PBR vs PED

Petroleo Brasileiro S.A. Petrobras

Petróleo Brasileiro S.A. - Petrobras produce and sells oil and gas in Brazil and internationally. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. The company operates through Exploration and Production; Refining, Transportation and Marketing; Gas and Power; and Corporate and Other Businesses segments. The Exploration and Production segment explores for, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the its domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, marketing, and trading of crude oil and oil products; exportation of ethanol; and extraction and processing of shale, as well as holding interests in petrochemical companies. The Gas and Power segment engages in the logistic and trading of natural gas and electricity; generation of electricity through thermoelectric power plants; holding interests in transportation and distribution of natural gas; and fertilizer production business. The Corporate and Other Businesses segment produces biodiesel and its co-products, and ethanol; and distributes oil products. Petróleo Brasileiro S.A. - Petrobras was founded in 1953 and is headquartered in Rio de Janeiro, Brazil.

Pedevco Corp.

PEDEVCO Corp., an oil and gas company, engages in the acquisition, development, and production of oil and natural gas assets in the United States. As of December 31, 2020, the company held approximately 37,068 net acres in the Permian Basin Asset located in Chaves and Roosevelt Counties, New Mexico; and approximately 11,948 net D-J Basin acres in D-J Basin Asset situated in Weld and Morgan Counties, Colorado. It had interests in 302 net wells in Permian Basin Asset; and 22.0 net wells in D-J Basin Asset. The company was formerly known as Blast Energy Services, Inc. and changed its name to PEDEVCO Corp. in July 2012. PEDEVCO Corp. is headquartered in Houston, Texas. PEDEVCO Corp. is a subsidiary of SK Energy LLC.