Ecopetrol announces the dates of the publication of its fourth quarter and full year 2022 earnings report and conference calls

Rhea-AI Summary

Ecopetrol S.A. (NYSE: EC) announced that it will publish its financial and operational results for the fourth quarter and full year 2022 on February 28, 2023, after market close. Following the announcement, senior management will host two conference calls on March 1, 2023, at 08:00 a.m. (Spanish) and 10:00 a.m. (English) Colombian time, to discuss the results. The earnings release and live webcast will be accessible on Ecopetrol's website. As the largest company in Colombia, Ecopetrol plays a crucial role in the country's hydrocarbon production and is heavily involved in energy transmission across Latin America.

Positive

• Ecopetrol's strategic position as the largest company in Colombia and leader in energy sectors.
• Engagement in energy transmission through the acquisition of 51.4% of ISA's shares.

Negative

• None.

BOGOTA, Colombia, Feb. 22, 2023 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday, February 28, 2023, after market close, it will release its financial and operating results for the fourth quarter and full year 2022.

On Wednesday, March 1, 2023, Ecopetrol's senior management will host two conference calls to review the results, one in Spanish and the other in English. Please find below the timing and links to access the conferences:

Spanish Conference Call	English Conference Call
08:00 a.m. Col Time	10:00 a.m. Col Time
08:00 a.m. NY Time	10:00 a.m. NY Time

To access the webcast, the following link will be available:

Spanish:
https://xegmenta.co/ecopetrol/conferencia-de-resultados-4t-2022/

English:
https://xegmenta.co/ecopetrol/results-conference-call-4th-2022/

To ask a question participants can access through the platform once the transmission of the call starts.

The earnings release, slide presentation, live webcast and recording of the conference call will be available on Ecopetrol's website: www.ecopetrol.com.co.

Please verify in advance the proper operation of the webcast in your browser. We recommend the use of the latest versions of Internet Explorer, Google Chrome, and Mozilla Firefox.

Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 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 press release contains business prospect statements, operating and financial result estimates, and statements related to Ecopetrol's growth prospects. These are all projections and, as such, they are based solely on the expectations of the managers regarding the future of the company and their continued access to capital to finance the company's business plan. The realization of said estimates in the future depends on the behavior of market conditions, regulations, competition, and the performance of the Colombian economy and the industry, among other factors, and are consequently subject to change without prior notice.

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:

Head of Capital Markets (a)
Carolina Tovar Aragón
Email: investors@ecopetrol.com.co

Head of Corporate Communications (a)
Juan Guillermo Londoño
Correo electrónico: juan.londono@ecopetrol.com.co

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SOURCE Ecopetrol S.A.

FAQ

When will Ecopetrol release its Q4 and full year 2022 financial results?

Ecopetrol will release its financial results on February 28, 2023, after market close.

What time are the Ecopetrol conference calls scheduled?

The conference calls are scheduled for March 1, 2023, at 08:00 a.m. for Spanish and 10:00 a.m. for English.

How can I access the Ecopetrol earnings webcast?

The earnings webcast can be accessed through links available on Ecopetrol's website.

What is Ecopetrol's main role in Colombia's energy sector?

Ecopetrol is responsible for over 60% of hydrocarbon production in Colombia.

What significant acquisition has Ecopetrol made recently?

Ecopetrol acquired 51.4% of ISA's shares, enhancing its energy transmission capabilities.