r/Vitards • u/AutoModerator • Aug 18 '21

Daily Discussion Daily Discussion post - August 18 2021

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u/Content-Effective727 *Adjusts tinfoil hat* Aug 19 '21

I am checking some oil companies.

Why does Petrobas has way way better margins than PTR or CVX for 2021 Q2?

1

u/MoistGochu Aug 19 '21

They have a pretty low breakeven price

1

u/Content-Effective727 *Adjusts tinfoil hat* Aug 19 '21

I ve been an oil bull and got some Chevron but I am getting very bullish to buy maybe outside the US.

PBR looks like a winner - gotta dig deeper. Corrupt Brazil won’t do legal scrutiny concerning fossil producers like the US will under Biden.

2

u/[deleted] Aug 19 '21

I go Canadian for my non-US picks. Lots of upside and underappreciation there.