Business
Ecopetrol Comments on Recent News Reports on a Potential Transaction
Given recent news reports about a potential acquisition in Brazil by Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or "we"), we would like to clarify that, Ecopetrol continuously assesses inorganic growth opportunities as part of its strategy for growth and diversification.
About this update from Ecopetrol Sa
[{"type":"text","content":"BOGOTA, Colombia, Dec. 29, 2025 /PRNewswire/ -- Given recent news reports about a potential acquisition in Brazil by Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or "we"), we would like to clarify that, Ecopetrol continuously assesses inorganic growth opportunities as part of its strategy for growth and diversification.","length":361,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":141,"url":"https://media.zenfs.com/en/prnewswire.com/18cbb343b1fa05574e88893cbce8b0b0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/md3iWrafw94WH27G7BSGaA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI0OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/18cbb343b1fa05574e88893cbce8b0b0","width":400,"height":141}},"href":"https://mma.prnewswire.com/media/2850755/ecopetrol_s_a__logo_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"While Ecopetrol is currently assessing alternatives in the Brazilian market where the Ecopetrol Group is already present, these assessments are still in preliminary stages in accordance with standard market practices. As of today, there are no binding commitments or obligations to finalize any potential transactions that would warrant disclosure as material information.","length":372,"tagName":"p"},{"type":"text","content":"Should decisions arise that require the release of material information to the public regarding this or any other opportunity, Ecopetrol expects to disclose these to the market in accordance with applicable regulations.","length":219,"tagName":"p"},{"type":"text","content":"-------------------------------------","length":37,"tagName":"p"},{"type":"text","content":"Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal ...