Alvopetro Energy
Alvopetro Energy is an independent energy company focused on natural gas exploration and production in Bahia, Brazil, with strategic midstream infrastructure and a processing capacity of 420,000 m3/day.
Dividend Policy
Alvopetro Energy offers a quarterly dividend to its shareholders. The company's first dividend was initiated on September 21, 2021. All dividends are declared and paid in U.S. dollars. For Canadian income tax purposes, dividends paid on common shares are designated as 'eligible dividends'.
Operations in Brazil
Alvopetro Energy operates as an independent upstream and midstream operator in Brazil. The company focuses on unlocking the onshore natural gas potential in the state of Bahia. Its notable projects include the Caburé and Murucututu natural gas developments. Alvopetro also manages strategic midstream infrastructure within the region.
Natural Gas Projects
Alvopetro Energy is involved in developing significant natural gas projects in Brazil. The Caburé and Murucututu projects are central to the company's operations. They enhance Alvopetro's capacity to exploit onshore natural gas resources, contributing to the energy needs of the region. Notably, the UPGN Caburé facility has a processing capacity of 420,000 m3/day.
Stock Market Listings
Alvopetro Energy shares are listed on multiple stock exchanges. On the TSX Venture Exchange, the shares trade under the symbol ALV.V. Additionally, the company's shares are available for trading on the OTCQX Best Market under the symbol ALVOF. These listings provide accessible investment opportunities to a broad range of investors.
Corporate Offices
Alvopetro Energy maintains several corporate offices to support its operations. The company has offices located in Calgary, Alberta, Canada; Salvador, Bahia, Brazil; and Belo Horizonte, Brazil. These offices enable Alvopetro to effectively manage its projects and maintain operational efficiency.