On Friday, August 14, 2026, Azevedo & Travassos Energia (AZTE3) released its results for the second quarter of 2026 (2Q26), reporting a net loss of R$ 2,484 thousand. In the period, net revenue totaled R$ 903 thousand and gross profit reached R$ 256 thousand, resulting in a gross margin of 28.35%.
In operating performance for 2Q26, operating income was a negative R$ 2,799 thousand and financial result was a negative R$ 322 thousand. EBITDA (earnings before interest, taxes, depreciation and amortization) was a negative R$ 1,461 thousand, while operating cash flow showed an outflow of R$ 840 thousand.
Operating costs and expenses totaled R$ 647 thousand and R$ 3,055 thousand, respectively. Investments (CAPEX) in the quarter amounted to R$ 3,498 thousand, reflecting contributions to development projects and operational adjustments.
As of June 30, 2026, the company had bank debt of R$ 7,279 thousand, with various maturities. In the first half of 2026, the consolidated result indicated a loss of R$ 4,956 thousand, equivalent to R$ 0.14 per share, after current income tax and social contribution of R$ 49 thousand and deferred tax of R$ 1,431 thousand.
Among corporate events, on June 17, 2026, Azevedo & Travassos Energia approved at an Extraordinary General Meeting the merger of Andorinha Energia Ltda., thereby acquiring Petro-Victory’s interest in a contract to purchase 12 oil fields in the Porto Carão and Barrinha Clusters, 100% of the Andorinha Field, and 100% of six exploratory blocks in the Potiguar Basin.
