Alvopetro Posts Strong Q3 Growth as Brazil & Canada Play Heighten Analyst Interest

Calgary‑based oil and gas firm Alvopetro Energy Ltd (TSX‑V: ALV, OTC: ALVOF) delivered a robust Q3 performance, with average production reaching 2,343 barrels of oil equivalent per day (boe/d) — up 11% year‑over‑year — and revenues of US$14.2 million. The company’s October sales soared to a record 2,923 boe/d, bolstered by strong gas output and higher spot sales above contracted volumes. Analysts from Hannam Partners and Beacon Securities praised the company’s dual‑track strategy: growth via the Brazilian Murucututu field, including a standout 30‑day rate of 1,071 boe/d from the 183‑D4 well, and expansion of its Canadian Mannville heavy‑oil program. With realized Brazilian gas prices at US$11.04 per Mcf and operating netbacks near US$56 per boe — more than double peer averages — Alvopetro’s disciplined capital allocation and portfolio optimisation are turning heads. Analysts maintain buy ratings, citing cash‑flow strength, production growth and upside potential well into 2026. #OilAndGas #EnergyGrowth #Alvopetro #CanadaBrazilExpansion #SlimScan #GrowthStocks #CANSLIM