In our latest PetroSymposium brief, we dissect the forward EV/EBITDA multiples for Aramco, Petrobras, and ExxonMobil.
Key insights:
– Petrobras trades at a discount—but carries high political risk.
– Aramco offers income + scale—but it’s not cheap.
– ExxonMobil balances resilience with steady upside.
📊 See the full chart and valuation rationale.
