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Eye on Ecopetrol

ECP’s bond issuance

Ecopetrol (NYSE: EC) recently made waves in the international market with its significant bond issuance.

Wednesday, January 24th, 2024
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Negative trend to Ecopetrol’s ratings outlook

In the wake of Colombia’s recent sovereign rating downgrade, S&P Global Ratings has extended its discerning eye to Ecopetrol (NYSE: EC).

Tuesday, January 23rd, 2024
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Ecopetrol’s plans for 2024

President Ricardo Roa shared Ecopetrol’s (NYSE: EC) investment outlook during his attendance at the World Economic Forum in Davos.

Monday, January 22nd, 2024
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Knowing MinHacienda expects a check

Knowing MinHacienda expects a check

Despite uncertain future cash flows as President Gustavo Petro dismantles everything the NOC has accomplished in the past 20 years and the whiff of scandal around CEO, Ricardo Roa, Ecopetrol’s share price is higher than it was when Petro was sworn in on August 8th, 2022. What do minority investors see that we poor mortal scribes do not?

Monday, January 22nd, 2024
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ECP’s key focus areas from 2024 to 2026

ECP’s key focus areas from 2024 to 2026

In its recently presented investment plan, Ecopetrol (NYSE: EC) outlines its commitment to maintaining an oil and gas production range between 725mboed and 730mboed for 2024 to 2026.

Thursday, January 18th, 2024
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Completion of Cupiagua plant maintenance

Ecopetrol (NYSE: EC) reported the successful completion of maintenance activities at the Cupiagua Gas Plant in Aguazul, Casanare, a day ahead of schedule.

Thursday, January 18th, 2024
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ECP’s statute reform

The Extraordinary Assembly has approved a 30% representation of women on the new Board of Directors (3 out of 9 members), along with relaxed requirements for those aspiring to join this body.

Wednesday, January 17th, 2024
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JEP’s acceptance of Ex-ECP security official

In a surprising move, the Jurisdicción Especial para la Paz (JEP), or Special Jurisdiction for Peace, accepted José Eduardo González Sánchez, a former captain in the National Army who served as the deputy head of security for Ecopetrol (NYSE: EC), into its jurisdiction.

Tuesday, January 16th, 2024
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ECP and sustainability practices

In 2023, Ecopetrol secured its position as one of the top three companies in the oil and gas sector for sustainability practices, as per the Dow Jones Sustainability Index (DJSI) results.

Monday, January 15th, 2024
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The Comprehensive Energy Company of Colombia

Whatever Gustavo Petro’s strengths as a politician might be (and we will leave that for another day), I would not hire him as a marketer. Who came up with “Empresa Integral de Energía de Colombia” as the new name for Ecopetrol? And what will it mean for the Colombian industry?

Monday, January 15th, 2024
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