Should Investors Fear Petrobras' Recent Production Slump?
If you are an investor in Petrobras , you probably have a pretty high pain tolerance. This year alone we have seen the company's shares drop almost 30%, and this past month's production numbers were not not encouraging, either. Fortunately, the recent struggles to grow production are not the headaches you should worry about with this company, but those who are invested in Patrobras will probably need to stomach at least a few more painful months before any major change in the company's prospects.
Rather than focusing on the month to month production numbers, there are a few things to watch for with Petrobras going forward.
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The article Should Investors Fear Petrobras' Recent Production Slump? originally appeared on Fool.com.Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter @TMFDuffy and @TylerCroweFool, respectively.The Motley Fool recommends Petroleo Brasileiro S.A. (ADR). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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