Alvopetro Energy 3/19/2024 Earnings Report

Alvopetro Energy EPS Results

• Actual EPS: $0.25
• Consensus EPS: $0.24
• Beat/Miss: Beat by +$0.01
• One Year Ago EPS: N/A

Alvopetro Energy Revenue Results

• Actual Revenue: $15.30 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Alvopetro Energy Announcement Details

• Date: 3/19/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Alvopetro Energy (OTCMKTS:ALVOF) Inc. (OTCMKTS: ALVOF) is a Canada-based oil and gas exploration and production company focused on acquiring and developing upstream assets in Brazil. The company targets conventional hydrocarbon resources through a combination of license acquisitions, seismic appraisal and drilling operations, seeking to build a sustainable production profile in emerging Brazilian basins.

Alvopetro’s principal activities are centered in the Potiguar Basin of northeastern Brazil, where it holds working interests in both onshore and shallow-water concession areas. The company pursues exploration and appraisal campaigns designed to define reservoir potential, optimize well placement and advance viable discoveries toward development.

Headquartered in Calgary, Alberta, Alvopetro is led by a management team with extensive experience in Latin American upstream operations. The company’s leadership draws on a track record of field development and regulatory engagement to advance projects through evaluation and into production phases.

Since its establishment in the mid-2000s, Alvopetro has sought to expand its Brazilian acreage position, leveraging technical partnerships and local expertise. The company remains focused on progressing its existing asset portfolio toward commercial production while pursuing new exploration opportunities to drive long-term growth.