreciation and amortization (EBITDA).
That's above the company's own limit of 2.5 times EBITDA, as Reuters reported Dec. 18 after Moody's Investors service put Petrobras debt on watch for a possible downgrade.
Wolf is crying for his printed short money.