RRRP3 Stock Overview
3R Petroleum Óleo e Gás S.A. engages in the exploration and production of oil and natural gas in Brazil.
3R Petroleum Óleo e Gás Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R$33.37|
|52 Week High||R$51.23|
|52 Week Low||R$26.35|
|1 Month Change||16.11%|
|3 Month Change||-19.32%|
|1 Year Change||2.61%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||59.67%|
Recent News & Updates
Time To Worry? Analysts Just Downgraded Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Outlook
Today is shaping up negative for 3R Petroleum Óleo e Gás S.A. ( BVMF:RRRP3 ) shareholders, with the analysts delivering...
|RRRP3||BR Oil and Gas||BR Market|
Return vs Industry: RRRP3 underperformed the BR Oil and Gas industry which returned 5.3% over the past year.
Return vs Market: RRRP3 exceeded the BR Market which returned -17.1% over the past year.
|RRRP3 Average Weekly Movement||7.6%|
|Oil and Gas Industry Average Movement||6.9%|
|Market Average Movement||6.0%|
|10% most volatile stocks in BR Market||9.4%|
|10% least volatile stocks in BR Market||2.6%|
Stable Share Price: RRRP3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: RRRP3's weekly volatility (8%) has been stable over the past year.
About the Company
3R Petroleum Óleo e Gás S.A. engages in the exploration and production of oil and natural gas in Brazil. It holds portfolio of assets located in the Potiguar Basin that includes the Poles Macau, Pescada Arabaiana, and Fazenda Belém; in the Recôncavo Basin, which comprises the Rio Ventura and Recôncavo; in the Espírito Santo Basin that consist of the Polo Peroá; and in the Campos Basin that include Papa-Terra. 3R Petroleum Óleo e Gás S.A. was incorporated in 2010 and is headquartered in Rio de Janeiro, Brazil.
3R Petroleum Óleo e Gás Fundamentals Summary
|RRRP3 fundamental statistics|
Is RRRP3 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RRRP3 income statement (TTM)|
|Cost of Revenue||R$483.05m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-1.09|
|Net Profit Margin||-18.10%|
How did RRRP3 perform over the long term?See historical performance and comparison
Is RRRP3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RRRP3?
Other financial metrics that can be useful for relative valuation.
|What is RRRP3's n/a Ratio?|
Price to Sales Ratio vs Peers
How does RRRP3's PS Ratio compare to its peers?
|RRRP3 PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
ENAT3 Enauta Participações
PRIO3 Petro Rio
DMMO3 Dommo Energia
RRRP3 3R Petroleum Óleo e Gás
Price-To-Sales vs Peers: RRRP3 is expensive based on its Price-To-Sales Ratio (5.6x) compared to the peer average (3.1x).
Price to Earnings Ratio vs Industry
How does RRRP3's PE Ratio compare vs other companies in the South American Oil and Gas Industry?
Price-To-Sales vs Industry: RRRP3 is expensive based on its Price-To-Sales Ratio (5.6x) compared to the BR Oil and Gas industry average (1.5x)
Price to Sales Ratio vs Fair Ratio
What is RRRP3's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||5.6x|
|Fair PS Ratio||5.9x|
Price-To-Sales vs Fair Ratio: RRRP3 is good value based on its Price-To-Sales Ratio (5.6x) compared to the estimated Fair Price-To-Sales Ratio (5.9x).
Share Price vs Fair Value
What is the Fair Price of RRRP3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: RRRP3 (R$33.37) is trading below our estimate of fair value (R$134.47)
Significantly Below Fair Value: RRRP3 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is 3R Petroleum Óleo e Gás forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score6/6
Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RRRP3 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (9.2%).
Earnings vs Market: RRRP3 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RRRP3 is expected to become profitable in the next 3 years.
Revenue vs Market: RRRP3's revenue (48.8% per year) is forecast to grow faster than the BR market (5.8% per year).
High Growth Revenue: RRRP3's revenue (48.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RRRP3's Return on Equity is forecast to be high in 3 years time (39.4%)
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How has 3R Petroleum Óleo e Gás performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RRRP3 is currently unprofitable.
Growing Profit Margin: RRRP3 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RRRP3 is unprofitable, and losses have increased over the past 5 years at a rate of 35.7% per year.
Accelerating Growth: Unable to compare RRRP3's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RRRP3 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (77.2%).
Return on Equity
High ROE: RRRP3 has a negative Return on Equity (-7.66%), as it is currently unprofitable.
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How is 3R Petroleum Óleo e Gás's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: RRRP3's short term assets (R$831.7M) do not cover its short term liabilities (R$894.7M).
Long Term Liabilities: RRRP3's short term assets (R$831.7M) do not cover its long term liabilities (R$1.2B).
Debt to Equity History and Analysis
Debt Level: RRRP3 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RRRP3's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RRRP3 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RRRP3 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48.6% each year
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What is 3R Petroleum Óleo e Gás's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RRRP3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RRRP3's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RRRP3's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RRRP3's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RRRP3 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Mr. Ricardo Rodrigues Savini serves as the President, Chief Executive Officer and Chairman of the Executive Board at 3R Petroleum Óleo e Gás S.A.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 53.1%.
3R Petroleum Óleo e Gás S.A.'s employee growth, exchange listings and data sources
- Name: 3R Petroleum Óleo e Gás S.A.
- Ticker: RRRP3
- Exchange: BOVESPA
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: R$6.761b
- Shares outstanding: 202.59m
- Website: https://www.3rpetroleum.com.br
Number of Employees
- 3R Petroleum Óleo e Gás S.A.
- Rua Visconde de Ouro Preto, 05
- 6th floor
- Rio De Janeiro
- Rio de Janeiro
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/16 00:00|
|End of Day Share Price||2022/08/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.