Fitch Ratings maintains Ecopetrol's overall credit rating at BB+ and stable outlook.
Ecopetrol S.A. American Depositary Shares (EC)
US:NYSE Investor Relations:
ecopetrol.com.co/wps/portal/web_es/ecopetrol-web/corporate-responsibility/sustainability/bank-of-best-practices/investors
Company Research
Source: PR Newswire
BOGOTA, Colombia, Nov. 8, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company" or "Ecopetrol") informs that Fitch Ratings reported on November 6, 2024, that it has maintained the global credit rating of the Company at BB+ with a stable outlook. Additionally, the agency has downgraded the Standalone Credit Profile ("SCP") from 'bbb' to 'bbb-' and affirmed the national long-term and short-term ratings of Ecopetrol at 'AAA (col)' with a Stable Outlook and 'F1+(col)', respectively.Fitch noted that the global rating of 'BB+' reflects the stable operational condition of the Company as the leading producer of oil and gas in Colombia, as well as its significant energy transmission business in Colombia and other Latin American countries through its subsidiary Interconexión Eléctrica S.A. E.S.P -ISA. The agency indicated Ecopetrol's strategic importance and ability to maintain a solid financial profile.The evaluation of the aforementioned factors and the other consider
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EC
News
- Turmoil at Colombia's Ecopetrol raises profit fears ahead of US investment decision [Yahoo! Finance]Yahoo! Finance
- Ecopetrol announces changes in senior management and the appointment of a legal representative [Yahoo! Finance]Yahoo! Finance
- Ecopetrol announces changes in senior management and the appointment of a legal representativePR Newswire
- Parex Resources Announces Enhanced Strategic Partnership with Ecopetrol and Provides Operational Update [Yahoo! Finance]Yahoo! Finance
- Ecopetrol Plans to Build Latin America's Largest Green Hydrogen Plant [Yahoo! Finance]Yahoo! Finance
EC
Sec Filings
- 12/16/24 - Form 6-K
- 12/2/24 - Form 6-K
- 12/2/24 - Form 6-K
- EC's page on the SEC website