Petroreconcavo S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was BRL 776.61 million compared to BRL 285.36 million a year ago. Net income was BRL 408.64 million compared to BRL 72.3 million a year ago.

For the full year, the company reported sales was BRL 2,975.94 million compared to BRL 1,040.6 million a year ago. Net income was BRL 1,153.39 million compared to BRL 176.9 million a year ago.