Summary of share price highs, lows and changes for Brava Energia
Historical stock prices
Current Share Price	R$17.69
52 Week High	R$25.98
52 Week Low	R$15.26
Beta	0.14
1 Month Change	-3.49%
3 Month Change	-0.056%
1 Year Change	-1.50%
3 Year Change	-58.76%
5 Year Change	n/a
Change since IPO	-15.36%

Recent updates

These 4 Measures Indicate That Brava Energia (BVMF:BRAV3) Is Using Debt In A Risky Way

Sep 19

Brava Energia's (BVMF:BRAV3) Shareholders Have More To Worry About Than Lackluster Earnings

May 22

Does Brava Energia (BVMF:BRAV3) Have A Healthy Balance Sheet?

May 01

Not Many Are Piling Into Brava Energia S.A. (BVMF:BRAV3) Stock Yet As It Plummets 26%

May 01

Slammed 26% Brava Energia S.A. (BVMF:BRAV3) Screens Well Here But There Might Be A Catch

Mar 07

Completion Of FPSO Atlanta And Papa Terra Resumption Will Boost Future Output

Feb 10 Streamlined operations and strategic divestments focus on efficiency, asset optimization, and higher returns, enhancing profitability and earnings.

A Piece Of The Puzzle Missing From Brava Energia S.A.'s (BVMF:BRAV3) 27% Share Price Climb

Jan 18

Further Upside For Brava Energia S.A. (BVMF:BRAV3) Shares Could Introduce Price Risks After 27% Bounce

Dec 04

Additional Considerations Required While Assessing Brava Energia's (BVMF:BRAV3) Strong Earnings

Nov 20

These 4 Measures Indicate That 3R Petroleum Óleo e Gás (BVMF:BRAV3) Is Using Debt Extensively

Oct 14

3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Subdued P/S Might Signal An Opportunity

Sep 05

3R Petroleum Óleo e Gás S.A. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

May 12

3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) P/E Is Still On The Mark Following 29% Share Price Bounce

Apr 05

3R Petroleum Óleo e Gás (BVMF:RRRP3) Shareholders Should Be Cautious Despite Solid Earnings

Mar 14

3R Petroleum Óleo e Gás S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Mar 10

3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Subdued P/S Might Signal An Opportunity

Jan 09

3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Analysts Just Slashed This Year's Estimates

Oct 05

Growth Investors: Industry Analysts Just Upgraded Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Revenue Forecasts By 15%

Sep 16

These Analysts Think 3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Sales Are Under Threat

Aug 20

What You Can Learn From 3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) P/S

Aug 17

3R Petroleum Óleo e Gás S.A. Just Missed Earnings - But Analysts Have Updated Their Models

Apr 29

Analysts Just Slashed Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) EPS Numbers

Mar 22

Industry Analysts Just Upgraded Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Revenue Forecasts By 13%

Mar 02

3R Petroleum Óleo e Gás' (BVMF:RRRP3) Earnings Are Of Questionable Quality

Nov 17

Time To Worry? Analysts Just Downgraded Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Outlook

Jun 24

Shareholder Returns

	BRAV3	BR Oil and Gas	BR Market
7D	-3.5%	-3.8%	-1.5%
1Y	-1.5%	-17.7%	0.2%

Return vs Industry: BRAV3 exceeded the BR Oil and Gas industry which returned -17.7% over the past year.

Return vs Market: BRAV3 underperformed the BR Market which returned 0.2% over the past year.

Price Volatility

Is BRAV3's price volatile compared to industry and market?
BRAV3 volatility
BRAV3 Average Weekly Movement	4.0%
Oil and Gas Industry Average Movement	3.7%
Market Average Movement	4.2%
10% most volatile stocks in BR Market	8.4%
10% least volatile stocks in BR Market	2.0%

Stable Share Price: BRAV3 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: BRAV3's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	n/a	Décio Oddone Da Costa	bravaenergia.com

Brava Energia S.A. engages in the exploration and production of oil and natural gas in Brazil. The company was formerly known as 3R Petroleum Óleo e Gás S.A. and changed its name to Brava Energia S.A. in September 2024. The company was founded in 2010 and is headquartered in Rio De Janeiro, Brazil.

Brava Energia S.A. Fundamentals Summary

How do Brava Energia's earnings and revenue compare to its market cap?
BRAV3 fundamental statistics
Market cap	R$8.21b
Earnings (TTM)	R$1.57b
Revenue (TTM)	R$10.16b

5.2x

P/E Ratio

0.8x

P/S Ratio

Is BRAV3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BRAV3 income statement (TTM)
Revenue	R$10.16b
Cost of Revenue	R$7.27b
Gross Profit	R$2.89b
Other Expenses	R$1.32b
Earnings	R$1.57b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 05, 2025

Earnings per share (EPS)	3.38
Gross Margin	28.42%
Net Profit Margin	15.44%
Debt/Equity Ratio	137.8%

How did BRAV3 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

19%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/05 17:54
End of Day Share Price	2025/10/03 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Brava Energia S.A. is covered by 16 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Leonardo Marcondes	BofA Global Research
Vicente Falanga Neto	Bradesco S.A. Corretora de Títulos e Valores Mobiliários
Carlos Palhares Sequeira	BTG Pactual

Brava Energia (BRAV3) Stock Overview

Rewards

Risk Analysis

Atlanta And Papa-Terra Production Will Drive Future Energy Value

Accelerating Regulations Will Trap Mature Fields And Lower Asset Valuations

Global Energy Growth And Decarbonization Will Reshape Hydrocarbon Production

Brava Energia S.A. Competitors

Petroreconcavo

Prio

BW Energy

Aradel Holdings

Price History & Performance

Recent News & Updates

An undisclosed buyer acquired 4.76% stake in Brava Energia S.A. (BOVESPA:BRAV3) from Maha Capital AB (publ) (OM:MAHA A) for BRL 420 million.

These 4 Measures Indicate That Brava Energia (BVMF:BRAV3) Is Using Debt In A Risky Way

Consensus EPS estimates increase by 22%

Consensus EPS estimates increase by 21%

Consensus EPS estimates increase by 11%

Recent updates

An undisclosed buyer acquired 4.76% stake in Brava Energia S.A. (BOVESPA:BRAV3) from Maha Capital AB (publ) (OM:MAHA A) for BRL 420 million.

These 4 Measures Indicate That Brava Energia (BVMF:BRAV3) Is Using Debt In A Risky Way

Consensus EPS estimates increase by 22%

Consensus EPS estimates increase by 21%

Consensus EPS estimates increase by 11%

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorates as stock falls 15%

Brava Energia's (BVMF:BRAV3) Shareholders Have More To Worry About Than Lackluster Earnings

First quarter 2025 earnings: EPS exceeds analyst expectations

New major risk - Share price stability

Does Brava Energia (BVMF:BRAV3) Have A Healthy Balance Sheet?

Not Many Are Piling Into Brava Energia S.A. (BVMF:BRAV3) Stock Yet As It Plummets 26%

Now 20% undervalued after recent price drop

Now 25% undervalued after recent price drop

Brava Energia S.A., Annual General Meeting, Apr 24, 2025

Full year 2024 earnings: EPS and revenues miss analyst expectations

Slammed 26% Brava Energia S.A. (BVMF:BRAV3) Screens Well Here But There Might Be A Catch

Now 26% undervalued after recent price drop

Completion Of FPSO Atlanta And Papa Terra Resumption Will Boost Future Output

Price target decreased by 7.3% to R$30.94

Consensus EPS estimates upgraded to R$0.44 loss

A Piece Of The Puzzle Missing From Brava Energia S.A.'s (BVMF:BRAV3) 27% Share Price Climb

Consensus EPS estimates upgraded to R$0.42 loss

Investor sentiment improves as stock rises 18%

Petro-Victory Energy Corp. (TSXV:VRY) agreed to acquire 13 oil-producing fields in Rio Grande do Norte, Potiguar Basin. from Brava Energia S.A. (BOVESPA:BRAV3).

Consensus revenue estimates decrease by 13%

Price target decreased by 7.2% to R$34.98

Further Upside For Brava Energia S.A. (BVMF:BRAV3) Shares Could Introduce Price Risks After 27% Bounce

New minor risk - Earnings quality

Additional Considerations Required While Assessing Brava Energia's (BVMF:BRAV3) Strong Earnings

Investor sentiment improves as stock rises 17%

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 7.4% to R$37.71

These 4 Measures Indicate That 3R Petroleum Óleo e Gás (BVMF:BRAV3) Is Using Debt Extensively

Price target decreased by 8.0% to R$40.71

Price target decreased by 11% to R$45.60

3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Subdued P/S Might Signal An Opportunity

High number of new directors

3R Petroleum Óleo e Gás S.A. (BOVESPA:RRRP3) completed the acquisition of Enauta Participações S.A. (BOVESPA:ENAT3).

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 13%

Consensus EPS estimates increase by 27%

3R Petroleum Óleo e Gás S.A. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

New minor risk - Profit margin trend

3R Petroleum Óleo e Gás S.A., Annual General Meeting, Apr 30, 2024

Consensus EPS estimates increase by 15%

3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) P/E Is Still On The Mark Following 29% Share Price Bounce

3R Petroleum Óleo e Gás S.A. Approves Board Appointments

3R Petroleum Óleo e Gás (BVMF:RRRP3) Shareholders Should Be Cautious Despite Solid Earnings

3R Petroleum Óleo e Gás S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

New major risk - Financial position

3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Subdued P/S Might Signal An Opportunity

Consensus EPS estimates increase by 13%

3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Analysts Just Slashed This Year's Estimates

Consensus revenue estimates fall by 13%

Growth Investors: Industry Analysts Just Upgraded Their 3R Petroleum Óleo e Gás S.A. (BVMF:RRRP3) Revenue Forecasts By 15%

Consensus revenue estimates increase by 13%, EPS downgraded

Consensus revenue estimates increase by 11%, EPS downgraded

These Analysts Think 3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) Sales Are Under Threat

Consensus revenue estimates decrease by 13%

What You Can Learn From 3R Petroleum Óleo e Gás S.A.'s (BVMF:RRRP3) P/S