Business
Standard & Poor's Global Ratings (S&P) Affirms Ecopetrol's Stand‑Alone Credit Profile and Revises Its Global Credit Rating
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol") informs that S&P Global Ratings, in its report dated April 8, 2026, revised Ecopetrol's global credit rating from BB to BB-, with a stable outlook, in line with the adjustment made to the sovereign credit rating of the Republic of Colombia on the same date.
About this update from Ecopetrol Sa
[{"type":"text","content":"BOGOTA, Columbia, April 9, 2026 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol") informs that S&P Global Ratings, in its report dated April 8, 2026, revised Ecopetrol's global credit rating from BB to BB-, with a stable outlook, in line with the adjustment made to the sovereign credit rating of the Republic of Colombia on the same date.","length":389,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Ecopetrol S.A.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Ecopetrol S.A.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":141,"url":"https://media.zenfs.com/en/prnewswire.com/e8cafca3c864cd1d6b9d7e5819c8e320"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/lou8TRlUeger3m6rv9vXmA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI0OQ--/https://media.zenfs.com/en/prnewswire.com/e8cafca3c864cd1d6b9d7e5819c8e320","width":400,"height":141}},"href":"https://mma.prnewswire.com/media/2321203/ecopetrol_s_a__logo_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"S&P affirmed Ecopetrol's Stand-Alone Credit Profile (SACP) at bb+.","length":74,"tagName":"p"},{"type":"text","content":"In its report, S&P stated that Ecopetrol's global credit rating continues to be constrained by Colombia's sovereign rating, considering the Ecopetrol's relevance to the country's fiscal revenue generation, its status as a government‑related entity, and its strategic role in the national energy sector. Accordingly, the stable outlook assigned to Ecopetrol directly reflects the outlook of the sovereign rating.","length":431,"tagName":"p"},{"type":"text","content":"The full report issued by S&P Global Ratings may be consulted below:","length":72,"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 Barran...