Welcome to our dedicated page for Ecopetrol SEC filings (Ticker: EC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Ecopetrol S.A. filings document the U.S. reporting record of a Colombian foreign private issuer with integrated energy operations. Its Form 20-F disclosures cover the company's business, risk factors, and IFRS financial statements, while Form 6-K reports furnish current information to the SEC, the New York Stock Exchange, bondholders, and the market.
The filings address operating and financial performance, credit-rating actions, external debt management, Fuel Price Stabilization Fund (FEPC) matters, governance decisions, material agreements, and capital-structure disclosures. They also include Colombian periodic reporting on financial, operational, governance, social, environmental, and climate-related matters.
Ecopetrol S.A. files its Form 20‑F annual report, outlining 2025 operating results, strategy and major projects. Average oil and gas production was 745.3 mboed, with proved reserves of 1,944 mmboe and a 121% 1P reserves replacement ratio, while transmission lines reached 50,564 km.
The company reported COP 9.0 trillion in net income and a total contribution to the Colombian Nation of COP 34.6 trillion in dividends, taxes and royalties. A lower-than-planned Brent price of USD 68.19/bbl, versus a USD 73.00 assumption, weighed on results but was partly offset by a historic efficiency plan of COP 6.6 trillion in savings.
Ecopetrol advances its 2040 “Energy That Transforms” strategy, targeting deep decarbonization, portfolio diversification and strict capital discipline. TESG initiatives achieved a 46% methane reduction versus 2019, 2.8 MtCO2e of cumulative emissions cuts and 950.6 MW of renewable capacity integrated by 2025. The 2026 investment plan of COP 22–27 trillion prioritizes exploration and production, energy transmission, and low‑emission projects.
Ecopetrol S.A. filed a Form 6-K announcing the schedule for its first quarter 2026 earnings disclosure and related conference call. The company plans to release financial and operational results for the first quarter of 2026 on Tuesday, May 12, 2026, after market close.
Management will then host a virtual earnings conference call on Wednesday, May 13, 2026, at 9:00 a.m. Colombia time and 10:00 a.m. New York time, with simultaneous webcasts in Spanish and English. The release, presentation, webcast and replay will be available on Ecopetrol’s website.
Ecopetrol S.A. reports that Moody’s Ratings has downgraded its global credit rating from Ba1 to Ba2 and changed the outlook from stable to negative. Moody’s kept Ecopetrol’s stand‑alone Baseline Credit Assessment (BCA) at b1, reflecting the company’s underlying business strength.
Moody’s cites a less favorable view of potential support from the Government of Colombia, including concerns about possible government interference and lower clarity around support mechanisms such as the Fuel Price Stabilization Fund. The agency also factors in possible higher refinancing risk if a material merger or acquisition were financed with short‑term debt, although it notes Ecopetrol’s strong liquidity and solid position as Colombia’s leading integrated oil and gas company.
Ecopetrol S.A. has agreed to buy 120,813,490 shares of Brazil’s Brava Energia S.A., equal to about 26% of Brava’s share capital, from a group of significant shareholders. To obtain control, Ecopetrol plans a Voluntary Tender Offer on Brazil’s B3 at R$23.00 per share to reach a 51% equity interest.
Brava, created from the 2024 merger of 3R Petroleum and Enauta, reported EBITDA of USD 806 million in 2025 with a 39% margin, and holds 459 MMboe of 1P reserves and about 81 Mboed of 2025 production. The deal is subject to conditions including Brazilian antitrust approval, financing through a bridge loan, and achieving a 51% voting stake, and is intended to support Ecopetrol’s 2040 strategy and contribute to metrics such as ROACE and EBITDA.
Ecopetrol S.A. has published its Year-End Periodic Report for fiscal year 2025, included within its 2025 Integrated Management Report, in line with Colombian regulatory requirements. The report covers financial, operational, governance, social and environmental performance for the year ended December 31, 2025, including a chapter on climate-related practices, policies, processes and indicators.
Ecopetrol’s legal representative has issued a certification stating that the 2025 financial statements and other disclosed reports do not contain defects, inaccuracies or errors that would prevent a true understanding of the company’s financial condition or operations. The complete report, prepared under Colombian law, is publicly available in Spanish through Ecopetrol’s website.
Ecopetrol S.A. reports that S&P Global Ratings has revised its global credit rating to BB- from BB, with a stable outlook, after a similar downgrade of Colombia’s sovereign rating. S&P kept Ecopetrol’s stand-alone credit profile at bb+, reflecting stronger fundamentals than the sovereign.
S&P notes that Ecopetrol’s rating is capped by Colombia’s creditworthiness because the government owns 88.49% of the company, relies heavily on its dividends and royalties, and views it as critical to the national energy sector. Ecopetrol distributed about COP11.7 trillion in dividends in 2025, and dividends typically equal 40%–60% of net income.
The agency highlights that recent government-related decisions, including an agreement for Ecopetrol and its Cartagena refinery to receive roughly COP1.6 trillion from the Fuel Price Stabilization Fund, signal fiscal strain and could limit Ecopetrol’s flexibility to reduce dividends and strengthen its balance sheet, contributing to weak free cash flow metrics.
ECOPETROL S.A. executive Juan Carlos Hurtado Parra, EVP of Hydrocarbons, has reported his equity position in the company. The filing shows direct ownership of 2,000 Common Shares of Ecopetrol, reflecting his current stake rather than a new purchase or sale.
Ecopetrol S.A. reports that its Board of Directors approved an unpaid leave of absence requested by President Ricardo Roa Barragán. His vacation is scheduled from April 7, 2026 to May 27, 2026, followed by a 30-day unpaid leave starting May 28, 2026.
The Board appointed Juan Carlos Hurtado Parra, currently Executive Vice President of Hydrocarbons and first alternate to the President since November 16, 2025, as Acting President. He brings 28 years of energy-sector experience, including senior roles at Ecopetrol and Transportadora de Gas Internacional.
Ecopetrol S.A. obtained authorization from Colombia’s Ministry of Finance and Public Credit to execute a new loan of up to USD 1.25 billion as part of its debt management strategy. The facility will be provided by Banco Bilbao Vizcaya Argentaria S.A. New York Branch, Bank of America N.A., JP Morgan Chase Bank N.A., and Bank of China Limited – Panama Branch.
The loan will have a five-year term from signing, be repaid in four equal installments, and carry a floating interest rate indexed to SOFR. Ecopetrol plans to use the funds mainly to repay a USD 1.2 billion loan originally used to acquire its stake in Interconexión Eléctrica S.A. E.S.P. and USD 50 million of another USD 500 million loan.
The agreement, governed by New York law, includes customary events of default that can trigger early repayment, as well as a right for Ecopetrol to seek recourse if lenders fail to disburse funds. Ecopetrol highlights that the terms support its strategy to reduce debt costs and optimize its maturity profile.
Ecopetrol S.A. obtained authorization from Colombia’s Ministry of Finance and Public Credit to execute a new loan of up to USD 1.25 billion as part of its debt management strategy. The facility will be provided by Banco Bilbao Vizcaya Argentaria S.A. New York Branch, Bank of America N.A., JP Morgan Chase Bank N.A., and Bank of China Limited – Panama Branch.
The loan will have a five-year term from signing, be repaid in four equal installments, and carry a floating interest rate indexed to SOFR. Ecopetrol plans to use the funds mainly to repay a USD 1.2 billion loan originally used to acquire its stake in Interconexión Eléctrica S.A. E.S.P. and USD 50 million of another USD 500 million loan.
The agreement, governed by New York law, includes customary events of default that can trigger early repayment, as well as a right for Ecopetrol to seek recourse if lenders fail to disburse funds. Ecopetrol highlights that the terms support its strategy to reduce debt costs and optimize its maturity profile.
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.
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.