oil

8 posts
3R Petroleum 1Q22 public
DailyCrunch 3 min read

3R Petroleum 1Q22

Adjusted EBITDA for the quarter came at R$199mn (+150% YoY). After adjusting for a one-off of R$11mn (goodwill from Areia Branca), adj. Ebitda was R$209mn, a touch above our expectations.…
Giro Lino
Food for Thought #13 public
FoodForThought 9 min read

Food for Thought #13

Today’s outline * LT Fundamental Holds * Financial and Physical Risks * Industry Capital Deficit * Volatility Trap * Wrong Risk * Closed Ideas This…
Giro Lino
DailyCrunch 3 min read

Friendly Fire in LatAm

The government confirmed that Mr. Silva e Luna would no longer be Petrobras’s CEO or a board member, and the government nominated Adriano Pires to replace him. The board election will happen on April 13, and the board should consider Mr. Pires to take place as CEO after that.…
Giro Lino
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