Ecopetrol

Ecopetrol SA engages in the exploration, development, and production of crude oil and natural gas. It operates through the following segments: Exploration and Production, Transportation and Logistics, and Refining and Petrochemicals. The Exploration and Production segment deals with oil and gas exploration and production activities. The Transportation and Logistics segment comprises of pipelines and other transportation activities. The Refining and Petrochemicals segment involves in refining activities and its products include motor fuels, fuel oils, and petrochemicals. The company was founded in 1948 and is headquartered in Bogota, Colombia.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Ecopetrol excels in Q2 with strong financials and sustainability focus

Ecopetrol's Q2 performance reflects financial strength, operational resilience, and commitment to sustainability and innovation.
Challenges include environmental factors, gasoline imports, and limited refining capacity growth opportunities in Colombia.
Opportunities exist in resolving disputes, aligning fuel prices, and investing in low-emission businesses for future growth and competitiveness.
Debt refinancing, capital allocation plans, and market monitoring demonstrate financial prudence and strategic planning by Ecopetrol.

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BOGOTA, Colombia , Sept. 29, 2022 /PRNewswire/ -- Ecopetrol S.A.

Ecopetrol made a disbursement of a USD 1.2 billion credit facility for the early prepayment of the loan entered into for the acquisition of ISA

BOGOTÁ, Colombia , Sept. 23, 2022 /PRNewswire/ -- Ecopetrol S.A.

Ecopetrol Group presents its second specialized report on climate change management following the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD)

Following a tumultuous June election, Colombia's energy stocks have faced headwinds. Ecopetrol has a very cheap valuation and high yield, but price action suggests more downside.

Ecopetrol: Political Risks Are High, Shares Remain In A Downtrend

BOGOTA, Colombia , Aug. 25, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that Moody's Investors Service ("Moody's") affirmed Ecopetrol S.A.

Moody's affirms Ecopetrol's investment grade ratings and outlook and downgrades its BCA

BOGOTA, Colombia , Aug. 16, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) hereby informs that, on the occasion of its withdrawal from the electric energy commercialization activities, derived from the acquisition of 51.4% of the outstanding shares of Interconexión Eléctrica S.A.

Ecopetrol S.A. enters into an electric energy commercialization agreement with Gecelca S.A.

BOGOTA, Colombia , Aug. 10, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Gorgon-2 well proved the presence of gas in ultra-deep waters in the southern Colombian Caribbean, confirming the importance of this province for gas exploration in this area of the country.

Drilling of ultra-deep-water Gorgon-2 well confirms the extension of the gas province in the Colombian Caribbean

Ecopetrol S.A. (NYSE:EC ) Q2 2022 Earnings Conference Call August 4, 2022 11:00 AM ET Company Participants Felipe Bayon - Chief Executive Officer Yeimy Baez - Vice President, Low Emission Solutions Alberto Consuegra - Chief Operating Officer Jaime Caballero - Chief Financial Officer Pedro Gutierrez - Vice President of Commercial & Marketing Conference Call Participants Bruno Montanari - Morgan Stanley Luiz Carvalho - UBS Andrew McCarthy - Credicorp Capital Anne Milne - Bank of America Badr El Moutawakil - Barclays Declan Hanlon - Santander Operator Welcome to Ecopetrol's Earnings Conference Call, in which we will discuss the main financial and operational results for the second quarter 2022.

Ecopetrol S.A. (EC) CEO Felipe Bayon on Q2 2022 Results - Earnings Call Transcript

BOGOTÁ, D.C., Aug. 4, 2022 /PRNewswire/ -- Ecopetrol S.A.

Ecopetrol Group Announces Second Quarter 2022 Results

BOGOTA, Colombia , July 29, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces the discovery of a natural gas accumulation in the Uchuva-1 exploratory well in the Tayrona Block, drilled in Colombian deep waters, in which Petrobras acts as operator with a 44.4% stake and Ecopetrol with a 55.6% stake.

Ecopetrol announces deepwater gas discovery in Colombia

BOGOTÁ, Colombia , July 28, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Wednesday, August 3, 2022, after market close, it will release its financial and operating results for the second quarter of 2022.

Ecopetrol announces the publication date of its second-quarter earnings report and conference calls

BOGOTÁ, Colombia , July 22, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, effective as of August 18, 2022, Mónica Jiménez, Vice President of Corporate Affairs and Secretary General, has decided to resign from the Company, to take on a new professional challenge with another company.

Ecopetrol informs the resignation of Vice President of Corporate Affairs and Secretary General

Gustavo Petro's presidential election win on June 19 signals a more interventionist approach towards Ecopetrol and more broadly to the regulation of the oil and gas sector. Colombia's institutional constraints would make it difficult for Petro's incoming administration to implement policy changes.

Ecopetrol's Political Risks May Be Overstated

Colombia elected a leftist anti-oil president, which isn't good news for the state-run oil company.

Why Ecopetrol Stock Is Plunging on a Strong Day for the Markets

BOGOTÁ, June 21, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that, at the Extraordinary General Shareholders' Meeting held on June 17, 2022, the Company's Shareholders approved the modification of the: i) deadline for the payment of dividends to the Nation, approved in the ordinary session of March 30, 2022, from September 30 to October 31, 2022.

Partial Distribution of occasional reserve and modification of the dividend payment schedule for the majority shareholder

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BOGOTÁ, June 13, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, given the resignation of Juan Emilio Posada Echeverri from the Board of Directors of the company, the board, in its session on June 9, 2022, approved the new members of the Business Committee, which is formed as follows: BUSINESS COMMITTEE Carlos Gustavo Cano Hernando Ramirez Sergio Restrepo Esteban Piedrahita Cecilia Maria Velez Note: In bold is the Director who chairs the Committee.

Establishment of the Business Committee of the Board of Directors of Ecopetrol S.A.

BOGOTÁ, Colombia , June 8, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that Juan Emilio Posada Echeverri resigned as an independent member of the Board of Directors of the Company on June 6, 2022.

Resignation of Ecopetrol's Board Member

BOGOTA, Colombia , June 1, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that to comply with the provisions of Part III Title I Chapter VI of the Basic Legal Circular issued by the Financial Superintendence of Colombia (E.C.

Ecopetrol publishes measures to guarantee the adequate representation of its Shareholders at the extraordinary General Shareholders' Meeting to be held on June 17, 2022

BOGOTA, Colombia , June 1, 2022 /PRNewswire/ -- In connection with the convening of an Extraordinary Shareholders' Meeting of Ecopetrol S.A. (the "Company") requested by the majority shareholder (the Ministry of Finance and Public Credit of Colombia, or the "Nation"), for the purpose of submitting a proposed modification to the Company's occasional reserve and its subsequent distribution as an extraordinary dividend, which was published by this same means today, Ecopetrol S.A.

Ecopetrol S.A.: Distribution of the occasional reserve that will be submitted to the consideration of the Shareholders' Meeting

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Ecopetrol S.A. (NYSE:EC ) Q1 2022 Earnings Conference Call May 11, 2022 11:00 AM ET Company Participants Felipe Bayon - CEO Alberto Consuegra - COO Jaime Caballero - CFO Yeimy Baez - Vice President, Gas Pedro Gutierrez - Vice President of Commercial & Marketing Nicolas Azcuenaga - Vice President of New Businesses and Strategy Conference Call Participants Anne Milne - Bank of America Andrew McCarthy - Credicorp Capital Luis Carvalho - UBS Barbara Halberstadt - JPMorgan Badr El Moutawakil - Barclays Hernan Goicochea - LatinFinance Andres Cardona - Citigroup Andres Duarte - Corficolombiana Operator Good morning.

Ecopetrol S.A. (EC) CEO Felipe Bayon on Q1 2022 Results - Earnings Call Transcript

BOGOTA, Colombia , May 11, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday May 10 th, 2022, after market close, it will release its financial and operating results for the first quarter 2022.

Ecopetrol announces the dates of the publication of its first quarter 2022 earnings report and conference calls

BOGOTÁ, Colombia , May 10, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announced today the Ecopetrol Group's financial results for the first quarter of 2022.

Ecopetrol Group announces first quarter 2022 Results

BOGOTÁ, Colombia , May 4, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Agencia Nacional de Licencias Ambientales (ANLA) notified on May 3 rd, 2022 through Resolution 881 that Ecopetrol had been declared responsible of undertaking during the construction phase of the hydrocarbon transportation Poliducto Andino project, works that were not covered by the environmental license.

Ecopetrol informs about a sanction imposed by ANLA in connection with the construction phase of Poliducto Andino

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