tiprankstipranks
Ecopetrol Maintains Stable Credit Rating Amid SCP Downgrade
Company Announcements

Ecopetrol Maintains Stable Credit Rating Amid SCP Downgrade

Ecopetrol SA (EC) has released an update.

Don't Miss Our Christmas Offers:

Fitch Ratings has maintained Ecopetrol’s global credit rating at BB+ with a stable outlook, while adjusting its Standalone Credit Profile from ‘bbb’ to ‘bbb-‘. Despite the downgrade in SCP, Ecopetrol’s robust position as Colombia’s leading oil and gas producer, and its significant energy transmission operations in Latin America, continue to underscore its strategic importance and solid financial profile. This reflects its capacity to remain within the Investment Grade range.

For further insights into EC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskEcopetrol Announces Strategic Leadership Changes
TheFlyEcopetrol announces changes in senior management
TheFlyParex Resources announces enhanced partnership with Ecopetrol
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App