Ecopetrol (NYSE: EC) sets cash and TES schedule for 2025 FEPC balance
Rhea-AI Filing Summary
Ecopetrol S.A. reports that Ecopetrol and Refinería de Cartagena S.A.S. executed an agreement with the Nation covering the outstanding FEPC payment for the first quarter of 2025. The agreement sets two installments: a cash transfer on April 1, 2026 and a payment in Treasury Securities on December 15, 2026.
The Ecopetrol Group notes that it continues coordinating with Colombia’s Ministries of Finance and Public Credit and of Mines and Energy on fuel pricing policy, payment mechanisms, and reduction of FEPC balances. The company also highlights its role as Colombia’s largest integrated energy company with significant operations across Latin America and the United States.
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Insights
FEPC agreement clarifies sizable sovereign payments to Ecopetrol.
The report states that Ecopetrol and Refinería de Cartagena agreed with the Nation on settlement of the outstanding FEPC amount for the first quarter of 2025. The table shows two scheduled payments using a mix of cash and Treasury Securities issued by the Republic of Colombia.
This structure formalizes timing and instruments but does not itself quantify Ecopetrol’s broader financial position. The filing also emphasizes ongoing coordination with Colombia’s finance and energy ministries on fuel pricing policy and mechanisms to reduce FEPC balances, framing the agreement as part of a continuing process rather than a one‑off event.
Key Figures
Key Terms
FEPC financial
Treasury Securities (TES) financial
fuel pricing policy regulatory
forward-looking statements regulatory
real-time systems (XM) technical
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 April, 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. | ||||
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By: |
/s/ Alfonso Camilo Barco | |||
| Name: |
Alfonso Camilo Barco |
|||
| Title: | Chief Financial Officer | |||
Date: April 2, 2026
Ecopetrol S.A. and Refinería de Cartagena S.A.S. Execute Agreement with the Nation for the Outstanding Payment of the FEPC Corresponding to the First Quarter of 2025
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that:
| 1. | Through Resolutions 00368 and 00369 dated March 31, 2026, the Hydrocarbons Directorate of the Ministry of Mines and Energy ordered the payment of the outstanding balance of the Fuel Price Stabilization Fund (“FEPC”) for the first quarter of 2025, for a total amount of COP 1.6 trillion, of which COP 1.2 trillion is attributable to Ecopetrol S.A. and COP 0.4 trillion is attributable to Refinería de Cartagena S.A.S. |
| 2. | Ecopetrol S.A., Refinería de Cartagena S.A.S., and the Government of the Republic of Colombia (the “Nation”), represented by the Ministry of Finance and Public Credit, have entered into a payment agreement under which the Nation undertakes to pay the outstanding balance of the FEPC account corresponding to the first quarter of 2025. The payment is expected to be made in accordance with the terms set forth below: |
| Payment Date | Amount (COP) | Payment Method |
| April 1, 2026 | 2,891,901,795.00 | Cash transfer |
| December 15,2026 | 1,555,514,748,090.21 | Treasury Securities (TES) issued by the Republic of Colombia |
| 3. | Under this agreement, the Nation acknowledges in favor of Ecopetrol S.A. and Refinería de Cartagena S.A.S. the cost associated with the time elapsed between the execution of the agreement and the payment scheduled for December 2026. |
| 4. | Additionally, this agreement confirms the Nation’s acknowledgment of its payment obligation and highlights the joint efforts of Ecopetrol and the Government. |
The Ecopetrol Group continues to work in close coordination with the Ministries of Finance and Public Credit and of Mines and Energy — the authorities responsible for fuel pricing policy — in the implementation of payment mechanisms and the reduction of FEPC balances.
Bogota D.C., April 1, 2026
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
Head of Corporate Communications (Colombia)
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co