Ecopetrol S.A. (EC) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. My name is Natalia and I will be your operator today. Welcome to Ecopetrol's earnings conference call, in which we will discuss the main financial and operating results of the second quarter of 2025. There will be a questions and answers session at the end of the presentation. Before we begin, it is important to mention that the comments in this call by Ecopetrol Senior Management include projections of the company's future performance. These projections do not constitute any commitment as to future results, nor do they take into account risks or uncertainties that could materialize. As a result, Ecopetrol assumes no responsibility in the event that future results are different from the projections shared on this conference call. The call will be led by Mr. Ricardo Roa, CEO of Ecopetrol, Rafael Guzman, Executive Vice President of Hydrocarbons, Camilo Barco, CFO, and Bayron Triana, Executive Vice President of Transition Energies. Thank you for your attention. Mr. Roa, you may begin your conference. Welcome to Ecopetrol Group's third quarter 2025 earnings call. Over the last nine months, we have been focusing our efforts on reinforcing our core business operations, maintaining a strict financial discipline, and advising profitable and strategic projects driven by energy transition and security for the country. These pillars have enabled us to effectively navigate and successfully face volatility in crude oil market besides exchange rates fluctuations, mitigating external pressures, remaining strongly aligned toward achieving our 2025 strategy objectives. Let's move on the next slide, please. From the operations side, we continue to demonstrate robust operational performance across all business segments, sustaining elevated production levels, consolidating...