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

UpdatedJun 20, 2026
DataAggregated Company Financials
Companies4
  • 7D-7.2%
  • 3M-12.7%
  • 1Y17.5%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 7.1%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 17%. Looking forward, earnings are forecast to grow by 28% 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
Sat, 20 Jun 2026R$58.1bR$32.5bR$3.3b17.8x17.3x1.8x
Mon, 18 May 2026R$67.9bR$32.5bR$3.3b21.5x20.3x2.1x
Wed, 15 Apr 2026R$66.9bR$30.4bR$4.3b7x15.6x2.2x
Fri, 13 Mar 2026R$60.7bR$29.9bR$3.8b8.8x15.8x2x
Sun, 08 Feb 2026R$51.2bR$28.6bR$11.6b5.1x4.4x1.8x
Tue, 06 Jan 2026R$43.5bR$28.6bR$11.6b5.2x3.7x1.5x
Thu, 04 Dec 2025R$40.1bR$28.6bR$11.6b5x3.4x1.4x
Sat, 01 Nov 2025R$39.5bR$27.9bR$12.8b4.4x3.1x1.4x
Mon, 29 Sep 2025R$44.3bR$27.9bR$12.8b5.4x3.5x1.6x
Wed, 27 Aug 2025R$43.7bR$27.9bR$12.8b5.7x3.4x1.6x
Fri, 25 Jul 2025R$47.4bR$28.6bR$12.0b7.1x3.9x1.7x
Sun, 22 Jun 2025R$49.7bR$28.6bR$12.0b8.3x4.1x1.7x
Tue, 20 May 2025R$45.2bR$28.6bR$12.0b7.5x3.8x1.6x
Thu, 17 Apr 2025R$40.1bR$26.4bR$9.8b6x4.1x1.5x
Sat, 15 Mar 2025R$46.2bR$26.1bR$11.4b8.1x4.1x1.8x
Mon, 10 Feb 2025R$47.4bR$26.1bR$6.0b7.6x7.9x1.8x
Wed, 08 Jan 2025R$49.7bR$26.1bR$6.0b8.1x8.3x1.9x
Fri, 06 Dec 2024R$47.6bR$26.1bR$6.0b8x7.9x1.8x
Sun, 03 Nov 2024R$45.8bR$26.6bR$5.9b7.1x7.7x1.7x
Tue, 01 Oct 2024R$49.6bR$26.6bR$5.9b7.7x8.4x1.9x
Thu, 29 Aug 2024R$58.9bR$26.6bR$5.9b8.8x9.9x2.2x
Sat, 27 Jul 2024R$57.6bR$24.0bR$5.9b24.7x9.8x2.4x
Mon, 24 Jun 2024R$51.5bR$24.0bR$5.9b23.9x8.8x2.1x
Wed, 22 May 2024R$58.1bR$24.0bR$6.0b27.4x9.7x2.4x
Fri, 19 Apr 2024R$62.1bR$21.7bR$6.2b8.4x9.9x2.9x
Sun, 17 Mar 2024R$61.2bR$21.7bR$6.2b9.4x9.8x2.8x
Tue, 13 Feb 2024R$53.7bR$18.6bR$5.5b7.8x9.7x2.9x
Thu, 11 Jan 2024R$57.5bR$19.0bR$5.5b8.1x10.4x3x
Sat, 09 Dec 2023R$52.7bR$19.0bR$5.5b8.2x9.5x2.8x
Mon, 06 Nov 2023R$60.2bR$17.2bR$6.4b10.8x9.4x3.5x
Wed, 04 Oct 2023R$56.9bR$15.4bR$5.6b11.2x10.2x3.7x
Fri, 01 Sep 2023R$58.0bR$15.4bR$5.6b10.9x10.4x3.8x
Sun, 30 Jul 2023R$58.1bR$14.9bR$5.5b9x10.5x3.9x
Tue, 27 Jun 2023R$48.2bR$14.9bR$5.5b7.6x8.7x3.2x
Price to Earnings Ratio

8.7x


Total Market Cap: R$48.2bTotal Earnings: R$5.5bTotal Revenue: R$14.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 8.3x202420252026
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 18.7x which is higher than its 3-year average PE of 8.2x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.9x.
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 30% 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 Market-1.73%
Energy-5.92%
Oil and Gas-5.92%
Oil and Gas Exploration and Production-7.21%
Oil and Gas Storage and Transportation0%0
Integrated Oil and Gas-5.78%
Oil and Gas Refining and Marketing-5.80%
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
No data available

Latest News

RECV3
R$10.18
Petroreconcavo
7D
-6.9%
1Y
-35.5%
Narrative Update • Jun 16

RECV3: Earnings Quality And Lower P/E Will Support Future Upside

Analysts have adjusted their price target for Petroreconcavo from R$17.00 to R$16.50, reflecting updated views on revenue growth assumptions, slightly lower profit margin expectations, and a modestly reduced future P/E multiple. What's in the News Analysts revised Petroreconcavo's price target to R$16.50 from R$17.00, reflecting updated assumptions on revenue, margins, and future P/E multiple.
PRIO3
R$57.20
Prio
7D
-6.7%
1Y
31.3%
Narrative Update • Jun 06

PRIO3: Steady Profitability And Higher P/E Multiple Will Drive Future Upside

Narrative Update on Prio The updated analyst price target for Prio remains aligned with a fair value of R$82.00, with analysts pointing to generally solid sector results, sustained earnings momentum, expectations for steady profitability, and a slightly higher forward P/E multiple as key supports for the valuation. Analyst Commentary Bullish analysts broadly frame the updated R$82.00 fair value for Prio as supported by sector level trends and company specific execution, rather than a one off event.
BRAV3
R$18.99
Brava Energia
7D
-9.7%
1Y
-6.5%
Narrative Update • Jun 04

BRAV3: Mixed Ratings And Ecopetrol Deal Will Shape Future Cash Flow Profile

Brava Energia's analyst price target has been adjusted from R$22.25 to R$22.80 as analysts balance mixed recent ratings with updated assumptions on growth, margins and future P/E for the stock. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the updated target price reflects confidence that Brava Energia can sustain its current margin framework, which they see as supportive of the stock's P/E assumptions.
AZTE3
R$0.18
Azevedo & Travassos Energia
7D
-10.0%
1Y
-65.4%