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Brazilian (BOVESPA) Oil and Gas Exploration and Production Industry Analysis

UpdatedAug 04, 2026
DataAggregated Company Financials
Companies4
  • 7D1.7%
  • 3M-9.7%
  • 1Y28.6%
  • YTDn/a

In the last week, the Oil and Gas Exploration and Production industry is up 1.7%, with Prio up 3.0%. This means that the industry has gained 29% over the past year. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 04 Aug 2026R$59.6bR$32.5bR$3.3b18.2x17.8x1.8x
Thu, 02 Jul 2026R$53.8bR$32.5bR$3.3b16.3x16.1x1.7x
Sat, 30 May 2026R$63.1bR$32.5bR$3.3b19.4x18.8x1.9x
Mon, 27 Apr 2026R$63.8bR$30.4bR$4.3b6.3x14.9x2.1x
Wed, 25 Mar 2026R$67.2bR$30.4bR$4.3b6x15.6x2.2x
Fri, 20 Feb 2026R$54.1bR$28.6bR$11.6b5.4x4.6x1.9x
Sun, 18 Jan 2026R$45.8bR$28.6bR$11.6b4.9x3.9x1.6x
Tue, 16 Dec 2025R$41.5bR$28.6bR$11.6b5.1x3.6x1.4x
Thu, 13 Nov 2025R$43.2bR$28.6bR$11.6b5.4x3.7x1.5x
Sat, 11 Oct 2025R$40.1bR$27.9bR$12.8b4.6x3.1x1.4x
Mon, 08 Sep 2025R$42.1bR$27.9bR$12.8b5.4x3.3x1.5x
Wed, 06 Aug 2025R$46.6bR$28.6bR$12.0b7x3.9x1.6x
Fri, 04 Jul 2025R$47.5bR$28.6bR$12.0b7.8x3.9x1.7x
Sun, 01 Jun 2025R$45.0bR$28.6bR$12.0b7.6x3.7x1.6x
Tue, 29 Apr 2025R$40.1bR$26.4bR$9.8b5.7x4.1x1.5x
Thu, 27 Mar 2025R$49.3bR$26.4bR$9.8b7.3x5x1.9x
Sat, 22 Feb 2025R$45.4bR$26.1bR$6.0b8x7.6x1.7x
Mon, 20 Jan 2025R$52.5bR$26.1bR$6.0b8.3x8.7x2x
Wed, 18 Dec 2024R$48.8bR$26.1bR$6.0b8.1x8.1x1.9x
Fri, 15 Nov 2024R$45.0bR$26.3bR$5.2b7.5x8.6x1.7x
Sun, 13 Oct 2024R$50.4bR$26.6bR$5.9b7.9x8.5x1.9x
Tue, 10 Sep 2024R$50.8bR$26.6bR$5.9b7.9x8.6x1.9x
Thu, 08 Aug 2024R$56.2bR$24.0bR$5.4b8.4x10.4x2.3x
Sat, 06 Jul 2024R$58.1bR$24.0bR$5.9b26.8x9.9x2.4x
Mon, 03 Jun 2024R$53.5bR$24.0bR$6.0b25.9x9x2.2x
Wed, 01 May 2024R$61.8bR$21.7bR$6.2b9x9.9x2.8x
Fri, 29 Mar 2024R$63.5bR$21.7bR$6.2b9.7x10.2x2.9x
Sun, 25 Feb 2024R$58.5bR$18.6bR$5.5b8.5x10.6x3.1x
Tue, 23 Jan 2024R$56.9bR$19.0bR$5.5b8.1x10.3x3x
Thu, 21 Dec 2023R$56.9bR$19.0bR$5.5b8.4x10.3x3x
Sat, 18 Nov 2023R$56.2bR$19.0bR$5.8b8.5x9.7x3x
Mon, 16 Oct 2023R$61.6bR$15.4bR$5.6b12.2x11.1x4x
Wed, 13 Sep 2023R$59.3bR$15.4bR$5.6b11.6x10.7x3.8x
Fri, 11 Aug 2023R$59.5bR$15.5bR$5.5b10.3x10.8x3.9x
Price to Earnings Ratio

10.8x


Total Market Cap: R$59.5bTotal Earnings: R$5.5bTotal Revenue: R$15.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 8.6x202420252026
Current Industry PE
  • Investors are optimistic on the Brazilian Oil and Gas Exploration and Production industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 17.8x which is higher than its 3-year average PE of 8.6x.
  • The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have declined 15% per year over the last three years.
  • Meanwhile revenues for these companies have grown 28% 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 Comparison

How does Brazilian Oil and Gas Exploration and Production compare with similar industries?

BR Market0.86%
Energy4.21%
Oil and Gas4.21%
Oil and Gas Exploration and Production1.70%
Integrated Oil and Gas4.46%
Oil and Gas Refining and Marketing1.74%
Oil and Gas Storage and Transportation0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
PRIO3 PrioR$58.503.0%
+R$1.4b		44.0%PE18.2x
RECV3 PetroreconcavoR$10.331.3%
+R$38.1m		-22.3%PE5.7x
AZTE3 Azevedo & Travassos EnergiaR$1.8651.2%
+R$21.4m		-64.9%PS17.8x

Latest News

RECV3
R$10.33
Petroreconcavo
7D
1.3%
1Y
-22.3%
Narrative Update • Jul 31

RECV3: Future Returns Will Likely Benefit From Higher P/E Expectations

Analysts have revised Petroreconcavo's price target lower from R$14.11 to R$12.81, citing updated assumptions for revenue growth, profit margin, and a slightly higher expected future P/E multiple. What’s in the News for Petroreconcavo No recent Petroreconcavo specific news items or periodical coverage were identified in the provided sources as of 29 Jul 2026.
BRAV3
R$19.86
Brava Energia
7D
-4.7%
1Y
-2.1%
PRIO3
R$58.50
Prio
7D
3.0%
1Y
44.0%
Narrative Update • Jul 24

PRIO3: Future Upside Tied To Consistent Margins Despite Index Removal

Analysts have trimmed Prio's fair value estimate to R$80.00 from R$82.00, reflecting updated assumptions for slightly higher revenue growth, stronger profit margins, and a lower future P/E multiple in their price target work. Analyst Commentary Recent Street commentary on insurers provides some context for how bullish analysts are thinking about valuation, execution, and growth.
AZTE3
R$1.86
Azevedo & Travassos Energia
7D
51.2%
1Y
-64.9%