Petroreconcavo S.A.

Equities

RECV3

BRRECVACNOR3

Oil & Gas Exploration and Production

Delayed Sao Paulo Other stock markets 10:36:06 2024-04-30 am EDT			5-day change	1st Jan Change
21.87 ^BRL	+6.71%		+3.98%	+0.97%

Apr. 25	Eneva, Petroreconcavo Refute Tie-Up Talks	CI
Apr. 25	Brazil's Eneva, PetroReconcavo say they are not discussing merger	RE

Petroreconcavo S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023

May 11, 2023

Petroreconcavo S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 719.21 million compared to BRL 703.48 million a year ago. Net income was BRL 199.51 million compared to BRL 401.84 million a year ago.

Latest news about Petroreconcavo S.A.

Eneva, Petroreconcavo Refute Tie-Up Talks	Apr. 25	CI
Brazil's Eneva, PetroReconcavo say they are not discussing merger	Apr. 24	RE
ENAUTA CEO DOES NOT RULE OUT POTENTIAL FUTURE DEALS FOR SYNERGIE…	Apr. 10	RE
Seacrest Petroleo Bermuda Limited and PetroReconcavo Enter into Drilling Rig Services Partnership	Apr. 08	CI
Brazil's 3R gets tie-up bid from Enauta, halts talks with PetroReconcavo	Apr. 02	RE
Brazil's 3R gets tie-up bid from Enauta, halts talks with PetroReconcavo	Apr. 02	RE
Petroreconcavo S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Mar. 06	CI
Petroreconcavo S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 04	CI
Maha Energy proposes carve-out of Brazil's 3R Petroleum onshore assets	Jan. 17	RE
Brazil not expected to take part in OPEC+ output quotas, sources say	Nov. 30	RE
Brazil confirms OPEC+ invite, minister says eager to join	Nov. 30	RE
Petroreconcavo S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 08	CI
Petrobras Preferred Shares Rise 2.3% on Higher Oil Prices	23-10-09	DJ
Petroreconcavo S.A.(BOVESPA:RECV3) dropped from FTSE All-World Index	23-09-18	CI
Petrorecôncavo Shares Fall 3.9% After Petrobras Cancels Asset Sales	23-09-05	DJ
Petroreconcavo S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-09	CI
Brazil's Eneva interested in partnership with Petrobras on Bahia Terra cluster	23-08-01	RE
Hold-Brazil's Petrobras to no longer sell Bahia-Terra cluster, CEO says	23-07-19	RE
Petroreconcavo S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-11	CI
Petroreconcavo S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-11	CI
Petroreconcavo S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022	23-03-21	CI
Petroreconcavo S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-03-21	CI
Petroreconcavo S.A. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-21	CI
Petroreconcavo S.A.(BOVESPA:RECV3) added to FTSE All-World Index	23-03-20	CI
Petroreconcavo S.A. completed the acquisition of Maha Energy Brasil Ltda. from Maha Energy Finance S.A.R.L and Maha Energy I AB.	23-02-27	CI

Chart Petroreconcavo S.A.

Duration

Period

More charts

Company Profile

PetroReconcavo SA is a Brazil-based independent oil and gas operator. The Company specializes in the operation, development and revitalization of mature fields in onshore oil and gas basins. The Company has 155.9 MMboe of 2P (working interest) gross reserves. The Company is advancing in the creation of conditions for access to essential infrastructure for the flow and processing of natural gas by contracting services in the tolling modality, which allows it to directly access the national gas market. The Company's business model is based on purchasing (or providing operating services) concessions for mature onshore fields, operating these fields, revitalizing them and extending their reserves.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-07 - Q1 2024 Earnings Release

Related indices

BRAZIL IBOVESPA

More about the company

Income Statement Evolution

More financial data

Ratings for Petroreconcavo S.A.

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

22.39 BRL

Average target price

31.44 BRL

Spread / Average Target

+40.41%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Oil Exploration & Production - Onshore

	1st Jan change	Capi.
PETRORECONCAVO S.A.	+0.97%	1.28B
CIVITAS RESOURCES, INC.	+7.22%	7.47B
SNGN ROMGAZ SA	+4.79%	4.36B
TOPAZ ENERGY CORP.	+18.11%	2.45B
ATHABASCA OIL CORPORATION	+17.15%	2.04B
MATEN PETROLEUM	-.--%	1.12B
BERRY CORPORATION	+23.12%	676M
SURGE ENERGY INC.	+18.52%	581M
CITIC RESOURCES HOLDINGS LIMITED	+51.43%	502M
GREENFIRE RESOURCES LTD.	+18.31%	411M

Oil Exploration & Production - Onshore