{"id":11696,"date":"2020-08-03T17:45:00","date_gmt":"2020-08-03T17:45:00","guid":{"rendered":"https:\/\/wordpress2.hdnweb.com\/2020\/08\/03\/moodys-confirms-ecopetrol-s-a-s-investment-grade-rating\/"},"modified":"2020-08-03T17:45:00","modified_gmt":"2020-08-03T17:45:00","slug":"moodys-confirms-ecopetrol-s-a-s-investment-grade-rating","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/08\/03\/moodys-confirms-ecopetrol-s-a-s-investment-grade-rating\/","title":{"rendered":"Moody&#8217;s Confirms Ecopetrol S.A.&#8217;s Investment Grade Rating"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p>BOGOT\u00c1, <span class=\"xn-location\">Colombia<\/span>, <span class=\"xn-chron\">Aug. 3, 2020<\/span> \/PRNewswire\/ &#8212; Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the rating agency Moody&#8217;s kept the Company&#8217;s long-term international rating at Baa3, with stable outlook.<\/p>\n<div id=\"prni_dvprnejpgb2dcleft\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpgb2dcleft\" title=\" \" border=\"0\" alt=\" \" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/95646\/ecopetrol_s_a__logo.jpg\"\/><\/div>\n<p>Moody&#8217;s highlighted the Company&#8217;s strength as a leading firm in <span class=\"xn-location\">Colombia<\/span>, the benefits of being an integrated company, as well as the adequate liquidity levels required to navigate the current situation.<\/p>\n<p>Moody&#8217;s maintained Ecopetrol&#8217;s individual credit rating (Stand &#8211; Alone\/ without incorporating government support) at ba1.<\/p>\n<p><i>Ecopetrol is <span class=\"xn-location\">Colombia&#8217;s<\/span> largest firm and is an integrated oil company that is among the 50 largest in the world and the four largest in <span class=\"xn-location\">Latin America<\/span>. In addition to <span class=\"xn-location\">Colombia<\/span>, where it generates over 60% of the country&#8217;s production, it is active in exploration and production in <span class=\"xn-location\">Brazil<\/span>, <span class=\"xn-location\">Peru<\/span> and <span class=\"xn-location\">the United States<\/span> (<span class=\"xn-location\">Gulf of Mexico<\/span>). Ecopetrol operates the largest refinery in <span class=\"xn-location\">Colombia<\/span>, most of the country&#8217;s oil-pipeline and polyduct network, and is significantly increasing its share of bio-fuels. This press release contains statements relating to business prospects, estimates of operating and financial results, and Ecopetrol&#8217;s growth prospects. All are projections, and therefore are based solely on management&#8217;s expectations of the company&#8217;s future and its continuous access to capital to finance the company&#8217;s sales plan. Achieving these estimates in the future depends on its performance under given market conditions, regulations, competition, performance of the Colombian economy and industry, among other factors; therefore, they are subject to change without prior notice.<\/i><\/p>\n<p><b>For further information, contact:<\/b><\/p>\n<p><b>Juan Pablo Crane De Narv\u00e1ez<br \/><\/b>Head of Capital Markets<br \/>Phone: (+571) 234 5190<br \/>Email: <a target=\"_blank\" href=\"mailto:investors@ecopetrol.com.co\" rel=\"nofollow\">investors@ecopetrol.com.co<\/a><\/p>\n<p><b>Media Relations (<span class=\"xn-location\">Colombia<\/span>)<br \/><\/b><span class=\"xn-person\">Jorge Mauricio Tellez<\/span><br \/>Telephone: + 571-234-4329<br \/>Email: <a target=\"_blank\" href=\"mailto:mauricio.tellez@ecopetrol.com.co\" rel=\"nofollow\">mauricio.tellez@ecopetrol.com.co<\/a><\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IN81546&amp;sd=2020-08-03\"\/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/moodys-confirms-ecopetrol-sas-investment-grade-rating-301105082.html\">http:\/\/www.prnewswire.com\/news-releases\/moodys-confirms-ecopetrol-sas-investment-grade-rating-301105082.html<\/a><\/p>\n<p>SOURCE  Ecopetrol S.A.<\/p>\n<\/div>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IN81546&amp;Transmission_Id=202008031745PR_NEWS_USPR_____IN81546&amp;DateId=20200803\" style=\"border:0px; width:1px; height:1px;\"\/> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p>BOGOT\u00c1, <span class=\"xn-location\">Colombia<\/span>, <span class=\"xn-chron\">Aug. 3, 2020<\/span> \/PRNewswire\/ &#8212; Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the rating agency Moody&#8217;s kept the Company&#8217;s long-term international rating at Baa3, with stable outlook.<\/p>\n<div id=\"prni_dvprnejpgb2dcleft\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpgb2dcleft\" title=\" \" border=\"0\" alt=\" \" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/95646\/ecopetrol_s_a__logo.jpg\"\/><\/div>\n<p>Moody&#8217;s highlighted the Company&#8217;s&#8230;<\/p>\n","protected":false},"author":1,"featured_media":11697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-11696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-geovanny-vicente"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Moody&#039;s Confirms Ecopetrol S.A.&#039;s Investment Grade Rating - Multisitio 2<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wordpress2.hdnweb.com\/en\/2020\/08\/03\/moodys-confirms-ecopetrol-s-a-s-investment-grade-rating\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Moody&#039;s Confirms Ecopetrol S.A.&#039;s Investment Grade Rating - Multisitio 2\" \/>\n<meta property=\"og:description\" content=\"BOGOT\u00c1, Colombia, Aug. 3, 2020 \/PRNewswire\/ -- Ecopetrol S.A. 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