Impressive growth for oil & gas companies in the region: the Multilatina Index 1Q22

Petrobras doubled its revenues from last year, Petroperu grew more than threefold, and Colombia’s Ecopetrol had an 89% year on year leap in revenues. The region’s oil & gas companies are the big winners of the latest Multilatina Index. The ranking lists the Latin American companies that sell more than US$500 million. There are five Brazilian multilatinas on the top 10, followed by three Mexican companies, Ecopetrol from Colombia and Copec from Chile. Transportation services also had a great quarter, with five companies out of eight growing more than 100%, with airlines Gol, Latam and Aeromexico posting record revenues. Food and beverage companies also had a terrific quarter, with five companies from this sector on the top 20. Brazil’s JBS […]

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