Core Insights - Ecopetrol has finalized negotiations to potentially acquire seven companies from Grenergy Renovables, which hold a total of 88.2 megawatt-peak (MWp) of solar projects in Colombia [1] - The acquisition is contingent upon fulfilling specific conditions and legal requirements, aiming to enhance Ecopetrol's renewable energy capacity towards its goal of 900MW of self-generated renewable energy [2][3] Group 1: Acquisition Details - The companies in Grenergy's portfolio are located in the Córdoba, Cesar, Magdalena, and Sucre departments, each with permits and assets for solar photovoltaic (PV) projects, estimated at 12.6MWp per project [1] - The acquisition aligns with Ecopetrol's strategy to diversify its energy mix and support its decarbonization objectives [2][3] Group 2: Strategic Goals - Ecopetrol aims to generate low-emission energy for its own use, reducing reliance on bilateral energy contracts and exposure to spot market prices [3] - The company currently accounts for over 60% of hydrocarbon production in Colombia and is involved in power transmission across several South American countries [4]

Investment Plan Overview - Ecopetrol has announced its annual investment plan for 2026, with a budget ranging from 22 trillion to 27 trillion pesos ($5.8 billion to $7.2 billion) [1] - The investment in exploration and production is projected to be 14 trillion pesos, with 89% allocated to crude oil and 11% to gas [1] Production Targets - The company aims for an organic production target of 730,000 to 740,000 barrels of oil equivalent per day (boepd), consisting of 80% crude oil, 15% gas, and 5% white products [1] - Crude oil output is expected to increase, compensating for declines in natural gas fields [2] Drilling and Exploration - Ecopetrol plans to drill between 380 and 430 development wells in 2026, with 95% located in Colombia and 5% in the US [2] - The company will also conduct eight to ten exploratory wells in Colombia, focusing on offshore regions and the Meta and Putumayo areas [2] Gas Investment - A total of 1.5 trillion pesos is allocated for gas investments, particularly in the Llanos Foothills and offshore zones to support Caribbean gas projects, aiming for production of approximately 105,000 to 110,000 boepd [3] Transport Infrastructure - The planned investment in transport infrastructure is 1.5 trillion pesos, representing 6% of the total budget, aimed at maintaining the integrity and reliability of assets managed by Cenit, Ocensa, ODC, and ODL [3] Refining Investments - Refining investments are expected to reach nearly 1.7 trillion pesos, accounting for 7% of the overall budget, to reduce product imports and enhance fuel quality [4] - Funds will be allocated to the Barrancabermeja and Cartagena refineries, with a projected combined throughput of 410,000 to 420,000 barrels per day (bpd) [4] Leadership Changes - Ecopetrol's Board of Directors has elected Ángela María Robledo Gómez as chairwoman and Álvaro Torres Macías as vice-chairman [5] - Guillermo García Realpe will resign from his position as an independent director effective December 12, 2025, for personal reasons [5]

Core Insights - Ecopetrol has successfully negotiated the potential acquisition of seven companies from Grenergy Renovables S.A. in Colombia, which are involved in solar photovoltaic projects with a total estimated renewable energy generation capacity of approximately 12.6 MWp per project [1][2]. Group 1: Acquisition Details - The acquisition involves companies located in the departments of Córdoba (3), Cesar (2), Magdalena (1), and Sucre (1) [1]. - The transaction is subject to certain conditions precedent and legal requirements before finalization [2][4]. Group 2: Strategic Goals - Upon completion, the acquisition will help Ecopetrol advance its decarbonization and energy transition goals, contributing to its target of 900 MW of self-generated renewable energy [3]. - These initiatives are aligned with Ecopetrol's 2040 Strategy, "Energy that Transforms," and aim to enhance the company's energy matrix while supporting low-emission energy generation for self-consumption [3]. Group 3: Company Overview - Ecopetrol is the largest company in Colombia and a major integrated energy player in the Americas, responsible for over 60% of the country's hydrocarbon production [5]. - The company has significant operations in energy transmission, drilling, and exploration across various countries in the Americas, including the United States, Brazil, and Mexico [5].

Ecopetrol S.A. (NYSE:EC) , based in Colombia, on Friday disclosed that its board targets investments of COP 22 trillion ($5.9 billion) and COP 27 trillion ($7.2 billion) for 2026. • EC shares are showing limited movement. Get the complete picture here.The plan maintains investment broadly in line with projected 2025 year-end levels, following disciplined capital allocation across all business lines.DetailsOf the 2026 investment plan, the company expects to use roughly COP 17.2 trillion (about 70% of the tot ...

Accessibility StatementSkip Navigation 21% BOGOTA, Colombia, Nov. 28, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL;Â NYSE: EC) ("Ecopetrol" or the "Company" and together with its subsidiaries, the "Ecopetrol Group") announces that, during its meeting held on November 27, 2025, the board of directors elected Ãngela MarÃa Robledo Gómez as Chairwoman and Ãlvaro Torres MacÃas as Vice Chairman of the Board. Additionally, Ecopetrol reports that, through a communication dated November 27, 2025, Dr. Guillerm ...

Accessibility StatementSkip Navigation Bogota D.C, Nov. 28, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL;Â NYSE: EC) ("Ecopetrol" and together with its subsidiaries, the "Ecopetrol Group") announces that its board of directors has approved the Ecopetrol Group's Annual Investment Plan for 2026 (the "2026 Annual Investment Plan"), with an amount ranging between COP 22 and 27 trillion. This plan maintains investment levels compared to the projected 2025 year-end figures, under capital discipline criteri ...

Colombian state-run energy company Ecopetrol will invest between 22 trillion and 27 trillion pesos ($5.88 billion to $7.21 billion) in 2026, the company said in a statement published late on Thursday. ...

The share price of Ecopetrol S.A. (NYSE:EC) fell by 5.46% between November 19 and November 26, 2025, putting it among the Energy Stocks that Lost the Most This Week. Ecopetrol (EC) Falls Following Q3 Results Ecopetrol S.A. (NYSE:EC) is among the largest companies in Colombia and one of the leading integrated energy groups on the American continent, with more than 19,000 employees. Ecopetrol S.A. (NYSE:EC) fell short on profit expectations in its Q3 results announced on November 13, with the company’s ne ...

Core Insights - A major oil producer is currently trading at a valuation that suggests it may cease to exist within a decade, which is an unusual situation for such companies [1] - The company is also noted for paying a significant dividend, which adds to the complexity of its valuation [1] Group 1 - The valuation implies a potential existential risk for the oil producer, indicating market skepticism about its long-term viability [1] - The rarity of such a situation highlights the unique challenges faced by major oil producers in the current economic environment [1]

Core Viewpoint - Colombian state-run energy company Ecopetrol has issued a warning regarding potential risks to natural gas supply in the northern and central regions of Colombia due to a roadblock at its Guajira field [1] Company Summary - Ecopetrol is currently facing challenges in maintaining natural gas supply due to an ongoing roadblock affecting operations at the Guajira field [1]