Ecopetrol Sets Governance Measures for February 5, 2026 Extraordinary Shareholders’ Meeting

An update from Ecopetrol SA ( (EC) ) is now available.

On January 19, 2026, Ecopetrol S.A. announced a series of governance and procedural measures to ensure proper shareholder representation at its Extraordinary Shareholders’ Meeting scheduled for February 5, 2026. The company will formally remind investors of their right to be represented by proxy and detail the legal requirements for valid powers of attorney, empower its Corporate Legal Vice Presidency and General Secretariat to review and verify these proxies, and instruct meeting personnel to reject any that do not meet legal standards or fail to clearly identify the designated representative. Ecopetrol is also reinforcing restrictions on the conduct of managers and employees, prohibiting them from influencing shareholders’ choice of proxies, from recommending voting slates or coordinating voting strategies, from acting as attorneys-in-fact for others’ shares except in limited legal cases, and from receiving proxy appointments if they are directly or indirectly connected to company management. These steps underscore the company’s effort to align with Colombian regulatory guidance, bolster corporate governance practices, and provide greater transparency and safeguards for minority shareholders ahead of a key extraordinary meeting.

The most recent analyst rating on (EC) stock is a Buy with a $13.50 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 overall stock score is driven by strong technical indicators and attractive valuation, despite financial challenges and high leverage. The positive sentiment from the earnings call further supports the stock’s potential, although caution is advised due to overbought technical signals.

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

More about Ecopetrol SA

Ecopetrol S.A. is Colombia’s largest company and one of the main integrated energy groups in the Americas, employing more than 19,000 people. It accounts for over 60% of Colombia’s hydrocarbon production and operates key transportation, logistics and refining systems, while holding leading positions in petrochemicals and gas distribution. Following the acquisition of a majority stake in ISA, Ecopetrol also participates in energy transmission, real-time system management and road concessions in Colombia and across Brazil, Chile, Peru and Bolivia, as well as in telecommunications, and it maintains upstream exploration and production interests in the United States, Brazil and Mexico.

Average Trading Volume: 2,372,341

Technical Sentiment Signal: Buy

Current Market Cap: $25.33B

For an in-depth examination of EC stock, go to TipRanks’ Overview page.