Petro Rio S.A.

São Paulo Stock Exchange:PRIO3.SA

Sector

⚡️ Energy

Industries

⛽ Oil & Gas

🛠 Drilling

🤔 Fracking

🛢 Offshore Drilling

🛢 Oil Extraction

Location

Brazil

Market Cap

USD 6.21 B

Share Price

USD 7.62

Avg Daily Volume

12,146,932

Change (1 day)

0.05%

Change (1 year)

-2.61%

Change (YTD)

17.66%

Petro Rio S.A. Capital Expenditure for the year ending December 31, 2024: USD -2.39 B

Petro Rio S.A. Capital Expenditure is USD -2.39 B for the year ending December 31, 2024, a -12.81% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).

Petro Rio S.A. Capital Expenditure for the year ending December 31, 2023 was USD -2.74 B, a 289.83% change year over year.
Petro Rio S.A. Capital Expenditure for the year ending December 31, 2022 was USD -703.03 M, a 199.05% change year over year.
Petro Rio S.A. Capital Expenditure for the year ending December 31, 2021 was USD -235.09 M, a 42.70% change year over year.
Petro Rio S.A. Capital Expenditure for the year ending December 31, 2020 was USD -164.74 M, a -62.60% change year over year.

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Key data

Date	Capital Expenditure	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Depreciation And Amortization

São Paulo Stock Exchange: PRIO3.SA

Petro Rio S.A.

CEO	Mr. Roberto Bernardes Monteiro
IPO Date	Oct. 25, 2010
Location	Brazil
Headquarters	Praia de Botafogo, 370
Employees	211
Sector	⚡️ Energy
Industries Oil & Gas 🛠 Drilling 🤔 Fracking 🛢 Offshore Drilling 🛢 Oil Extraction

Description

Petro Rio S.A., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia. In addition, it imports, exports, refines, sells, and distributes oil, natural gas, fuels, and oil by-products; engages in the generation, sale, and distribution of electric power, as well as holds interests in other companies. The company was formerly known as HRT Participações em Petróleo S.A. and changed its name to Petro Rio S.A. in June 2015. Petro Rio S.A. was incorporated in 2009 and is headquartered in Rio de Janeiro, Brazil.