3R Petroleum Oleo E Gas SA Ordinary Shares

BRAV3 · SA · Energy / Oil & Gas E&P

14.50BRL-0.01 (-0.07%)

Price History

Full chart

Market Stats

Previous Close14.51

Open14.59

Day Range14.33 – 14.66

52-Week Range13.21 – 22.15

Volume3.53M

Market Cap8.78B

P/E (TTM)189.00

Forward P/E3.45

EPS0.10

Dividend Yield0.68%

Beta-0.24

50-Day Avg18.48

200-Day Avg18.82

About

As of August 17, 2026, Brava Energia S.A. operates as a subsidiary of Ecopetrol Investimentos do Brasil LTDA. Brava Energia S.A. engages in the exploration and production of oil and natural gas in Brazil. It is also involved in treatment, refining, and processing, as well as engages in the trading of oil, gas and derivatives. 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.

Company Details

SectorEnergy
IndustryOil & Gas E&P
CEOMr. Richard Kehrer Kovacs
Employees0
HeadquartersPraia de Botafogo, 186, Rio De Janeiro, RJ, Brazil, 22250-145, Brazil
Websitehttps://bravaenergia.com

Leadership

Mr. Richard Kehrer KovacsCEO & Director
Mr. Luiz Felipe CarvalhoCFO & Chief Investor Relations Officer
Leandro Nonato Da CunhaAccounting Manager
Mr. Jorge Alejandro BoeriChief Onshore Operational Officer
Mr. Carlos Jose do Nascimento TravassosChief Offshore Operational Officer · b. 1968
Mr. Mauro Braz RochaController

Financials

Income Statement

Currency: BRL	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	204.25M	727.80M	1.72B	5.62B	8.73B	11.62B
Growth (%)	-	+256.32%	+136.66%	+226.28%	+55.27%	+33.19%
Cost of Revenue	106.23M	319.53M	835.54M	3.86B	6.40B	8.94B
Gross Profit	98.02M	408.27M	886.88M	1.76B	2.33B	2.69B
Gross Margin	47.99%	56.10%	51.49%	31.28%	26.68%	23.11%
Operating Expense	112.98M	174.37M	492.50M	417.14M	541.81M	1.02B
Operating Income	-14.96M	233.90M	394.38M	1.34B	1.79B	1.66B
Operating Margin	-7.33%	32.14%	22.90%	23.86%	20.48%	14.32%
EBITDA	-204.14M	273.29M	870.18M	1.91B	2.15B	4.39B
EBITDA Margin	-99.95%	37.55%	50.52%	33.95%	24.67%	37.78%
Net Income	-259.23M	-905.00K	149.57M	405.23M	-909.69M	1.41B
Net Income Margin	-126.92%	-0.12%	8.68%	7.21%	-10.42%	12.14%
R&D	0	-	-	-	-	-
R&D as % of Total Revenue	0.00%	-	-	-	-	-
Interest Expense	61.91M	200.50M	805.01M	697.18M	2.24B	2.56B
Interest Expense % of Total Revenue	30.31%	27.55%	46.74%	12.41%	25.62%	22.01%

Balance Sheet

Currency: BRL	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	2.11B	5.45B	7.97B	20.12B	44.46B	42.71B
Total Liabilities	1.03B	1.28B	3.63B	14.55B	33.94B	30.93B
Total Equity	1.08B	4.11B	4.28B	5.49B	10.52B	11.77B
Cash	287.94M	118.72M	800.44M	1.75B	3.17B	928.90M
Total Debt	634.07M	73.94M	1.10B	9.35B	23.48B	20.69B
Net Debt	346.13M	-44.79M	302.17M	7.60B	20.31B	19.76B

Cash Flow

Currency: BRL	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	55.55M	62.84M	90.31M	1.01B	1.85B	3.16B
Investing Cash Flow	-1.38B	-2.33B	-357.04M	-8.62B	975.61M	-5.43B
Financing Cash Flow	1.55B	2.09B	957.33M	8.69B	-1.46B	-13.94M
Capital Expenditure	880.60M	366.74M	1.55B	5.34B	803.57M	2.87B
Free Cash Flow	-825.05M	-303.90M	-1.46B	-4.34B	1.05B	290.12M
Dividends Paid	-	-	-	-	94.53M	0
FCF to OCF	-1485.33%	-483.62%	-1618.60%	-429.78%	56.66%	9.17%
Dividend Paid to FCF	-	-	-	-	9.00%	0.00%

Earnings

Report Date	Aug 4, 2021	Nov 10, 2021	May 2, 2022	Aug 10, 2022	Nov 9, 2022	Mar 9, 2023	Aug 9, 2023	Nov 9, 2023	Mar 7, 2024	Jul 31, 2024	Nov 13, 2024	Mar 20, 2025	May 11, 2025	Aug 6, 2025	Nov 5, 2025	Mar 11, 2026	May 6, 2026	Aug 5, 2026	Nov 5, 2026
EPS Estimate	0.02	0.78	-0.32	0.91	0.72	0.22	0.37	1.24	1.40	-0.48	0.88	-1.03	1.30	1.23	0.18	-0.46	-1.55	1.51	-0.11
EPS Actual	-0.33	-0.11	-1.65	0.28	2.11	0.66	0.37	-0.38	1.66	-1.50	2.44	-2.92	1.70	2.07	-0.30	-0.83	-0.60	1.62	-
Surprise	-1750.00%	-114.10%	-415.63%	-69.23%	193.06%	200.00%	0.00%	-130.65%	18.57%	-212.50%	177.27%	-183.50%	30.77%	68.29%	-266.67%	-80.00%	61.29%	7.28%	-
Timing	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap8.78B

Enterprise Value22.55B

Trailing P/E189.00

Forward P/E3.45

Price / Sales0.71

Price / Book0.67

EPS0.10

Book Value26.44

Revenue (TTM)12.34B

Gross Profit (TTM)3.40B

EBITDA4.72B

Profit Margin0.44%

Operating Margin31.87%

Return on Equity0.44%

Return on Assets3.71%

Shares Outstanding464.54M

Shares Float195.11M

Beta-0.24

Dividend Yield0.68%

Dividend Rate0.12

Payout Ratio123.60%

Dividends

20261×

0.12Apr 22, 2026

20241×

0.39May 2, 2024