Petro Rio SA
BOVESPA:PRIO3

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Petro Rio SA Logo
Petro Rio SA
BOVESPA:PRIO3
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Price: 42.71 BRL 1.76% Market Closed
Market Cap: 36B BRL

Petro Rio SA
Investor Relations

In the sun-dappled heart of Brazil, Petro Rio SA has emerged as a resilient force in the energy sector, quietly redefining how oil and gas companies operate within the stormy seas of the South Atlantic. Born in the vibrant financial hub of Rio de Janeiro, this forward-thinking independent oil company focuses on the revitalization of mature oil fields, maximizing the extraction of their hidden potential. Petro Rio's strategy is a masterclass in recognizing overlooked value, as it purchases declining oil fields and breathes new life into them through innovative recovery techniques and efficient management, ensuring that every barrel is extracted with precision and purpose. This approach not only extends the life of these assets but also allows Petro Rio to extract oil at a lower cost than its more conventional competitors, providing it with a nimble edge in a traditionally rigid industry.

Petro Rio's business model revolves around sustainability and pragmatism, with a sharp eye on reducing operational costs while keeping its environmental footprint in check. The company's proficiency in using enhanced oil recovery (EOR) techniques is a testament to its commitment to tapping into the residual oil that others deem out of reach. From strategic acquisitions to smart investments in technology and expertise, Petro Rio meticulously orchestrates its growth while maintaining fiscal discipline. The revenues, naturally, flow from the sale of oil and natural gas – commodities that remain the lifeblood of modern economies. In the ebb and flow of the global energy market, Petro Rio’s ability to navigate the inevitable fluctuations demonstrates a powerful adaptability. Their narrative is one of turning overlooked opportunities into substantial value, securing a profitable future amidst an ever-changing energy landscape.

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Management

Mr. Roberto Bernardes Monteiro
CEO, Investor Relations Officer, Director & Member of Management Board
No Bio Available
Mr. Milton Salgado Rangel Neto
CFO & Member of Management Board
No Bio Available
Mr. Francisco Francilmar Fernandes
COO & Member of Management Board
No Bio Available
Rafael Goncalves Sierra
Accountant
No Bio Available
Mr. Jose Gustavo Costa Jr.
Investor Relations Manager
No Bio Available

Contacts

Address
RIO DE JANEIRO
Rio de Janeiro
Praia de Botafogo, 370,1 pavimento, Botafogo
Contacts
+552137213800.0
www.petroriosa.com.br