3R Petroleum Oleo e Gas SA
BOVESPA:RRRP3
Net Margin
3R Petroleum Oleo e Gas SA
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| BR |
|
3R Petroleum Oleo e Gas SA
BOVESPA:RRRP3
|
7.5B BRL |
-3%
|
|
| US |
|
Conocophillips
NYSE:COP
|
112.4B USD |
17%
|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
722.2B CNY |
32%
|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
66B USD |
26%
|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
90.3B CAD |
20%
|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
25%
|
|
| US |
|
Hess Corp
NYSE:HES
|
42.7B USD |
18%
|
|
| US |
V
|
Venture Global Inc
NYSE:VG
|
40.5B USD |
17%
|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
39.7B USD |
31%
|
|
| US |
|
EQT Corp
NYSE:EQT
|
34.9B USD |
7%
|
|
| US |
C
|
Continental Resources Inc
F:C5L
|
25.8B EUR |
40%
|
3R Petroleum Oleo e Gas SA
Glance View
3R Petroleum Oleo e Gas SA is a Brazilian company that embarked on a mission to revive previously neglected or mature oil and gas fields, primarily in Brazil. This audacious endeavor is rooted in their strategic approach to acquiring assets considered by larger players to be in decline or reaching their economic limits. By employing advanced recovery techniques, leveraging local expertise, and focusing meticulously on operational efficiency, 3R Petroleum unlocks untapped potential within these fields. Their business model not only extends the productive life of these wells but also capitalizes on the existing infrastructure, creating a more sustainable and cost-effective operation compared to starting from scratch. This ability to transform outdated assets into lucrative enterprises is at the heart of their revenue generation. Operating amidst fluctuating commodity prices, 3R Petroleum stands out by embracing adaptability and scale. The company profits by purchasing these aging oil fields at lower costs and then enhancing their output through innovative technology and process optimization. By doing so, it increases the oil recovery rates while maintaining a tight rein on expenses, maximizing margins even in periods of price volatility. Their operations are a testament to the potential that lies in viewing mature wells not as dwindling resources but as opportunities ripe for rejuvenation. In a market where efficiency, innovation, and strategic asset management dictate success, 3R Petroleum solidifies its role as an adept player, demonstrating a keen ability to pivot resources into revenue streams effectively.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on 3R Petroleum Oleo e Gas SA's most recent financial statements, the company has Net Margin of -3.2%.
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