My view of Ecopetrol (NYSE: EC ) (TSX: ECP:CA ) started pessimistic and turned optimistic over time. Today, I am investigating the company for the third time, and I am again somewhat less confident than in the last article. Still, at theMy focus is on a total return style with long and short positions (10-30% short positions). My main expertise is the current technological and geopolitical shift with the amazing investment opportunities they offer. Therefore, I always try to find stocks or whole sectors wit ...

BOGOTA, Colombia, Nov. 21, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company") informs that today it completed the redemption of the aggregate principal amount outstanding of its 5.375% notes due 2026, which were originally issued in 2015. The repurchase price of this bond was USD 1,007.63 for each USD 1,000 of principal outstanding, amounting to USD 450,579,892 for the aggregate principal amount outstanding, plus accrued interest up to the date.With this early payment, the aggreg ...

BOGOTA, Colombia, Nov. 20, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol") reports that it has published its fourth TCFD report covering developments from 2023 and the first half of 2024. The report highlights progress in strengthening climate-related risk and opportunity management processes through discussions on Governance, Strategy, Risks and Metrics and Targets.Consistent with international best practices, Ecopetrol has published this fourth report following the recommendat ...

OPUVIZ™ is one of the first wave aflibercept biosimilars in EuropeOPUVIZ is the second European Commission (EC)-approved ophthalmology biosimilar under Samsung Bioepis and Biogen’s partnershipEC approval based on robust totality of evidence confirming biosimilarity to reference aflibercept in terms of quality, efficacy, and safety INCHEON, South Korea and CAMBRIDGE, Mass., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Samsung Bioepis Co., Ltd. and Biogen Inc. (Nasdaq: BIIB) today announced that the European Commission ...

Ecopetrol S.A. (NYSE:EC) Q3 2024 Earnings Conference Call November 14, 2024 9:00 AM ET Company Participants Ricardo Roa - Chief Executive Officer Rafael Guzman - Acting Executive Vice President, Hydrocarbons David Riano - Executive Vice President, Transition Energy Camilo Barco - Chief Financial Officer Julián Lemos - Acting Vice President, Strategy & New Businesses Sandra RodrÃguez - Corporate Vice-President of Territorial Javier Cardenas - Chief Value Officer Conference Call Participants Katherine Ortiz - ...

FINANCIAL RESULTS 3 RD Quarter /2024 eCoPeTROL Chuchupa Gas well Legal disclosure Financial Results This document was prepared by Ecopetrol S.A. (the "Company" or "Ecopetrol") with the purpose of providing the market and interested parties certain financial and other information of the Company. This document may include strategy discussions and forward-looking statements regarding the probable development of Ecopetrol's business. Said projections and statements include references to estimates or expectation ...

Credit Rating and Financial Profile - Fitch Ratings maintained Ecopetrol's global credit rating at BB+ with a stable outlook, reflecting the company's stable operational condition and strategic importance [1][2] - The Standalone Credit Profile (SCP) was downgraded from 'bbb' to 'bbb-', but remains within the Investment Grade range and above the company's global rating [1][3] - Ecopetrol's national long-term and short-term ratings were affirmed at 'AAA (col)' with a Stable Outlook and 'F1+(col)', respectively [1] Operational and Strategic Position - Ecopetrol is the leading producer of oil and gas in Colombia, responsible for over 60% of the country's hydrocarbon production [4] - The company has a significant energy transmission business in Colombia and other Latin American countries through its subsidiary Interconexión Eléctrica S A E S P - ISA [2] - Ecopetrol holds leading positions in petrochemicals, gas distribution, and power transmission businesses in Brazil, Chile, Peru, and Bolivia [4] International Presence and Subsidiaries - Ecopetrol has strategic operations in the United States (Permian basin and Gulf of Mexico), Brazil, and through ISA, in Chile, Peru, and Bolivia [4] - The company acquired 51 4% of ISA's shares, expanding its involvement in energy transmission, real-time systems management, and road concessions [4] - Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with over 19,000 employees [4]

BOGOTA, Colombia, Nov. 7, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company") informs that, as previously announced, on Thursday, November 14, 2024, the Company's management will hold a single virtual conference with broadcasts in Spanish and English to discuss its financial and operating results for the third quarter of 2024. Given the change to Standard Time in the United States, the previously announced time for the conference call has changed to the one indicated below: Conf ...

In the latest market close, Ecopetrol (EC) reached $7.57, with a +0.13% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 2.53%. On the other hand, the Dow registered a gain of 3.57%, and the technology-centric Nasdaq increased by 2.95%.Shares of the oil and natural gas exploration company witnessed a loss of 12.8% over the previous month, trailing the performance of the Oils-Energy sector with its loss of 3.81% and the S&P 500's gain of 0.66%.The investment ...

The Colombian division of Petrobras S.A. (PBR) , Petrobras International Braspetro BV,and the country’s state-owned energy giant, Ecopetrol S.A. (EC) , have finally received a favorable ruling from the Santa Marta Tribunal to continue with drilling and operational activities in the Tayrona drilling area after a previous setback from the Fourth Labor Court of the Santa Marta Circuit. Previously, the labor court had ruled to halt operations at the Sirius-2 well due to issues raised by the Indigenous Community ...