Brava Energia SA
3.82
USD
-0.28
(-6.83%)
CIK
2095292
ISIN
US10566W1045
CUSIP
10566W104
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
BRL
•
in mil. unless spec.Working Capital
BRL
•
in mil. unless spec.Growth Rates
BRL
•
in mil. unless spec.Quarterly Revenue
BRL
•
in mil. unless spec.Quarterly Earnings Per Share
BRL
•
in mil. unless spec.Quarterly Dividends Per Share
BRL
•
in mil. unless spec.Company Description
- CEO
- Richard Kehrer Kovacs
- Full Time Employees
- 1,126
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- Praia de Botafogo, 186 Rio de Janeiro RJ Brazil 22250-145
- IPO Date
- Nov 12, 2020
- Website
- bravaenergia.com
- Similar Companies
- Business
- Brava Energia S.A. is an independent Brazilian oil and gas company engaged primarily in the exploration, production, and sale of oil, natural gas, and other fluid hydrocarbons. The company operates across onshore and offshore assets, including shallow, deepwater, and ultra-deepwater fields, with activities spanning upstream exploration and production (E&P), midstream infrastructure, refining, logistics, transportation, and the trading of crude oil and derivatives. Brava Energia holds a diversified portfolio of mature production fields in Brazilian sedimentary basins such as the Campos, Barreirinhas, Potiguar, and Recôncavo basins. Its key assets include stakes in multiple oil fields like Parque das Conchas, Atlanta, Papa Terra, Macau, and others. The company also conducts import and export operations of oil and derivatives domestically and internationally. Founded through the merger of Enauta and Maha Holding, Brava Energia aims to consolidate the Brazilian independent oil and gas market through organic growth via redevelopment of existing assets and inorganic growth via acquisitions. It holds Operator “A” status from Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP), enabling operation in diverse environments including pre-salt fields. Recent major developments include the acquisition of a 23% stake in the Parque das Conchas Cluster, previously held by QatarEnergy Brasil Ltda., completed in December 2024 for approximately US$150 million. The company also progressed production operations with the first oil at the FPSO Atlanta facility and sold a 20% stake in this asset to Westlawn Americas Offshore LLC, reducing its holding to 80%. Brava Energia’s latest strategic moves reflect a focus on portfolio diversification, cost reduction, and enhanced production capacity, aiming to leverage its integrated upstream and midstream capabilities in Brazil’s oil and gas sector. Brava Energia serves various segments of the oil and gas sector including exploration and production, mid and downstream activities, with a customer base spanning domestic and international markets. It operates primarily in Brazil but also pursues opportunities abroad. The company is headquartered in Brazil and listed on the São Paulo Stock Exchange under the ticker BRAV3.SA. This integrated oil and gas company’s products and services include crude oil and natural gas production; refining and logistics services; transportation; trading of oil derivatives; acquisition and export of crude oil; and participation in related ventures domestically and internationally. Its portfolio targets mature fields with proven reserves that offer operational efficiency and low lifting costs relative to peers, aiming for accelerated investment payback and value generation. Recent strategic alliances and financial moves have strengthened Brava Energia’s market position, including partnerships and share acquisitions by Maha Capital AB and other investors, with ongoing asset optimizing, production ramp-ups, and operational expansions as part of its growth strategy in Brazil’s energy sector.
Company News
Ecopetrol Resumes the Tender Offer in Brazil to Complete the Acquisition of a Controlling Equity Stake in Brava Energia S.A.