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

UpdatedMay 02, 2026
DataAggregated Company Financials
Companies4
  • 7D4.7%
  • 3M24.5%
  • 1Y58.7%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has risen 3.6%, driven by gains from Prio of 5.9%. In the same time, Brava Energia was down 5.2%. This takes the industry's 12 month performance to a gain of 69%. Earnings are forecast to grow by 31% 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, 02 May 2026R$66.8bR$30.4bR$4.3b6.3x15.6x2.2x
Mon, 30 Mar 2026R$70.8bR$30.4bR$4.3b6.4x16.5x2.3x
Wed, 25 Feb 2026R$54.1bR$28.6bR$11.6b5.7x4.7x1.9x
Fri, 23 Jan 2026R$48.5bR$28.6bR$11.6b5.1x4.2x1.7x
Sun, 21 Dec 2025R$41.4bR$28.6bR$11.6b5.1x3.6x1.4x
Tue, 18 Nov 2025R$42.4bR$28.6bR$11.6b5.2x3.6x1.5x
Thu, 16 Oct 2025R$38.9bR$27.9bR$12.8b4.5x3x1.4x
Sat, 13 Sep 2025R$43.3bR$27.9bR$12.8b5.4x3.4x1.6x
Mon, 11 Aug 2025R$45.5bR$27.3bR$11.3b7x4x1.7x
Wed, 09 Jul 2025R$48.1bR$28.6bR$12.0b7.8x4x1.7x
Fri, 06 Jun 2025R$46.9bR$28.6bR$12.0b7.6x3.9x1.6x
Sun, 04 May 2025R$42.3bR$26.4bR$9.8b5.9x4.3x1.6x
Tue, 01 Apr 2025R$48.5bR$26.4bR$9.8b7.1x4.9x1.8x
Thu, 27 Feb 2025R$44.2bR$26.1bR$6.0b7.7x7.4x1.7x
Sat, 25 Jan 2025R$50.0bR$26.1bR$6.0b7.8x8.3x1.9x
Mon, 23 Dec 2024R$47.9bR$26.1bR$6.0b7.9x8x1.8x
Wed, 20 Nov 2024R$46.8bR$26.1bR$6.0b8.4x7.8x1.8x
Fri, 18 Oct 2024R$48.9bR$26.6bR$5.9b7.6x8.2x1.8x
Sun, 15 Sep 2024R$52.0bR$26.6bR$5.9b8x8.8x2x
Tue, 13 Aug 2024R$60.9bR$26.6bR$5.9b9.1x10.3x2.3x
Thu, 11 Jul 2024R$56.8bR$24.0bR$5.9b26.2x9.7x2.4x
Sat, 08 Jun 2024R$51.3bR$24.0bR$5.9b24.6x8.7x2.1x
Mon, 06 May 2024R$60.9bR$21.7bR$6.2b8.9x9.8x2.8x
Wed, 03 Apr 2024R$62.1bR$21.7bR$6.2b8.7x9.9x2.9x
Fri, 01 Mar 2024R$57.8bR$18.6bR$5.5b8.1x10.5x3.1x
Sun, 28 Jan 2024R$58.2bR$19.0bR$5.5b8.4x10.6x3.1x
Tue, 26 Dec 2023R$56.4bR$19.0bR$5.5b8.3x10.2x3x
Thu, 23 Nov 2023R$58.7bR$19.0bR$5.8b8.7x10.1x3.1x
Sat, 21 Oct 2023R$61.0bR$15.4bR$5.6b11.8x11x4x
Mon, 18 Sep 2023R$61.3bR$15.4bR$5.6b11.8x11x4x
Wed, 16 Aug 2023R$58.1bR$15.4bR$5.6b10.3x10.5x3.8x
Fri, 14 Jul 2023R$53.6bR$14.9bR$5.5b8.4x9.7x3.6x
Sun, 11 Jun 2023R$45.9bR$14.9bR$5.5b7.3x8.3x3.1x
Tue, 09 May 2023R$45.8bR$15.1bR$5.5b8.4x8.3x3x
Price to Earnings Ratio

8.3x


Total Market Cap: R$45.8bTotal Earnings: R$5.5bTotal Revenue: R$15.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 7.8x202420252026
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 15.5x which is higher than its 3-year average PE of 7.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have declined 8.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 26% 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-1.78%
Energy4.12%
Oil and Gas4.12%
Oil and Gas Exploration and Production4.66%
Integrated Oil and Gas4.07%
Oil and Gas Refining and Marketing1.92%
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$66.416.0%
+R$3.1b		82.3%PE24x
BRAV3 Brava EnergiaR$19.130.6%
+R$55.7m		6.4%PE6.3x

Latest News

PRIO3
R$66.41
Prio
7D
6.0%
1Y
82.3%
RECV3
R$12.96
Petroreconcavo
7D
-3.8%
1Y
-2.0%

RECV3: Steady Fair Value And Lower Future P/E Will Drive Upside

Analysts kept the Petroreconcavo price target steady at R$17.00, pointing to only marginal tweaks in discount rate, revenue growth, profit margin and future P/E assumptions rather than a change in their overall view of the stock. Valuation Changes Fair Value: R$17.00 remains unchanged in the updated model.
BRAV3
R$19.13
Brava Energia
7D
0.6%
1Y
6.4%
AZTE3
R$0.35
Azevedo & Travassos Energia
7D
-2.8%
1Y
-51.4%