Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
08 November 2024 - 11:29PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of November, 2024
Commission File Number 001-34175
ECOPETROL S.A. |
(Exact name of registrant as specified in its charter)
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N.A. |
(Translation of registrant’s name into English)
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COLOMBIA |
(Jurisdiction of incorporation or organization)
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Carrera 13 No. 36 – 24 |
BOGOTA D.C. – COLOMBIA |
(Address of principal executive offices) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)
Yes ¨ No x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)
Yes ¨ No x
Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Ecopetrol S.A. |
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By: |
/s/ Alfonso Camilo Barco |
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Name: |
Alfonso Camilo Barco |
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Title: |
Chief
Financial Officer |
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Date: November 8,
2024
Fitch Ratings maintains Ecopetrol's overall credit rating at
BB+ and stable outlook.
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the “Company”
or “Ecopetrol”) informs that Fitch Ratings reported on November 6, 2024, that it has maintained the global credit rating
of the Company at BB+ with a stable outlook. Additionally, the agency has downgraded the Standalone Credit Profile (“SCP”)
from ‘bbb’ to ‘bbb-’ and affirmed the national long-term and short-term ratings of Ecopetrol
at ‘AAA (col)’ with a Stable Outlook and ‘F1+(col)’, respectively.
Fitch noted that the global rating of ‘BB+’ reflects
the stable operational condition of the Company as the leading producer of oil and gas in Colombia, as well as its significant energy
transmission business in Colombia and other Latin American countries through its subsidiary Interconexión Eléctrica
S.A. E.S.P -ISA. The agency indicated Ecopetrol’s strategic importance and ability to maintain a solid financial profile. is expected
to
The SCPCwere by the agencyrobustness fromevaluation
of the aforementioned factors and the other considerations contained in the report support an individual rating that is within Investment
Grade and at a level above the Company’s overall rating.
The assessment of the aforementioned factors and other
considerations contained in the report supports an SCP that remains within the Investment Grade range and above the Company’s global
rating.
The complete report issued by the agency on November
6, 2024, can be consulted at the following link:
https://www.fitchratings.com/research/corporate-finance/fitch-affirms-ecopetrol-foreign-local-currency-idrs-at-bb-outlook-stable-06-11-2024
Bogota D.C., November 8, 2024
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Ecopetrol is the largest company
in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia, it
is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and
it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA’s shares, the
company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway
concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration
operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and, through ISA and its subsidiaries, Ecopetrol holds
leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications
sector.
For more information, please contact:
Head of Capital Markets (a)
Lina María Contreras Mora
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co
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