Company Petroreconcavo S.A.

Equities

RECV3

BRRECVACNOR3

Oil & Gas Exploration and Production

Delayed Sao Paulo 12:12:15 2024-04-29 EDT 5-day change 1st Jan Change
21.94 BRL +7.05% Intraday chart for Petroreconcavo S.A. +6.62% +0.87%

Business Summary

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.

Number of employees: 1,215

Sales per Business

BRL in Million2022Weight2023Weight Delta
Oil
82.8 %
2,659 89.3 % 2,330 82.8 % -12.36%
Gas and By-products
44.5 %
1,548 52.0 % 1,253 44.5 % -19.09%
Deductions
-17.8 %
-789 -26.5 % -500 -17.8 % -36.62%
Hedge Agrement
-9.5 %
-442 -14.8 % -268 -9.5 % -39.27%

Sales per region

BRL in Million2022Weight2023Weight Delta
Brazil
100.0 %
2,976 100.0 % 2,814 100.0 % -5.43%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 -
Director of Finance/CFO 48 03-09-30
Chief Operating Officer 60 98-12-31
Human Resources Officer 48 -
General Counsel 36 10-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 07-12-31
Director/Board Member 67 -
Director/Board Member 67 -
Director/Board Member 50 -
Chairman 64 21-02-22
Director/Board Member 43 15-12-31
Chief Operating Officer 60 98-12-31
Director/Board Member 77 18-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 293,338,126 206,172,876 ( 70.29 %) 225,996 ( 0.0770 %) 70.29 %

Shareholders

NameEquities%Valuation
Opportunity Private Equity Gestora de Recursos Ltda.
21.79 %
63,930,089 21.79 % 301 M R$
PetroSantander, Inc.
19.61 %
57,536,716 19.61 % 271 M R$
16,527,177 5.634 % 78 M R$
Perbras - Empresa Brasileira De Perfurações Ltda.
4.269 %
12,523,304 4.269 % 59 M R$
Absolute Gestão de Investimentos Ltda.
1.176 %
3,451,062 1.176 % 16 M R$
Navi Capital Adm E Gestora De Recursos Financeiros Ltda.
1.027 %
3,011,463 1.027 % 14 M R$
Oceana Investimentos ACVM Ltda.
0.9243 %
2,711,194 0.9243 % 13 M R$
Bram Bradesco Asset Management S/A DTVM
0.8844 %
2,594,145 0.8844 % 12 M R$
Set Investimentos Gestão de Ativos Ltda.
0.8168 %
2,395,900 0.8168 % 11 M R$
BTG Pactual Asset Management S/A DTVM
0.6565 %
1,925,632 0.6565 % 9 M R$

Holdings

NameEquities%Valuation
295,091 0.10% 1,388,338 $

Company contact information

Petrorecôncavo SA

Estrada do Vinte Mil, Km 3,5 Estacao de Sao Roque

48280-000, Mata de Sao Joao

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http://www.petroreconcavo.com.br
address Petroreconcavo S.A.(RECV3)
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