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Brazilian (BOVESPA) Oil and Gas Industry Analysis

UpdatedDec 04, 2022
DataAggregated Company Financials
Companies10
  • 7D6.7%
  • 3M-17.8%
  • 1Y-9.4%
  • YTD-10.2%

In the last week, the Oil and Gas industry is up 6.7%, with Petro Rio leading the way, up 5.9%. During this same period, the Enauta Participações underperformed, falling 5.1%. In contrast, the industry has lost 9.4% in the last 12 months. In the next few years, earnings are forecast to decline by 13% annually.

Industry Valuation and Performance

Has the Brazilian Oil and Gas Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Dec 2022R$505.8bR$1.0tR$184.7b13x2.7x0.5x
Tue, 01 Nov 2022R$556.9bR$964.9bR$174.4b11x3.2x0.6x
Thu, 29 Sep 2022R$537.8bR$964.9bR$174.4b8.8x3.1x0.6x
Sat, 27 Aug 2022R$613.8bR$968.5bR$174.0b8x3.5x0.6x
Mon, 25 Jul 2022R$528.8bR$859.7bR$163.8b6.6x3.2x0.6x
Wed, 22 Jun 2022R$500.3bR$859.7bR$163.8b5.7x3.1x0.6x
Fri, 20 May 2022R$597.8bR$851.5bR$163.8b6.1x3.6x0.7x
Sun, 17 Apr 2022R$609.9bR$762.0bR$119.6b14.6x5.1x0.8x
Tue, 15 Mar 2022R$589.5bR$679.4bR$113.7b11x5.2x0.9x
Thu, 10 Feb 2022R$601.0bR$614.7bR$145.6b12.5x4.1x1x
Sat, 08 Jan 2022R$523.3bR$614.7bR$145.6b10.6x3.6x0.9x
Mon, 06 Dec 2021R$536.6bR$614.7bR$145.6b11.4x3.7x0.9x
Wed, 03 Nov 2021R$524.2bR$573.2bR$141.7b19.1x3.7x0.9x
Fri, 01 Oct 2021R$466.4bR$529.4bR$109.0b18.7x4.3x0.9x
Sun, 29 Aug 2021R$472.4bR$527.5bR$108.9b16.8x4.3x0.9x
Mon, 05 Jul 2021R$487.1bR$419.6bR$106.7b21.6x4.6x1.2x
Thu, 08 Apr 2021R$403.8bR$350.0bR$59.4b26.7x6.8x1.2x
Sun, 10 Jan 2021R$444.9bR$339.9bR$9.2b28.9x48.5x1.3x
Sat, 03 Oct 2020R$311.7bR$346.0b-R$43,075,409,000.0020.2x-7.2x0.9x
Tue, 07 Jul 2020R$342.0bR$354.0b-R$41,230,062,000.0016.4x-8.3x1x
Fri, 10 Apr 2020R$222.9bR$376.3b-R$18,671,663,000.0020.6x-11.9x0.6x
Thu, 02 Jan 2020R$470.5bR$369.4bR$33.8b13.6x13.9x1.3x
Price to Earnings Ratio

13.9x


Total Market Cap: R$470.5bTotal Earnings: R$33.8bTotal Revenue: R$369.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Oil and Gas Industry Price to Earnings3Y Average 4.7x20212022
Current Industry PE
  • Investors are pessimistic on the Brazilian Oil and Gas industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 2.7x which is lower than its 3-year average PE of 4.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.92x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 76% per year over the last three years.
  • Revenues for these companies have grown 41% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Brazilian Energy industry?

BR Market1.96%
Energy6.75%
Oil and Gas6.74%
Integrated Oil and Gas8.59%
Oil and Gas Storage and Transportation6.14%
Oil and Gas Exploration and Production4.39%
Coal and Fuels0%
Oil and Gas Refining and Marketing-0.033%
Industry PE
  • Investors are most optimistic about the Oil and Gas Refining and Marketing industry which is trading above its 3-year average PE ratio of 20.0x.
    • Analysts are expecting annual earnings growth of 22.4%, which is higher than its past year's earnings decline of 58.9% per year.
  • Investors are most pessimistic about the Integrated Oil and Gas industry, which is trading below its 3-year average of 5.1x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 39% over the next 5 years.
  • However this is lower than its past earnings growth rate of 187% per year.
  • In contrast, the Integrated Oil and Gas industry is expected to see its earnings decline by 29% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PRIO3 Petro RioR$36.695.9%
+R$1.7b
73.0%PE9.2x
CSAN3 CosanR$17.614.9%
+R$1.5b
-21.3%PE22.5x
UGPA3 Ultrapar ParticipaçõesR$14.016.1%
+R$882.1m
-5.0%PE15.3x
RECV3 PetroreconcavoR$29.754.2%
+R$350.9m
112.8%PE10.6x
RRRP3 3R Petroleum Óleo e GásR$36.593.4%
+R$241.1m
17.2%PE34.1x
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Latest News

ENAT3

R$12.96

Enauta Participações

7D

-5.1%

1Y

-4.0%

RECV3

R$29.75

Petroreconcavo

7D

4.2%

1Y

112.8%

DMMO3

R$1.88

Dommo Energia

7D

3.3%

1Y

224.1%

RPMG3

R$1.70

Refinaria de Petróleos de Manguinhos

7D

-4.0%

1Y

-40.6%

UGPA3

R$14.01

Ultrapar Participações

7D

6.1%

1Y

-5.0%

CSAN3

R$17.61

Cosan

7D

4.9%

1Y

-21.3%