Enauta
Independent Brazilian oil and gas exploration and production.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A Valuation: $1.2b 1.6x EV/Revenue 2.5x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| BRL | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (15 %) | 91 % | 21 % | (36 %) | 200 % | 42 % | (18 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 62 % | 124 % | 60 % | 54 % | 64 % | 76 % | 77 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 13 % | 80 % | 18 % | (3 %) | 37 % | 44 % | 46 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Enauta Participações S.A. is a Brazilian independent company focused on the exploration and production of oil and gas. Founded in 1998 by Décio Oddone, the company has grown through a strategy of acquiring and developing offshore assets, particularly in the Santos and Camamu-Almada basins. In 2024, Enauta merged with 3R Petroleum, creating one of the largest and most diversified independent oil and gas companies in Latin America. The combined entity operates under the name Brava Energia.
The company's core business involves operating oil and gas fields, with a significant portion of its production coming from the Atlanta Field, located in the Santos Basin. Enauta holds a 100% operating interest in this deep-water field. Its business model revolves around the sale of crude oil and natural gas produced from its assets. The company serves the global energy market, selling its commodities to international buyers. The recent merger with 3R Petroleum has expanded its portfolio to include onshore and shallow water assets, diversifying its production and reserve base.
Enauta's primary asset is the Atlanta Field, which utilizes a Floating Production, Storage, and Offloading (FPSO) system for its operations. The implementation of the Definitive Production System (DPS) in Atlanta, featuring the FPSO Atlanta, is a key milestone aimed at increasing production capacity and operational efficiency. This system is designed to handle up to 50,000 barrels of oil per day. The merger with 3R also brings assets like the Papa-Terra Cluster and Peroá Cluster into the combined company's portfolio, enhancing its production capabilities and creating significant operational synergies.
Keywords: oil and gas, exploration and production, offshore assets, Atlanta Field, Santos Basin, FPSO, energy sector, crude oil, natural gas, corporate merger
