Petrobras Union Rejects New Proposal Amid Ongoing Strike

Petrobras union rejects new proposal amid ongoing strike, with no resolution in sight. The company's production levels remain unaffected despite the strike. Petrobras operates as a major player in the energy sector, with a significant focus on oil and gas exploration and production. The company's stock is traded on the NYSE under the ticker symbol PBR, with a market capitalization of approximately $73.06 billion. Petrobras has demonstrated a mixed financial performance in recent years, with a 3-year revenue growth rate of 5.9% and a 3-year earnings growth decline of 7.8%. The company's operating margin is 27.48% and net margin is 15.49%.