
Petroreconcavo SA
BOVESPA:RECV3

Gross Margin
Petroreconcavo SA
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
BR |
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Petroreconcavo SA
BOVESPA:RECV3
|
4.9B BRL |
37%
|
|
US |
![]() |
Conocophillips
NYSE:COP
|
131.2B USD |
47%
|
|
CN |
C
|
CNOOC Ltd
SSE:600938
|
705.5B CNY |
48%
|
|
US |
![]() |
EOG Resources Inc
NYSE:EOG
|
70.6B USD |
62%
|
|
CA |
![]() |
Canadian Natural Resources Ltd
TSX:CNQ
|
93.1B CAD |
49%
|
|
US |
![]() |
Hess Corp
NYSE:HES
|
49B USD |
78%
|
|
US |
![]() |
Diamondback Energy Inc
NASDAQ:FANG
|
46.6B USD |
71%
|
|
US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
51%
|
|
US |
![]() |
EQT Corp
NYSE:EQT
|
31.2B USD |
57%
|
|
US |
![]() |
Texas Pacific Land Corp
NYSE:TPL
|
30.6B USD |
93%
|
|
AU |
![]() |
Woodside Energy Group Ltd
ASX:WDS
|
45.2B AUD |
43%
|
Petroreconcavo SA
Glance View
Petrorecôncavo SA is an oil and gas operator company, which specializes in the operation, development, and revitalization of mature fields in onshore oil and gas basins. The company is headquartered in Mata De Sao Joao, Bahia. The company went IPO on 2021-05-05. The firm specializes in the operation, development and revitalization of mature fields in onshore oil and gas basins. The firm has 155.9 MMboe of 2P (working interest) gross reserves. The firm is advancing in the creation of conditions for access to essential infrastructure for the flow and processing of natural gas by contracting services in the tolling modality, which allows it to directly access the national gas market. The firm's business model is based on purchasing (or providing operating services) concessions for mature onshore fields, operating these fields, revitalizing them and extending their reserves.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Petroreconcavo SA's most recent financial statements, the company has Gross Margin of 36.5%.