Petróleo Brasileiro S.A. - PetrobrasPBRNYSE
Amen. This strategy has worked so well this year.
Shorted TSLA, AFRM, DASH, FRPT, and closed out the trades last / this week.
Long on PBR, WTI, NAT, FRO, ASC, NM and SB for trading.
Engineer here; oil and gas are going much higher. Further, due to grain cargo shifts / food shortages due to the Russia / Ukraine war, bulk shipping is going to get wild in the second half of the year. Expect a pull back in Natty Gas before going next level in the late summer / fall. Expect crude and refined products to slowly grind way up into the stratosphere. I dunno when it'll stop, but when everyone starts saying how the world's going to run out of oil, that's when I'll sale.
PBR is ticker for Petroleo Brasileiro ADR - DOM is pizza on the LSE
Suck down some PBR and be refreshed!
Oh, I hope she tells us how we saved, what was it, 50 cents? ...last time?
Either way, I'll have some sub-par, overpriced popcorn and a craft-priced PBR on hand for that one.
Try to view (in your broker like fidelity, schwab for actual dividend) VALE,GGB,SID PBR-A,SBLK and ZIM. Except VALE, GGB,SID, I have not bought any previously. Now, I do not have any stock.
Bro I just put PBR in my baby’s bottle fuck this shortage my kid is here to rage gotta adapt and overcome.
> We watched a lecture series that talked about decision making. It got into a lot of concepts surrounding buying. One big one was how a $100 difference on a $3000 item is easily overlooked but not so for a $1000 item. Either way it is the same $100, but we don't agonize over small percentage differences.
Everybody loved rational choice theory and constructivism in grad school but yet far, far too often the only explanations for why many events happen is power and sex so once again we return to realism.
Oh, and Thursdays in grad school were awesome, trailer park trivia night. Trivia and $1 tall boys at a bar just off campus but only if you got PBR, Old Milwaukee/Light, Coors Banquet, Busch Light, or Miller High Life. IMO one of these was very much not like the others.
I was crying in micro brew but now I'm crying in bud.
If this keeps up I'll be in pbr or Hamm's.
You work on to small of networks. I am nearly all Fortune 500s and Government. The Ubiquti and Meraki style devices are not happening in that space. If you did not know Ciscos Cat9k switches all have an easy to use GUI as well, but besides ease of doing packet captures I would not bother with it. These companies are doing more then setting an interface as trunk or access and setting vlans. VRFs, VRRP, PBR, 802.1X, routing protocols not just statics, all mandatory.
I could be warren buffet and I'd still complain about PBR being $5.. not worth that ! But hey thanks for looking so far into this to stalk my profile, you clearly are not malding:::)))))
I have issue with this one. One hand I kinda want it but I don't want more oil in my portfolio so it only gets in if I sell XOM or PBR.
just bought my first position in PBR
Brazilian oil company with a PE of 4.62 and a dividend of 22% cant go tits up
Who else is slamming some $PBR and then popping a couple $OXY. Oil up today?
I'm probably leaving oil soonish just didn't sell yet but will in near future I have few more div dates to cover but likely selling my PBR Monday. Lukoil I mostly luckily got out when it was still possible and XOM I sell as ex div date was last week.
I'm betting more on market going down but could be wrong we will see.
Basically I think Powell has decided to kill inflation and results will not be pretty. https://www.cnbc.com/2022/05/12/powell-says-he-cant-guarantee-a-soft-landing-as-the-fed-looks-to-control-inflation.html
PBR they are opening new refineries
$PBR going up thru all this ☝️😮 and therefore so is muh weenis
PBR might actually payoff
IAU - iShares gold trust VYM - vanguard high dividend etf VYM - vanguard high dividend etf international DBC - invesco commodity index tracking fund VDE - vanguard energy etf PBR - petrobras
I drive around and see people happy drinking PBR in their mobile home and fat wives and I think to myself, how can they be so content being poor fucking a women with fat tits....
Is Brazils gov the only reason why PBR isn't higher
buy $PBR calls and thank me later
I'm at work right now, and can look for specific links when I get home, but just as a placeholder, these projections come from the EIA, and a few other global energy organizations.
The market is really fractured right now, and causing a lot of volatility. That's why you're seeing things like WTI dip to $95 one day, then rip to $105 the next. The bid/ask is completely wrecked as high demand companies (think airlines) work out how to hedge, or meet their demands.
While I do think there may be some volatility and good price opportunities ahead, I think the game has transitioned. Most of the raw gains from oil pricing have been realized. We're just now entering the part where companies have debt back under control, and are initiating aggressive buybacks and/or dividends. You'll pay fair value today, but get billions in shareholder value returned in a hurry, assuming oil stays high. My 5 year forecast personally is $80 WTI, $87 Brent. Western breakeven is between $35-45 usually, so this is a really healthy spot price, even if we dip back below $100 in 2 years or so.
I still think Canada is cheap. I listed a few I personally like, including CVE, SU, and TRMLF (all US symbols).
One of my personal best returning companies of any sector is Petrobras (PBR). You have to be comfortable with the risk of being in Brazil, but they have a ridiculous yield on dividend alone and there isn't anything that says they won't be able to continue that easily*. In fact, they've stated on numerous times they plan to continue returning cash to shareholders. (*socialist party leader Lula da Silva is currently the favorite for the upcoming presidential election, and spent time in prison for corruption stemming from bribery directly related to PBR. He's also stated a desire to bring the company even more under government control. If he wins, it'll be worth revisiting, but for today, right now, they're worth significantly more than current value).
I generally avoid western Europe altogether. Regulations are killing the industry at the expense of the consumer. US majors are fair value, but midstream pipelines are still cheap. Issue with them is a lot of them come with K-1 forms. If you're willing to put up with that, ET looks fantastic. Some other names I like are CHK, LNG, and PXD.
I'm increasingly turning my focus onto infrastructure and oil services. Think the holdings inside the OIH ETF. I'm early into research, and can't speak eloquently on them yet, but BKR is right up my alley. Long (long) term, off shore offers the best upside by miles. All the companies are hot garbage right now though. So, taking a swing on something like RIG would come with a lot more risk, and a very long horizon to play out, but could offer some of the best returns in the industry. I'll likely end up owning them (or someone similar) before the end of the year.
Just my personal opinions, don't hold it as gospel.
I was super happy to see that letter from Elliot to Suncor. Not sure if SU will do anything about it, but it's a step in the right direction. They are too good of a company to be valued as cheaply as they are right now, and it rests squarely on management.
And your analogy on energy policy is pretty spot on. It's baffled my mind for years, and one of the key reasons I've almost completely written off Western European oil.
As an aside, there may come a day I pick your brain on TDW, if you're up for it. I've long been a critic of Transocean (RIG), but I'm seeing increased things that make me want to get into off shore drilling. I'm very, very long PBR, to enormous profit (thankfully), who's business runs on deep water drilling (and has numerous contracts with RIG specifically), but I'm very interested in exploring the infrastructure side as a whole.
“But stocks in good companies”
See that’s my problem, I only pick shit companies lol. If you look at my portfolio, I’ve only chosen 1 good company (KBR) and 1 ok company (PBR), everything else was a bust. Just this year I’m down 46.9% as of today.
The fact PBR isnt a beer ticker annoys me
Been getting my teeth kicked in on pbr and it makes zero fucking sense. May just go 💺
PBR $15.50 Call 05/13/2022 ⛽😎
Order an extra PBR for me bro
Looking for a little downside in oil here. I like $PBR on a drop to $11 range if it breaks $13 to the downside.
I might buy more PBR (PetroBras Oil). Its earnings are on Thursday and should be record earnings. I already collected thousands in dividends. It paid $1.21 a share last quarter.
is $PBR halted or did i take lsd? both is also an answer
what's going on PBR? it just got halted for news.
XOM, Shel (main LNG provider to Europe, guess who had been providing the bulk of that before feb 2022?), PBR, OXY and BP are my picks.
PBR gonna do the slingshot to Aths
That sweet west Texas. Brent still over 100. PBR
Totally depends on strategy.
I have boomer accounts dca'ing on the regular that's loving the dip all the way down. 20+ year horizon on those accounts.
Then the actively managed account in oil, particularly growth and dividend non-US like PBR. And some shipping, like ZIM. They're at all time highs in profitability.
And the option/high risk/gambling accts trying to play it both ways.
I see the May6 11.50//14.50 call spread mid-priced at 2.45 at the moment. That means paying $245 to earn $55 if the PBR stays above the 14.50 strike. You're risking 5 to make 1 or about 20%. The spread is only about net 50 deltas, so not a sure thing by any means.
The only lock-in would be to short some stock at the same time, which loses if PBR moves higher.
Basically what I'm asking if there's any way to lock in profits when my price for an ITM spread is less than the difference in strikes.
So if PBR today is trading at around 14.65, and I initiate a May 06 position for 14/14.5 with a net debit of .35, is there any way to lock in profits at that point or do I have to hold until expiry with the hope that it trades above 14.35 at that time?
PBR. For May 6, natural price for an 11.5/14.5 spread is 2.7. The price somewhat makes sense (breakeven of 14.2 at expiry, less if you take the mid). Just wondering if there's any strategy to lock in profits now or provide downside protection beyond the 11.5.
PBR went ex dividend last week. $1.217 per ADR.
I would say MRO is good but there are other companies that probably have more torque to the individual sides of the commodity trade.
Personally, PXD (div trade is massive and they are giving out 80% of FCF), OXY for growth because that this made buffett wet (div weak, buybacks, unhedged, larger, gas and oil, and debt reductions out the ass.), or classic XOM who is still undervalued significantly and as they ramp up further than everyone else we will see them crush earnings for a long time. (Prob need them to pay down some debt and their share repurchase program was rumored to be cut in half and finished by this year.)
If you want the big D then go with PBR. They pay out like 20% yield annualized. Thats fucking wild.
If the "trades excluding dividend date" is today, April 14, you are already getting the dividend.
So I have a CSP at $15 on PBR expiring today, the ex dividend date is for 4/14. If PBR ends the day below 15 and I get assigned am I going to get the stocks dividend or not?
Why is nobody talking about PBR?? Oil company with a high income and low market cap, currently has the second highest option volume on the market after SPY. 2.94 million total option volume, with only 30k of those being puts, the rest calls. Most contracts were bought for today, 1/20/23, and 1/19/24. Something huge is going to happen with PBR in the next couple of years
Wait so you can just buy PBR and get 30% annual Dividends? What’s the catch? Why doesn’t everyone do this
PBR dividend history suggests this size dividend is a short term thing. They typically pay 3-10 cents per share, not $1.21 this time.
Their dividend payouts are not consistent (3 out of 4 in 2019...2 out of 4 in 2020...3 out of 4 in 2021).
13 Billion outstanding shares.
I'll have to pass on this one.
Why? There was a retarded amount of PBR calls traded today even though they have a ridiculous div ex tomorrow.
I bought some PBR the other day. Drank it all, not the best investment.
What was up with the crazy volume on PBR calls?
The amount of unusual options activity on PBR so that hedgies can f over Brazilians is utterly insane.
PBR has an implied 30% yield today. ZIM 38%. SBLK 15%. VALE and RIO both around 13%. FLNG around 7.5%. All of these would generally be considered worryingly high yields, but oddly, all of these companies are ones I would consider to be in good financial health. Added the macro tailwinds in oil and mining, they should all remain strong for the foreseeable future.
PBR ex div apr 14 and the puts expire apr 14th. I want to sell puts today on the 13th. Is that a good idea?
We'll tell you 3-6%, depending on who you ask. But it's a fallacy. Focus on amazing companies, and the dividend will follow. I'm making ~50% annual yield on PBR, and their cash flow covers that easily. I know guys making >80% on ZIM, and again, easy cash flow. Buffet makes what 50% on KO? Awesome companies sometimes pay awesome dividends. I'd worry less about yield and more the actual business. High margins, high cash flow, high dividends. May or may not be a good thing at the end of the day, but I hate the thought that a company paying an 8% dividend is inherently risky. Generally yeah, but that doesn't mean you can't find diamonds. Just takes work, and nerves of steel.
My best performers in the Oil, Gas, and Consumable Fuels Industry. I own these for the dividends but they have had good price appreciation as well.
|Ticker|1 yr Total Return|Annual Dividend Yield| |:-|:-|:-| |NRT|349.8%|4.21%| |NRP|204.3%|4.25%| |DVN|197.5%|6.76%| |VOC|168.8%|9.41%| |MVO|148.7%|12.98%| |SJT|147.2%|10.26%| |EPM|142.1%|5,56%| |MRO|140.8%|1.09%| |PBR|130.5%|19.65%| |SBR|119.4%|7.62%| |CNQ|117.2%|3.77%| |DMLP|103.3%|7.53%| |PRT|88.8%|8.00%| |XOM|63.9%|4.52%|
What’s the ticker? PBR is my guess
Take a look at PBR. Trading at an insanely cheap valuation. Projected to make huge amounts of money with $55 oil. With $95 oil, it's a slam dunk.
Why is PBR so cheap? Political risk. People worry that the socialist-leaning candidate in Brazil will win this year and treat PBR like his personal slush fund which he did last time around.
But, say what you will, that's an uncorrelated risk and PBR will largely trade independently from the market while paying a gigantic 20% yield. I own about 20,000 shares.
All my boomer stocks are up today: XOM, CVX, PBR, CNQ, TECK, SAFM, HRB, MFC.
One more thing I've tried to cover my leap positions as well and that never really worked for me as leap tends to be so much move valuable you cannot let it be called.
What has worked for me is wheeling selected stocks AKA stuff that is in my portfolio anyway. I have basically a 50/50 value growth mix. I always open selling PUTs against falling stocks. As my portfolio is mixed it tends to be value stocks are going up when growth is going down and vice versa so I sell Puts against the red part. If I get called I just take the shares and sell calls usually also selling more puts to the other side of the portfolio which at this point is red. If you are interested my portfolio is below.
It's a large mix than traditionally recommended consisting of 78 stocks which I yearly generally replace 3-5 with new names. I generally try to keep position size about 20k per ticker except for things like GOOG and ASML due to stock price.
Be retarded like me and split it equally between ZIM, PBR, AMC, GLD, and GME
That's my retirement plan anyway
PBR has a large dividend coming up. This is causing the in the money calls to trade with no extrinsic value. So, if you are planning on buying the calls you mentioned, they most likely should be exercised. If you don't, you will be giving up money. You would need to understand this process of when/how you should exercise if you buy any in the money calls here.
Go to https://www.reddit.com/r/dividends/
SCHD is a good place to start.
I prefer individual dividend paying stocks. Some that I own - and are not the type recommended by the conservative folks at https://www.reddit.com/r/dividends/ - are
They combine good yield and good price appreciation. A 27 yo can afford to take a little more risk.
I switched back to oil. I believe there is still some room to run. Pbr. Has a 13% yield. I don’t see it dropping that much.
People only think of the United States when considering oil consumption. The reality is while oil consumption is going down in the United States, it is only going up in developing markets and will continue to rise as standards of living increase. It is likely 20 years from now there will only be a modest decrease in oil usage due to increased usage of oil by developing economies. How this affects United States oil companies is an open question. Personally, I have investments in CVX and PBR. Overseas oil companies overseas may be more poised to benefit from increased oil consumption.
$PBR keeps plowing. These young kids must be drinking this shit again. Money falling out of my pockets with this stock.
so this douche thinks we get blasted off handles of Clan MacGregor and roll around on our dirty linoleum trying to eat a whopper Hasselhoff style… fuck this clown I prefer PBR in a chilled snifter
>Since those early days I've learned a great deal and now I feel I've found my niche which is not new and is the same niche used by some of the greatest investors of all time. I'm a value player.
My current holdings in order of size:
PBR, SPOT, BHP, T, and HMC
Do you have any analysis that you would like to post, or just a blog post about your past?
I like PBR, what do you think of LPI? I think there's big upside.
No you’re right if you want to be spx delta 0 it’s going to be a huge pain. Rolling fees.
However there’s a difference between carrying a spx delta for 800 in your portfolio and spx 10-30.
The scenario in which your portfolio is prone to a 2-3 sigma event is if your portfolio is also 100% beta weighted to SPY.
Which is why an “actual a balanced portfolio” that outperforms is one that does so irrespective of SPY/QQQ.
Tech is overweighted in most indices and when the day that tech corrects, no amount of balance will effect it.
Good examples of markets that aren’t correlated are stuff like emerging markets, gold, silver, crude.
Majority of people construct what they believe is pseudo balanced.
They “believe balance means:” and this is just an example: msft, apple , nVda , AMD, googl.
And fact of matter is there’s rarely significant period in which those don’t move together.
Also owning SPY and owning apple is almost duplicate in that nature. It’s like balancing a breakfast of protein with eggs.
The more Uncorrelated the more balance. For instance: BRK-B(valueboomer) will have more correlational effects to Apple , than say PBR, or EWZ. Etc.
To tie it up. Yes it’s difficult to maintain neutrality after you enter a position, but doing so is better than not. IF the intention is to profit purely from decays (theta / gamma).
The majority of profits are from delta in most “thetagang covered call strategies” which is why any long term covered call strategies backtested don’t beat buy-hold, and the ones that do are selectively shorting vol at times of high IVR(which still only makes up small portion of the net profit) I am just personally of the opinion that you can’t put a single slice of lettuce on a burger and call it a salad.
Ergo : actual “theta/ Vega based strategies” are really just people using CC/CSP to maybe dampen sharpe ratio.
Monday's total option volume of 39.7 million contracts resulted in net open interest growth of 6.62 million calls and 5.05 million puts. Apple (AAPL), Ford (F), Advanced Micro (AMD) and Petrobras (PBR) saw the greatest growth. Top five new positions opened include 63k Petrobras (PBR) 4/8 weekly 14.5 calls, 43k AT&T (T) May-22 25 calls, 40k Petrobras (PBR) 4/8 weekly 14 calls, 27k Ford (F) 4/8 weekly 17 calls and 27k Cameco (CCJ) Apr-22 35 calls.
PBR Hard Coffee? 2 birds 1 stone.
Except PBR has little pricing power. They won't make that due to how Brazil would riot and they would become truly nationalized. I made good money and still hold some, but doubt it shoots to 15 again.
PBR (Petrobras) had a P/E of 3 when oil was at $75. With oil at $150, they'll make their entire market cap in profit in the next 12 months.
The only worry from an investment standpoint is that they make so much money the Brazilian government will get handsy.
Bull flag on 1 hour chart price target $14.5 tomorrow
Grabbed 4/18 13.5c yesterday afternoon after unusual options activity, closed most up 40% after open riding a few more
I’m sitting on a big gain YTD from investment in energy n Metals. RIG WTI BTU AA X CLF PBR , check the charts since Jan3rd. Definitely buy the dip sectors. 💰