Ecopetrol S.A. (EC) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.922 Good morning. My name is Natalia and I will be your operator today. 00:00:04.922 -- 00:00:10.514 Welcome to Ecopetrol's earnings conference call, in which we will discuss the main financial 00:00:10.514 -- 00:00:13.922 and operating results in 2025. 00:00:13.922 -- 00:00:18.813 There will be a questions and answer session at the end of the presentation. 00:00:18.813 -- 00:00:24.385 Before we begin, it is important to mention that the comments in this call by Ecopetrol's 00:00:24.385 -- 00:00:29.676 senior management include projections of the company's future performance. 00:00:29.676 -- 00:00:34.686 These projections do not constitute any commitment as to future results, 00:00:34.686 -- 00:00:39.957 nor do they take into account risks or uncertainties that could materialize. 00:00:39.957 -- 00:00:45.428 As a result, Ecopetrol assumes no responsibility in the event that future 00:00:45.428 -- 00:00:50.758 results are different from the projections shared on this conference call. 00:00:50.758 -- 00:00:55.668 The call will be led by Mr. Ricardo Roa, CEO of Ecopetrol. 00:00:55.668 -- 00:01:00.856 Juan Carlos Hurtado, Executive Vice President of Hydrocarbons. 00:01:00.856 -- 00:01:06.104 Camilo Vargo, CFO. And Byron Triana, Executive Vice President 00:01:06.104 -- 00:01:08.368 of Transition Energies. 00:01:08.368 -- 00:01:13.488 Thank you for your attention. Mr. Roa, you may begin your conference. 00:01:13.488 -- 00:01:18.336 Good morning. Thank you for joining us today for Ecopetrol Group's fourth quarter and 00:01:18.336 -- 00:01:20.339 full year 2025 00:01:20.339 -- 00:01:26.429 results call. Last year, we achieved our goals, maintained financial discipline, 00:01:26.429 -- 00:01:31.577 stable operations, maximizing value management...