Aval Asset Management raised its price target for Ecopetrol shares to CoP$2,950, a 27% increase over its prior valuation, though the firm maintains a neutral rating given ongoing operational and financial challenges.
An El Heraldo feature gathering multiple sector experts makes the case that Ecopetrol’s decline under the outgoing government reflects deliberate policy choices, not just market conditions: 13 consecutive quarters of falling profits, crude production down 2.7% to 725,200 bd, and a leadership scandal involving outgoing president Ricardo Roa.
The Comisión de Regulación de Energía y Gas (CREG) is moving to modernize how jet fuel is priced in Colombia, combining a regional stakeholder consultation tour with a formal regulatory proposal released within the same week.
The collaboration agreement between Ecopetrol and Parex Resources for joint development of the Casabe, Casabe Sur, Peñas Blancas, and Llanito fields in the Magdalena Medio took effect July 30th, after satisfying all suspensive conditions including approval from the Superintendencia de Industria y Comercio (SIC).
Petrobras and Ecopetrol confirmed a new natural gas discovery with the drilling of the Sandía-1 exploration well, located in the GUA-OFF-0 block in deep water offshore Colombia.
GeoPark completed a strategic reset in 2025, exiting Ecuador and Brazil to concentrate on two markets: Colombia as its cash-generating base and Argentina’s Vaca Muerta as its new growth engine in unconventional resources.
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