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Ecopetrol acquires 51% controlling stake in Brava Energia for US$ 1.2 billion
Ecopetrol has finalized its acquisition of a 51% controlling interest in the Brazilian oil and gas company Brava Energia S.A. The transaction, valued at approximately US$ 1.2 billion, was executed through Ecopetrol Investimentos do Brasil LTDA.
The acquisition was completed in two main stages: a voluntary tender offer on the B3 stock exchange in Brazil, which secured approximately 25% of the company, and a private share purchase agreement for an additional 26%. The deal was financed via an intercompany loan from Ecopetrol Capital AG.
Through this acquisition, Ecopetrol significantly expands its upstream presence in Brazil. Brava Energia brings a substantial portfolio to the group, including estimated proved reserves (1P) of 459 million barrels of oil equivalent (mmboe) and proved plus probable reserves (2P) of 605 mmboe. For the first half of 2026, Brava reported an average production of approximately 78,800 barrels of oil equivalent per day, rising to 84,400 boed in June.
Financial data for Brava Energia for the 12 months ending June 30, 2026, shows unaudited revenue of approximately US$ 2.34 billion, an EBITDA of US$ 1.05 billion, and a net income of US$ 122.2 million. Ecopetrol has scheduled a conference call for August 25, 2026, to discuss the transaction.
Entities
B3 · Brava Energia · Ecopetrol · Ecopetrol Capital AG · Ecopetrol Investimentos do Brasil · Ecopetrol Investimentos do Brasil LTDA
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Ecopetrol scheduled a conference call for August 25, 2026, to discuss the transaction. www.stocktitan.net
- [● 3 SOURCES] Brava Energia reported an average production of approximately 78,800 barrels of oil equivalent per day for the first half of 2026. www.oilandgas360.com · www.stocktitan.net · pulse2.com
- [● 6 SOURCES] The total value of the transaction was approximately US$ 1.2 billion. alemdofato.uai.com.br · 360radio.com.co · www.oilandgas360.com · www.stocktitan.net · pulse2.com · +1 more
- [● 7 SOURCES] Ecopetrol completed the acquisition of a 51% controlling stake in Brava Energia S.A. alemdofato.uai.com.br · 360radio.com.co · guiadoinvestidor.com.br · www.oilandgas360.com · www.stocktitan.net · +2 more
- [● 3 SOURCES] The 51% stake was acquired through a combination of a voluntary tender offer on the B3 exchange and a private share purchase agreement. www.oilandgas360.com · www.stocktitan.net · pulse2.com
- [● 4 SOURCES] The acquisition was funded via an intercompany loan from Ecopetrol Capital AG. 360radio.com.co · www.oilandgas360.com · www.stocktitan.net · pulse2.com
- [● 5 SOURCES] Brava Energia has estimated proved reserves (1P) of 459 million barrels of oil equivalent (mmboe). alemdofato.uai.com.br · 360radio.com.co · www.oilandgas360.com · www.stocktitan.net · pulse2.com
- [● 5 SOURCES] Brava Energia reported revenue of approximately US$ 2.34 billion and an EBITDA of US$ 1.05 billion for the 12 months ending June 30, 2026. alemdofato.uai.com.br · 360radio.com.co · www.oilandgas360.com · www.stocktitan.net · pulse2.com