PRIO Earns US$ 521 Million in the 3rd Quarter with Record Production
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Prio produced an average of 196.3 thousand barrels of oil equivalent per day in October, which represents an increase of 119.2% in the annual comparison and of 2% on the result obtained in September. In the Valente, which covers the fields of Frade and Wahoo, the production of oil was 70.6 thousand barrels per day and the production of gas was 4.07 thousand last month. In the East Albacora unit, the average daily production was 25,000 barrels of…
The oil company Prio recorded net profit of US$516,6 million in the third quarter, eight times higher than that found in the same period last year, or a high of 707%, driven by strong growth of production, higher oil sales and higher prices of Brent. The company's net revenue reached US$1.37 billion [...]
PRIO profit jumps 468% in the 3rd quarter, to US$ 521 million, with Ebitda of US$ 1,135 billion and record production; see the numbers
Prio closed the third quarter of 2026 with net profit of US$ 521 million, 468% above that recorded in the same period of...
Sales totaled 5.149 million boepd in October, down 5.15% from September
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