Alvopetro Energy (TSXV:ALV)

Exclusive Interview with Alvopetro Energy CEO Corey Ruttan

In a recent interview with Alvopetro Energy (TSXV:ALV,OTCQX:ALVOF) President and CEO Corey Ruttan, he expressed confidence that his company is set to become a key player in Brazil’s open gas market.

Alvopetro's natural gas sales increased to 187 percent in October of this year, according to the company. With higher overall sales volumes, revenue rose to $12.9 million, an increase of $0.6 million from Q3 2023 and $2.2 million from Q2 2024.

To date, Alvopetro’s production accounts for roughly 13 percent of the natural gas produced in Bahia, and with investments already made in its gas production infrastructure and pipelines, any new natural gas discoveries moving forward can be quickly converted into production and cashflow.

Watch the full interview with Alvopetro Energy President and CEO Corey Ruttan.

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Alvopetro Energy (TSXV:ALV)

Alvopetro Energy


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Alvopetro Announces Annual Long-term Incentive Grants

Alvopetro Announces Annual Long-term Incentive Grants

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) ("Alvopetro" or the "Company") announces the annual rolling grants of long-term incentive compensation to officers, directors and employees under Alvopetro's Omnibus Incentive Plan. A total of 251,000 stock options, 213,000 restricted share units ("RSUs") and 68,000 deferred share units ("DSUs") were granted on November 15, 2024 . Of the total grants, 163,000 RSUs and 68,000 DSUs were granted to directors and officers, with no stock options granted to any director or officer. Each stock option, RSU and DSU entitles the holder to purchase one common share. Each stock option granted has an exercise price of C$4.89 being the volume weighted average trading price of Alvopetro's shares on the TSX Venture Exchange for the five (5) consecutive trading days up to and including November 15, 2024 . All stock options, RSUs and DSUs granted expire on November 15, 2029 .

News Provided by Canada Newswire via QuoteMedia

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Alvopetro Announces Q3 2024 Results and an Operational Update

Alvopetro Announces Q3 2024 Results and an Operational Update

Alvopetro Energy Ltd. (TSXV:ALV) (OTCQX: ALVOF) ("Alvopetro" or the "Company") announces October 2024 sales volumes, an operational update and financial results for the three and nine months ended September 30, 2024 . We will host a live webcast to discuss Q3 2024 results on Thursday, November 7, 2024 at 8:00 am Mountain time .

All references herein to $ refer to United States dollars, unless otherwise stated and all tabular amounts are in thousands of United States dollars, except as otherwise noted.

News Provided by Canada Newswire via QuoteMedia

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Alvopetro Announces Upcoming Investor Conference

Alvopetro Announces Upcoming Investor Conference

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) ("Alvopetro" or the "Company") announces that Corey C. Ruttan, President and Chief Executive Officer, will present at the Schachter Catch the Energy Conference on Saturday October 19, 2024.

Date:October 19, 2024
Time:10:20 am to 10:55 am (Mountain time)
Location:Mount Royal University (4825 Mt Royal Gate SW, Calgary, Alberta)
Bella Concert Hall & Ross Glen Hall (Presentation Room 2)
Tickets:https://gravitypull.swoogo.com/catchtheenergy2024

News Provided by Newsfile via QuoteMedia

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Alvopetro Announces September 2024 Sales Volumes and an Operational Update

Alvopetro Announces September 2024 Sales Volumes and an Operational Update

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces September 2024 sales volumes and an operational update.

President & CEO, Corey C. Ruttan commented:

News Provided by Canada Newswire via QuoteMedia

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Alvopetro Announces Q3 2024 Dividend of US$0.09 Per Share

Alvopetro Announces Q3 2024 Dividend of US$0.09 Per Share

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces that our Board of Directors has declared a quarterly dividend of US$0.09 per common share, payable in cash on October 15, 2024 to shareholders of record at the close of business on September 30, 2024 . This dividend is designated as an "eligible dividend" for Canadian income tax purposes.

Dividend payments to non-residents of Canada will be subject to withholding taxes at the Canadian statutory rate of 25%.  Shareholders may be entitled to a reduced withholding tax rate under a tax treaty between their country of residence and Canada.  For further information, see Alvopetro's website at https://alvopetro.com/Dividends-Non-resident-Shareholders .

News Provided by Canada Newswire via QuoteMedia

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Oil and Gas Price Forecast: Top Trends That Will Affect Oil and Gas in 2025

In 2024, the oil and gas markets were shaped by several significant trends including shifting demand, geopolitical turmoil and rising production.

As the two key oil benchmarks (Brent and West Texas Intermediate) struggled to maintain price gains made throughout the year the natural gas market was able to register a 55 percent increase between January and the end of December.

Starting the year at US$75.90 per barrel Brent Crude prices rallied to a year-to-date high of US$91.13 on April 5, 2024. Values sunk to a year-to-date low of US$69.09 on September 10. By late December prices were holding in the US$72.40 range.

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5 Best-performing Canadian Oil and Gas Stocks in 2024

The 2024, the oil market experienced notable fluctuations influenced by global economic trends and geopolitical events. Early in the year, prices remained relatively stable, with Brent crude averaging around US$80 per barrel.

However, as the year progressed, several factors contributed to increased volatility. A significant slowdown in China's economy led to reduced demand growth, prompting the International Energy Agency (IEA) to revise its global oil demand growth estimate for 2024 down to 910,000 barrels per day.

Simultaneously, global oil production saw modest increases. The IEA also reported a rise of 0.6 million barrels per day in global liquid fuels production for 2024, with non-OPEC+ countries contributing significantly to this uptick.

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Hydrogen's Role in Addressing Australia’s Energy Crisis

Faced by challenges of a continuing energy crisis, Australia stands at a pivotal crossroads in its transition towards a low-carbon future. This article delves into the critical role that clean hydrogen could play in addressing Australia's energy challenges.

For investors, understanding these developments is crucial, as they represent not only a shift in national energy policy but also significant opportunities in an emerging market.

Australia’s energy crisis is characterised by gas shortages and soaring prices that have persisted into 2023. This predicament stems from a combination of factors, including delayed maintenance of generation plants, flooding of coal mines, high international prices for natural gas and coal and increased demand during colder weather. These pressures have caused substantial disruptions in the energy supply chain, severely affecting the stability of the country's east coast energy market.

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Prospectus Update - Permission to Issue Shares

Prospectus Update - Permission to Issue Shares

Jupiter Energy (JPR:AU) has announced Prospectus Update - Permission to Issue Shares

Download the PDF here.

Alvopetro Energy (TSXV:ALV)

Alvopetro Announces November 2024 Sales Volumes, Sales Contract Update, and Q4 2024 Dividend

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces November 2024 sales volumes, an update to our long-term natural gas sales agreement, and our Q4 2024 dividend.

President & CEO, Corey C. Ruttan commented:

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Source Rock Royalties

Source Rock Royalties


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Alvopetro Energy

Alvopetro Energy Investor Kit

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  • Insights
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  • Upcoming projects

GET YOUR FREE INVESTOR KIT

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