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Brazilian (BOVESPA) Oil and Gas Industry Analysis

UpdatedDec 14, 2024
DataAggregated Company Financials
Companies7
  • 7D-2.2%
  • 3M0.2%
  • 1Y0.06%
  • YTD-5.4%

Over the last 7 days, the Oil and Gas industry has dropped 2.2%, driven by declines in Cosan and Ultrapar Participações of 5.2% and 4.6%, respectively. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Dec 2024R$601.1bR$708.9bR$94.4b7.3x6.4x0.8x
Mon, 11 Nov 2024R$577.3bR$704.2bR$94.3b7.9x6.1x0.8x
Wed, 09 Oct 2024R$608.3bR$699.8bR$89.1b8.1x6.8x0.9x
Fri, 06 Sep 2024R$627.5bR$699.8bR$89.1b9x7x0.9x
Sun, 04 Aug 2024R$583.0bR$685.3bR$118.9b9.4x4.9x0.9x
Tue, 02 Jul 2024R$620.6bR$685.3bR$119.4b9.1x5.2x0.9x
Thu, 30 May 2024R$606.6bR$685.2bR$119.7b9.9x5.1x0.9x
Sat, 27 Apr 2024R$706.9bR$925.9bR$137.5b9.3x5.1x0.8x
Mon, 25 Mar 2024R$629.0bR$927.1bR$136.0b9x4.6x0.7x
Wed, 21 Feb 2024R$728.1bR$950.8bR$147.3b9.2x4.9x0.8x
Fri, 19 Jan 2024R$658.9bR$953.1bR$146.7b9.7x4.5x0.7x
Sun, 17 Dec 2023R$632.9bR$953.1bR$146.7b9.9x4.3x0.7x
Tue, 14 Nov 2023R$640.4bR$973.7bR$146.3b10x4.4x0.7x
Thu, 12 Oct 2023R$629.9bR$1.0tR$164.8b13.1x3.8x0.6x
Sat, 09 Sep 2023R$610.2bR$1.0tR$164.8b12.1x3.7x0.6x
Mon, 07 Aug 2023R$572.6bR$1.0tR$164.8b10.7x3.5x0.6x
Wed, 05 Jul 2023R$569.0bR$1.1tR$190.4b9.2x3x0.5x
Fri, 02 Jun 2023R$492.2bR$1.1tR$190.4b8.2x2.6x0.5x
Sun, 30 Apr 2023R$453.7bR$1.1tR$195.6b9.5x2.3x0.4x
Tue, 28 Mar 2023R$434.1bR$1.1tR$195.3b8.8x2.2x0.4x
Thu, 23 Feb 2023R$488.1bR$1.0tR$183.9b10.1x2.7x0.5x
Sat, 21 Jan 2023R$508.1bR$1.0tR$184.7b12.9x2.8x0.5x
Mon, 19 Dec 2022R$434.3bR$1.0tR$184.7b11.5x2.4x0.4x
Wed, 16 Nov 2022R$536.8bR$1.0tR$184.4b15.2x2.9x0.5x
Fri, 14 Oct 2022R$608.4bR$964.9bR$174.4b10x3.5x0.6x
Sun, 11 Sep 2022R$582.0bR$964.9bR$174.4b8.8x3.3x0.6x
Tue, 09 Aug 2022R$642.7bR$931.3bR$175.8b7x3.7x0.7x
Thu, 07 Jul 2022R$492.9bR$859.7bR$163.8b5.4x3x0.6x
Sat, 04 Jun 2022R$571.8bR$859.7bR$163.8b7x3.5x0.7x
Mon, 02 May 2022R$588.0bR$762.0bR$119.6b16.2x4.9x0.8x
Wed, 30 Mar 2022R$616.9bR$761.9bR$119.6b11.6x5.2x0.8x
Fri, 25 Feb 2022R$604.4bR$648.9bR$147.6b11x4.1x0.9x
Sun, 23 Jan 2022R$592.3bR$614.7bR$145.6b12.2x4.1x1x
Tue, 21 Dec 2021R$528.1bR$614.7bR$145.6b10.5x3.6x0.9x
Price to Earnings Ratio

3.6x


Total Market Cap: R$528.1bTotal Earnings: R$145.6bTotal Revenue: R$614.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Oil and Gas Industry Price to Earnings3Y Average 4.1x202220232024
Current Industry PE
  • Investors are optimistic on the Brazilian Oil and Gas industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 6.4x which is higher than its 3-year average PE of 4.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have declined 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

BR Market-1.38%
Energy-2.19%
Oil and Gas-2.19%
Oil and Gas Exploration and Production2.10%
Coal and Fuels0%
Integrated Oil and Gas-2.38%
Oil and Gas Storage and Transportation-4.58%
Oil and Gas Refining and Marketing-5.19%
Industry PE
  • Investors are most optimistic about the Oil and Gas Refining and Marketing industry even though it's trading below its 3-year average PE ratio of 41.0x.
    • Analysts are expecting annual earnings growth of 34.2% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Integrated Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 3.4x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Exploration and Production industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
PRIO3 PrioR$41.504.5%
+R$1.5b
-10.3%PE7.1x
RECV3 PetroreconcavoR$16.061.1%
+R$52.8m
-20.8%PE8x
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