Ecopetrol SA (EC) has released an update.
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Ecopetrol S.A. has demonstrated resilience amid a challenging global market, reporting a net income of COP 11 trillion for the first nine months of 2024, with an impressive EBITDA margin of 43%. The company successfully issued international bonds worth USD 1,750 million, underscoring investor confidence in its financial strength. Ecopetrol’s diversification efforts and commitment to renewable energy further highlight its strategic growth and sustainability goals.
For further insights into EC stock, check out TipRanks’ Stock Analysis page.
