Energy Companies In BRIC Countries - A Financial Analysis

The goal of this publication is to demonstrate the financial condition and stability of several chosen oil companies in the BRIC group of countries (Brazil, Russia, India and China). The BRIC countries are experiencing economic setbacks and it might be the time to buy equities in their companies. In recent years these countries were noted because of their rapid economic growth. Between 2000 and 2008, they averaged annual GDP growth expansion of 8%, almost 6% below the average for the G7 countries. Now, slower economic growth is causing their stock markets to tumble, presenting an opportunity for investors to buy what others are fleeing.