• Brava Energia published its 2Q26 results presentation for BRAV3, highlighting average production of 82 kboe/d, up 8% vs 1Q26.
• Net revenue reached USD 712 million, up 20% quarter-on-quarter; adjusted EBITDA totaled USD 351 million, up 14%.
• Lifting cost was USD 16.3/boe excluding chartering; cash position stood at USD 965 million; free cash flow was USD 24 million.
• Net leverage was 1.97x net debt/EBITDA, or 1.55x excluding hedge impact; net debt cost fell to 7.86% from 8.70%.
• The Ecopetrol-led tender offer was completed Aug. 5, with settlement scheduled for Aug. 17, 2026.

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