Submitted by Wide-Comparison4318 t3_yf3hsv in wallstreetbets
frcdfed2004 t1_iu1pkm6 wrote
Reply to comment by Wide-Comparison4318 in JP Morganโs take on $PBR ๐๐๐ฝ by Wide-Comparison4318
Yeah they paid down like 12 billion in 21, im sure there will be another chunk paid off this year. Exports are down though as they have competition for fuel oil with private equity buying a refinery in the north. Again, as long as oil and gas holds at current levels they should be golden for a bit.
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