Prio

Energy, Utilities & Waste · Brazil · 501-1,000 Employees

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Overview

Headquarters

370 Praia De Botafogo 13º Andar, Rio de ...

Phone Number

+55 2137213800

Revenue

$2.6 Billion

Stock Symbol

PRIO3

Industry

Energy, Utilities & Waste Oil & Gas Exploration & Services
ZI Rank: 7
Signal Type
Mar
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ZI Rank
4
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About Prio

PRIO is the largest independent oil and gas company in Brazil, a pioneer in recovering and increasing the useful life of fields in production. Created in 2015 and with its assets located in the Campos Basin, the company focuses on excellence and the pursuit of operational efficiency, prioritizing the safety of operations and care for the preservation of the environment. Carioca, PRIO has a purpose that goes beyond O&G, the company extracts the best of its energy to make the world a more efficient place. In addition, it seeks to transform society by encouraging sports, culture, and environmental preservation.Explore more
Prio's Social MediaPopular SearchesPrio SAPrioSIC Code 13,131NAICS Code 21,211Ticker BVMF: PRIO3Show more

Prio Org Chart

PhoneEmail
MR
Brazil flag for contact location.

Chief Financial Officer

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GL
Brazil flag for contact location.

Control Room Operator & Chief Revenue Officer

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MH
Brazil flag for contact location.

Analista De Controladoria Pleno

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Company Profile Activity

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Among all Energy, Utilities & Waste companies

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Activity Insights

Prio is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.

What does this means?

Prio is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Prio.

Prio Tech Stack

A closer look at the technologies used by Prio

Most Recent Scoops

Project
Prio has outlined its 2027 drilling plan for the Albacora Leste field under two scenarios drilling Albacora Leste wells if environmental licensing is obtained, or redirecting to Frade wells already identified through the ADR campaign if not with seven wells currently identified at Albacora Leste out of an original plan of eleven, including three injectors.
Oil & Gas
Pain Point
reported that the Polvo and Tubarão Martelo cluster averaged 14,300 barrels per day in Q2, impacted by the shutdown of well AGX 44 from late March through mid May due to a failure in its electric submersible pump system, which required rig intervention for replacement before production was restored.
Oil & Gas
Earnings
Prio has maintained its guidance to reach 1.0x net debt-to-EBITDA by year-end next year based on a $60 per barrel Brent price, with leverage expected to reach 0.8x net debt-to-EBITDA should Brent average $80 per barrel.
Financial Planning, Finance, Financial Strategy, Oil & Gas
Earnings
Prio has reported a current cash position of $713 million, with the share repurchase program ongoing the company currently holds approximately 9% of its own shares and expects to reach 10% in the near term, with subsequent cancellation subject to board approval.
Stake & Stock Ownership, Business Finance, Finance
Pain Point
Oil & Gas
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Top Energy, Utilities & Waste Companies

Frequently Asked Questions Regarding Prio

What is Prio's stock symbol?
Prio's stock symbol is PRIO3
What is Prio's official website?
Prio's official website is www.prio3.com.br
What is Prio's Revenue?
Prio's revenue is $2.6 Billion
What is Prio's SIC code?
Prio's SIC: 13,131
What is Prio's NAICS code?
Prio's NAICS: 21,211
How many employees does Prio have?
Prio has 501-1,000 employees
What industry does Prio belong to?
Prio is in the industry of: Energy, Utilities & Waste, Oil & Gas Exploration & Services
What technology does Prio use?
Some of the popular technologies that Prio uses are: DocuSign, WordPress.org, PHP, Cloudflare Website Optimization
Who is the CFO of Prio?
Prio's CFO is Milton Rangel
How do I contact Prio?
Prio contact info: Phone number: +55 2137213800 Website: www.prio3.com.br
What does Prio do?

PRIO is the largest independent oil and gas company in Brazil, a pioneer in recovering and increasing the useful life of fields in production. Created in 2015 and with its assets located in the Campos Basin, the company focuses on excellence and the pursuit of operational efficiency, prioritizing the safety of operations and care for the preservati... on of the environment. Carioca, PRIO has a purpose that goes beyond O&G, the company extracts the best of its energy to make the world a more efficient place. In addition, it seeks to transform society by encouraging sports, culture, and environmental preservation.Read More

What are Prio social media links?
Prio Linkedin page Prio Twitter page Prio Facebook page
Is Prio a public company?
Yes, Prio is a public company and is traded under the symbol PRIO3
See more information about Prio

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