Petroleo Brasileiro SA Petrobras (PBR.A): Today's Featured Basic Materials Loser

The basic materials sector closed the day down 5.6%. Tri-Valley Corporation ( TIV), Geokinetics Inc ( GOK), GeoGlobal Resources Inc ( GGR), and USEC Inc ( USU) were all decliners today within the basic materials sector with Petroleo Brasileiro SA Petrobras ( PBR.A) being today's featured basic materials loser. Petroleo Brasileiro SA Petrobras fell 83 cents (-4%) to $19.89 on average volume. Throughout the day, 10.7 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 7.3 million shares.

Petroleo Brasileiro S.A. primarily engages in oil and natural gas exploration and production, refining, trade, and transportation businesses. Petroleo Brasileiro SA Petrobras has a market cap of $139.4 billion and is part of the energy industry. The company has a P/E ratio of six, below the S&P 500 P/E ratio of 17.7. Shares are down 39.4% year to date as of the close of trading on Friday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.

On the positive front, China Green Agriculture Inc ( CGA), Oilsands Quest Inc ( BQI), Torch Energy Royalty ( TRU), and Exeter Resource Corporation ( XRA) were all gainers within the basic materials sector with Randgold Resources ( GOLD) being today's featured basic materials sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider Materials Select Sector SPDR ( XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd ( SBM).

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