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Shares of Prio S.A. (OTCMKTS:PTRRY - Get Free Report) were up 4.3% during mid-day trading on Thursday. The company traded as high as C$9.04 and last traded at C$9.04. Approximately 3,273 shares were traded during trading, a decline of 92% from the average daily volume of 42,598 shares. The stock had previously closed at
Prio S.A. (PTRRY) Analyst/Investor Day Transcript
Prio S.A. (OTCPK:PTRRY) Q3 2025 Earnings Call November 5, 2025 1:00 PM EST Company Participants Jose Costa - Investor Relations Manager Roberto Monteiro - CEO, Investor Relations Officer, Director & Member of Management Board Francilmar Fernandes - COO & Member of Management Board Milton Rangel - CFO & Member of Management Board Conference Call Participants Gabriel Coelho Barra - Citigroup Inc. Exchange Research Presentation Jose Costa Investor Relations Manager Good day, everyone, welcome to Prio's Third Quarter Video Conference call. I am Jose Gustavo, IR Manager, and I will be host of this event.
Prio S.A. (OTCMKTS:PTRRY - Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 16,600 shares, a decline of 26.2% from the September 30th total of 22,500 shares. Based on an average daily volume of 5,300 shares, the days-to-cover ratio is
Prio remains the top pick in Brazilian "junior oil," with low lifting costs and a strong focus on mature field optimization. The long-awaited Wahoo Field license is poised to boost production by 40,000 bpd, with Prio targeting 150,000 bpd by 2026/2027. Despite external headwinds, Prio's solid fundamentals, low breakeven price, and efficient operations provide resilience against volatile Brent prices.
Prio's ADR has declined significantly this year due to falling oil prices and delays in drilling a key production field. This comes despite the company's low lifting costs. The Wahoo field's delayed production start, now expected in Q2 2025, and the Peregrino field acquisition are key future catalysts for Prio. Prio's share buyback program and low net debt position demonstrate management's confidence and financial strength, despite current market challenges.
Prio S.A. (OTCPK:PTRRY) Q4 2023 Earnings Conference Call March 11, 2024 10:00 AM ET Company Participants Jose Costa - Investor Relations Roberto Monteiro - Chief Executive Officer Francisco Francilmar - Chief Operating Officer Milton Rangel - Chief Financial Officer Conference Call Participants Pedro Soares - BTG Bruno Montanari - Morgan Stanley Luiz Carvalho - UBS Gabriel Barra - Citi Vicente Falanga - Bradesco Bruno Amorim - Goldman Sachs Jose Costa Everyone. Welcome to Prio's Fourth Quarter '23 Video Conference Call.
Prio, Brazil's largest independent oil producer, strategically emphasizes efficient reservoir management and mature field development. Overcoming challenges, Prio exhibits resilience and adaptability in the competitive oil sector, solidifying its position in the Brazilian energy landscape. Prio has undergone a financial turnaround, achieving significant profits and establishing itself as a noteworthy player in the Brazilian energy landscape.