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Ecopetrol (NYSE: EC) moves to tighten shareholder representation

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Ecopetrol S.A. (EC) reports that it will implement specific measures to ensure the proper representation of shareholders at an Extraordinary Shareholders’ Meeting scheduled for September 15, 2026. These measures respond to requirements in Part III, Title I, Chapter VI of the Legal Basic Circular issued by the Financial Superintendence of Colombia (C.E. 006 of 2025).

The company reiterates its role as Colombia’s largest company and a major integrated energy firm in the Americas, with upstream, midstream, downstream and petrochemical operations, as well as a controlling 51.4% stake in ISA, which expands its activities into power transmission, road concessions and telecommunications across several Latin American countries.

Positive

  • None.

Negative

  • None.
Employees more than 19,000 employees Ecopetrol’s reported workforce size
Share of Colombia hydrocarbon production more than 60% Proportion of Colombia’s hydrocarbon production for which Ecopetrol is responsible
Stake in ISA 51.4% of ISA’s shares Controlling interest acquired by Ecopetrol in ISA
Extraordinary Shareholders’ Meeting date September 15, 2026 Scheduled date of the Extraordinary Shareholders’ Meeting
Extraordinary Shareholders’ Meeting regulatory
"proper representation of shareholders at the Extraordinary Shareholders’ Meeting scheduled"
An extraordinary shareholders’ meeting is a special gathering called outside the regular annual meeting to vote on urgent or significant company matters, such as large mergers, major asset sales, changes to control, or amendments to governing rules. Think of it as a town-hall called when something important arises that owners must approve; investors should pay attention because outcomes can change a company’s strategy, value, or their ownership stakes quickly.
Financial Superintendence of Colombia regulatory
"Legal Basic Circular issued by the Financial Superintendence of Colombia"
forward-looking statements regulatory
"This release contains statements that may be considered forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
energy transmission technical
"the company participates in energy transmission, the management of real-time systems"
real-time systems (XM) technical
"participates in energy transmission, the management of real-time systems (XM)"

FAQ

What did Ecopetrol S.A. (EC) announce in this Form 6-K?

Ecopetrol announced that it will adopt measures to ensure the proper representation of shareholders at its Extraordinary Shareholders’ Meeting on September 15, 2026, in line with requirements in the Legal Basic Circular (C.E. 006 of 2025) from the Financial Superintendence of Colombia.

When is Ecopetrol’s 2026 Extraordinary Shareholders’ Meeting scheduled?

The Extraordinary Shareholders’ Meeting of Ecopetrol S.A. is scheduled for September 15, 2026. The company states it will implement measures to ensure shareholders are properly represented at this meeting, in accordance with Colombian regulatory requirements.

Which regulation governs the shareholder representation measures cited by EC (Ecopetrol)?

The measures Ecopetrol references are governed by Part III, Title I, Chapter VI of the Legal Basic Circular issued by the Financial Superintendence of Colombia, specifically C.E. 006 of 2025.

How large is Ecopetrol S.A. (EC) in terms of employees and production?

Ecopetrol reports having more than 19,000 employees and being responsible for more than 60% of Colombia’s hydrocarbon production, as well as most of the country’s transportation, logistics and hydrocarbon refining systems.

What stake does Ecopetrol (EC) hold in ISA and what does it provide?

Ecopetrol states it acquired 51.4% of ISA’s shares. Through this stake, it participates in energy transmission, operation of real-time systems (XM), and the Barranquilla–Cartagena coastal highway concession, and via ISA’s subsidiaries has positions in power transmission, road concessions and telecommunications.

Does this Ecopetrol (EC) report include forward-looking statements?

Yes. Ecopetrol notes that the release contains forward-looking statements subject to risks and uncertainties, citing factors such as oil and gas prices, exploration and production activities, market conditions, regulations, exchange rate, competitiveness and Colombia’s economic performance.

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Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August, 2026

 

Commission File Number 001-34175

 

ECOPETROL S.A.

(Exact name of registrant as specified in its charter)

 

N.A.

(Translation of registrant’s name into English)

 

COLOMBIA

(Jurisdiction of incorporation or organization)

 

Carrera 13 No. 36 – 24
BOGOTA D.C. – COLOMBIA
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x      Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)

 

Yes ¨      No x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)

 

Yes ¨      No x

 

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ¨      No x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Ecopetrol S.A.  
     
 

By:  

/s/ Alfonso Camilo Barco  
    Name:  

Alfonso Camilo Barco

 
    Title: Chief Financial Officer  

 

Date: August 28, 2026

 

 

 

 

 

 

 

 

Ecopetrol announces the implementation of measures designed to ensure the proper representation of Shareholders at the Extraordinary Meeting scheduled for September 15, 2026

 

Bogota D.C., August 28, 2026

 

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) hereby announces that, in accordance with the requirements set forth in Part III, Title I, Chapter VI of the Legal Basic Circular issued by the Financial Superintendence of Colombia (C.E. 006 of 2025), the following measures will be adopted to ensure the proper representation of shareholders at the Extraordinary Shareholders’ Meeting scheduled for September 15, 2026:

 

·Inform shareholders of their right to be represented at the meeting by proxy, and specify the legal requirements applicable to the powers of attorney granted for such representation.

 

·Instruct those responsible for verifying the powers of attorney submitted by shareholders that they must not accept any powers of attorney that fail to comply with the minimum legal requirements, and that no power of attorney may be accepted unless the name of the designated representative is clearly stated.

 

·Remind Ecopetrol’s managers and employees that: (i) they must not suggest or determine the names of shareholders’ proxies; (ii) they must not recommend that shareholders vote for any particular list; and (iii) they must not suggest, coordinate, or agree with shareholders on the submission of proposals at the Meeting, nor on voting for or against any proposal submitted at the Meeting.

 

·Prohibit the granting of powers of attorney to individuals who are directly or indirectly related to the management of Ecopetrol or are employees of Ecopetrol.

 

·Remind employees that, except in cases of legal representation, they may not, while acting in their official capacity, represent at the Meeting any shares other than those they personally own.

 

·Designate the Corporate Legal Vice Presidency and the General Secretariat as the areas responsible for reviewing and verifying the powers of attorney.

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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 highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector.

 

This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases, or orally, address matters that involve risks and uncertainties, including in respect of the Company’s prospects for growth and its ongoing access to capital to fund the Company’s business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company’s competitiveness and the performance of Colombia’s economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements. 

 

For more information, please contact:

 

Investor Relations Office

Email: investors@ecopetrol.com.co 

 

Corporate Communications (Colombia)  

Email: _noticias@ecopetrol.com.co

Filing Exhibits & Attachments

1 document