Ecopetrol SA (EC) has released an update.
Fitch Ratings has reaffirmed Ecopetrol S.A.’s credit rating at BB+ with a stable outlook, citing the company’s strong financial position, strategic significance in Colombia, and robust operating metrics. Despite potential asset acquisitions in the Permian Basin, Fitch does not foresee a significant impact on Ecopetrol’s credit profile. Ecopetrol, Colombia’s largest company, plays a dominant role in the country’s hydrocarbon production, logistics, and refining, and is expanding its presence in energy transmission and other sectors across the Americas.
For further insights into EC stock, check out TipRanks’ Stock Analysis page.
