Azevedo & Travassos Energia swings to 2Q26 operating loss of R$ 2.8 million; revenue drops to R$ 903,000

Reuters2026/08/14 23:58

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Azevedo & Travassos Energia posted a net loss of R$ 2.48 million, with EBITDA at negative R$ 1.46 million.
Revenue totaled R$ 903,000, while gross margin came in at 28.35% with gross profit of R$ 256,000.
Total output rose 31.5% quarter-on-quarter to 9,705 boe; Phoenix assets production increased 5.8% to 4,772 boe.
Incorporated Andorinha Energia, adding Porto Carão and Barrinha assets; issued 10.25% of share capital to Petro-Victory.
CEO Ivan Carvalho said the quarter strengthened its strategy; transition of Barrinha and Porto Carão operations targets completion in 2H.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Azevedo & Travassos Energia SA published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Azevedo & Travassos Energia swings to 2Q26 operating loss of R$ 2.8 million; revenue drops to R$ 903,000

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