CEO of Enauta states that the company is in a new phase of growth, but already envisions a promising future for Brazil with the growth of renewable energy and the oil market.

Enauta is experiencing a phase of growth in the oil and gas market, transformation and change in its strategy, already targeting the scope of global energy transition, towards renewable energy sources.

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Enauta CEO wins award at the Melhores da Bolsa 2020 event

CEO of Enauta, Décio Oddone, participating in the Melhores da Bolsa 2020 event by Infomoney and Stock Pickers, wins as the best oil and gas company, standing out in its main focus, which is to preserve cash and carry out major studies before operations in the oil field, which soon brought the company a good position in the renewable energy segment in recent years.

“This award came at a good time, with a lot of positivity for us. At the same time that the market is renewing itself and moving towards renewable energy, so is the company”, says the president of Enauta during the online event, which will last until the 26th of Thursday.

Oddone says that risks of unproductivity do not exist for his company

Oddone made a comparison with businessman Eike Batista's old OGX, which at the beginning seemed very promising, however, began to show several failures in its production fields, and he claims that this risk is non-existent for his company, even more so now with the arrival of renewable energy in the Brazilian market.

According to the CEO of Enauta, what happened in the past was a wave of IPOs of gas and oil, and that Enauta was and is the only one that survived as a result of that period.

Enauta's CEO points out that the company's focus in recent years has been to maintain cash and invest in renewable energy

Oddone highlights in recent years that the focus of the company was to maintain its cash. “Enauta will not waste cash on oil fields that may be empty”, he says, noting that in mid-2011 and 2013 there were no opportunities for acquisition in the renewable energy niche, as almost all the fields were in possession from Petrobras.