Today, several prominent Brazilian companies listed on B3 announced significant corporate updates and production data.
3R Petroleum and Enauta provided detailed reports on their production figures, highlighting both gains and setbacks.
Meanwhile, Even revealed plans to unlink and sell a substantial number of shares in Melnick.
Oncoclinicas approved a major capital increase, while PDG Realty announced a reverse stock split.
Additionally, Cury reported impressive growth in its Q2 launches and record-breaking net sales.
This summary encapsulates the key developments and strategic decisions shaping these companies’ trajectories.
3R Petroleum (RRRP3) and Enauta (ENAT3) Release June Production Data
Enauta (ENAT3) and 3R Petroleum (RRRP3) released June production data after their business combination approval.
3R Petroleum averaged 51,800 barrels of oil equivalent (boe) daily across nine fields in June 2024, with 48,500 boe attributable to 3R.
In the Potiguar Complex, production declined by 2.8% compared to the previous month due to rain impacts in the region.
However, in the Recôncavo region, production increased by 1.9%, driven by higher gas demand, particularly in the Rio Ventura field.
Even (EVEN3) to Unlink 9.8 Million Shares of Melnick (MELK3)
Even (EVEN3) announced on Wednesday that its board of directors approved the unlinking and future sale of 9.8 million shares it holds in the developer Melnick (MELK3).
This decision means the shares will no longer be subject to the restrictions and obligations of the 2020 shareholders’ agreement and can be traded within or outside B3.
Oncoclinicas (ONCO3) Approves Capital Increase of R$1.5 Billion
Oncoclinicas (ONCO3) has approved a capital increase of R$1.5 billion ($275million), through the issuance of 115.4 million new common shares.
Out of this total, R$807.7 million ($148 million) was allocated to the capital reserve.
Oncoclinicas’ capital stock rose from R$2.454 billion ($450.5 million) with 527,481,598 shares to R$3.147 billion ($577.5 million) with 642,866,214 shares.
Following this increase, funds Quíron and Tessália now collectively hold approximately 11.97% of the company’s shares.
Bruno Lemos Ferrari, the CEO and Vice-Chairman of the Board, holds about 8.51%.
PDG Realty (PDGR3) Approves Reverse Stock Split at 10-to-1 Ratio
Shareholders of PDG Realty (PDGR3) approved a reverse stock split at a ratio of 10-to-1 during an Extraordinary General Meeting.
After a 30-day adjustment period, the consolidated shares will be traded, with any fractions auctioned on B3 within 10 business days. The consolidated shares will begin trading on August 12, 2024.
Cury (CURY3) Reports a 41.9% Increase in Launches in Q2
Cury (CURY3) reported Q2 2024 launches of R$1.734 billion ($319 million) in General Sales Value (GSV), up 41.9% from the previous year.
In the first half of 2024, launches reached R$3.619 billion ($664 million) GSV, marking a 37.0% growth from H1 2023.
The average price per unit in Q2 2024 was R$310,400 ($56,880), down 3.5% from Q2 2023 and 1.8% from Q1 2024, due to product mix.
Net sales in Q2 2024 reached R$1.7492 billion ($320 million), up 46.5% from Q2 2023 and 12.7% from Q1 2024.
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