Ecopetrol Announces Change of Auditors in June 2025

Ecopetrol SA ( (EC) ) has provided an update.

On June 19, 2025, Ecopetrol S.A. announced a change in its auditing firm, transitioning from Ernst & Young Audit S.A.S. to Deloitte & Touche S.A.S. for the fiscal years ending from 2025 to 2028. This decision, approved by the audit committee, board of directors, and shareholders, follows Ecopetrol’s rotation policy. The previous auditors’ reports for 2023 and 2024 were unqualified, and there were no disagreements or reportable events during their tenure, ensuring a smooth transition.

The most recent analyst rating on (EC) stock is a Sell with a $9.00 price target. To see the full list of analyst forecasts on Ecopetrol SA stock, see the EC Stock Forecast page.

Spark’s Take on EC Stock

According to Spark, TipRanks’ AI Analyst, EC is a Outperform.

Ecopetrol’s strong technical indicators and attractive valuation drive its high overall score, offering potential for growth. Solid financial performance supports the outlook, though challenges like high leverage and market volatility must be managed.

To see Spark’s full report on EC stock, click here.

More about Ecopetrol SA

Ecopetrol is the largest company in Colombia and a leading integrated energy company in the Americas, employing over 19,000 people. It is responsible for more than 60% of Colombia’s hydrocarbon production and plays a significant role in transportation, logistics, and refining systems. The company also holds key positions in petrochemicals, gas distribution, energy transmission, and telecommunications across various countries in the Americas.

Average Trading Volume: 2,621,292

Technical Sentiment Signal: Buy

Current Market Cap: $19.84B

For detailed information about EC stock, go to TipRanks’ Stock Analysis page.