Brava Energia swings to Q3 2026 net loss of BRL 156 million year-on-year
EC•Brava Energia reported a third-quarter 2026 net loss of BRL 156 million, mainly due to noncash oil-hedge charges. Net revenue rose 11% year over year to BRL 3.39 billion, while average production fell 10% to 82,400 barrels of oil equivalent per day.
1. Quarterly results
Brava Energia swung to a third-quarter 2026 net loss of BRL 156 million, mainly due to noncash oil-hedge charges. Net revenue rose 11% year over year to BRL 3.39 billion, capital expenditure fell 13% quarter over quarter to BRL 664 million, and average production dropped 10% year over year to 82,400 barrels of oil equivalent per day.
2. Integration plans
Integration with new controlling shareholder Ecopetrol began, targeting operational and commercial synergies and stronger capital discipline.
