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. reports that S&P Global Ratings has affirmed its global credit rating at BB- with a stable outlook and its Stand-Alone Credit Profile at bb+. S&P cites stronger liquidity, including a committed credit facility of about USD190 million, refinanced short-term debt, and higher operating cash flow.
S&P expects Ecopetrol’s adjusted net debt-to-EBITDA ratio to stay close to 2.0x over the coming years, supported by a favorable price environment and no significant near-term debt increase. The rating outlook remains directly tied to Colombia’s sovereign rating, reflecting Ecopetrol’s strategic importance and close relationship with the government.
Ecopetrol S.A. has temporarily suspended its tender offer in Brazil after its subsidiary received requests for adjustments from the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários, CVM). The company is pausing the process to fully comply with Brazilian regulations.
The auction tied to the tender offer will resume on a date to be determined by the CVM once the requested adjustments are made, approved, and all conditions precedent in the Brazilian stock exchange documentation are satisfied. Ecopetrol cautions that there is no assurance on the timing of the resumption or that all conditions will be met.
Ecopetrol S.A. reports that it has reached a final six-year collective bargaining agreement with the Oil Workers Union (USO), effective from January 1, 2026. USO is described as the majority union and holder of the main collective agreement.
In parallel, the company completed 66 additional final agreements with other participating labor unions, following more than 990 negotiation sessions. The agreements include improved working conditions, expanded health and education benefits, stronger diversity, equity and inclusion initiatives, and increased social investment.
Ecopetrol states that these measures are meant to support employee and family well-being, reinforce relationships with key stakeholders, and remain consistent with its principles of reasonableness, efficiency and cost discipline. The company plans to complete formal filing of the agreement with Colombia’s Ministry of Labor and then conduct joint nationwide sessions with USO to explain the new terms.
Ecopetrol S.A. reports that its Board of Directors has postponed the start of the previously approved unpaid leave for Chief Executive Officer Ricardo Roa Barragán. The unpaid leave was scheduled to begin on May 28, 2026 for 30 calendar days.
Following a duly reported medical leave notified on May 26, 2026 for 30 calendar days, the unpaid leave will now start on June 27, 2026, after the medical leave and remaining vacation period, and will last 30 calendar days. The Board decided to maintain Juan Carlos Hurtado Parra, First Alternate to the Chief Executive Officer, as acting Chief Executive Officer so day-to-day leadership continues.
The company reiterates that it will continue operating in line with its business strategy and highlights its role as Colombia’s largest company, a major integrated energy player in the Americas, and a controlling shareholder of ISA with 51.4% of its shares.
Ecopetrol S.A. reports that its Brazilian subsidiary has launched a voluntary tender offer on Brazil’s B3 exchange to buy 116,110,717 common shares of Brava Energia S.A. at R$23.00 per share. These shares represent approximately 25% of Brava’s issued and outstanding capital, and the price reflects a premium of about 20.9% over Brava’s 90-day volume-weighted average price.
The offer is part of a previously announced transaction that, subject to a share purchase agreement, regulatory approvals and other conditions precedent, would give Ecopetrol a 51% controlling voting interest in Brava. The tender offer remains open until June 25, 2026 and is expected to be financed with a bridge loan. Ecopetrol expects that, once completed, the acquisition will increase reserves and production, improve EBITDA and ROACE, and further expand and diversify its energy portfolio in Brazil.
Ecopetrol S.A. is advancing its entry into the Jemeiwaa Ka’I wind cluster in La Guajira by purchasing a 49% interest in the JK1 and JK2 wind projects for approximately USD 25.5 million. These two projects are part of a six-project wind cluster being developed with AES Colombia under a previously signed Investment Framework Agreement.
The JK1 and JK2 projects together have an assigned capacity of 259 MW and will be connected to a collector substation by a 35-kilometer transmission line. Once construction is completed and operations begin, they are expected to generate about 1,100 GWh of electricity annually, covering approximately 12% of the Ecopetrol Group’s average energy demand.
The projects are expected to support Ecopetrol’s energy transition strategy by improving energy cost efficiency, strengthening operational reliability, and delivering estimated decarbonization benefits of about 4.3 million tons of CO₂ equivalent over their projected operating life. Conditions precedent for the remaining four projects in the wind cluster are still pending before Ecopetrol can complete the rest of the 49% interest.
Ecopetrol S.A. has published its Quarterly Periodic Report as of March 31, 2026, in line with External Circular No. 012 of 2022 from the Superintendence of Finance of Colombia. The report covers financial and operational performance, corporate structure and risk management.
The document also provides detailed information on business performance, corporate governance and sustainability matters, prepared under Colombian law and applicable regulatory requirements. The full report is publicly available in Spanish through Ecopetrol’s disclosure channels.
Ecopetrol S.A. reports that Mr. Juan Gonzalo Castaño Valderrama has resigned as a non-independent member of its Board of Directors for personal and professional reasons. His resignation took effect at the end of the board meeting held on May 12, 2026.
The Board will continue operating with its remaining members, preserving the quorum and voting majorities required to deliberate and make decisions under applicable regulations. The company and its Board thank Mr. Castaño Valderrama for his contributions and wish him success in his future endeavors.
Ecopetrol S.A. reports that Mr. Juan Gonzalo Castaño Valderrama has resigned as a non-independent member of its Board of Directors for personal and professional reasons. His resignation took effect at the end of the board meeting held on May 12, 2026.
The Board will continue operating with its remaining members, preserving the quorum and voting majorities required to deliberate and make decisions under applicable regulations. The company and its Board thank Mr. Castaño Valderrama for his contributions and wish him success in his future endeavors.
Ecopetrol S.A. reported weaker top-line results for 1Q 2026, with total revenue of 28,625 billion COP, down 8.7% from 31,365 billion COP in 1Q 2025, mainly reflecting lower export revenue.
Despite this, operating income edged up 2.2% to 8,564 billion COP and EBITDA increased 1.5% to 13,458 billion COP, lifting the EBITDA margin to 47.0% from 42.3%. Net income attributable to owners of Ecopetrol declined 7.7% to 2,887 billion COP as higher income tax expense offset operating gains.
Operationally, sales volumes fell 5.5% and total production decreased 2.7%, while refineries throughput rose 5.5% and transported volumes increased 2.8%, showing stronger midstream and downstream activity against softer upstream volumes.
Ecopetrol S.A. reported weaker top-line results for 1Q 2026, with total revenue of 28,625 billion COP, down 8.7% from 31,365 billion COP in 1Q 2025, mainly reflecting lower export revenue.
Despite this, operating income edged up 2.2% to 8,564 billion COP and EBITDA increased 1.5% to 13,458 billion COP, lifting the EBITDA margin to 47.0% from 42.3%. Net income attributable to owners of Ecopetrol declined 7.7% to 2,887 billion COP as higher income tax expense offset operating gains.
Operationally, sales volumes fell 5.5% and total production decreased 2.7%, while refineries throughput rose 5.5% and transported volumes increased 2.8%, showing stronger midstream and downstream activity against softer upstream volumes.